American Express is currently running a special offer for all British Airways American Express cardholders.
You may have been emailed about this last week, but if you have opted out of email marketing you won’t have seen it. The offer is automatic (Amex has confirmed to me that all cardholders are eligible) and does not require registration.
You will earn 1 bonus Avios for every £4 you spend on your BA or BAPP (or indeed BAP if you’re an old timer) American Express card until 27th December.
The bonus is ‘per transaction’ and you receive one bonus Avios for every full £4 spent. A £7.99 purchase would earn one bonus Avios, for example, whilst a £12 purchase would earn three.
The official terms and conditions for the deal are very badly written and imply that you get one bonus Avios per transaction of £4+. I have spoken to Amex and they have confirmed that it is one bonus Avios per multiple of £4, as in my example above.
The offer is valid for both UK and overseas spend.
For British Airways Premium Plus cardholders, this bonus takes the effective rate – at least on larger transactions where the impact of rounding down is negligible – to 1.75 Avios per £1 spent. This is highest earning rate on any UK travel rewards credit card, at least for the next 17 days.
If you applied for a card today it should arrive before Christmas, allowing you to get the bonus over the first couple of days of the sales. The free British Airways American Express card comes with a sign-up bonus of 5,000 Avios (apply here, full BA Amex review here) whilst the Premium Plus card comes with a sign-up bonus of 25,000 Avios (apply here, full BA Premium Plus Amex review here).
Interest rates: BA – representative APR 22.9% variable. BAPP – representative APR 76.0% variable including £195 fee based on a notional £1200 credit limit. Interest rate on purchases 22.9% variable.
(Want to earn more miles and points from credit cards? Click here to visit our dedicated airline and hotel travel credit cards page or use the ‘Credit Cards Update’ link in the menu bar at the top of the page.)