American Express Charles Schwab Cashout Option Reduced To 1.10 On September 1, 2021

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The American Express Platinum Charles Schwab cash out option to invest with rewards rate has been reduced to 1.10. It’s now only a 10% boost compared to a 25% boost.

This is Scheduled to take affect September 1st and everyone will get the notice on there July Statement.

The information has been confirmed via Chat with American Express.

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Here is a DoC article:



h/t JC1812

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