Amex extends 50% bonus when paying with points for Gold cardholders
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Editor’s note: This story has been updated to reflect the extended offer.
American Express U.K. has extended one of its two offers for cardholders of its Preferred Rewards Gold Credit Card. After launching the offers in August, as of Monday, Amex has extended the option to use points as payment with a 50% bonus.
The first offer, which remains the same since launch, is the ability to earn double Membership Rewards points at certain popular U.K. retailers. Gold cardholders will now earn 3 points (instead of 1) per £1 spent at popular outlets including Deliveroo, Esso, Aldi, Superdrug and Currys PC World. As is usually the case with all Amex offers, the offer must first be saved to the card either via the app or online.
This offer remains available until 21 November 2020.
The second offer, which has been extended, is a 50% bonus of the value of Membership Rewards points when using “Use Points towards Purchases”. While 50% is indeed a great bonus, we rarely advocate spending Membership Rewards points on anything other than flight or hotel redemptions, as that’s where you generally find the most value.
However, if you have no plans to travel anytime soon and have lots of points but are short on cash, it might be worth considering taking up this offer. After the extension announced on Monday, cardholders can benefit from this offer until 21 November 2020.
These offers are available to personal Preferred Rewards Gold Cardmembers, and small business cardholders are excluded.
Featured image by John Gribben/The Points Guy
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