Best Spending Card to back up Amex Cashback?

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Sarah
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Re: Best Spending Card to back up Amex Cashback?

Postby Sarah » Tue Sep 13, 2016 12:17 am

Hmm... no mention here yet of Amex cutting their platinum cashback rates. Didn't anyone else get the letter? :lol:

It seemingly applies only to the £25 fee card, or at least I've only received a letter for that card, so far, despite currently having two different platinum cashback cards. They're cutting the cashback rate from 1.25% to 1.00% on the first £10,000 of spending and removing the annual bonus (but leaving the £25 fee unchanged). I think that's what it says... they spend 4 pages explaining it, complete with worked examples plus a separate 6 page leaflet, so life's too short to bother reading every word of it!

planteria
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Re: Best Spending Card to back up Amex Cashback?

Postby planteria » Wed Sep 14, 2016 9:31 am

i have just one Amex, Sarah, that i've had for years. no fee. and on mine they have reduced the top rate from 1.5% to 1.25%.. in contrast to previous years i'm unlikely to reach £10k spending as it stands. still frustrating though.. i liked bagging 1.5%.

mike_p
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Re: Best Spending Card to back up Amex Cashback?

Postby mike_p » Wed Sep 14, 2016 4:26 pm

Ditto, though most of my spending goes on it. Chip, chip, chip... all these little cuts are costing me £hundreds :(

planteria
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Re: Best Spending Card to back up Amex Cashback?

Postby planteria » Wed Sep 14, 2016 7:07 pm

indeed. and the problem is that with a 1.25% topline the card is still ahead of the game. and is there any other provider matching 1%cb now?

Sarah
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Re: Best Spending Card to back up Amex Cashback?

Postby Sarah » Fri Sep 16, 2016 2:28 am

I wouldn't even feel confident of reaching the £3,000 minimum spending for my free card, without buying gift cards, so won't be doing any Amex spending now apart from reward offers. It's paying 5% cashback for 3 months too, but that will have to go unused. I could still earn 1% cashback using my Barclaycard Amex without a minimum spend or annual fee.

planteria
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Re: Best Spending Card to back up Amex Cashback?

Postby planteria » Fri Sep 16, 2016 7:13 pm

because unless you spend £3k you won't get the 5%cb paid?

Sarah
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Re: Best Spending Card to back up Amex Cashback?

Postby Sarah » Sun Sep 18, 2016 12:09 am

That's right, the cashback is forfeit if you spend less than £3,000 over the year.

Tesco's long running offer of 150 bonus points per £50 of branded gift cards ends 25/09/2016 by the way.

planteria
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Re: Best Spending Card to back up Amex Cashback?

Postby planteria » Sun Sep 18, 2016 11:26 am

ok, yes.i can do the £3k, but it is a concern.

Sarah
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Re: Best Spending Card to back up Amex Cashback?

Postby Sarah » Sun Oct 02, 2016 5:24 am

Sarah wrote:Tesco's long running offer of 150 bonus points per £50 of branded gift cards ends 25/09/2016 by the way.


They've actually replaced this with an equivalent (or perhaps better) offer of 75 bonus points for spending £25 on branded gift cards -- however only in the short term, ends 16/10/2016. Perhaps we'll see a variety of different gift card offers now, or maybe it's just a last hurrah!

planteria
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Re: Best Spending Card to back up Amex Cashback?

Postby planteria » Sun Oct 02, 2016 8:32 am

so has this been an easy way of getting extra points? ..just buy giftcards and then use them for your Tesco shopping?


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