By: Kate Anderson | Updated: 27th January 2021.
The American Express Rewards Credit Card is there to make your money work for you. With no annual fee, it enables cardholders to earn one Membership Rewards point for every £1 spent. For those who are new to the American Express family, you could potentially earn yourself a welcome bonus of 5,000 Membership Rewards points, giving you a flying start to your reward earnings.
The American Express Rewards Credit Card gives you access to a popular reward scheme and leaves out the price tag. With no annual fee, you can immediately start feeling the benefit of one Membership Rewards point for every £1 you spend. The real selling point is for new cardmembers, who, if eligible, could earn themselves a windfall of 5,000 bonus points if they spend £2,000 in the first three months. And did we mention no annual fee?
5,000 Membership points if you spend £2,000 in the first three months (subject to eligibility)
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The American Express Rewards Credit Card gives you access to a popular reward scheme and leaves out the price tag. With no annual fee, you can immediately start feeling the benefit of one Membership Rewards point for every £1 you spend. The real selling point is for new cardmembers, who, if eligible, could earn themselves a windfall of 5,000 bonus points if they spend £2,000 in the first three months. And did we mention no annual fee?
The American Express Rewards Credit Card lets you start earning reward points from the get go and doesn’t trip you up with an annual fee.
I worked on the front line of personal-finance best buys for over eight years at one of the world’s largest research companies, Nielsen. I reported daily on the developments of the 2008 financial crisis and beyond, keeping up with the changing financial landscape and providing insights to all the major banks in the UK. I know the key players in the market and the tactics behind how they behave. All of which I will apply to highlight the best deals and give honest reviews to help you in your search.
Any sort of a reward scheme is a bonus for a credit card, but it is always worth considering how you can then use your reward points.
In terms of the number of reward points you can earn with this card, it is a competitive offer. One point for £1 is a fair deal, and with no upper limit, it means that you can just keep accruing points. The welcome bonus also helps get your points balance off to a good start, but it does depend upon a minimum level of spend in the first few months.
As I mentioned earlier, rewards are never going to be as flexible as simple cashback and there may be other offers that align with retailers that are more specific to your spending habits. But if you are looking for a reward card that rewards you for your spending, the American Express Rewards Card does just that.
American Express requires applicants to have no history of bad debt, be aged 18 or over and be a UK resident. It also requires them to have a UK bank or building society account that they can provide details of.
You can apply through the American Express website. The application will reportedly take less than 10 minutes, and you will receive a response in 60 seconds.
You will need to provide personal information, including your income and employment details. Your UK bank or building society account number and sort code may sometimes be necessary, so it’s a good idea to have this on hand.
To have a good chance of being accepted for this card, you’ll need a good credit score. If you know your credit score is top notch, then you can feel comfortable applying directly. If you’re not so sure, it may be worth using the eligibility checker that American Express provides on its site.
If you have not held an American Express credit card in the past 24 months and are looking for a reward card that will instantly start working for you wherever you choose to use the card, then the American Express Rewards Card could look like an attractive offer. The welcome bonus is a big draw for a card like this, so consider whether you would be eligible and whether you could make the minimum required spend.
Putting the welcome award to one side, this card still has a lot to offer in terms of ongoing reward points, no annual fee and levels of protection. American Express is a trusted brand, and its Membership Rewards scheme, although more limited than a cashback offer, rewards you for simply using the card.
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