American Express Discussion Area

Bisoy

Hello folks. I used my Amex Blue as main cashback card before i got hold of my Egg money last february which is now our main cashback card. I don't have any balance on it. Our total spending on credit cards last year is about £15K. I am tempted to apply for their Amex platinum but I just read recently that they are now charging annual fee of £15. Is worth getting one or should I close my blue card? Any advise and opinions welcome. Many thanks.

eagle

Bisoy wrote:

I am tempted to apply for their Amex platinum but I just read recently that they are now charging annual fee of £15. Is worth getting one or should I close my blue card? Any advise and opinions welcome. Many thanks.

Are you sure that's right?

American_Express_website wrote:

4. Charges:
a) No annual fee will be charged to your account as long as your spend reaches at least £500 in the 12 months preceding your card anniversary date. If you spend less than £500 on your card, an Account servicing charge of £15 will be applied.

LINK

Bisoy

I have read it over TMF CC boards that is why I don't know if its still worth getting the Platinum card.

eagle

Bisoy wrote:

I have read it over TMF CC boards that is why I don't know if its still worth getting the Platinum card.

Could you please post a link? This is getting me a little concerned. Are we talking about a flat-fee of £15 annual charge no matter what your level of use? If this is indeed true, or about to happen, I'll be going back to the Blue card.

Bisoy

Eagle TMF may have got it wrong or some typograghical error perhaps. I have just visited Amex platinum website and they still don't charge annual fees. In fact I've just applied awaiting now for the results.

billozz

couple of months ago i am sure i read an article by martin which stated that you could get air miles on one of the above cards for balance transfers, so i applied for one and when it arrived i transferred £3400 over to it and waited.....and waited, then i phoned them and they say its on purchases only any one know if they are correct please

daveybaby_2

uriel...reading this got me worried -but thanks for the early warning....
quote
Second time I've taken out a credit card with them thinking I would be getting life of balance 4.9% - first time I received 0% 6 months second time they confirmed I would get the 4.9%, so I transferred a balance - then, when I received my statement they'd changed the interest to 7.9%. How does that work then. Does the 4.9% rate exist? Has anybody actually received that rate? I have complained on several occasions to no avail. Do I have any comeback?

i applied for and got the amex platinum with life of balance 4.9% about a month ago. i applied online in the evening. the next morning the offer had gone. I rang amex and they confirmed my app at 4.9% lob. it seems i just made it. i did a 5k balance transfer to reduce the cost of my eggloan (@6.7%).

on activating the card i asked them to confirm the terms and they again said 4.9% lob. it also said it on the back of the letter the card was attached to!

so i will be watching this like a hawk. i am looking to pay it off asap anyway but if they try getting smart i guess i will just have to move it to a 0% card. now wishing i did that in the first place!

deary65

QUOTE
American Express card holders: Beware that pop-up log-in screen, even on the company's secure Web site. The credit card and travel services company has issued a warning about what it calls a false "security measures" pop-up screen that appears when users log in to its secure site....

Phishers and identity thieves thrive on tricking users into visiting fake, look-alike Web sites, but the latest discovery shows just how sophisticated the threat has become, said Roger Thompson, chief technology officer at Exploit Prevention Labs, a security research company in Atlanta.
http://www.security.ithub.com/article/American+Express+Beware+Phony+LogIn+Screen/176969_1.aspx
http://www10.americanexpress.com/sif/cda/page/0,1641,24381,00.asp

tominclover

Hi Everyone, new to the forum. I have just noticed this thread name and I thought I would ask in here for any advice on a post I placed here...

http://forums.moneysavingexpert.com/showthread.html?t=193508

Thanks

Tr@cker

The T&C's cleary state 4.9% LOB if transferred in the first 6 months on the blue amex and no annual fee, i reckon its a top deal unless you're prepared to take the chance tarting.