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Amex Cashback
jondave
Posts: 10 Forumite
in Credit cards
Hi
Looking to open an Amex Everyday Cashback card, does anyone know if the higher cashback rate of 1% over £5k resets every year back to 0.5%?
eg. if I spend £8k on the card in one year I would get 0.5% on the £5k and 1% on £3k, in the second year does the rate go back to 0.5% until I spend £5k again in the new year. Or does it stay at 1% as I have spent +£5k in the previous 12 months?
Thanks
Looking to open an Amex Everyday Cashback card, does anyone know if the higher cashback rate of 1% over £5k resets every year back to 0.5%?
eg. if I spend £8k on the card in one year I would get 0.5% on the £5k and 1% on £3k, in the second year does the rate go back to 0.5% until I spend £5k again in the new year. Or does it stay at 1% as I have spent +£5k in the previous 12 months?
Thanks
0
Comments
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It resets each membership/card anniversary year0
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