Reply To: Amex withdrawing FX Premium Rewards Programme

[Guy Incognito]

Rob Burgess wrote:

I never knew how popular this programme was with readers until today. Plenty of emails arrived from people earning six figure sums each year.

If it was 6 figures I wouldn’t mind. However we manufacture overseas (and pay in USD) so we’re talking multiples of that. AmEx got a fee (minimum 1%) on top of their FX margin so I’m not sure why they have done this, unless they’re going to increase the fee and then reintroduce it.

Easiest way I’ve ever had to generate a significant amount of points, while also mitigating corporation tax.