Earning rates

The American Express Preferred Rewards Gold Card earns Membership Rewards points at the following rates:

  • 3 points for every £1 spent on American Express Travel.
  • 2 points for every £1 spent on purchases made directly with airlines.
  • 1 point for every £1 spent on all other purchases.

Rewards value

Based on our valuations, AMEX Membership Rewards Points earned with the AMEX Gold Card are worth 1p each on average. That means 20,000 points are worth £200.00 on average.

AMEX Gold Card Points Value Calculator

Enter your AMEX Membership Rewards Points balance to see estimated cash value.

Points
Redemption Values 7 options
Redemption Option Estimated Value
Transferring points to airline partners for upper class redemptions £200.00 – £400.00 1p/point – 2p/point
Transferring points to airline partners for economy class redemptions £100.00 – £260.00 0.5p/point – 1.3p/point
Transferring points to hotel partners £80.00 – £200.00 0.4p/point – 1p/point
Redeeming points for gift cards £100.00 0.5p/point
Shop with points redemptions with retailers £90.00 0.45p/point
Checkout with Amazon.com £90.00 0.45p/point
Using points to cover card charges £80.00 0.4p/point
Learn More: What Are AMEX UK Membership Rewards Points Worth?

Perks and benefits

Here are the main benefits of the American Express Preferred Rewards Gold Card:

  • Airport Lounge Passes: Take advantage of 4 complimentary Priority Pass airport lounge visits every year giving you access to over 1,300 airports globally.
  • Deliveroo Credit Enroll and get £5 back on eligible purchases with Deliveroo twice every month.
  • Bonus Points: Every time you spend £10,000 you will get 5,000 bonus Membership Rewards points, up to 10,000 bonus points per year.
  • Travel & Purchase Insurance: Travel Accident Insurance, Travel Inconvenience Insurance, Purchase Protection, and Refund Protection.

Transfer partners

Points earned with the AMEX Gold Card can be transferred to 16 partners.

AMEX Gold Card Points Transfer Calculator

Use our AMEX Gold Cardconversion calculator to estimate the transfer of AMEX Membership Rewards Points into partner rewards.

Points
Transfer Partners 16 of 16
Transfer Partner Ratio You'll Receive
Air France KLM Flying Blue Miles Airline Frequent Flyer Program
1:1 20,000 Air France KLM Flying Blue Miles
British Airways Executive Club Avios Airline Frequent Flyer Program
1:1 20,000 British Airways Executive Club Avios
Cathay Pacific Asia Miles Airline Frequent Flyer Program
1:1 20,000 Cathay Pacific Asia Miles
CE
Club Eurostar Points Transit & Gas Rewards Programs
15:1 1,333 Club Eurostar Points
Delta SkyMiles Airline Frequent Flyer Program
1:1 20,000 Delta SkyMiles
Emirates Skywards Miles Airline Frequent Flyer Program
4:3 15,000 Emirates Skywards Miles
Hilton Honors Points Hotel Loyalty Program
1:2 40,000 Hilton Honors Points
Iberia Plus Avios Airline Frequent Flyer Program
1:1 20,000 Iberia Plus Avios
Marriott Bonvoy Points Hotel Loyalty Program
2:3 30,000 Marriott Bonvoy Points
Nectar Rewards Points Retail Rewards Program
1:1 20,000 Nectar Rewards Points
Qantas Frequent Flyer Points Airline Frequent Flyer Program
1:1 20,000 Qantas Frequent Flyer Points
Qatar Avios Airline Frequent Flyer Program
1:1 20,000 Qatar Avios
Radisson Rewards Points Hotel Loyalty Program
1:3 60,000 Radisson Rewards Points
Scandinavian Air EuroBonus Extra Points Airline Frequent Flyer Program
1:1 20,000 Scandinavian Air EuroBonus Extra Points
Singapore KrisFlyer Miles Airline Frequent Flyer Program
3:2 13,333 Singapore KrisFlyer Miles
Virgin Atlantic Flying Club Points Airline Frequent Flyer Program
1:1 20,000 Virgin Atlantic Flying Club Points
Learn More: Overview of AMEX UK Membership Rewards Transfer Partners

Fees

Annual Fee

The American Express Preferred Rewards Gold Card has a £195 annual fee — £0 the first year.

Authorized User Fee

There is no fee to add the first supplementary cards to the American Express Preferred Rewards Gold Card. All cards after the first will cost £45 per card, per year.

Non-sterling Purchase Fee

The American Express Preferred Rewards Gold Card has a non-sterling purchase fee of 2.99%. This means that you will be penalized when using this card to make purchases that are not in Pound sterling.