I am currently abroad in Thailand and unlike great britain many currency exchanges appear to accept American Express. If i personally use my United states Express card using them is this classed being a fee, that I will gain points for or a cash loan (like utilizing an ATM), that we’ll get no points for the incur costs I think. We shall utilize my debit card in the event that latter.
Additionally, do you know the prices for employing a American Express card abroad, I’m sure a percentage is taken by them of this price, performs this have limitation?
Any assistance valued.
Replies
We examined test stipulations and Overview Box for a few random card (Platinum), and both are particularly clear in the 2nd point: 2.99% that is demonstrably limitless.
Re the very first point, it’s less clear:
We have been created nude, wet and hungry. Then things worsen.
. withdrawal, NOT withdraw e 
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It shal – most likely – be charged as a advance loan. 5% min ?5
Amex generally speaking have 2.99% currency exchange charge included in the change price
The aforementioned might differ in accordance with which specific number of Amex you’ve got
If you order currency from the Amex Exchange website it will be treated as a purchase as I mentioned last time you asked this question. It will be treated as a cash advance and attract a 3% cash advance fee if you walk into a normal bureau de change.
Then you might be able to order (and pay) online and collect from the office if you are in Bangkok or another city with an Amex Travel Service office (check online. This may count as being a purchase when you look at the in an identical way that gathering from the British airport does.
Thank you for the replies, really appreciated. We think I’m simply likely to work with a debit card to have money. As far as I’d just like the points that are potential if there is the possibility it will be addressed being a advance loan we’d instead maybe not risk it while the expense will outweigh the advantages. I am there isn’t any better wording from Amex as this hits me as a serious situation that is common particularly for people who travel a great deal.
And Lazyloki, final time we posted I became querying the fact no British foreign exchanges accept Amex and asking if there have been any that did. Now abroad and seeing many do we wondered should this be given that it’s addressed differently. Additionally, it states in the bottom regarding the web page in bold letters from the Amex website that any repayment for international money having an Amex card will be addressed being a advance loan? The main reason I didn’t purchase I saw they (obviously) accepted Amex from them when.
Yes, i understand so it claims it is addressed as an advance loan but I’m able to guarantee, 100%, that it’s maybe not.
Final time We stated:
You may keep reading the Amex internet site that the card needs to be enrolled for ‘express money’ in order to do that. Additionally that ordering online will count as a cash advance if you call Amex and ask they will tell you. They have been wrong plus it will not. I do believe that is just the full instance in the event that you withdraw money from an ATM, maybe not order money on the web.
I’m not sure if Amex have actually simply worded their policy defectively or if this might be some type of error but, in the interests of quality; if you order travel cash from the Amex website and pay by having an Amex card it its addressed being a purchase. You shall make points and won’t be charged interest. It will additionally count towards any spending objectives etc.
Truly the only caveat i am going to include is if it would work the same for an Amex credit card that I have only done this with a charge card, I don’t know.
