FlyerTalk Forums - View Single Post - Express Cash Fees With Platinum Card
View Single Post
Old Dec 7, 13, 4:06 pm
  #18  
mia
FlyerTalk Evangelist, Moderator: American Express, Citi, Diners Club, Signatures
 
Join Date: Jun 2003
Location: Miami & London
Programs: AA & Marriott Perpetual Platinum; HH Gold
Posts: 39,459
Originally Posted by Zhariak View Post
I just didn't think people were allowed to pull cash off their charge accounts...
The way this "benefit" is implemented in the USA is that the funds are withdrawn directly from your linked bank account. In effect, you are able to use your American Express charge card as an ATM card. The withdrawal is slower than if you use a real ATM card issued by your bank, but you pay American Express a fee for accessing your own money.

This benefit is implemented differently in other countries, and the cash is actually added to the American Express balance.
mia is offline