I have just received the AMEX Explorer card and am looking to start earning points asap (in particular to gain sign up bonus of 100,000 points). From the documents I received, it appears that AMEX will charge $3 per “over the counter” transaction. On my reading, that is each time I “tap and go” or use it at a shop / restaurant etc? This could obviously build up to a very high fee if used daily / is prohibitive for using the card on a daily basis?
My questions are:
- I would be very keen to hear people’s experiences / approaches to the above (if my understanding is correct)?; and
- Have people used the AMEX to buy a prepaid CC (like a Coles etc) which, should at least, be less than the $3 fee per over the counter transaction.
Many thanks all!