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Amex - enough places which accept it?
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It is correct that Costco accept AmEx, however I get a different rate of cashback (only 0.5% rather than 1.5%). Hidden in the AmEx cashback Ts&Cs is a clause that allows them to give a lower rate of cashback for spending at warehouses (or some such wording). Maybe your Ts&Cs are different.
I suspect it's the same for everyone. I noticed lower cashback than expected so phoned Amex and they pointed out the 'Warehouse' thing to me. Mine's also 1.25% rate normally for everything else. It's no worse than my other cards also paying 0.5% for general so no bother.0 -
I suspect it's the same for everyone. I noticed lower cashback than expected so phoned Amex and they pointed out the 'Warehouse' thing to me. Mine's also 1.25% rate normally for everything else. It's no worse than my other cards also paying 0.5% for general so no bother.Optimists see a glass half full
Pessimists see a glass half empty
Engineers just see a glass twice the size it needed to be0 -
Do any other warehouse type places accept it?
Costco is the only (warehouse) place in the UK, unless you count Makro etc.The curious thing is this reduced rate has never been applied to any other transaction I have made with AmEx (and I spend about £2k a month on it). I wonder whether anyone else has ever had this reduced rate applied for a transaction other than Costco?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
It is correct that Costco accept AmEx, however I get a different rate of cashback (only 0.5% rather than 1.5%). Hidden in the AmEx cashback Ts&Cs is a clause that allows them to give a lower rate of cashback for spending at warehouses (or some such wording). Maybe your Ts&Cs are different.
Thanks for pointing this out. For a Costco spend of £109.19, I got £0.68 cashback, which is 0.6227%, half of 1.25%.
The other transactions seem to be 1.25%, as it should be.
Sneaky.0 -
I've just noticed that Screwfix now take Amex via Paypal.0
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