Amex

manx_chester

Can you use your Amex.....5% cashback......to pay off existing credit bills and get cash back?

M_Thomson

manx_chester wrote: »

Can you use your Amex.....5% cashback......to pay off existing credit bills and get cash back?

No you can't.

skyrider007

Unfortunately, according to the card's T&C's, you cannot.

2. No rebate is payable in any month in which the minimum payment is not received by the due date. No rebate is payable on cash withdrawals, interest, fees, balance transfers, amounts subsequently re-credited to your account due to refunds, or expenditure in any one month exceeding the amount of your Credit Limit. No rebate is payable if you end the agreement before the relevant Card Anniversary date. A rebate of 5% will be payable to you by us on all transactions made in the first 3 months up to £4000 and applied at the same time as any annual rebate. An annual rebate on the aggregate amount of all transactions (other than the exclusions stated above and any introductory offer) will be payable to you by us and calculated at the following rates, 0.5% for aggregate amounts up to £3,500; and 1% for aggregate amounts from £3,501 to £10,000; and 1.5% for aggregate amounts in excess of £10,001.

I suggest you look for cards with 0% balance transfer. Here: http://www.moneysavingexpert.com/cards/balance-transfer-credit-cards#cheapest