I just milk amex for free money as cashback and nothing else.
Guessing they are feeling the pinch, i’m a amex shareholder but I still think the cash back reductions where a slap in the face to their customers.
I don’t care about the intrest rate as I pay in full.
I feel like I’ve had the opposite experience. I had a letter saying they were increasing my credit limit - it was already very healthy even before the increase.
The BA news is frustrating though, I’m paying for the Premium card and I’m now wondering whether the extra £50 is worth it anymore, especially as we can’t actually travel right now, but I’ve still got a long while to come to a decision.
Shop Small going up to £15 is a little frustrating, I never really used it much, but I did always use it as an opportunity to stock up on Beconase from the local pharmacies.
The offers are still alright though. Just in the past month I’ve had £5 off at B&Q and £20 off a £150 spend at Avis so a reasonable saving.
My local pub is on shop small so I get a free £5 off my tab at the end of the night that I would have not gotten anyway.
It’s basicly a pint and a half paid for by Amex.
So I just got my interest rate letter…
“Following a recent review of your account and your overall risk profile, we are reducing your personal interest rate”
Not a vast amount; about 4% annually but that wasn’t expected 
Out of curiousity, what was it before and after?
Do you mean increased? I’ll be even more annoyed if I get an increase and I get an increase -.-
I think the low rate card was 9% before and I’ve been put up to 13% now.
I don’t have the letter on me but it was something like 23% down to 19% or so.
It was definitely reduced. I had to dig out an old statement to check.
That’s crazy. Mine rose and yet is paid in full each month at £13.99pm
As I’ve said elsewhere before, I’m not concerned by the rate whatsoever, as I always pay in full, but am curious as to the algorithm used to calculate “risk”.
I pay in full each month too. But I do use it as my daily use card so I’m probably paying off £700-800 a month.
Risk is a funny one. I can get a loan, credit card, and apparently a preliminary mortgage offer with NatWest, Amex are always telling me I could get a credit limit increase and have reduced my interest rates (where most people are increasing them)…
… but Monzo won’t give me an account
Like you, my interest rate matters little as I never pay any, but it’s an interest-ing (get it) window into how a company works.
Not sure if anyone is a tennis fan in here but the AMEX return tickets for Wimbledon are easy to get, I have been doing dry runs as hoping to go on Saturday and tickets come out on Friday and I have got 2 x pairs of tickets 9 separate times in the last 2 days.
Would have gone if I could but it’s max 2 tickets and didn’t want to risk it!
Three times! All times they reset it, then I wait, apply and get rejected and I tried a final time 2 days ago and got “Sorry we can’t offer you an account” after the submission of passport and selfie etc etc.
I don’t know what I did, but I’m just not eligible apparently 
It might be that the people I contact don’t really know what has happened, but I can’t escalate it really to someone who knows what I mean, or they have some internal thing that prevents it. I mean, my credit report isn’t any different to when I applied back in 2016 (if anything it’s better) and no markers etc etc.
Do you happen to have a full name that matches a fraudster? That happened to a relative and was a nightmare… Just guessing. Banks would never disclose reasons for rejection, but he worked it out eventually
Oh no idea. JonathOn isn’t very common though so I doubt it. Never had any issues with anything finance/application related.
True. It can also be identity theft (not wanting to scare you!), which can trickle down to some account providers, but not others (AML systems are so fragmented…). Just a thought.
Hmm I guess it would show on a credit report by now if it were?
Have you checked all three providers, including soft searches?
Oh yeah I check them frequently. Nothing there.
Two new offers that have appeared in my app that may be of interest to others (for them to look for in their own offers)
been with AMEX for just over three months and they’ve just upped my credit limit from £7500 to £11000. never been with a lender like them lol
can’t even get an increase on my Starling overdraft 
Have you tried contacting the reviews department as I had an account before got them to reset and was rejected and emailed the reviews department and my account was open in a few hours
Weirdly dont have the bp one 
