American Express Discussion Area

eagle

Prosaic wrote:

Not sure if this has been posted elsewhere ( can't see it anyway if it has) but got my Amex British Airways CC statement today

Default charges have dropped from £25 to £8 :T

Minimum repayments have dropped from 3% to 2.5% :think:

Cash withdrawals are now UP from 1.5% or £1.50 to 2.5% or £2.50 :eek:

Thanks for that Prosaic, I've been wondering when they'd be targetting this card too. Somehow I have a feeling cash withdrawals is not the only price hike we'll be seeing on this one...

Saucepot

Had an AMEX blue for a few years. Got a letter informing me of the chip and Pin rollout. Looks like the signature cards are going.

M_Thomson

Saucepot wrote:

Had an AMEX blue for a few years. Got a letter informing me of the chip and Pin rollout. Looks like the signature cards are going.

Yep, once your signature card expires, it will be Chip and Pin.

jimmyjim_uk

I've noticed you can't apply for an american express blue anymore, very odd

M_Thomson

jimmyjim_uk wrote:

I've noticed you can't apply for an american express blue anymore, very odd

You can, but you get a pop up telling you to do an application over the phone.

jimmyjim_uk

well spotted

I've already got a blue card, thought it had been withdrawn for new customers, making it more elite

M_Thomson

jimmyjim_uk wrote:

well spotted

I've already got a blue card, thought it had been withdrawn for new customers, making it more elite

I have one too. I also have a Platinum credit card. I hope this doesn't mean that the Blue cashback will be reduced for existing customers.

Saucepot

The blue's all see through now. Got a new one with the chip and pin roll out. Sexy. Exciting

Whether the blue or platinum is better for you depends on your annual spend. The Platinum has a higher cashback, but the thresholds are lower on the blue, meaning lower spends qualify for cashback.

eagle

Saucepot wrote:

The blue's all see through now. Got a new one with the chip and pin roll out. Sexy. Exciting

I thought I saw someone with a "see-through" blue card. At first I thought my eyes were playing me tricks.

Saucepot wrote:

Whether the blue or platinum is better for you depends on your annual spend. The Platinum has a higher cashback, but the thresholds are lower on the blue, meaning lower spends qualify for cashback.

I quite agree, the Platinum isn't best for everyone. My spending last year didn't even hit £8K, so the Blue would have been much better for me.

Saucepot

eagle wrote:

I quite agree, the Platinum isn't best for everyone. My spending last year didn't even hit £8K, so the Blue would have been much better for me.

If your spend is just under the 2% threshold, then it doesn't matter which card you have. If it occasionaly goes over then you might aswell have the platinum.

If your spend is likely to be 2k or 3k then it makes a difference as the point at which the 0.5% kicks into 1% is lower for the blue.

You can change cards easily if you phone them up.