Is using Express that is american at foreign exchange a cash loan?

I am presently abroad in Thailand and unlike great britain many currency exchanges appear to accept US Express. With them is this classed as a charge, which I will gain points for or a cash advance (like using an ATM), which I’ll get no points for an incur fees I believe if I use my American Express card. We shall make use of my debit card if the latter.

Additionally, which are the prices for utilizing a United states Express card abroad, i am aware a percentage is taken by them associated with price, performs this have limitation?

Any assistance valued.


I checked test stipulations and Overview Box for a few random card (Platinum), and both are extremely clear in the 2nd point: 2.99% that is obviously limitless.

Re the point that is first it’s less clear:

We have been created naked, damp and hungry. Then things become worse.

. withdrawal, NOT withdraw e l .. bear beside me, never bare beside me . positively, NOT defin a tely . separate, NOT sep age price need to have, NOT need of . assured, NOT guar age nteed

It shal – most likely – be charged as an advance loan. 5% min ?5

Amex generally speaking have 2.99% currency exchange cost included in the trade price

The above mentioned might differ based on which specific selection 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. In the event that you head into a standard bureau de change it out may be addressed being a advance loan and attract a 3% cash loan cost.

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 way that is same gathering from the British airport does.

Thanks for the replies, quite definitely appreciated. We do believe i am simply likely to make use of debit card to have money. As far as I’d just like the points that are potential if there is the possibility it will likely be addressed being a advance loan I’d instead maybe not risk it due to the fact expense will outweigh the advantages. I am there is no better wording from Amex since this hits me as quite a situation that is common particularly for people who travel a whole lot.

And Lazyloki, final time we posted I happened to be 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 as it’s addressed differently. Additionally, it states at the end regarding the page in bold letters regarding the Amex website that any repayment for international money by having an Amex card will be addressed as being a advance loan? The main reason i did not purchase I saw they (obviously) accepted Amex from them when.

Yes, i understand so it claims it will likely be addressed as an advance loan but I am able to guarantee, 100%, it is maybe not.

Final time We stated:

You might continue reading the Amex site that the card must certanly be enrolled for ‘express money’ to help you for this. Also in the event that you call Amex and inquire they will certainly inform you that buying online will count being a cash loan. These are typically incorrect also it will not. I do believe this is certainly just the full instance in the event that you withdraw money from an ATM, perhaps not order money on the web.

I do not know if Amex have actually simply worded their policy defectively or if this is certainly 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 as being a purchase. You shall make points and won’t be charged interest. It shall additionally count towards any spending goals etc.

The only real caveat i am going to add 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.