Forums › Payment cards › American Express › Sending my partner my share of the rent over PayPal with Amex › Reply To: Sending my partner my share of the rent over PayPal with Amex
Do T&C’s get broken when these types of transactions get made, or is this simply an unwritten principle being broken (using Amex as cash equivalent ‘masked’ otherwise).
I’m just trying to understand in my head how the average Joe could otherwise understand this is ‘wrong’ and not unwittingly get their accounts blocked.
It is manufactured spend and also a way of exceeding the cash limits on your Amex card.
Cash Limit – This is normally set at around 20% of your credit limit
Withdrawal Limit – withdraw within a single 30-day period max £1,000
And no 3% cash advance fee for Amex.
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