American Express Preferred Rewards Gold recently added a valuable new perk for cardmembers.
Each month, you receive 2 x £5 credits to spend at Deliveroo. There is no minimum order.
As long as you order something at least twice per month, you are getting £120 of free credit from American Express each year. This is an excellent return in your first year of having Preferred Rewards Gold, given that the card is FREE in Year 1. It also comes with a sign-up bonus of 20,000 Membership Rewards points, worth at least £160, and two free airport lounge passes.
When the Deliveroo benefit launched, some Head for Points readers complained that they couldn’t use it. If you are in a Deliveroo area but rarely order takeaway, you should look at the new grocery delivery companies on the app.
How can you make £36 per year without using Deliveroo at all?
I’m glad you asked.
Deliveroo has a subscription service called Deliveroo Plus. There are two subscription options, one at £11.49 per month and one at £3.49 per month.
You will need to download the Deliveroo app and create an account. Register your Preferred Rewards Gold card as your payment choice. Under your profile you see an option to register for Deliveroo Plus.
(I am not sure if you can sign up for Deliveroo Plus if you are physically not in a Deliveroo delivery area at the time of signing up. You may need to wait until you are in an urban area or try with a VPN.)
The £3.49 per month plan gives you free delivery on all orders of £25 or more.
Sign yourself up.
Why should someone who never uses Deliveroo pay for Deliveroo Plus?
There is no minimum spend requirement to trigger the £5 American Express credit.
Your £3.49 monthly subscription to Deliveroo Plus will trigger an immediate £5 credit to your American Express Gold card. You make £1.51 profit each month. It’s not much, but it involves zero work once you are signed up and you’ll make £18 per year.
Here is proof it works, from my wife’s Gold card:
You can double this by signing up a friend or your partner for their own Deliveroo account, using the same Amex Gold card for payment.
This second subscription will trigger the second monthly £5 statement credit, earning you another £18 per year.
In total, you will make a profit of £36 over a year. This makes a decent dint in the £140 annual fee for Preferred Rewards Gold if you choose to continue after the first year.
And, of course, if you DO ever decide to order some food or groceries from Deliveroo, you’ll benefit from free delivery on orders of £25+ thanks to your Deliveroo Plus subscription.
This technique also saves you money if you use Deliveroo once per month
If you only use Deliveroo once per month, you can use this technique to increase your savings as long as your order is for at least £25. £25 is the Deliveroo Plus free delivery threshold.
Let’s assume you make one Deliveroo order per month, comprising £25 of food and the £2.99 delivery fee. Your total cost is £27.99, and you will receive a £5 cashback credit via Amex Gold.
If you sign up for Deliveroo Plus, however, the maths looks like this:
- First transaction – £3.49 Deliveroo Plus fee, which triggers £5 cashback
- Second transaction – £25 food order, no delivery fee due to Deliveroo Plus membership, order triggers the second £5 cashback
You have spend £28.49 in total but received £10 back.
This compares to spending £27.99 by not having Deliveroo Plus but only receiving £5 back.
Want to earn more points from credit cards? – October 2021 update
If you are looking to apply for a new credit or charge card, here are our October 2021 recommendations based on the current sign-up bonus.
The following offers will end soon:
- 10,000 Avios on British Airways American Express (ends 2nd November)
- 40,000 Avios on British Airways American Express Premium Plus (ends 2nd November)
- 60,000 points on The Platinum Card from American Express (ends 2nd November)
- 30,000 points on American Express Preferred Rewards Gold (ends 9th November)
Here are the top current deals:
British Airways American Express
10,000 Avios for signing up, no annual fee and an Economy 241 voucher for spending ….. Read our full review
British Airways American Express Premium Plus
40,000 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 – 30,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
60,000 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.
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
60,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios 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
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: