American Express has – yet again – increased the sign-up bonuses on the two British Airways American Express cards.
The Premium Plus version, with the £195 annual fee, now offers 25,000 Avios instead of 18,000 Avios. You must spend £3,000 within three months to receive the bonus.
The basic, free, card now offers 5,000 Avios instead of 3,000 Avios. You must spend £1,000 within three months to receive the bonus.
The representative APR on the Premium Plus card is 76.0% variable including the fee based on a £1200 credit limit. The representative APR on the free card is 22.9% variable.
Last time the sign-up bonus on the free card was 9,000 Avios during the promotion period. This time the deal is not as good, but still an improvement of 2,000 Avios compared to the usual 3,000. American Express may be hoping to persuade more people to pay the fee for the Premium Plus card by widening the gap to 20,000 Avios.
The offer will be running for a couple of months until further notice – we don’t have an end date at the moment.
Amex increasing the sign-up bonus is probably a response to Virgin Atlantic boosting the sign-up bonus on its credit cards earlier this year. You can read more about the Virgin Atlantic offer here.
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