Amex Charge Card

PaulW922

Amex charge cards are very useful for some people and less so for others. It is not true that you get 'nothing' for the annual fee, but that simply that you may not benefit. I travel a lot (pre-Covid) and spend much of my time outside the UK. I have an Amex platinum charge card which costs £575 a year. It is good value for me at the moment but I would not necessarily recommend it to someone else and I may not keep it when I finally return to the Uk for good.

And yes there is a rewards scheme and it is pretty good 

D3xt3r5L4b

PaulW922 said:

Amex charge cards are very useful for some people and less so for others. It is not true that you get 'nothing' for the annual fee, but that simply that you may not benefit. I travel a lot (pre-Covid) and spend much of my time outside the UK. I have an Amex platinum charge card which costs £575 a year. It is good value for me at the moment but I would not necessarily recommend it to someone else and I may not keep it when I finally return to the Uk for good.

And yes there is a rewards scheme and it is pretty good 

The Green Amex Card isn’t worth the fee.
The others.. maybe if you can utilise the benefits. 

Sandtree

bonkersbonkers1 said:

Which Charge card would let me do that?

I used my accrued reward points from my Charge Card to buy two first class flights for a little under £100 which would have otherwise have cost me £16,000... how close are you to getting £15,900 in interest from you putting credit card spending into a savings account?

Different cards and benefits work for different people

PS. to pre-empt the challenges... the flights were from asia to the UK hence the tiny taxes and no fuel surcharge

adamp87

D3xt3r5L4b said:

PaulW922 said:

Amex charge cards are very useful for some people and less so for others. It is not true that you get 'nothing' for the annual fee, but that simply that you may not benefit. I travel a lot (pre-Covid) and spend much of my time outside the UK. I have an Amex platinum charge card which costs £575 a year. It is good value for me at the moment but I would not necessarily recommend it to someone else and I may not keep it when I finally return to the Uk for good.

And yes there is a rewards scheme and it is pretty good 

The Green Amex Card isn’t worth the fee.
The others.. maybe if you can utilise the benefits. 

Wouldn’t that depend if you could make enough from the membership points? If a charge card is the way you want to go it seems a better option than the free one

Malkytheheed

What is the advantage of the green card over this one? https://www.americanexpress.com/uk/charge-cards/basic-card/

D3xt3r5L4b

adamp87 said:

D3xt3r5L4b said:

PaulW922 said:

Amex charge cards are very useful for some people and less so for others. It is not true that you get 'nothing' for the annual fee, but that simply that you may not benefit. I travel a lot (pre-Covid) and spend much of my time outside the UK. I have an Amex platinum charge card which costs £575 a year. It is good value for me at the moment but I would not necessarily recommend it to someone else and I may not keep it when I finally return to the Uk for good.

And yes there is a rewards scheme and it is pretty good 

The Green Amex Card isn’t worth the fee.
The others.. maybe if you can utilise the benefits. 

Wouldn’t that depend if you could make enough from the membership points? If a charge card is the way you want to go it seems a better option than the free one

If you want to earn points then take out the Gold Credit Card which is free for the first year (then cancel) and then take the Rewards Credit Card which is free forever and still earns the 1 point per £1 spent.

D3xt3r5L4b

Malkytheheed said:

What is the advantage of the green card over this one? https://www.americanexpress.com/uk/charge-cards/basic-card/

Paying £60 per annum purely to earn reward points that can be done for free with the cards given above ^

Malkytheheed

Do the charge cards truly have "no limit"? If I go and try and swipe £400k for a house on it what happens? Or even £60k on a car? 

Emily_Joy

Do the charge cards truly have "no limit"? If I go and try and swipe £400k for a house on it what happens? Or even £60k on a car? 

Amex Gold has a limit like any CC.

Malkytheheed

Emily_Joy said:

Do the charge cards truly have "no limit"? If I go and try and swipe £400k for a house on it what happens? Or even £60k on a car? 

Amex Gold has a limit like any CC.

Thats why I said charge cards. 
Amex gold is a credit card.