How Does The Amex Preferred Rewards Gold Card Work?
It’s George again, back with another post taking a look at the world of rewards credit cards. In my previous post I explained how if I was new to Amex I would start with the Preferred Rewards Gold card. This card comes with a really good range of benefits, which we’ll explore together in this post.
How Many Points Do You Get From the Amex Gold Card?
The Preferred Rewards Gold card provides a generous bonus of 20,000 Membership Reward points (or MR points) when you signup and spend £3,000 in the first three months. Remember that you can boost this to 30,000 points if you use our referral link also shown at the end of this post.
The card earns 1 MR point for each £1 you spend, plus a 2,500 MR point bonus for every £5,000 you spend. On top of that, when you purchase flights directly with an airline, you’ll receive a bonus MR point for each £1 you spend, doubling the rate at which you earn MR points.
Is The Amex Gold Card Free?
Despite the premium perks that this card provides, the card is free for the whole of the first year, giving you all the benefits without the annual fee. The free year should give you plenty of time to work out whether the card is worth keeping after the first 12 months. If you decide to continue with the card beyond the first year, the fee is £195 per year.
Amex UK Deliveroo Benefit
Another great perk of this card is the Deliveroo benefit. This gives you £5 back when you order food on Deliveroo twice a month for the whole year! That means you could receive up to £120 in value if you frequently order takeaways from Deliveroo.
Amex Lounge Access UK with Priority Pass
As part of your card membership, you will be eligible to join Priority Pass, a global network of airport lounges. You’ll be entitled to 4 free lounge visits every year, meaning that you can enjoy a premium and relaxing start to your next travel adventure. As these lounges typically cost £25 to £30 to enter, this benefit could worth over £100 if you used all 4 free lounge visits.
How Flexible are Amex Reward Options?
As I mentioned in my previous post, the benefit of a card that earns MR points is that they can be exchanged for points in several different airline and hotel reward schemes. This gives you a freedom to build up points and decide how to spend them later. Some of the most popular airline and hotel reward schemes that can be used include:
Avios points – the reward currency of British Airways, Qatar Airways and Iberia
Hiton Honors points – the reward currency of Hilton Hotels
Skywards Miles – the reward currency of Emirates
Virgin points – the reward currency of Virgin Atlantic
Club Eurostar points – the reward currency of Eurostar trains
KrisFlyer Miles – the reward currency of Singapore Airlines
In a future post I’ll discuss how you can best use some of these schemes to maximise your value from MR points.
Is The UK Amex Gold Card Worth It?
In summary, the Preferred Rewards Gold card is a rewarding way to start using Amex without having to pay any fees for the first year. The signup bonus is generous, and if you can make use of the Deliveroo and Priority Pass benefits, you’ll really make the most out of the card.
Remember that right now, you can earn an enhanced signup bonus of 30,000 points when you spend £3,000 points in your first three months of membership. This offer is available if you sign up for the Preferred Rewards Gold card using our referral link below.
https://americanexpress.com/en-gb/referral/gold-credit?ref=gRACECSizi&XL=MIANS