Amex Advice

24 Posts

in Credit Cards
Hi all,
Just following on from the advice on this here website, I've gone and got me an AmEx gold reward card. Mainly, because of the £100 amazon voucher (which is incredibly useful).
To get this deal, one has to spend £2000 within the first 3 months.
Well, I intend to buy a costly TV from a well known store and also an engagement ring from a well known jewellers (providing my credit limit is sufficient enough).
The bait is no doubt the "free £100 amazon voucher" because with a 7 year old bookworm, this can be used quite quickly.
The question is, if anyone has any experience, would I be better off utilising this offer, then offsetting the account balance to a decent balance transfer card to pay it off in good time and thus negating the ridiculous interest fees? And would I still get the points reward if I did that? I've found nothing in their T's n C's to suggest otherwise, so this could potentially be a winner. A "free" £100 amazon voucher.
Any thoughts?
Just following on from the advice on this here website, I've gone and got me an AmEx gold reward card. Mainly, because of the £100 amazon voucher (which is incredibly useful).
To get this deal, one has to spend £2000 within the first 3 months.
Well, I intend to buy a costly TV from a well known store and also an engagement ring from a well known jewellers (providing my credit limit is sufficient enough).
The bait is no doubt the "free £100 amazon voucher" because with a 7 year old bookworm, this can be used quite quickly.
The question is, if anyone has any experience, would I be better off utilising this offer, then offsetting the account balance to a decent balance transfer card to pay it off in good time and thus negating the ridiculous interest fees? And would I still get the points reward if I did that? I've found nothing in their T's n C's to suggest otherwise, so this could potentially be a winner. A "free" £100 amazon voucher.
Any thoughts?
IT'S BETTER TO BURN OUT, THAN TO FADE AWAY!
0
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Replies
So spending said amount, and then closing the account after a B/T and receiving the promo offer wouldn't be too cheeky? I like it if so lol
Although consider whether you should keep it, depending on your circumstances.