How does AMEX cashback work

louedwards

Can anyone confirm for me, can you get up to £125 in total over 5 months or is it up to £125 EACH month for 5 months?  (If say you spend 3k each month.)

DullGreyGuy

The promotional 5% is across the first 5 months so if you spend £2,500 on day 1 you've basically earned all the promo cash back you'll get (as long as you go on to spend another £500 over the remaining 364 days). 

I believe that once you've hit the maximum promo rate then other spending in the promo period will accrue cash back at the standard rate

NoodleDoodleMan

Which Amex rewards card - there is more than one ?

We've had the basic one for a few years but I'd need to refresh my memory on the specifics - can't think any Amex card will pay £125 monthly x 5 though.

sausage_time

This is a very useful and insightful chart comparing cashback and rewards between various Amex cards.

https://forums.moneysavingexpert.com/discussion/comment/80946838/#Comment_80946838

This does not include the promotional introductory rate, but good for general comparison if you know your likely annual spend.