Last chance to get Amex Platinum with 50,000 Membership Rewards (= 50,000 Avios) bonus
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Key link: American Express Platinum card home page
This is a ‘final boarding call’ for anyone thinking of applying for the American Express Platinum charge card.
The Amex website has been saying for a couple of weeks that the 50,000 Membership Rewards points offer will end on 3rd March.
My best guess – and I honestly don’t know – is that it will drop back to 40,000 points, which is what it was until last Autumn.
50,000 Membership Rewards points (good for 50,000 Avios or various other things) is a great deal.
Whilst the card does carry a £450 annual fee, you can cancel this for a pro-rata refund as soon as you have spend the £2,000 necessary to get the bonus points. This pro-rata refund is in the terms and conditions of the card (paragraph 18.2 to be precise) so you will have no problem getting it.
So, if you meet the £40,000 household income requirement and have not had a Platinum, Gold or Green Amex in the last six months, you need to decide whether to go for it before the deadline.
Cancel within 3 months, and your net fee will only have been (3/12ths of £450) £112 – a fantastic deal for 50,000 Avios!
However, the Platinum card has some great benefits – Cathay Pacific Gold card (= BA Silver and gets you into BA lounges), Starwood Gold, Club Carlson Gold, Accor Platinum (EDIT – initially said Gold by mistake), 2 Priority Passes for lounge access when not flying BA etc – and you may decide that it is well worth keeping once you have got used to the benefits. I have had once since 1999.
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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