American Express changes the rules over your £5 Deliveroo credits
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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? – March 2024 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:
Barclaycard Avios Plus Mastercard
Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review
Barclaycard Avios Mastercard
5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review
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.
British Airways American Express Premium Plus
25,000 Avios and the famous annual 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 & four airport lounge passes Read our full review
The Platinum Card from American Express
40,000 bonus points and a huge range of valuable benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 bonus points 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:
SPECIAL OFFER: You receive a huge 120,000 Membership Rewards points if you apply for American Express Business Platinum by 9th April 2024. You receive 80,000 points for spending £12,000 within 90 days and a further 40,000 points if you retain the card for 14 months. Click here to apply.
SPECIAL OFFER: You receive 60,000 Membership Rewards points if you apply for American Express Business Gold by 9th April 2024. Remember that the card is FREE for the first year. You receive 40,000 points for spending £6,000 within 90 days and a further 20,000 points if you retain the card for 14 months. Click here to apply.
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
American Express Business Platinum
Crazy 120,000 points bonus (to 9th April) and an annual £200 Amex Travel credit Read our full review
American Express Business Gold
Huge 60,000 points sign-up bonus (until 9th April) and free for a year Read our full review
Capital On Tap Business Rewards Visa
Get a 10,000 points bonus plus an extra 500 points for our readers 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.
Barclaycard Select Cashback credit card
2% cashback on all your business spend for 3 months (1% thereafter) and no annual fee Read our full review
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