On my account, I will receive 2,000 bonus Membership Rewards points when I spend £500 at Apple before 22nd May.
This is the first time that I have seen Amex run a bonus points offer for a retailer as opposed to a straight cash statement credit.
What is worrying is how pathetic this offer is! The majority of Membership Rewards remptions value your points at 0.5p or less. This means that you would be getting £10 of value back for a £500 spend, which is rubbish. Even if you convert your points to Avios and value them at 1p each, you are still only getting £20 of value back. Most cashback deals are more generous.
Let’s hope this doesn’t herald the start of a new trend.
If you want something more generous, this deal is better:
On my British Airways Premium Plus card, I have an offer for £50 cashback on a £300 purchase at Harrods before 5th June.
This is a great deal. You can buy gift cards at any Harrods till point and that will trigger the £50 credit. You can then spend the £300 whenever you want.
If you are thinking of spending £500 on an Apple product, you should buy it in Harrods instead! If you have two participating Amex cards, you could buy 2 x £300 Harrods gift cards and get £100 back which you can then spend in the large Apple concession in the Technology department (next to Toy Kingdom, where I spend worrying amounts of time).
At the time of writing, this deal is not on the cardmemberoffers.co.uk website so you can only sign up if it shows for you online.
Want to earn more points from credit cards? – January 2021 update
If you are looking to apply for a new credit or charge card, here are our January 2021 recommendations based on the current sign-up bonus.
British Airways American Express
5,000 Avios for signing up, no annual fee and a companion voucher for spending £20,000 Read our full review
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion 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
30,000 points and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and the most generous non-Amex for day to day spending 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:
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
British Airways Accelerating Business American Express
Earn both Avios and BA On Business points with your business spending Read our full review
Capital On Tap Business Rewards Visa
The most generous Avios Visa or Mastercard for a limited company Read our full review
Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points and do not consider interest rates, service levels or any impact on your credit history. By recommending credit cards on this site, I am – technically – acting as a credit broker. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker.