American Express American Express Preferred Rewards Gold Credit Card — United Kingdom
1 Membership Rewards point/GBP on everyday purchases; 2/GBP on direct airline or foreign-currency purchases; 3/GBP at Amex Travel. Spending bonuses have separate annual limits.
- Annual card + required rewards fees
- £195.00
- Reward currency
- Membership Rewards
- Card type
- Personal credit card
- Mileage route
- Bank points
- Record checked
- 2026-10-12
- First-year card fee
- £0.00
How earning and transfers work
UK Membership Rewards transfer to airline programs. Verified examples: British Airways Club 1:1 (minimum 1,000 points; increments of 500; estimated instant after account linking), Cathay 1:1 (minimum 1,000; increments of 500; estimated 3 working days). Other partners have their own rules.
| Program | Conversion | Minimum / increment | Timing / source |
|---|---|---|---|
| British Airways Club | 1 Membership Rewards → 1 airline units | 1000 / 500 | Estimated instant after linking; new enrollment may add 3 working days Official terms |
| Cathay | 1 Membership Rewards → 1 airline units | 1000 / 500 | Estimated 3 working days Official terms |
Eligibility and important conditions
Age 18+, permanent UK home address and a UK bank/building society account. Credit approval and product-specific income requirements apply; confirm the current product checklist.
Published spending bonus: 5,000 points per GBP 10,000, capped at 10,000 bonus points/year. Category overlap, exclusions and transaction rounding are not modeled.
- Fee waiver
- GBP 0 first year; standard GBP 195 thereafter.
- Transaction rounding
- Not verified
- Points expiry
- No scheduled expiry while the qualifying Membership Rewards account remains eligible; check account-closure terms.
- Minimum transfer
- Not verified
- Transfer fee
- Not verified
- Transfer timing
- Not verified
Verification and sources
Listed for new applications; confirm approval
Partial record. A source link does not verify every field.
- www.americanexpress.com — official product or rules
- www.americanexpress.com — official product or rules
Missing values remain unverified. Earnings, caps, expiry and transaction rounding can differ from a simple headline rate. Numerical reward estimates are disabled unless the full earning model is supported.