American Express Cashback and Premium Cards
American Express offers amazing cards for rewards. The Platinum Cashback Credit Card from American Express is a rewarding cashback card. Users earn market-leading 5% for the first three months and between 0.75% and 1.25% after. It has no annual fee. The card offers protection on purchases over £100 and up to £30,000.
When it comes to premium cards with benefits, The Platinum Card from American Express offers value. With airport lounge access, hotel elite status, statement credits, it’s lucrative. Though the annual fee is high at $695, many benefits have value. These include Uber credits, airline fee credits, hotel upgrades, and more.
Cash Withdrawal with Amex Cards
Yes, your American Express Credit Card gives the flexibility to withdraw cash from any eligible ATM. A 3% (£3 minimum) cash advance fee will apply to all cash withdrawals. Any cash withdrawn will incur higher interest than your standard rate.
The American Express Cash Advance program allows withdrawing cash at participating ATMs up to the available card limit. With ‘Express Cash’, credit cardholders can withdraw cash from designated bank ATMs.
If you withdraw £50, you’ll incur a £3 fee. Withdraw £250 and you’ll incur a £7.50 fee. Interest on this balance will be 38% from the transaction date.
Consider yourself lucky that AMEX declined your cash withdrawal. Using non-cash cards to withdraw cash costs loads of money in fees and interest unless it is an emergency.
Cash Back and Cash Advance with American Express Cards
Can I get cash back with my Amex card? American Express cards offer cash back rewards. The Platinum Cashback Credit Card from Amex provides market-leading 5% cashback for the first three months and between 0.75% and 1.25% after. It has no annual fee. With the Platinum Card from Amex, airport lounge access, hotel elite status upgrades, statement credits provide value. Though the $695 annual fee is high, benefits like Uber credits, airline fee credits, hotel upgrades have value.