Credit Card Review & Application

American Express Preferred Rewards Gold Card

5.0

out of 5

- Transfer points to 10 major frequent flyer programmes
- Double points on travel spend
- Double points on petrol and supermarket purchases for your first year - with no cap!
- 20,000 bonus points - enough for 2 return flights to selected European cities with British
Airways or an upgrade to Premium Economy with Virgin Atlantic
- Gold Card Travel Service
- No interest charges - just pay your balance in full every month
- Get a response in just 60 seconds



Intro APR: N/A*
Intro Period: N/A
Representative APR: N/A*
Annual Fee: £75.00*
Issuer: American Express
Card Network: American Express®
Card Category: Consumer (Premium)
Card Type: - Instant Decision Card
- Reward Card
Credit Needed: Good*

It is not always easy to find a good credit card that uniquely and conveniently combines significant savings, innovative rewards, and a practical application that makes your life easier. The American Express Preferred Rewards Gold Card, though, seems to make a valiant attempt, and for the most part succeeds. Issued by American Express Services Europe Limited, this card has several options that appeal to a wide range of financial customers and therefore it will be up to you to decide if this is indeed the card for you. This is a product that is uniquely available to United Kingdom domestic financial customers.

First of all, this card has many different benefits that are associated with travel arrangements and accommodations. In fact, one you are approved, you could get 20,000 bonus points just for making your first purchase! Aside from that, though, you can earn also a single point for every £1 spent. Certain transactions, like those concomitant with major airlines, car rentals, rail tickets, lodging, and travel packages or travel agency services, warrant double points. You can even earn points for some transaction that might utilize foreign money! Altogether, this is perfect if you love to travel abroad or need to do so for business.

The American Express Preferred Rewards Gold Card also comes with practical services like Travel Inconvenience Benefits, which helps to ensure that your travel experiences always go as smoothly as possible. Obviously, you cannot prevent every little problem that could occur, but this program, basically, acts as a contingency plan. Furthermore, Global Assist provides you with guidance in foreign places, helping you find your way around. Finally, Purchases Refund Protection ensures that you can return and exchange things that you buy no matter where you might be in the world, and for whatever reason. How is that for peace of mind?

However, as a gold card member, you can also enjoy a moderately lower annual fee as well as the ability to redeem your Membership Rewards Points with travel partners like British Airways, Eurostar, Hilton, Sheraton, and Virgin Atlantic. As an American Express card holder, you will also appreciate many of the same benefits that you have come to expect from this premier financial company, including exclusive benefits not offered by other credit card companies which can get you access to highly coveted events as well as several other surprising discounts on products and services around the world.

Reward Types: - Other Rewards Cards
- Travel Reward Cards
- Universal Reward Cards
Reward Unit: Point
Rewards: - 20,000 bonus points
- Double points on travel spend
- Double points on petrol and supermarket purchases for your first year
- 1 point for virtually every £1 you spend elsewhere
- Transfer points to 10 major frequent flyer programmes
Expiration: None*
Yearly Limit: None*
Other Benefits: - Purchase Protection
- Refund Protection
- Travel Accident Insurance
- Travel Inconvenience Insurance
- 24/7 Customer support
Comments: To apply online for the Preferred Rewards Gold Card, you will need to confirm the following information:
- I am aged 18 or over
- I have a current UK bank or building society account
- I have a permanent UK home address
- I have a household income of at least £20,000
- I have no history of bad debt
- And if self-employed, I have been working for more than one year

To help you to quantify 20,000 bonus points into rewards for you, below are a few ideas of what you
could get for your bonus points:
* British Airways = 2 return flights to Paris, Stuttgart, Amsterdam, Brussels, Munich, Zurich
* Virgin Atlantic = upgrade to Premium Economy
* Hilton Honours = 5 free nights
* Starwood Hotels = 3 free nights
* Delta = 1 return flight to the Middle East
Online Account Access: Yes
Introductory APR: N/A*
Introductory Period: N/A*
Representative APR: N/A*
Annual Fee: £75.00*
Grace Period: 45 days*
Min Finance Charge: £1.00
Late Payment Fee: £12.00*
Over Limit Fee: £12.00
Balance Transfer: No
APR Cash Advances: 27.90%
Cash Advance Fee: 3.00%
Minimum Fee: £3.00
Additional Fees Copy Statement: £2 for an additional copy of each statement
Foreign Exchange: 2.99% conversion commission
Apply Now


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† Information concerning the American Express Preferred Rewards Gold Card is confirmed to be accurate at the time of publication (Aug 16, 2011). We strive to keep this information updated but cannot guarantee its accuracy. Readers are strongly advised to go through appropriate terms and conditions attached to a product before submitting the application.




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