This is, admittedly, a minority post since not many readers will have an American Express International Dollar Card or International Euro Card.
These cards are issued in the UK to people who would prefer to have a card which bills them in $ or Euros. If you have a bank account in those currencies, you effectively get your foreign exchange transaction in $ or Euro (depending on your card) for free as you won’t be paying any foreign exchange fees.
The Membership Rewards scheme is also more generous than the general UK scheme, since it offers 1 point per $ or per €, compared with 1 point per £. However, this is offset by poorer conversion rates to most programmes. Avios, for example, is a 3:2 conversion ratio instead of 1:1 from the UK scheme. (There are still some foreign airlines that allow 1:1 conversion from the $ card, though, although not Avios or Flying Club.) I will do a longer explanatory post on this in a day or so.
There is currently a semi-secret transfer bonus from the IDC card to Avios. I say ‘semi-secret’ because a HFP reader was emailed about it and passed the email to me. However, I never got the email and the offer does not feature on the IDC Membership Rewards website.
I rang Amex, though, and they said it was open to all IDC cardholders. I did a test transaction of 5,000 IDC Membership Rewards points and, indeed, I received 4,333 Avios (ie 3,333 at 3:2 plus 30%).
The original email goes:
Whether you’d prefer to fly further or upgrade the choice is yours. For example, if you fly return Economy Class New York City to London, it costs 40,000 Avios. Normally you would need to transfer 60,000 Membership Rewards Points to receive this. Right now, you only need to transfer 46,800* Membership Rewards Points (saving you 13,200 Points).
Avios are redeemable through British Airways or any of their oneWorld ® partner airlines; transfer your Membership Rewards Points today and decide where your Avios will take you.
I am in the US soon, so I may put a few $ charges through my International Dollar Card and then transfer the points across to Avios before the end of August.
Want to earn more points from credit cards? – September 2022 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.
EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable card perk – the 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 & two airport lounge passes Read our full review
The Platinum Card from American Express
60,000 points, £200 travel credit and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus 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:
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
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
Capital On Tap Business Rewards Visa
50,000 points bonus until 2nd October – the most generous Avios Visa for a limited company 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.