08-26-2012 09:56 PM
Any NPSL Amex card holders enabled and used their "express cash" feature? It takes money directly out of a linked checking account just like a debit card, but an Amex rep told me its "more secure" than using my debit card. Fee is 3% or $5, whichever is cheaper of the amount withdrawn. I enabled it in case I needed to withdraw some cash on an upcoming trip to Europe, but I'm really wondering what the whole "more secure" thing means...
08-26-2012 10:06 PM
Its kind of ripoff. 3% to get access to your own money. Only useful thing I can see is that allows you to really lose some money in Vegas by allowing you to get more money than ATM daily limit. I guess it is a bit more secure in that if they somehow dupe the Amex card as opposed to ATM card, you get Amex protections against Misuse.
08-26-2012 10:37 PM
There really is no more secure. Just get AMEX Prepaid card and load money into it. No foreign transaction fee and first ATM withdraw per month is free.
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