Reply To: American Express Preferred Rewards Gold without Bonus

[Rob]

In theory yes (if you’d use the Deliveroo credits and the airport lounge passes) for the first year, less so for year 2.

However …. the snag is that, even after you cancel the card you’d have to wait 24 months to get another bonus on most of the Amex cards.

If you think your expenses will go up over the next year or so, or a big purchase may come along, you may be better off waiting and not blowing your chance of getting a decent bonus.