Get £5 off American Express gift cards – good for hitting your minimum spend
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I first wrote about Amex’s new range of gift cards last year.
Basically, you can now (in theory) walk into a WH Smith, Sainsbury or Superdrug and a buy a £20, £30, £50 or £100 Amex gift card. The fee payable on top is £2.45, £2.95, £3.45 and £4.45 respectively.
Via the Amex Selects website, Amex is offering a £5 discount when you purchase an Amex gift card.
Now, this hardly makes the deal an unmissable one. However, buying these gift cards DOES count as a ‘purchase’ and therefore qualifying spend towards triggering any sign-up bonus. You may therefore be willing to pay the fee if you may otherwise struggle to hit a spend target.
You also need to add a postage fee of up to £4.95 to the fees above. However, this is capped at £4.95.
Including the £5 discount, you therefore pay, in fees and postage:
- £100 gift card – £4.40
- £200 gift card – £8.95
- £300 gift card – £13.30
- plus £4.45 for each additional £100
Is it worth it? Well, if you are £500 short of qualifying spend for a sign-up bonus then paying £23 in fees to buy a £500 gift card may be worth it. It is cheaper than buying the £50 Visa gift cards with £3.95 fees found in Boots, Tesco etc. (Of course, if you can find 3V cards with no fee then they are clearly a better deal!)
The offer runs until August 15th.
Want to earn more points from credit cards? – April 2024 update
If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
Barclaycard Avios Plus Mastercard
Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review
Barclaycard Avios Mastercard
5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.
British Airways American Express Premium Plus
25,000 Avios and the famous annual 2-4-1 voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review
The Platinum Card from American Express
40,000 bonus points and a huge range of valuable benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 bonus points and 1.5 points for every £1 you spend Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers:
SPECIAL OFFER: Until 12th May 2024, the Capital on Tap Business Rewards Visa card is offering a bonus of 30,000 points, convertible into 30,000 Avios. You must have a Limited Company to apply. Click here to learn more and click here to apply.
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
American Express Business Platinum
40,000 points sign-up bonus and an annual £200 Amex Travel credit Read our full review
American Express Business Gold
20,000 points sign-up bonus and FREE for a year Read our full review
Capital on Tap Business Rewards Visa
Huge 30,000 points bonus until 12th May 2024 Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.
Barclaycard Select Cashback Business Credit Card
1% cashback uncapped* on all your business spending (T&C apply) Read our full review
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