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Balance Transfer from AMEX - Will I lose my points?

Can anybody advise me on if I do a balance transfer from my AMEX to a new 0% Mastercard account I plan on opening will I lose my Avios which I have collected this month by moving the balance?

Thanks

Comments

  • Dobbibill
    Dobbibill Posts: 4,195 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    I don't believe you will lose your points after all a BT is just another way of paying off a credit card except you don't give them the money another provider does.

    Have you been told or sent any information to indicate this may happen?
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • Thanks. I haven’t had anything to suggest it would I just thought they might have something in place to prevent people from trying to create loopholes in the BT system.
  • Jlawson118
    Jlawson118 Posts: 1,144 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    I've done it once or twice in the past and never lost my points. As far as AMEX are concerned, the balance transfer is treated as if you had just paid your bill for the month :)
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