-
Is there a set sequence of cards for maximising points if you earn under £35k. Looking at the rules the only option seems to be the Gold card but then you won’t receive the bonus on any other cards unless you have a 2 year break.
I assume household income doesn’t help towards the minimum income requirement?
Is there a set sequence of cards for maximising points if you earn under £35k. Looking at the rules the only option seems to be the Gold card but then you won’t receive the bonus on any other cards unless you have a 2 year break.
I assume household income doesn’t help towards the minimum income requirement?
In light of the unofficial announcements from Amex today (see extra article) it’s probably not the right time to ask or at least get a worthwhile answer as it it seems that more change is afoot at what used to be the UK’s premium credit card company.
Borrowing this thread to ask a similar question on any data points re household income? I know amex implemented minimum income not long ago, but wondered if anyone had ago anyway. I am specifically thinking about the BAPP.
@JDB are you implying holding out to see if there are more changes coming?Someone posted the other day that they were accepted via household income, it was in one of the longer Amex threads.
@Reney – I don’t know what the changes are going to be, but I’d prefer to know what they are before setting out on the sequenced application route as the criteria might change during the process. One could also take the view that whatever it is probably isn’t good news, so it may be best to plough on. Certainly the BAPP at 60k seems one not to miss and it’s about eight months since the last big offer on that card, when it was 70k.
In terms of not meeting the BAPP income threshold, someone a few days ago said they got 7-7.5 on the eligibility check with £18k but maybe it’s not updated. My understanding is that if you apply and are rejected, that doesn’t affect your two year gap.
Your focus is on the wrong prize.
Treat the points as a lucky bonus, and maximise your use of Amex (and other bank) offers and rebates. There’s no point chasing 100 MR pts (value £1) by spending £100 at Morrisons on your Amex when Barclaycard, Lloyds and Virgin Money will give you £10 back.
Likewise looking at the offers today. For someone taking home £2100 a month (after tax and pension) your biggest benefit is for two people travelling to New York for £196 each (£371 each * 2 less £350 rebate). Or a trip to Europe on Ryanair, then use the Hyatt, Hilton or Marriott offers.
You’d have to work for 3.5 days to earn the money to cover the United Offer, the hotel offers are around a day’s income.
Ok, I’ll wait for the new announcement from Amex but won’t probably change the income requirements. When I complete the Amex Eligibility Checker it only offers the “reduced” premium cards (Gold / Standard BA etc.) when the income is below £35k.
It looks like the Gold is the best option but no other bonus unless I cancel and wait 2 years.
Back when I had a gold card, there was usually a good anniversary bonus of MR points which used to make it worthwhile for me. I’m not sure if this still operates or not!
Surely personal income is too blunt a tool, even if this is FSA driven. Household Income, outgoings need to be assessed if miss selling is to be avoided. A retired couple with 2x£30 income and no mortgage probably has 50x the disposable income of a young married couple with 2 kids and a £200k mortgage even if the only earner is on £35k+
Isn’t that Age discrimination ?
Surely personal income is too blunt a tool, even if this is FSA driven. Household Income, outgoings need to be assessed if miss selling is to be avoided. A retired couple with 2x£30 income and no mortgage probably has 50x the disposable income of a young married couple with 2 kids and a £200k mortgage even if the only earner is on £35k+
Isn’t that Age discrimination ?
I assume you mean 2x £30k, not £30.
It’s not age discrimination if they treat any couple of any age with 2x £30k income in the same way.
- You must be logged in to reply to this topic.
Popular articles this week:
