In May, American Express added a new benefit for Preferred Rewards Gold cardholders, worth a potential £120 per year.
Preferred Rewards Gold cardholders will receive 2 x £5 Deliveroo statement credits per calendar month.
You need to register for this benefit, but only once. After your initial registration, you will receive the 2 x £5 monthly Deliveroo credits without any further registration required. The deal is guaranteed to run until at least mid 2023.
You can opt in to this new benefit via the ‘Offers’ tab of your online Amex statement page or in the American Express app.
There is minimal small print – the credit won’t roll over from month to month if unused, and the offer only applies to primary cards, not supplementaries.
What has changed?
Without any notice, American Express has changed the rules of the promotion. There is now a £5 minimum spend required to trigger the cashback.
You may think this makes no difference, given Deliveroo’s pricing, but it does. Many HfP readers were using the credit to pay their £3.49 subscription to Deliveroo Plus. This was triggering the £5 cashback, so you made a small monthly profit as well as getting free delivery on orders of £25+.
If you signed up for Deliveroo Plus purely to use up one of your £5 credits, you should cancel.
The good news is that Deliveroo is offering 12 months of Deliveroo Plus absolutely free to Amazon Prime members. You can sign up via the Deliveroo app – I was offered the deal as soon as I cancelled my paid membership – or by clicking here.
Want to earn more points from credit cards? – October 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 (SPECIAL OFFER), £200 travel credit and unbeatable 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.