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Forums Payment cards American Express Best time to cancel Amex Gold

  • 77 posts

    Hello all
    Happy Christmas. I have had this card for the last 2 years but no longer wish to use it. I paid the annual fee £195 in Nov and have 35000 membership reward points. When is the best time to cancel the card transfer points and avoid any extra card fees?

    Thank you

    369 posts

    Today.

    HfP Staff
    2,773 posts

    Fee is refunded pro-rata so basically every day you delay is another 50p or so spent.

    However, you may want to factor in the airport lounge passes, when they would renew and when you would get around to using them if you kept the card.

    77 posts

    Great, Thank you. I would like to transfer the points before I close the account. Is BA Avios the safe recommendation ?

    2 posts

    In the same boat here, any idea how will the best time to cancel change when pro-rata refund ends?

    880 posts

    Great, Thank you. I would like to transfer the points before I close the account. Is BA Avios the safe recommendation ?

    Great, Thank you. I would like to transfer the points before I close the account. Is BA Avios the safe recommendation ?

    Read a few articles above but put it simply if you want Avios and want to build up for business class then yes. If you want hotels stays in Marriot?!?, then no.

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