American Express UK gives new cardholders more time for welcome bonus spending
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If you’ve recently applied for a new credit card — or if you’re considering doing so — you may be concerned that your current isolation lifestyle might make it difficult to reach the minimum spend to earn a generous welcome bonus offered with the card.
While we’ve shown you easy ways to earn a welcome bonus without leaving the house, American Express U.K. has announced how it’s helping new customers during this difficult period.
Traditionally with Amex cards, you have three months of cardmembership to meet the minimum spending requirement to earn a welcome bonus. However, until further notice, this has been doubled to six months. The amount of money you need to spend to earn the welcome bonus has not changed for any cards, however, the time period has been doubled.
Even better, this change applies for both new applicants and those applicants who applied on or after 31 January 2020 and have since been approved.
The welcome bonus extension period applies to the following cards issued by American Express U.K. (click the links below for a full TPG review of each card):
- American Express Preferred Rewards Gold Credit Card
- The Platinum Card
- Platinum Cashback Everyday Credit Card
- Platinum Cashback Credit Card
- British Airways American Express Premium Plus Card
- British Airways American Express Credit Card
- Nectar Credit Card
- Marriott Bonvoy American Express Card
- The American Express Rewards Credit Card
- Gold Business Card by American Express
- The American Express Business Platinum Card
- British Airways American Express Accelerating Business Card
Ultimately, this is a generous move from American Express to help new cardholders during the coronavirus crisis. Many people aren’t spending as much as they typically do, which could make earning that valuable welcome bonus more difficult.
If you had been eyeing an Amex card but were deterred by the prospect of not spending enough to earn the welcome bonus, this news should be a game-changer. An extra three months of time to meet that minimum spending requirement will help ensure most eligible cardholders are able to earn the welcome bonus.
Features image by Josh Gribben / The Points Guy
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