Maximise your Avios, air miles and hotel points

Got Amex Gold / Plat? Get 3,000 free Membership Rewards points with the companion credit card

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If you currently have an American Express Preferred Rewards Gold or American Express Platinum charge card, you should be eligible for a special offer for five days only.

If you add the (free) Platinum credit card or (free) Gold credit card to your account, you will receive 3,000 Membership Rewards points.

Amex Gold credit card

To see this offer, you need to log in to the statement page on the American Express website, desktop or mobile version.  It is not on the American Express app.

You should see a banner ad at the top of the statement page together with a link to click to apply.  Most people appear to have it although I doubt everyone will see it.

The representative APR on both credit cards is 14.9% variable.

Why would you want this? Well, there is one good reason – you receive 3,000 Membership Rewards points for signing up!  As the Amex Gold or Amex Plat credit cards are free, you are getting points for literally nothing (except for, presumably, a ding on your credit report).

There isn’t much else to add:

You need to spend £500 in three months to receive the 3,000 Membership Rewards points

You will earn 1 Membership Rewards points for each £1 spent

There is no annual fee

In theory you must cancel your credit card if you cancel your Gold or Platinum charge card.

However, some people report that they are allowed to keep their credit card when cancelling the charge card.  There is no pattern as to why, but if Amex allows you to do this then you do not need to empty out your Membership Rewards account – although you won’t reset the six month clock on when you can reapply for a charge card until you do.

Amex credit card

Is there much point to having this card for the long term?  No.

Fundamentally, Amex is encouraging you to run up debt that you cannot afford to instantly repay, otherwise you would use your charge card instead.  It will make your wallet thicker without adding any extra flexibility to how you spend, since it can’t be used anywhere where your Amex Gold or Platinum charge card isn’t already accepted.

If you DO pay interest on your credit card bill every month, then you do NOT want to be doing it on this card given the 14.9% interest rate.  There is only one low rate credit card which also offer points and that is the Tesco Clubcard Low Rate MasterCard.  This lets you earn Avios points or Virgin Flying Club miles, if you convert the Clubcard points, and has a market leading low interest rate of 5.9% variable.  You can apply for the Tesco Low Rate MasterCard here.

3,000 Membership Rewards points is worth having – that is 3,000 Avios or Virgin Flying Club miles.  Just don’t start running a balance on the card and paying 14.9% interest.


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

You can see our full directory of all UK cards which earn airline or hotel points here.

British Airways American Express card

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

BA Premium Plus American Express card BAPP

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

Nectar American Express

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

American Express Platinum card Amex

The Platinum Card from American Express

30,000 points and an unbeatable set of travel benefits – for a fee Read our full review

Virgin Rewards Plus credit card

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 card

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

Amex Platinum Business American Express

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 card

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.

Comments (96)

  • Sussex Bantam says:

    Not on mine 🙁

  • Sam wardill says:

    It does give you section 75 protection whereas a charge card doesn’t

    • Genghis says:

      I thought Amex have their own (and I’m sure I’ve heard better) scheme for charge cards? Never had to use it so cannot really comment

      • Rob says:

        Amex voluntarily does S75.

        • Northern Lad says:

          Section 75 covers you for consequential losses. Amex advised me (admittedly 2 years ago) that any claim did not cover more than expenditure i.e. doesn’t cover consequential loss. I did pay in full, so not sure if they meant cost of the goods or amount I actually spent on the Amex.

          • guesswho2000 says:

            The way around it being spend £1 on any credit card, then use whatever other means of payment to settle the balance.

  • Bill says:

    Hmmmm think I’ll pass, I’d rather not have that ‘ding’ on my credit report for 3000 points.

    • John says:

      There probably won’t be any “ding”, Amex has never credit checked me after my first ever Amex, and even so 1 search means nothing, do you apply for a new card every month or something?

      • Genghis says:

        +1. Not been checked by Amex for years

        • Alex W says:

          I’m sure Amex do check me because it always goes to a deferred decision. Maybe because I have moved house a lot. Never been declined though and my newest card, SPG, just arrived with a £15k limit!

          • John says:

            Actually, I usually get referred too, but no searches show up on my credit report

  • Vish says:

    OT

    I had a BAPP, got my 241 voucher, redeemed it then cancelled my BAPP. The actual redemption flight won’t take place until next year.

    This morning I have an email from BA congratulating me on spending 10k and as a result I have another 241.

    The only active cards I have at present are Amex Gold and SPG

    I have made a dummy booking using this 241 and all appears intact. Have also checked my flight for next year from my original 241, again all good

    Anyone else had this happen?

  • Stephen C says:

    One reason to keep it long term is to have an extra card to shop small with in December

    • Genghis says:

      Went back to Poppy’s last Friday and the waitress said, “you’re the guy that paid with seven cards last time aren’t you?..”

      • Evan says:

        I get that this is a points website and all but to be blunt being remembered by staff for that is not something to be proud of….

        • Genghis says:

          I’m certainly not proud of it. But I’m happy to share what I thought was quite a funny story and I’m sure others have had similar experiences. It gave my colleagues a good laugh too.

          • Volker says:

            My partner and I live in a remote area with no Tesco nearby. Just before the recent PayQwiq extra points promotion ran out, we made it to a Tesco again and you could see us split our shopping into eight visits to the till to make the most of the remaining extra points opportunities on our CC accounts. It’s just what dedicated miles collectors do 😀

          • TripRep says:

            I didn’t think it read like you were boasting. It actually sounds like you were slightly embarrassed​. I’m assuming that waitress got a tip for having a good dry sense of humour 😀

          • Genghis says:

            @Triprep. She did get a good tip. We had a laugh about it. And I paid the whole bill (naturally) and collected dues from my colleagues.

        • Mike says:

          This comment doesn’t bring anything to the table. He hasn’t committed a crime for gods sake He is a long standing member of this site and probably contributes more to it than any other individual. Nothing constructive to say, then don’t say it.

        • Peter K says:

          In a weird way, it is something to be pleased about. I’ve been noted as the guy who buys all the gift cards in the past. They might find you unusual but it’s not bad 🙂

          • Graeme says:

            Indeed. At my pre-football pub they say “Yes, we take Amex” as I approach the bar rather than “What can I get you?” as I never remember and ALWAYS ask.

            Aside from the obvious alcohol issue I can’t see anything to be ashamed of! There are worse things they could remember Genghis for…..

          • Genghis says:

            Alcohol? Cuppa tea with fish and chips all the way 🙂

        • Rob says:

          I like Poppy’s, was at the Spitalfields takeaway (which I never knew existed) last month.

    • Chris Palmer says:

      Good point.

    • mark2 says:

      True but many/most people would prefer the points to be received for churning Gold/Plat.
      I would and I am a big Shop Small fan, with 16 cards last year (now much fewer).

  • Mr(s) Entitled says:

    Underwhelming. I seem to recall a couple of years ago you could earn a slew of points for adding companion cards. Those were the days.

    • Peter K says:

      Companion cards yes, but the gold/platinum credit card, no. That was only ever 3k at best. For those who churn cards and work their way through the gold/plat, BA, Starwood, it’s an extra card to earn bonus points on.
      For those who don’t do that it’s still an easy 3k…easier than spending £3000!

      • Mr(s) Entitled says:

        Was it 3k? I seem to recall I got 5 companion cards and my wife then did the same. 10 x 3k and there was no requirement to ever spend on them. They went straight into the shredder. Happy days.

  • Justin says:

    When I logged into my amex account yesterday there was an ad prompting me to sign up for the companion card, despite the fact I already got one last month… do you think they will let me have 2? 🙂

    • Peter K says:

      I’d go for it. I once accidentally got a first companion bonus 3 times as the website was playing up and it seemed to not go through but had done and all 3 attempts have new the bonus. You’ve nothing to lose.

      • Brian says:

        Nothing to lose – apart from being charged the fee for a second companion card, I guess…

  • Stephan says:

    OT Can you change the address of your BA account to another country to get the currency in that country when booking reward flights ad the change back?

    • Rob says:

      Possibly but you can’t swap back to the UK for 6 months and your BA Amex points and voucher will not go across in that time!