A couple of weeks ago I wrote this piece on Avios dropping their relationship with Travelex and jumping into a metaphorical bed with American Express Currency Exchange.
A reader has been in touch to tell me about his experience with ACE at Heathrow. As I recommend, he had pre-booked his currency online beforehand to get the best rate.
The two interesting things to note, which I didn’t mention in my original piece, are:
- He was allowed to give his BAA WorldPoints card for swiping, so he double-dipped with both Avios and WorldPoints on the same transaction
- He was told by ACE staff that if he paid with his Amex card he would earn 1 bonus Membership Rewards point per £1 spent. At the time, our reader thought that this was some special bonus promotion deal Amex was running. However, now that the transaction has posted, it seems that he has earned the 1 point per £1 because Amex treated the transaction as a purchase, not as a cash advance.
Now, I would want to see some more people try this before making any firm statements. However, if Amex Currency Exchange at Heathrow is treating paying for pre-booked currency as a purchase and not a cash advance, this opens up a lot of interesting options – including a quick way for people to hit their £2,000 spend target to trigger the Amex Gold and Amex Platinum sign-up bonuses.
How to earn Avios from UK credit cards (December 2022)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous 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:
There are two official British Airways American Express cards with attractive sign-up bonuses:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.
Run your own business?
We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios.
You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.
There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.