Poor old British Airways. Sometimes they just back the wrong horse.
Back in September 2012, they moved their currency partnership away from Travelex and across to American Express Currency Exchange. ACE became the only place that you could earn Avios from travel money.
(More importantly, as I wrote here, ACE treated your transaction as a purchase if you used an Amex card to pay for it, so you also earned credit card miles with your transaction! This was especially good if you had a sign-up bonus to reach.)
But now, Amex Currency Exchange has been given the boot by BAA, the owners of Terminal 5. Today is either the last day of operation or the first day of closure, depending on how you interpret the message on their website!
ACE will continue to operate out of the other Heathrow terminals. It will also continue to supply foreign currency for home delivery. BA’s FX partner, though, will no longer be able to supply you with currency in BA’s home terminal!
PS. I believe that Moneycorp is taking over where Amex left off. Let’s see what sort of BA relationship they have.
How to earn Avios from UK credit cards (September 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.
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.
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 10,000 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.