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News Tag: American Express

December 3, 2009

Amex launches new cashback credit card

by David Masters
Amex launches new cashback credit card
American Express (Amex) has launched a new credit card that rewards spending with shopping vouchers. The Amex Express Rewards Credit Card generates points for the card holder whenever they use the card to pay for goods or services. Accumulated points can be used to pay for items at a wide range of high-street and internet shops, including HMV, Amazon, Comet, and Homebase. Consumers using ...




September 1, 2009

American Express to charge £20 “dormancy fee”

by David Masters
”American
American Express has announced plans to start charging customers who no longer use their Amex card. The £20 per year "dormancy fee" will be charged to all Platinum Cashback credit card holders. According to Amex's website, the fee is charged to customers "if the aggregate amount of all transactions [on their account], other than cash advances & balance transfers, that have taken ...




July 16, 2009

American Express suspends UK pension payments

by Kay Mitchell
”American
American Express, the credit card giant, has announced that with effect from 1 July, it has suspended pension contributions for its UK employees. The move, which affects 6,000 members, will see payments stopped for a maximum of 18 months. Many firms have adopted similar measures as the global recession has forced companies to slash costs. However, American Express is the largest company ...




February 12, 2009

Travel insurance sacrificed to cut holiday costs

by David Masters
Travel insurance sacrificed to cut holiday costs
Nearly one in four Brits are skimping on travel insurance to keep down the cost of their holiday, research from American Express has discovered. Many people in the UK are looking to escape the gloom of the recession with cheap last minute holiday deals, but an increasing number are putting themselves at risk by choosing to travel without insurance. Travel insurance is ...