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BIG NEWS: BA Amex annual fee AND voucher qualifying spend to rise sharply

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American Express has announced some unwelcome changes to the two British Airways American Express credit cards today.

The fee for the Premium Plus card will increase to £300. This is effective immediately for new applications.

The annual spend required to receive a 2-4-1 companion voucher will increase to £15,000 in November. This applies to both cards.

BA Amex fee AND voucher qualifying spend to rise sharply

The British Airways Premium Plus fee will rise to £300

This is the easiest change to get your head around.

The fee for the Premium Plus card will increase from the current £250 per year to £300 per year.

The fee increase will apply:

  • from today, if you are a new applicant for the card
  • for your next renewal after 1st August, if you already have the card

This means that if your renewal date is in April, May, June or July, your card will renew at the current £250. You will not pay the higher fee until your subsequent renewal in 2025.

If your next renewal date is after 1st August 2024, you will pay £300 from your next renewal.

The 2-4-1 companion voucher will require £15,000 of spending

This change is more complex because it is NOT linked to your current card year.

From 1st November, you will need to spend £15,000 to receive a 2-4-1 companion voucher. This applies to BOTH the free British Airways American Express card and the Premium Plus version.

The change will kick in on 1st November for both new and existing cardholders.

This means that you are now under pressure to hit your current membership year spend target by 31st October. If you don’t, you’ll need to spend £15,000 instead.

Here’s an example. Let’s assume that you have the Premium Plus card and that your card year runs to 1st February. You will need to either:

  • spend £10,000 by 31 October 2024, or
  • spend £15,000 by 31 January 2025

…. to earn your next voucher. From 1st February 2025, when your membership year renews, you will need to spend £15,000.

BA Amex fee AND voucher qualifying spend to rise sharply

As a reminder, this is how the companion vouchers currently work:

  • the free British Airways American Express card awards a 2-4-1 companion voucher when you spend £12,000 in your membership year. The voucher is valid for one year for an Economy flight redemption on British Airways, Aer Lingus or Iberia.

What do we think?

The increase in the annual fee is not easy to justify. American Express is pointing to improvements in card benefits (the ability for a solo traveller to use it for a 50% Avios discount, the ability to use it on Aer Lingus and Iberia) but for 90% of cardholders these changes have no impact.

(The solo traveller benefit IS valuable, but by default most existing cardholders applied when the voucher was only usable by two people and don’t need this functionality. The ‘value’ in the solo traveller discount is all for the benefit of Amex, since solo travellers are now applying for the card when they wouldn’t previously.)

It will be interesting to see how many people decide that the maths no longer stacks up.

I am more amenable to the increase in annual spend. The card is now over 20 years old and the spend target for the Premium Plus voucher was £10,000 from the start. £10,000 in 2004 is equivalent to over £17,000 in 2024, so it is hard to argue with £15,000.

What should you do if you can’t spend £15,000 per year?

We’ll look at this in a separate article later in the week.

Fundamentally:

  • there is little value in having the free British Airways American Express card if you can’t spend £15,000 per year on it – it makes more sense to have the free American Express Rewards credit card or the free Barclaycard Avios Mastercard
  • there is absolutely no value in having the Premium Plus card (beyond the first year and the big sign-up bonus) if you can’t spend £15,000 to earn the voucher. This isn’t up for discussion.

earns points from credit cards

Want to earn more points from credit cards? – April 2025 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 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 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 card

Barclaycard Avios Mastercard

Get 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.

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

British Airways American Express Premium Plus

30,000 Avios and the famous annual 2-4-1 voucher Read our full review

The Platinum Card from American Express

80,000 bonus points and great travel benefits – for a large fee Read our full review

Virgin Atlantic Reward+ Mastercard

18,000 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:

American Express Business Platinum

50,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

20,000 points sign-up bonus and FREE for a year Read our full review

Capital on Tap Pro Visa

10,500 points (=10,500 Avios) plus good benefits Read our full review

Capital on Tap Visa

NO annual fee, NO FX fees and points worth 1 Avios per £1 Read our full review

British Airways American Express Accelerating Business

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Comments (623)

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

  • john M says:

    I’m surprised how many people say they struggle to get the 10k spend and wouldn’t be able to spend 15k/y on the card… If you only generate 15k avios / year on spending, what use is the 2-4-1 voucher?? in my mind, this BAPP card s targeted at high spender who don’t really care if they trigger the voucher at 10 or 15 or 25 k …

    • Peter K says:

      Imagine you have a significant avios pot from legacy spending/earning but lower income now (eg retired) and want to stretch your avois further now.

      Or you earn avios from several smaller spenders in a household account?

      Or you have other ways to earn avios (eg work flights) but don’t have discretionary £15k *amex* spend you can do easily.

      It’s easy to think why you would want the 2-4-1 but not find £15k amex spend easy to achieve.

      • Lady London says:

        I think the thing is that if those are now your needs then your previous spend and lomg loyalty with them does not count any more and they want you out.

    • BBbetter says:

      Amex seriously needs to up their income criteria for this card and the platinum. To 50k minimum.

    • CJD says:

      This is basically where I’m at. In the last year I’ve got sign up bonuses for the Gold and BAPP cards (the latter being the 60,000 Avios offer just before Christmas) and I’ve applied today for the Barclaycard. I’m building up a good pot of Avios and a voucher for a decent redemption in a couple of years time for a honeymoon. But day to day I don’t spend enough to make the paid card really worth it long term.

    • Kev says:

      I’ve had a card since 2005 and it’s only the last few years I’ve hit the 10k without getting creative. I get most of my avios from other means, but manage to get enough for a long haul business flight each year.

  • Andy says:

    Having digested the changes, I think I would be ok with the increased fee and spend threshold and could manage to contuinue to achieve the voucher and get value from it if it started from my renewal date. However, I am not at all happy that they change the limit from 10k to15k mid year, this really stinks, I am unlikely to reach the new threshold this year now as I spend accross different cards, and the only thing that seems to be offered is cancellation with pro rata refund. So they’d rather lose valuable customers than keep them going forwards. What an own goal from Amex.

    • JDB says:

      @Andy – if Amex offered you a full fee refund, would you agree to forfeit the card benefits you have already received? If not, that’s why they only offer pro-rata refunds.

      • John says:

        Though seemingly not possible in practice, I’d agree to return 0.5 avios per £ to Amex and 2.5 avios on BA spend (being the difference versus the free card) if they refunded the fee in full

        • Lady London says:

          How would this compensate you for “wasted” spend towards the £10k, that you had already given Amex, that you could have spent elsewhere towards a different cardco’s benefits?

          • Will says:

            Exactly, they made a defined offer over a defined term and have unilaterally changed the terms after the customer entered into that offer in good faith that it would be honoured.

            It’s not ambiguous in any way as far as I can see and I’m at a miss as to why they’ve not implemented the change on the anniversary of each cardholder.

      • Ken says:

        The card benefit is a 241 voucher.

        The extra 1/2 Avios over free cards is a trivial bonus for almost everyone.

  • Alan says:

    So I have just had a long online chat and asked questions. Firstly why did I have to hear about it from the excellent HfP and not from BA Directly. They said they will send emails in the next 6 weeks! I did point out that my spend target is still £10k with an end date of 31st December.
    Secondly, I found another wrinkle in the changes which is very annoying. So I either have to spend an extra £5k between 1st November and end of year (2 months) to trigger close to my current companion ticket or I trigger it early. My first thought was trigger it early but then I won’t have my companion ticket that I usually use in early December each year. They then confirmed that my card year will still run until 31st December. That means that any spend after 31st October until my card renewal date won’t go towards the new £15k target. Which results in orphaned spend.
    I am sure other people have later card renewal dates and so this will impact them even more.

  • Matt says:

    Just out of interest I compared prices for the 2-4-1 voucher flying business on Aer Lingus as opposed to BA for return flights for two to Toronto this June.

    BA want £700 taxes and 160k Avios.

    Aer Lingus (from Dublin) on the BA site costs £461 taxes and 120k Avios. So, a saving of 40k Avios and 240 quid. Yes, there’s the added cost of getting over to Dublin but the cash price for that return flight from Bristol for two of us is just £225.

    Bizarrely, when you try to book the whole package on the BA site with the 2-4-1 voucher (flights from Bristol to Dublin, then Dublin to Toronto) the taxes shoot up to over £1,300 so in effect, you’re paying 900 quid in taxes for the economy flight when the cash price is just £225.

    • Josh B says:

      You could use Avios separately to fly Brs to Dublin – dunno what they want for that offhand tho.

    • Kaconym says:

      Although most of the £700 and £461 ‘taxes’ are just charges each airline make up where the money goes straight in their pocket, the UK government does charge about £200 per person of air passenger duty for a business class flight to Canada, Ireland charge nothing.

      Also while BA business class is by no means world leading, Aer Lingus business class is definitely a step below. Both hard and soft product generally aren’t as good on Aer Lingus. For a short flight like London/ Dublin to Toronto either is fine as both have flat beds, but you do get a better experience with BA imo.

    • NorthernLass says:

      Ha – have a look how much you save on a redemption in First starting in DUB!

      • PB2 says:

        I’m personally not sure the ex-DUB route is a no brainer in my circumstances but certainly worth considering when planning a First redemption. Below calcs is initially no vouchers, one pax, all off peak. Simple LHR JFK return in F is (max avios) £1360 “of Avios” (using 1p value) plus £850 cash. DUB in economy tagged on either end with a LHR layover sub 24h on the outbound to avoid UK APD = £1545 “of Avios” plus £450. So a saving of about £215 when figures combined (use of voucher increases saving to £307 per person if one pax saves half Avios or 2 travel and second pays no Avios) – but you do need to factor in the positioning sector to DUB and probably a night in hotel to avoid misconnect when starting the main trip the following day (notwithstanding of course you may want a short break to DUB anyway – and getting to LHR itself may require many to position down/book a hotel anyway if not in the SE, so why not position to DUB instead?). Further though, to be relaxed and rested before the F flight and to enjoy the F LHR ground experience (CCR) you may also wish to pay for another night in LHR having arrived from DUB the night before, rather than having all outbound travel on same day, being at mercy of delays etc.? I appreciate you can call to book the return terminating after the F leg back to LHR, which would save some Avios and some airport fees having dropped the last economy leg to DUB. I guess 2 pax also makes the maths better, assuming a shared hotel room in DUB etc. All food for thought! Am I missing anything else worth considering?

  • Lauren says:

    Off topic but we’re due to fly to Tokyo from Heathrow in June in Club World. I think last year there was talk from BA about upgrading the seats and promoting the route more but I haven’t heard or seen anything since. Does anyone know if it has been updated or not? Cheers

    • PeteM says:

      They use an A350, a 777 and 787 on this route. So depends on what flight you’re on, but it may also change by June…

    • Gareth says:

      In my experience on this route the earlier BA7 & 8 tend to use the A350 with the suite, and the later BA5 & 6 tending to use the B789 with the ying and yang.

    • Rob says:

      Check your seat map online – they will have a decent idea now of what will run.

    • Ronster says:

      Good afternoon Lauren

      Hope your well.

      BA have introduced a brand new A350 on that route, with the new “updated” business seats,( New Club Suite).

      Go to Google flights. Do a dummy run of the same dates and times of your flight. Should tell you whether your flying a 787(ying yang- old Club) or the A350(New Club Suite)

      Regards

  • NorthernLass says:

    This is turning out to be something of a damp squib – didn’t the Curve/Amex debable generate over 1000 comments? 😂

  • Peter K says:

    It seems to me that Amex want to get some of that new tax year pay rise (if you’ve had one) going their way.

  • Ali B says:

    As someone who only puts about 25k on the card a year I can appreciate that the extra 5k spend could be a stretch for some, particularly if you have other cards to hit spending targets on. However, are people really suggesting that 50 quid extra on the fee is a game changer in terms of the value you can get with the companion voucher if played right. Some really getting a bit over dramatic on here!

    • Tim says:

      50 quid + harder to achieve + removing pro rata refunds + taxes going up + avios required going up

      • Jonathan says:

        And no improvements to the day to day earnings of Avios points, it was 1.5 points when the card was launched, and it’s still the same !

        • Rob says:

          There is no logical reason why the rate would change, unless Avios had devalued so much in the meantime.

          • NorthernLass says:

            Agreed – the more you spend, the more avios you get.
            Don’t forget the double avios for BA spend. If you book a £5k holiday – and two weeks somewhere in August via the likes of On The Beach could easily hit that, so point in avoiding BA – you’ll get 15k avios from the BAPP, plus whatever BA awards you for the holiday. And that’s £5k towards your next 241.

          • NorthernLass says:

            *No point avoiding BA!

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