American Express is a globally recognised financial institution with over 100 million Cardmembers worldwide, consistently awarded for customer service and premium credit card experiences.
What you need to know about this credit card
- Fee: Annual fee of £195, waived in your first year of Cardmembership.
- Interest rate: Representative APR of 86.3% variable, reflecting premium rewards features.
- Credit limit: Assumed credit limit from £1,200, subject to credit assessment.
- Eligibility: Minimum income requirement of £20,000 per year and UK residency.
Pros
- Best credit card for points: Earn Membership Rewards® on every £1 spent.
- Best travel rewards credit card: Transfer points to airlines like British Airways and Emirates.
- Credit card with benefits: 4 complimentary airport lounge passes each year.
- Generous welcome bonus: Earn up to 28,000 bonus points after qualifying spend.
- Lifestyle rewards: Up to £120 yearly Deliveroo credit with enrolment.
Cons
- High representative APR: Not suitable for carrying a balance.
- Annual fee after year one: £195 applies from the second year onwards.
Is American Express a good bank?
Compared to the Barclaycard Avios Plus, Amex Gold offers broader reward redemption options beyond flights.
Against the HSBC Premier Credit Card, Amex Gold has a lower income requirement and more flexible points usage.
When matched with the Virgin Atlantic Reward+ Credit Card, Amex Gold stands out for non-airline rewards.
Compared to the NatWest Reward Credit Card, Amex Gold delivers stronger travel and lifestyle benefits.
Unlike many credit cards UK, Membership Rewards® points never expire.
How to Apply for Your American Express Preferred Rewards Gold Credit Card
If you’re looking to apply for a credit card online and want one of the best credit cards for rewards and travel perks, Amex Gold is a strong option to consider. Eligibility checks won’t impact your credit score.