Amex Gold sign-up bonus back to 20,000 points – and no fee for a year

Thanks to reader Andrew, we have our second piece of positive credit card news this week.

Following a long period of bonus cuts, Virgin Atlantic suddenly launched a 20,000 Flying Club miles bonus on its 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.

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Want to earn more points from credit cards? – September 2023 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:

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.

SPECIAL OFFER: The sign-up bonus on the Virgin Atlantic Reward+ Mastercard is doubled to 30,000 Virgin Points if you apply by 2nd October. You receive 15,000 Virgin Points with your first purchase and a further 15,000 points if you spend £3,000 within 90 days. Apply here.

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:

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.