expired AMEX Card (3760***) Holders: Send Money Overseas and Earn 10,000 Bonus Points
This was posted 1 year 3 months 20 days ago, and might be an out-dated deal
Received in email. I have not used this service but have needs for it, so I am going to take the offer.
I am a gold card holder so there is flat rate of $10. But we all know 10000 points worth much more than that.
If you are a CENTURION MEMBER or PLATINUM CHARGE CARD MEMBER then it is totally free.
as someone mentioned: American Express cards issued by a third party financial institution are not eligible.
so only cards start with 3760….
anyone familiar with their rates?
When you send money overseas with FX International Payments from American Express, there's always a little something in it for you back at home. Sign up online, make your first foreign currency transfer of $100 or more by March 31 2012* and you'll earn 10,000 Membership Rewards Bonus Points. And that's not the only way you'll be rewarded.
Whether you're sending a one-off cash gift or making regular payments on an overseas investment, you can always look forward to a long list of benefits.
With over 150 years' experience in foreign exchange, when you transfer money with American Express it's not just a rewarding experience, it's a quick and reliable one too.
goblin5566 on 29/02/2012 - 12:57 ¶Its only for American Express cards that start with 3760. My card starts with different number as I got it through NAB.
This is strange. MAybe should mention that in title
+1 votehuntress_love on 29/02/2012 - 16:12 ¶answer my own Q:pop up with a form.
do you just do a online transfer from your account?
FAQ on the website
Q: How do I pay for my transfer?
A: On application you select how you would like to settle your account. You can choose to pay by Direct Debit (American Express will debit your nominated bank account), Direct Credit (you transfer the money to the American Express bank account) or BPAY® (you initiate a BPAY payment to American Express’ nominated BPAY biller code).

Excludes AUD transfers
*Membership Rewards Bonus Points offer is valid for eligible new personal customers on their first complete foreign currency international payment of $100 or more (excludes AUD transactions) made using the American Express system by 31 March 2012.
+2 votesFor my Amex/Qantas card I calculated about 0.74% of a discout that I get with points. Therefore 10,000 points would be worth about $74. Minus $10 (for Telegraphic Transfer) and minus $5 (difference in Amex exchange rate and IB FX brokers for USD 100) = about $59 a one can get for the hassles.

Wow this is great esp if you have an ATM of the overseas account so you can withdraw the money back.
For transferring $100:
fx fee would be around $10
atm withdrawal fee would be around $5
exchange rate variable $5
so it would be around $20 all in all.so for $100, you will get back roughly $80 plus 10,000 points
13,500 points will give you $100 BP Fuel Card.


75
It's worth it for the 10,000 points but cheaper options with more competitive rates there after.