Amex 5% cashback offer

glider3560

Can someone confirm I am understanding the Amex 5% cashback offer properly on the Platinum Everyday Card.


If I spend, say £4500 on a train season ticket immediately after getting the card, I would receive only £100 cashback for the first three months and no further spending in that period would earn cashback (even at the standard lower rate).


Is that correct?

Sad_Dad

I've just checked my statement.

You will get 5% on the first £2000 and 1% on anything above that.

Therefore, £125 on a £4500 spend.

colin79666

I think you would earn £100 (5% on £2000) and £12.50 on the remaining £2500 (0.5%). You certainly would if the £2500 was a separate purchase.

Once you have spend £5000 you earn 1% on anything above. You could always give them a call to confirm.

Chino

I think the OP's interpretation of the conditions is correct - the 5% cashback with a £100 limit applies for the first three months, thereafter the 0.5 / 1% cashback applies.

From https://www.americanexpress.com/uk/credit-cards/platinum-cashback-everyday-credit-card/:
"Earn cashback on purchases
After the first three months of Cardmembership you'll earn up to 1% cashback, depending on how much you spend on the Card:"

Sad_Dad

Colin is correct.

I'd forgotten about the 0.5% up to £5000.

Even if you only make that one purchase you will still get the £112.50.

glider3560

Thanks for the replies. I will never find out the answer.


The card arrived and it only had a £1000 credit limit, which is completely useless for my needs, so I cancelled it.