Platinum Amex

Bartown22

As my Amazon new day card is coming to an end, I've been looking for a new cashback card, I have the Amex silver, and now adding Amazon purchases back on I'll be spending around £1200 - £1500 a month, is it worth me moving to the platinum and paying the£ 25 a year I can't understand the maths 😂

Clive_Woody

Bartown22 said:

As my Amazon new day card is coming to an end, I've been looking for a new cashback card, I have the Amex silver, and now adding Amazon purchases back on I'll be spending around £1200 - £1500 a month, is it worth me moving to the platinum and paying the£ 25 a year I can't understand the maths 😂

With that level of monthly spend I think it's worth paying the £25 annual fee to qualify for the higher rate of cashback...that's what I do. My monthly bills is between £1200 - £2000 and it makes sense for me. I get a couple of hundred cash back per year

https://thepointsguy.co.uk/reviews/platinum-cashback-amex-review/

Bartown22

I've just looked at my Amex I already have the platinum with no fee 🤔, I get 0.5 up to 10k then 1% over, I didn't realise! It just seemed alot less than I used to get, I have a Barclaycard for the places that don't accept Amex and I get 0.5%, are there any other cards worth looking at, I made a fair bit with my Amazon card, be sad to see it go.

Maple08

Platinum Cashback is great and I got a decent chunk this past year. If you spend more than £10K a year, getting the £25 annual fee version is better because you breakeven at £10K, and anything more is a bonus.

With the Membership Rewards points, you can convert them to Avios and then to Nectar, which will give 0.8% cashback in Nectar vouchers. The transfer time from Avios to Nectar takes 10 days, so is a bummer. I'm using the Gold card now for this reason, as I can spend Nectar or spend the points for flights to get more value.