The Platinum Card from American Express is offering double Membership Rewards points – 2 per £1 – on ALL spending until 20th July!
These means that, if you have Amex Platinum, it is now THE most valuable card in your wallet.
I had expected this offer to appear, because it has been offered to Platinum cardholders in other countries. For some reason no-one has yet been emailed by American Express about it.
It DOES work though, and applies to all transactions from 21st April. Take a look at this screenshot:
Does this apply to all Membership Rewards cards?
It only applies to personal American Express Platinum cards. If you have the International Dollar / Euro Platinum Card, it also applies to that. Centurion cardholders can also take part.
How many miles and points will I now earn?
Two Membership Rewards points per £1 means you are earning:
2 Avios per £1
2 Virgin Flying Club miles per £1
4 Hilton Honors points per £1
6 Radisson Rewards points per £1
3 Marriott Bonvoy points per £1
….. and much more.
Or get 1.8% cashback instead
Alternatively, you can take 1.8% cashback instead.
As we wrote the other day, Amex Platinum cardholders now receive 0.9p per Membership Rewards points when they redeem for statement credit.
This means that, as you are now earning 2 Membership Rewards points per £1, you could immediately redeem these for 1.8% off your bill.
Is it worth getting American Express Platinum to take advantage of this deal?
I will do a separate article on this topic over the weekend. The issue is that, whilst the rewards are clearly excellent now, you won’t be able to benefit from most of the travel benefits which come with the card.
My full review of the American Express Platinum card is here if you want to find out more now. Our ‘quick read’ ‘Top 10 Reasons for getting American Express Platinum’ is here.
You can apply for The Platinum Card here.
Want to earn more points from credit cards? – August 2022 update
If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.
EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.
British Airways American Express Premium Plus
25,000 Avios 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
60,000 points, £200 travel credit and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and 1.5 points for every £1 you spend 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:
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
10,500 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.