You will, no doubt, have seen stories in the press about companies such an Amazon and Apple who go to great lengths to minimise their UK tax bills. One of the ways they do this is to process credit card payments outside of the UK, to ensure that the transaction is not seen as taking place here.
This can often lead to a good result for you – you may receive bonus miles on your credit card, even though your transactions are in Sterling!
There are a few credit cards which offer double points for foreign spending:
- The American Express Preferred Rewards Gold
- The Priority Club / IHG Rewards Club Black Visa
- The TSB Avios Amex and MasterCard
About 14 months ago, I discussed this on Head for Points and we came up with the following list:
Companies treated by Amex Gold as foreign spend (and of course – except for the first three – travel spend as well, so 300% bonus):
Companies treated by Priority Club Black as foreign spend:
I’d like to revisit this topic, so if you have any other examples, please let me know. In particular, if you have the Amex Gold card, it would be interesting if you could go online and look at your Membership Rewards statement.
This is because Amex shows you the points you earn on a transaction-by-transaction basis, so it is easy to see if a particular merchant comes up as double points. (Remember that travel companies post as double points anyway, so you would be looking for travel transactions that post with triple points.) What else works with that card?
(To see our complete list of all current credit card bonuses, click here to visit our ‘Credit Cards Update’ page or use the link in the menu bar at the top of the page.)