Get £120 of Deliveroo credit as an Amex Gold benefit

American Express has a great benefit for holders of the American Express Preferred Rewards Gold credit card.

You will receive £120 per annum of Deliveroo credit. This is a permanent card benefit, not a one-off promotion.

This makes a real difference, I think, to whether you keep Gold after the first free year. It also makes the card a no-brainer for regular Deliveroo users for the first year, when Gold is free.

How does the new Deliveroo benefit work?

Preferred Rewards Gold Cardmembers 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.

Once registered, the £5 credits will be automatically applied to your account by American Express. You obviously need to make payment with your Preferred Rewards Gold card.

You can opt in to this new benefit via the ‘Offers’ tab of your online Amex statement page or in the American Express app.

Any small print?

Only one credit can be used per Deliveroo transaction so you cannot receive £10 back on one order.

You need to spend £5 to receive a credit.

The offer only applies to primary cards, not supplementary cards.

Credits do not roll over from month to month. If you don’t use your 2 x £5 credits in any particular month, they are lost.

What is this benefit worth?

If you are a regular Deliveroo user, you should have no trouble getting the full £120 of value from this offer.

As Preferred Rewards Gold is free for your first year, and £195 per year thereafter, I think this makes a real difference to the maths of whether you keep the card beyond the free first year.

For occasional users, it clearly has less value. That said, a £5 credit may tempt you to use Deliveroo more often.

You can order groceries too

Remember that you can order top-up groceries via Deliveroo in many areas, from stores from Aldi to Waitrose. The £5 credit is valid against this.

You also don’t need to have items delivered to use Deliveroo. Many restaurants and convenience stores allow you to order items via the app for collection, avoiding the delivery fee.

Conclusion

We recommend the Preferred Rewards Gold card as your ‘best first’ miles and points credit card. This is due to a combination of:

• no annual fee in Year 1

• a big sign-up bonus of 20,000 American Express Membership Rewards points, convertible into Avios but also into many non-travel rewards if you decide later that Avios or hotel points are not for you (conditions apply as to who qualifies for the bonus)

• four free airport lounge passes each year, which gives you an early first experience of how miles and points can help you travel better, and

• you still qualify for the sign-up bonus on the British Airways American Express Premium Plus Card at a later date when you become confident that you can justify the annual fee

The Deliveroo benefit, worth up to £120 per year of statement credits, is a valuable addition. If you regularly order food for delivery then you shouldn’t struggle to get full value from it, whilst other people may value the ability to get £5 discounts on top-up grocery shopping.

Added to the 20,000 Membership Rewards points sign-up bonus (if you qualify) and the four airport lounge passes, and you have an impressive package if you can make the most of it.

Don’t forget to opt in to the new Deliveroo benefit before placing your first order.

The American Express Preferred Rewards Gold application page is here if you are now tempted to sign up.

American Express Preferred Rewards Gold

Bonus: 20,000 points

Read our full review

Sign-up bonus and earn rate:

• Get 20,000 Membership Rewards points when you spend £3,000 within 90 days
• Earn 1 Membership Rewards point per £1 spent
• Get up to 12,500 bonus points each year based on your total spending
• Earn double points on all airline and overseas spend
• Points transfer at 1:1 into Avios and Virgin Points
• You can also convert to other airlines, Eurostar and hotel schemes

Other information:

• Amex Gold is our recommended ‘first card’ for a miles and points beginner
• Get four free airport lounge passes when you sign up, and a further four each year
• After your four free passes, you can visit further lounges for a small fee
• You receive £120 of Deliveroo credit each year (24 x £5 credits)
• Annual fee: Free for the first year, £195 from Year 2

Representative 88.8% APR variable.  Annual fee applies after the first year.

Apply here

See if you qualify for the 20,000 points sign-up bonus +

You will receive 20,000 American Express Membership Rewards points as a sign-up bonus on the American Express Preferred Rewards Gold card if you spend £3,000 within 90 days of signing up.

Membership Rewards points are hugely flexible, which is why we recommend this as the best choice for your first miles and points card.  You can transfer them into Avios, Virgin Flying Club or other airlines (at 1:1) or into various hotels schemes, into Club Eurostar or use them for shopping vouchers.

To qualify for the bonus, you must NOT, currently or in the previous 24 months, have held any other personal American Express card.

You are OK if you had a supplementary card on someone else’s American Express account.

You are OK if, currently or in the previous 24 months, you have held a Business American Express card.

For clarity, you can still apply for the American Express Preferred Rewards Gold card even if you do not qualify for the bonus.  You would still benefit from the four free airport lounge passes and the ‘no fee in Year 1’ offer.

Learn more about the card benefits +

American Express Preferred Rewards Gold comes with four free airport lounge passes.  These allow either you and up to three friends, or yourself four times, to visit any of the 1,400 lounges in the Priority Pass network.  You make additional lounge visits for £24 per person.  You receive an additional four free passes each year.

You earn double Membership Rewards points on all airline spend (made directly on an airline website) and all spend made outside the UK.

You will receive up to 12,500 bonus Membership Rewards points each year, based on how much you spend.

You receive £120 of Deliveroo credit each year.  Amex will repay you £5 for the first two Deliveroo orders charged to your Gold card each month.

Other benefits include a 10% discount on Hertz car rentals, Avis Preferred Plus car rental status and special deals at 700 selected hotels worldwide, where Preferred Rewards Gold cardholders receive a $100 in-hotel credit when booking a 2+ night stay.

You need a minimum personal income of £20,000 to apply for the card.

Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points. The site discusses products offered by lenders but is not a lender itself. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as an independent credit broker.