Amex spending & the platinum everyday card

JustAnotherSaver

Just recently i've looked at the possibility of solely using a credit card for spending - one that provides cashback. I notice this Amex one offers a decent rate for the first 3 months and then an owt-is-better-than-nowt rate thereafter.


Just a couple of things though -



I see it says that the card can't be used everywhere. I don't want to apply and find out everywhere means most places i'll end up spending (therefore a waste of time).

So where would typically accept / not accept it?


Also, at what point do you get your cashback?
I see it says 5% for the first 3 months BUT you need to spend £3k in a year to earn "any" cashback - so is cashback paid annually in that case?

dave1345

There is a topic here about who does and doesn't accept Amex. Most large retailers do, although there are some notable exceptions such as B&Q. So it will depend where you shop/live.


There is also https://www.whoacceptsamex.co.uk/



The cashback is paid annually.

moneywow1

I've noticed that a lot of websites accept it, and for those that don't, you can use it via PayPal

Then all of the big supermarkets, petrol stations, etc. McDonalds also do but Subway don't, and some KFCs/BKs don't either

Ngozi

I use Amex a lot for miles and other rewards.
Most places accept them apart from local and family run businesses due to the extra cost, contactless doesn't always work, sometime have to chip & pin.

If you've got a big expenditure the intro offer of 5% might be worth it but in the long run look at where you do your spending to maximise any return.
Look at Topcashback for Amex sign up deals.

JES_F1

I got the Platinum Everyday Cashback card back in the summer and have used it for most of my normal monthly spending - and got the maximum £100 from the promotional 5% cashback without any problems.



The only place I've found so far that doesn't take Amex is my work's cafe.

ozaz

JustAnotherSaver wrote: »

So where would typically accept / not accept it?

Typically accepted at large retailers/chains that operate nationwide.
Often not accepted at local, independent retailers or outlets. For example, don't expect cornershops, local takeaways, or your local mechanic to accept Amex.

blue.peter

JustAnotherSaver wrote: »

I see it says that the card can't be used everywhere. I don't want to apply and find out everywhere means most places i'll end up spending (therefore a waste of time).

So where would typically accept / not accept it?

I've been using an Amex Platinum Cashback Everyday Credit Card for a couple of years now. It's my main credit card, simply because of the cashback.

Yes, there are places that don't accept it. These are typically smaller businesses, though there are one or two larger firms that don't accept it. The bigger firms I've found that don't are B&Q, my local VW dealer, my dentist (BUPA) and the local bus company (I use a contactless card to pay the fare on the rare occasions that I use a bus). For these, I need a backup card - either a MasterCard or Visa.

I estimate that less than 10% of my spending is at retailers that don't accept AmEx.

Online spending can often be routed to AmEx via PayPal.

Another point that might be relevant is the AmEx credit limit. Mine was initially set quite low (£4,000), but was increased to £6,000 within four months, and then again a year later to £14,000.

JustAnotherSaver

Thanks for the replies guys.


I'd say most of our spending is at your standard big name supermarkets, so should be good there.There'll be the occasional big spend elsewhere. At the moment i'm looking for a set of trainers which will cost me £100 +/- so somewhere like JD Sports, though i'm kind of desperate for a pair so i'd need to get these before i got a card. Wilkos gets spent in a bit. Your usual big name coffee shops as well as the local independent ones (so i guess perhaps the latter wouldn't accept). eBay gets used frequently as does Amazon so i guess we could link via PayPal as has been mentioned.



I think perhaps it's worth a punt so i'll open one up and see how we get on. Thanks.

ozaz

JustAnotherSaver wrote: »

eBay gets used frequently as does Amazon so i guess we could link via PayPal as has been mentioned.

You're probably aware, but for the benefit of the thread might be worth mentioning that you don't get section 75 protection if you use PayPal as an intermediary between your credit card and the merchant.

JustAnotherSaver wrote: »

I think perhaps it's worth a punt so i'll open one up and see how we get on. Thanks.

Yep. No substitute for personal experience.

JustAnotherSaver

ozaz wrote: »

You're probably aware, but for the benefit of the thread might be worth mentioning that you don't get section 75 protection if you use PayPal as an intermediary between your credit card and the merchant.

Nope, i wasn't aware of that. I thought so long as you used a credit card you were good for it.


Handy to know. Thanks.

[Deleted User]

ozaz wrote: »

You're probably aware, but for the benefit of the thread might be worth mentioning that you don't get section 75 protection if you use PayPal as an intermediary between your credit card and the merchant.



Yep. No substitute for personal experience.

Unless your paying under £100 in which case it doesn’t matter