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Amex launches new Membership Rewards spend bonuses for October – check yours

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American Express has launched a new round of spend bonuses for holders of its Membership Rewards cards, primarily Preferred Rewards Gold and The Platinum Card.

You can register for these on the American Express website or in the app. It will be under the ‘Offers’ tab and you need to click ‘Save’ to register.

These offers do not start until 1st October.

Amex launches new MR spend bonuses for October - check yours

As you can see here:

Amex launches new MR spend bonuses for October - check yours

…. the 1st October start date is not made clear unless you read the small print. You may potentially want to hold back some major expenditure for a couple of weeks if you can in order for it to count.

What sort of bonuses are on offer?

They vary by individual.

My wife’s Gold card, as you can see above, offers 1,900 bonus Membership Rewards points for spending £3,700. It won’t be happening.

My Platinum card has a totally different offer:

Amex launches new MR spend bonuses for October - check yours

Yes, a whopping 200 points for spending a whopping £300. In fairness, at least I will trigger this one. I won’t be trying to do £3,700 in a month onto my wife’s Gold card and I’m not sure why Amex thinks I possibly could.

Meanwhile, Rhys got 2,500 bonus Membership Rewards points for spending £2,500 on his American Express Rewards Credit Card (ARCC). It seems rare to get one this generous.

Don’t incur any costs to hit these bonuses

Looking at my own targets as well as those of other HfP readers, it seems that most people are getting, roughly, an extra 0.5 to 0.66 Membership Rewards points per £1 spent.

The worst I have seen reported by a reader is 1,800 points for spending £7,000.

This may not even be enough to make the card a better choice than something else in your wallet.

More importantly, do NOT spend money abroad purely to ensure you hit your target. There is no way that the 3% foreign exchange fee added by American Express justifies the small number of bonus points.

I DID recently put a large holiday bill onto my British Airways American Express card, but the maths was totally different. I was offered 10,000 Avios for spending £5,000 which, with the base Avios, was worth 17,500 Avios for a £5,000 spend. I was happy to pay the FX fee on this basis.

An extra fraction of a Membership Rewards point, on the other hand, won’t do the trick.

You can register for this offer on the Amex website. Don’t forget that it doesn’t start to count your spending until 1st October.

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

Amex Reward Credit Card ARCC

American Express Rewards

The only ‘free for life’ Amex card which earns Membership Rewards Read our full review

American Express Platinum card Amex

The Platinum Card from American Express

60,000 points and an unbeatable set of travel benefits – for a fee Read our full review

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