Some HfP readers are likely to have an Amazon Platinum Mastercard which they have been using where American Express is not accepted.
You didn’t earn any miles or points, but the cashback reward (paid in Amazon credit) was in line with the best options available.
Amazon and NewDay, the card issuer, have now agreed to part ways. It seems that NewDay negotiated a good deal when it agreed its original contract, because it is retaining the cardholder base.
All cardholders will be swapped to a ‘NewDay Pulse’ card in January 2023. This will be a cashback card, paying a very generous 1% for your first three months and then 0.25% thereafter.
The only snag is that cashback will be capped at £150 per year, albeit that you would need to be spending £60,000 per year to earn that.
This is comparable to what you currently receive. At present:
- Amazon Platinum cardholders get 0.25p for every £1 spent outside Amazon, paid in Amazon credit (Amazon spend earns 0.75% back for general customers and 1.5% back for Prime members)
- Amazon Classic cardholders – which hopefully don’t include any HfP readers – don’t earn any rewards (!) but do get an Amazon voucher for signing up
On the face of it, you might be tempted to stick with the NewDay Pulse replacement card. I don’t recommend that.
Bizarrely, the most generous cashback Visa or Mastercard in the UK is now the new Barclaycard Avios Mastercard.
You earn 1 Avios per £1 spent. You can transfer these to Nectar at the rate of 1 Avios = 1.6 Nectar points. As 1 Nectar is worth 0.5p, you are getting (1.6 x 0.5p) 0.8p of Nectar points for every £1 you spend.
This is triple the return of the NewDay Pulse card or the current Amazon Platinum Mastercard.
Our full review of the Barclaycard Avios Mastercard is here and you can apply here. That said, it makes more sense to get the paid card with a 25,000 Avios bonus and then trade down to the free version later. Our review of the paid Barclaycard Avios Plus Mastercard is here.
Want to earn more points from credit cards? – May 2022 update
If you are looking to apply for a new credit or charge 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. 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.
The Platinum Card has doubled its sign-up bonus to 60,000 Membership Rewards points, which convert to 60,000 Avios or other airline miles, if you apply by 1st June 2022.
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) and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
30,000 points bonus (SPECIAL OFFER) 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.