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Get up to £50 American Express cashback with PayPal

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American Express has launched a cashback deal with PayPal. It is effectively free money if you are targeted for the offer.

There seem to be two versions, one for personal cards and one for business cards.

On my Marriott Bonvoy American Express, I am offered £15 cashback on a £70 PayPal payment.

On my Business Platinum card I am offered £50 cashback on a £250 PayPal payment.

Both offers expire on 4th March. Registrations are limited so register now via your online Amex statement or the app if you are targetted.

It seems that the cashback will trigger irrespective of whether you are sending money to a friend or making a purchase from a retailer. The wording implies that you must hit the spend target in a single transaction.

It isn’t necessary to have a PayPal account to buy something using the PayPal option online. This is a common misconception. You can simply click ‘pay with PayPal’ and enter your card details directly.

Remember that goods purchased via PayPal do not qualify for Section 75 cover if the retailer goes bust or the product is not as you expect.

This doesn’t make any difference compared to paying directly with American Express business cards or charge cards as Section 75 does not cover those anyway. You are giving up coverage if you use PayPal rather than an American Express credit card. PayPal does have its own redress scheme but it is voluntary.

Remember to register now, if targeted, on the American Express website and complete your transaction by 4th March.


Want to earn more points from credit cards? – April 2024 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

British Airways American Express Premium Plus

25,000 Avios and the famous annual 2-4-1 voucher Read our full review

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review

The Platinum Card from American Express

40,000 bonus points and a huge range of valuable benefits – for a fee Read our full review

Virgin Atlantic Reward+ Mastercard

15,000 bonus points and 1.5 points for every £1 you spend Read our full review

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers:

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

American Express Business Platinum

40,000 points sign-up bonus and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

20,000 points sign-up bonus and FREE for a year Read our full review

Capital on Tap Business Rewards Visa

Huge 30,000 points bonus until 12th May 2024 Read our full review

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.

Barclaycard Select Cashback Business Credit Card

1% cashback uncapped* on all your business spending (T&C apply) Read our full review

Comments (89)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Magic Mike says:

    Possibly only on cards that have never used PayPal? Not on my Plat or Bonvoy cards but is on my Platinum Credit Card which I never spend on…

    • Bagoly says:

      We have both on both BAPPs – one that has been linked to Paypal and used regularly on eBay; one (the free one ) that has hardly been used.

      I am beginning to wonder whether Amex do this on some deliberately complicated logic, with a bit of randomness thrown in, just to keep forums busy! 🙂

      • Bagoly says:

        Sorry – the first “both” should be “the £15 off £70”

  • Nathan says:

    £15 or £50 is way less that what Amex is offering in the US which is $30 PER MONTH for 6 months. That’s $180 or £132!!!

    Well at least it’s better than AMEX SINGAPORE which is offering zilch for a £950 annual fee!!!

    • Eric says:

      Amex Singapore has dangled lots of extra perks. Supermarket vouchers, nights etc.

      • Nathan says:

        The S$500 credit for “everyday essentials” back in May is similar to the two £100 credit offered in the UK. Other parts of the world had similar statement credits and they are roughly half of the plat annual fee.

        The one complimentary night has always been there but with no international travel, there’s less value to it.

        Furthermore, at the moment I am looking at a grand total of 3 offers on my app, none of which are useful. They’ve introduce the ability earn MR with Grabpay, there’s a 21% discount on petrol but I don’t drive and finally a $10 off $100 spend at Bacha Coffee whoch has TWO shops in SG (one at Ion Orchard and another at T1 Departure Lounge!) So I am struggling to understand what “extra perks” are you referring to?

  • kevbar says:

    Not on my ARC which was not linked to pp, so cancelled card.
    Not on my Business Gold which was already linked to pp. Spoke to commercial team about cancelling, no interest in retention…2 years in the wilderness for me!

  • BJ says:

    After reading all that, I’ll be different just for tge eake of it and not bother revealing whether the offer is on my one amex card or not 🙂

  • BriaNN says:

    Hi re Paypal does sending money to friends using a credit card count as a purchase or cash advance? Thanks

    • Rob says:

      Purchase.

      But PayPal will shut you down, freeze your payment and report you for suspected money laundering if you do more than a token amount, so don’t get carried away. £70 will be fine though.

  • Harry T says:

    Has anyone managed to send money to their spouse/SO/friend/mistress via PayPal and trigger this offer?

    • sloth says:

      well I sent my mum some money and she was happy and so was i…

    • BJ says:

      I’ll give you my details if you want to try £700 🙂

    • RussellH says:

      How do I actually do that?
      I have offered to send my partner (different surnames, different addresses) £70 by paying into her PayPal a/c.
      But she has only ever used her PayPal a/c for paying others – she has no idea how to send me a bill that I would pay her for using Paypal?

      Help please!

      • Andrew says:

        Just by the email address they use to login to PayPal. You go to send money, enter that address, send it, it arrives and they can either spend from PayPal balance or transfer to bank account.

        • RussellH says:

          Many thanks Andrew, but you will need to explain further.
          Sorry for being thick, but “go to send money” where?

          My only good experience of Paypal is paying a local market trader with Amex or a cartoonist in Brighton via his website.
          First time was a Chinese scammer a few years years ago – Amex refunded the money almost instantly in that case.

          • The real John says:

            On the top bar do you not have a “Send and request” link? Or on the right hand side there is a circular button labelled “Send”. In the app it is on the bottom bar.

  • Phil says:

    I’m not sure it is a sense of entitlement for all (though I agree for some that might be true). For some people, all new offers have stopped appearing, irrespective of prior propensity to spend with the merchant. In addition, some of the more generous offers (Marriott £400, Harrods, this PayPal series of offers) are part of Amex’s attempt to offset the current imbalance between Card Fee and Benefits.

    Amex has denied there is a technical issue but for this to happen to so many customers, around the same time, suggests something has happened.

    And, if you are paying £575 for a product whose benefits you can not realise, you are bound to feel frustrated when you are missing these offers as they may have helped justify the cost of the product and contributed to a feeling that your custom was valued.

    • Doug M says:

      “So many customers” but is it so many. Many comment here, but perhaps those posting here represent the block of customers Amex don’t much care about, too interested in leveraging everything out of the card. Maybe those who didn’t get the Marriott £400 are people Amex don’t care about losing. Ultimately if you think Amex doesn’t work for you then dump it, if the £575 for the Plat is not value for you dump it.
      Amex state the offers are targetted, so if you don’t get it you were not targetted. No matter why you were not targetted, whether through clever use of data, or systems failure or error, you still were not targetted. If that annoys you, and you feel there’s no value in the card then cancel. Rest assured Amex value the custom of the people they make money out of, not their customer base as a whole.

      • Sloth says:

        Some people are treating Amex as a long lost grandmother who is not doling out the £10’s out anymore when you go to visit as a child. Amex is a bank who provide a service and look to make a decent profit. If you can’t justify the fee then cancel the card. That’s what I did and use an Amex gold, and free ba card atm. Personally I feel a lot of people feel the need to be able to say they have an Amex Plat but know deep down, that at the moment, it’s a waste of money

  • VinZ says:

    I have it on my Vitality Amex…

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