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Amex Gold sign-up bonus back to 20,000 points (and no fee!)

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Thanks to reader Andrew (who sent me the first tip-off I’ve ever had via our Twitter feed!), we have our second piece of positive credit card news this week.

Following a long period of bonus cuts, Virgin suddenly launched a 20,000 Flying Club miles bonus on their credit card (see here).

American Express has now put the sign-up bonus for the Preferred Rewards Gold charge card back to 20,000 Membership Rewards points, up from 10,000.

See here for details of the card, and see here for what 20,000 Membership Rewards points will get you.  With no fee for the first year, it is a great deal.

Tomorrow I will publish a post summarising the qualification criteria for both the Platinum and Gold charge cards.

(To see our complete list of all current credit card bonuses, click here to visit our ‘Credit Cards Update’ page or use the link in the menu bar at the top of the page.)