For the last few years I’ve enjoyed having a Costco co-branded Amex (UK) however as I’ve been expecting, the card is ending on 29th January 2020 and I will be automatically switched to an Amex Platinum Cashback Everyday Credit Card.
For those unaware of the benefits on the Costco Amex:
3% Cashback on Eating Out (unlimited each year)
2% Cashback on Travel (unlimited each year)
1% Cashback on everything else (capped at £300 per year)
I’m being switched to the Amex Platinum Cashback Everyday Credit Card which gives you:
0.5% Cashback on annual spend up to £5000
1% Cashback on annual spend over £5000
(No cashback paid unless at least £3000 is spent each year)
I tend to make about £75-100 a year cashback at the moment. My annual spend on the card has been between 5k and 10k a year - I don’t use it for all spending but I do for fuel and big purchases (holidays, insurance etc.). I’m struggling to see the point of keeping the Amex Platinum Cashback Everyday Card over the Tandem card (0.5% cashback) I also use abroad and when Amex isn’t accepted.
As I’m not eligible for any sign-up bonuses, is there any other Amex card people would recommend I ask to switch to instead?