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Jumeirah One disappears as a redemption from Amex International Currency Cards

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American Express has, for many years, issued two cards for anyone globally who would prefer to bank in US$ or Euros rather than their home currency. This includes UK residents.

These cards are known as International Currency Cards, with the individual cards known as the International Dollar Card (IDC) and International Euro Card (IEC).  Each is available in Green, Gold and Platinum versions.  The cards are run from Brighton which is very convenient if you have any issues.

Jumeirah One disappears from American Express International Currency Cards

There was no sign-up bonus for the Gold or Green card.  However, the Platinum International Currency Card offered a sign-up bonus of 30,000 Membership Rewards points. This was very handy, because you could get this bonus irrespective of any other American Express cards you held. It would also not impact your future applications for UK cards.

The key upside was that the International Currency Cards have different Membership Rewards partners. These include Jumeirah One, Qatar Privilege Club (less useful now that Qatar has adopted Avios) and Malaysia Airlines. They also retain a 1:1 conversion rate with Singapore Airlines which beats the 3:2 rate offered by the UK programme.

Unfortunately, Amex has recently taken the International Currency Cards off the market. If you don’t have one, you’re not getting one.

If you DO have one, one of the benefits seems to have gone. Jumeirah One has disappeared as a transfer partner.

10 years ago this was the greatest deal around. Jumeirah resorts in the Middle East are ludicrously expensive but you could pick them up with a points transfer. I was getting 3p-4p of value per Amex point.

Sadly Jumeirah One went revenue based. Each point is now worth around 1.5p, so the 4:1 transfer from American Express ICC Membership Rewards became pretty pathetic. Plenty of transfer partners offered far more value, especially Singapore Airlines with its 1:1 transfer rate.

I am tempted to shut down my ICC card entirely. Even retaining the ability to transfer to Singapore Airlines at 1:1 isn’t necessarily worth the annual fee.

Want to earn more points from credit cards? – May 2023 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:

SPECIAL OFFER: Until 30th May, the sign-up bonus on the Barclaycard Avios Plus Mastercard is doubled to a crazy 50,000 Avios! Apply here.

SPECIAL OFFER: Until 30th May, the sign-up bonus on the free Barclaycard Avios Mastercard is doubled to 10,000 Avios. Apply here.

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

CRAZY 50,000 Avios for signing up (to 30th May) and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

10,000 Avios for signing up (only to 30th May) 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.

SPECIAL OFFER: Until 13th June, the sign-up bonus on The Platinum Card is doubled to 60,000 Membership Rewards points – and you get £200 to spend at Amex Travel too! Apply here.

SPECIAL OFFER: Until 13th June, the sign-up bonus on the Virgin Atlantic Reward+ card is doubled to 30,000 Virgin Points. Apply here.

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

60,000 points AND a £200 Amex Travel voucher until 13th June! Read our full review

Virgin Atlantic Reward+ Mastercard

30,000 points bonus (to 13th June) 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 bonus and a £200 Amex Travel credit every year 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

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

1% cashback and no annual fee Read our full review

Comments (46)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • eligold says:

    What’s my best option to get my MR points out of my amex IDC. I I’d rather put them to Avios or Virgin but Hilton, Marriot or Etihad are also an option.
    The lower points redemption value compared to the £ card far exceeds the difference between the Dollar and the Pound.
    So how do I best minimize the loss compared to UK AMEX points?

    • Rob says:

      With the £/$ nearer parity than it was when the transfer rate were drawn up, I think the best option is actually a transfer back into a UK MR account.

      When I set mine up, I moved points across at $1.59, so 100k MR = 159k IDC MR. If I move them back now, at $1.20, 159k IDC MR would get me 133k MR, a tidy gain.

      Moving them to Singapore Airlines is the only option which is more attractive than this to me, and the 3-year hard expiry on SQ miles concerns me.

      • Jonathan says:

        It’s still a great option if you plan to redeem the KrisFlyer points straight away the transfer, or very shortly afterwards, but definitely not a good idea to simply put the points away for saving, especially if you’ve got no route in mind…

        That’s the main problems with programs with hard expiry policies, especially with a carrier that’s based so far away, okay they’ve got daily flights to their hub from major European cities, but there’s still things like the Q Suite to compete with, although that involves a connection, it’s still very competitive

        Any news on when some airlines might soften their hard expiry policy ?
        M&M already seems halfway there, by waiving it to those with a co-branded credit card, and high level status, Skywards & ANA Mileage Club only waives it to the highest level members
        As far as I’m aware KrisFlyer doesn’t much in the way of giving immunity to its expiry policy…

        Etihad Guest scrapped theirs with a thank you to Gavin

        I go for Aeroplan as (in my opinion) the best all-rounder program for Star Alliance flights (I don’t take many of them, even when I do so, it’s always a mix of the airlines), although other readers have mentioned their choice being Aegean Airlines Miles+Bonus
        No airline loyalty program is perfect for everyone, since it depends heavily on where in the world you regularly travel, and many other factors

      • CamFlyer says:

        I’m in this position with an IEC Platinum. I’m considering whether to change to UK Platinum instead. I think timing will depend on whether I end up using my accumulated MR points for a redemption through SQ (likely on TK metal) in the next few months, or want to hold them longer (or use on, eg, EK).

  • sam says:

    i am disappointed there are no Irish restauants again.

    • Andrew. says:

      Not true. There is one restaurant listed where you can enjoy Irish cuisine.

      Daffodil Mulligan, 70-74 City Rd, Old Street, EC1Y 2BJ

  • Charles says:

    Did anyone ever get the 1 month Paramount + offer which was meant to be coming to BA Executive club members? Haven’t seen anything about it since it was announced in December, but maybe I missed something….

    • Rob says:

      Got it, used it. You should have had an email.

      • DaveJ says:

        I didn’t get one.

        Then again BA didn’t even contact me to tell me my flight was cancelled this week (I was checking myself as I thought a cancellation was likely and they’ve definitely got my latest contact details. They also wanted to charge me £200 online to move to a flight that was actually running)

      • Eli says:

        Have I missed out if I only just became bronze?

    • Steve says:

      Like Rob, got it and used it. Managed to binge City on the Hill, Halo and both new Star Trek shows in the month. Plus the Ray Donovan movie which I didn’t even know existed!

      (Helped make January slightly more bearable…)

  • Ant says:

    Any suggestions for restaurants/bars in NY to use the £150 credit?

  • Maz says:

    Does anyone know how the AmEx credit works in Japan? It says you have to use Pocket Concierge and prepay, but doing a quick skim, I can’t see any prepaid restaurants.

    • Gavin says:

      I think all the restaurants on there are prepaid (although it’s not clear if they are all at the time of booking). The point of the service is that you pre pay, and then having nothing to pay at the restaurant unless you order additional drinks etc. I booked a restaurant in December for February and payment was taken immediately, refund from Amex received after about 1 week.

    • cin2 says:

      They are all prepaid. I got the full £300 on Michelin star restaurants in Dec and Jan.

  • ABS says:

    Anyone know how long the dining offers take to appear on the card. Just activated mine today and no option to add offers

    • James Baxter says:

      It varies, my new card has still only got 6 offers (about 10 days after activating). Others have 40+ offers – and indeed often more like 100.

      Most of them completely useless, of course.

      • ABS says:

        Was specifically thinking of the £150 uk dining credit and £150 overseas credit. They’re published benefits so surprised they weren’t loaded automatically.

  • James Baxter says:

    Tim – how much did you get for selling that site, then? 🙂

    I’m sure it’s a matter of public record.

    If only we knew where to look.

  • Seantex says:

    “Unfortunately, Amex has recently taken the International Currency Cards off the market. If you don’t have one, you’re not getting one.”
    It’s not quite true. New Amex ICC cards aren’t available directly through Amex website any longer but one can still apply through a bank, for example Barclays (just google international+barclays+amex). Off course one needs to be Barclays client first. There is number of banks that have this partnership with Amex.

This article is closed to new comments. Feel free to ask your question in the HfP forums.

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