Amex and payments

Nimbleberryfinn

I was looking to take out an Amex Gold card and one of the offers is spend £6k in first 6m to get x-amount of Reward points.

My question is, if I did a balance transfer of say £1k to pay off some debt from a NatWest credit card using the Amex, would this be classed as a payment and count towards that £6k target? Of course I would clear the money off the Amex separately, but just wanted to see if this could be a workaround to reaching that limit without having to spend £6k on physical purchases.

Marchitiello

Nimbleberryfinn said:

I was looking to take out an Amex Gold card and one of the offers is spend £6k in first 6m to get x-amount of Reward points.

My question is, if I did a balance transfer of say £1k to pay off some debt from a NatWest credit card using the Amex, would this be classed as a payment and count towards that £6k target? Of course I would clear the money off the Amex separately, but just wanted to see if this could be a workaround to reaching that limit without having to spend £6k on physical purchases.

Aside that Amex UK do not openly offer balance transfers and thus not really have offers to do so, but a balance transfer can be requested and is subject to eligibility, however, No, balance transfers are not counted towards the spend target nor accrue Membership Rewards points.

i am currently getting some large offers to refer a friend , where both I and the friends would get larger than normal bonuses. I also believe that with my referral, the larger bonus on the Reward Gold card would only require £5k spend (£6k for the platinum).

MyRealNameToo

Nimbleberryfinn said:

I was looking to take out an Amex Gold card and one of the offers is spend £6k in first 6m to get x-amount of Reward points.

My question is, if I did a balance transfer of say £1k to pay off some debt from a NatWest credit card using the Amex, would this be classed as a payment and count towards that £6k target? Of course I would clear the money off the Amex separately, but just wanted to see if this could be a workaround to reaching that limit without having to spend £6k on physical purchases.

Current target is £5k spend not £6k however if someone refers you then you get slightly more points for the same spend and they get a lot more points 

In the US AmEx is starting to offer BTs but not in the UK, BTs arent considered "spend"/purchases by cards so dont count for MR, cash back etc anyway