FlyerTalk Forums - View Single Post - Amex Changes To Card Account Terms - Express Cash Service
Old Mar 2, 2019 | 12:11 am
  #9  
Steve M
All eyes on you!
25 Years on Site
 
Join Date: May 2000
Location: Houston, TX, USA
Programs: UA Platinum, AA Lifetime Platinum, DL Platinum, Honors Diamond, Bonvoy Ambassador, Hertz Platinum
Posts: 8,179
Originally Posted by BugsyPal
Express Cash is now being treated (IMHO) same as a cash advance
That's not just your opinion - that's exactly what the new terms state: Express Cash is going away completely, and cash withdrawals from a charge card are now Cash Advances.

which is a nothing more now than a loan. Previously AMEX treated the thing as a service with a fee tacked on for their bother. Now they are looking to make money.
That's exactly what they're doing. But in doing so, they remove a very useful and unique feature from their charge card products.
Steve M is offline