American Express Travel has launched a new cashback credit promotion.
When this offer has run in the past there have been two versions:
£50 back on a £200 spend
£200 back on a £600 spend
This time ….. at least so far ….. the only one available is £50 back on £200 spent.
I recommend looking at the ‘Offers’ tab on your Amex online statement pages and signing up, if it is there. For some reason it seems rarer than usual in my house even though Amex is accepting 25,000 registrations – it only appears on my British Airways Premium Plus card. Nothing on any of our Gold, Platinum or Platinum Business cards.
You have until 28th February to do the necessary spend.
Whilst there was some grumbling in our comments yesterday about the lack of a £600 cashback offer, I think the ‘£50 back on £200 spend’ is more practical for many people.
Cumulative spend DOES count.
Note that you will lose your cashback if you use Membership Rewards to part-pay for the cost of your booking – although you would be crazy to do this as it is poor value for your points.
This offer is only valid for pre-paid products. It is best used for a flight because – assuming the price is the same – a flight booked via Amex Travel is the same as a flight booked via ba.com. You should get the same Avios and tier points.
The downside with booking hotel rooms this way is that Amex Travel is counted as a third party booking site. You won’t receive hotel points or status benefits which – if this meant you lost out on free breakfast or a good upgrade – may leave you worse off than booking direct. For hotels where you don’t have status, of course, it is more attractive.
Note that you can’t use it for Fine Hotels & Resorts bookings (the exclusive ‘added benefits’ scheme for holders of The Platinum Card) or The Hotel Collection bookings (the equivalent scheme for Amex Gold) as these are not pre-paid.
Even if you don’t see a window to use this offer at the moment, I recommend visiting americanexpress.co.uk and saving it to your card just in case. It would be a shame if something came up but the target of 25,000 registrations had already been reached.
Remember that you have until 28th February to do the required £200 of spending although your travel can be for a future date.
PS. If you missed it, take a look at our recent article on the top 10 reasons why you should apply for an American Express Platinum card.
Want to earn more points from credit cards? – January 2022 update
If you are looking to apply for a new credit or charge card, here are our January 2022 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. Here are the top current deals.
There are special sign-up bonuses on both of the BA American Express cards until 28th February 2022. The bonus on the free card is doubled to 10,000 Avios and the bonus on the Premium Plus card is increased from 25,000 Avios to a huge 40,000 Avios.
British Airways American Express
10,000 Avios for signing up (SPECIAL OFFER) and an Economy 2-4-1 voucher for spending ….. Read our full review
British Airways American Express Premium Plus
40,000 Avios (SPECIAL OFFER) and the UK’s most valuable card perk – the 2-4-1 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
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 offers.
The bonus on the Capital On Tap card is increased from points worth 10,000 Avios to 30,000 Avios until 4th February 2022.
The bonus on the British Airways Accelerating Business card is increased from 30,000 Avios to 45,000 Avios until 28th February 2022.
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
45,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
30,000 points bonus – the most generous Avios Visa for a limited company Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.
Apply 31st March 2022 and your cashback will be increased to 2% for the first three months.