Is it worth having an American Express card in the UK?
But, in reality, the Gold Rewards Card from American Express UK (which is a credit card, not a charge card) is a much better value proposition for the first year. It has a generous welcome bonus, no annual fee in the first year and earns those same valuable Membership Rewards points.
Is American Express good in UK?
Did you know you can use your Card at these great places? American Express is now accepted at all major UK supermarkets.
Does American Express work in the UK?
There are now more than 35,000 U.K. retailers that accept payment by an American Express card.
What are the benefits of Amex UK?
American Express Rewards Credit Cards and Charge Cards offer you:
- A welcome bonus of rewards to get you started.
- The ability to earn rewards on all your spend.
- Purchase Protection.
- Online fraud guarantee.
- Selected Cards include Travel Inconvenience and/or Travel Accident benefits.
- 24/7 customer service.
Is American Express for rich?
No. American Express is not specifically for rich people, though applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards. In addition to high credit scores, applicants that have an annual income of $60,000 or higher are often more likely to get approved.
Why is Amex so popular?
“American Express cards remain popular among consumers because they offer great perks,” Outar says, like rewards and cardholder benefits.
Where is American Express not accepted?
American Express is not accepted everywhere because American Express charges merchants higher fees than Visa, Mastercard. This makes retailers like Costco, independently owned boutiques, and many family stores shy away from accepting your American Express card.
Are Amex cards hard to get?
It’s harder to get an American Express card than it is to get a credit card from many other major issuers simply because all of Amex’s credit card offers require good or excellent credit for approval. … And some of Amex’s premium cards for big-spenders, which can be relatively difficult to get, have high fees.
Does Aldi take Amex UK?
Yes. The German discount chain opened its first UK store in Birmingham in 1990 and now has over 700 across the country. You can use your American Express, Visa or Mastercard to pay for your groceries – at the beginning of 2018 Aldi opted to join the majority of UK supermarkets in accepting Amex.
Is American Express good?
American Express is one of the leading card issuers in the United States. It’s known for its top-notch customer service and some of the best rewards available. From ultra-elite business travel cards to everyday rewards, American Express has credit cards that are a good choice for many different types of cardholders.
Do I have to pay my Amex in full every month?
You don’t have to pay off all American Express cards every month. Most Amex credit cards allow you to carry a balance from month to month, requiring only a monthly minimum payment to keep your account in good standing.
What happens if you don’t pay American Express in full?
Interest charges accrue when you don’t pay the bill off in full. Pay Over Time charges an interest rate that is the same across the Green, Gold and Platinum products. As of August 2020, cardholders who use the feature will pay an APR between 15.99% to 22.99%, depending on creditworthiness.