American Express Platinum Cashback Credit Card
Up to 5% MoneyBack for the first three months, than up to 1.5% thereafter, and free Purchase Protection means that almost everything you buy on the Card is insured against accidental damage and theft for up to 90 days from purchase. You require a regular source of household income of over £20,000 to apply for this card. Typical 18.9% APR (variable).
 |  Compare American Express Platinum Cashback Credit Card details directly with other credit cards or compare credit cards using our credit card comparison tables. | ||
| Company: | American Express www.americanexpress.co.uk  | ||
| Product: | Platinum Cashback Credit Card | ||
| Apply via this site: |  | ||
| Card Details | |||
 Card Issuer: | The card is issued by American Express. | ||
| Application Criteria | |||
| Min Age (yrs): | Minimum age for applicants is 18 years. | ||
| Min Income (£pa): | A minimum income of £20000 is required on this product. | ||
| Introductory Rates | |||
| Intro Bal Tran Rate AER: | No introductory rate for balance transfers available. | ||
| Max Bal Transfer Fee (£): | There is no balance transfer fee payable. | ||
| Intro Purchase Rate AER: | No introductory rate for purchases available. | ||
| Intro Enhanced Cash-Back: | 5% introductory cashback on the first £3,000 of the spend. | ||
| Rates | |||
| APR - Purchases: | The typical APR is 18.9% p.a. | ||
| Balance Transfer AER: | The annual rate for balance transfers is 19.0%. | ||
| Balance Transfer Fee (%): | There is no balance transfer fee payable. | ||
| Cash Advance AER: | The annual interest rate for cash advances is 28.0%. | ||
| Benefits | |||
| Cash-Back Reward: | 5% will be payable on all transactions made in the first 3 months (maximum £4,000 spend in total) and applied at the same time as any annual rebate. An annual rebate on the aggregate amount of all transactions will be payable according to the following rates: 0.5% for aggregate amounts up to £3,500 1% for aggregate amounts from £3,501 to £10,000 1.5% for aggregate amounts in excess of £10,001. For example if you spend £1,000 each month for one year: You would earn 5% introductory cashback on the first £3,000 of your spend. You would then earn 0.5% cashback on the next £500 spend. You would then earn 1% cashback on the next £6,500 spend. You would earn 1.5% cashback on your final £2,000 of spend in the year. | ||
| Standard Cash-Back Reward: | 5% will be payable on all transactions made in the first 3 months (maximum £4,000 spend in total) and applied at the same time as any annual rebate. An annual rebate on the aggregate amount of all transactions will be payable according to the following rates: 0.5% for aggregate amounts up to £3,500 1% for aggregate amounts from £3,501 to £10,000 1.5% for aggregate amounts in excess of £10,001. For example if you spend £1,000 each month for one year: You would earn 5% introductory cashback on the first £3,000 of your spend. You would then earn 0.5% cashback on the next £500 spend. You would then earn 1% cashback on the next £6,500 spend. You would earn 1.5% cashback on your final £2,000 of spend in the year. | ||
| Air Miles: | There is no travel reward programme available. | ||
| Other Incentives: | Refund Protection Should any UK retailer, online or offline, refuse to refund the cardholder for any covered goods within 90 days of purchase, AMEX promise to refund them. Policy covers undamaged goods only and begins where any insurance or merchant returns policy leaves off. Up to £300 per item and £750 per card account. Certain goods excluded and policy subject to conditions of cover. | ||
| Shopping Reward Prog: | No shopping reward program available. | ||
| Fees & Charges | |||
| Annual Fee (£): | No annual fee is currently charged for the running of the Account. However, if in the 12 months preceding each Card Anniversary Date the total value of Transactions (excluding interest charges and balance transfers) on your account is less than £500, American Express will charge you an account servicing charge of £15. This charge does not count as a Transaction when calculating whether the account servicing charge is payable. | ||
| International Charges %: | All transactions including cash withdrawals, using the card abroad, will be converted into Sterling at the standard exchange rate set by AMEX on the date when the transaction is processed by them or their authorised agent. The rate may be different from the rate used on the date the cardholder makes the transaction. However, if a Service Establishment itself converts an amount into Sterling, the amount will be billed to the account at the rate that the Service Establishment uses. The charge for international transactions is 2.73%. | ||
| Interest Charged from: | Interest is charged from the date the transaction is processed. | ||
| Interest Free Period: | Up to 56 days interest free period. | ||
| Min Payment £: | The minimum monthly payment will be 2.5% of the total amount owing or £5, whichever is more plus, the entire amount of any cash withdrawal shown on the statement. | ||
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| Products: | www.americanexpress.com Credit Cards | ||
