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American Express UK Credit card
American Express Preferred Rewards Gold Credit Card
Points
AMEX
Apply for American Express Preferred Rewards Gold Credit Card

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Card review

American Express Preferred Rewards Gold Credit Card

4.4 4.4 out of 5 8.8/10 DebitCue Score Verified

Premium rewards with a first-year free trial

Fee
£195 GBP/yr (≈ $240)
Annual fee waived in the first year
Purchase APR
29.1% - 85.8%
Interest-free
56 days
Foreign fee
2.99%
Rewards
1 Membership Rewards point per £1 on general spend; 2 points per £1 on foreign currency transactions and direct airline purchases; 3 points per £1 when booking travel through Amex Travel. Bonus 5,000 points at £10,000 annual spend; additional 5,000 at £20,000.
Welcome offer
20,000 Membership Rewards points when spending £3,000 in the first 3 months

Our verdict

What stands out, and where it falls short.

What we like

  • 1 Membership Rewards point per £1 on general spend;…
  • Welcome bonus
  • 56-day interest-free period
  • Airport lounge access
  • Travel insurance included

Worth weighing

  • £195 GBP/yr (≈ $240) card fee
  • 2.99% foreign transaction fee
  • High interest if you carry a balance

Who It Is For

Whether the American Express Preferred Rewards Gold Credit Card fits how you actually spend.

Pick it if you are

  • Frequent travelers
  • People who want rewards on their spending
  • Travelers who value airport lounges
  • People who pay big purchases off over time

Skip it if you are

  • Light spenders who won't beat the £195 GBP/yr (≈ $240) fee
  • Frequent international travelers

Rates and fees

As of

All amounts shown in GBP.

Card fee
£195 GBP/yr (≈ $240)
Purchase APR
29.1% - 85.8%
Interest-free period
56 days
Foreign transaction fee
2.99%
Representative APR
85.8% variable (incl. £195 fee); 29.1% in year one
Purchase Rate
29.1% p.a. variable
Non-Sterling Transaction Fee
2.99%

Rewards and features

Rewards
1 Membership Rewards point per £1 on general spend; 2 points per £1 on foreign currency transactions and direct airline purchases; 3 points per £1 when booking travel through Amex Travel. Bonus 5,000 points at £10,000 annual spend; additional 5,000 at £20,000.
Welcome offer
20,000 Membership Rewards points when spending £3,000 in the first 3 months
Installments
Flexible instalment plan available
Pay with
Apple Pay, Google Pay, Contactless
Points Earn Rate
1–3 pts/£1 depending on spend category; spend bonuses at £10k/£20k

Benefits and perks

Extras that come bundled with the card.

  • Priority Pass Lounge Access
    4 complimentary Priority Pass airport lounge visits per year; additional visits at £24 each
  • Deliveroo Credit
    £120 per year in Deliveroo credit (£5 monthly, up to £10/month cap)
  • Travel Accident Insurance
    Travel accident insurance subject to enrolment when travel purchased on card
  • Global Assist
    24/7 Global Assist emergency assistance service
  • Hotel In-Stay Credit
    $100 in-hotel credit at 1,300+ participating 4–5 star properties

Eligibility

What you need before you apply.

Bonus Eligibility
Must not have held any personal Amex card in previous 24 months

American Express Preferred Rewards Gold Credit Card: your questions answered

How much does the American Express Preferred Rewards Gold Credit Card cost?
The American Express Preferred Rewards Gold Credit Card costs £195 GBP/yr (≈ $240). Annual fee waived in the first year.
What rewards does the American Express Preferred Rewards Gold Credit Card earn?
The American Express Preferred Rewards Gold Credit Card earns 1 Membership Rewards point per £1 on general spend; 2 points per £1 on foreign currency transactions and direct airline purchases; 3 points per £1 when booking travel through Amex Travel. Bonus 5,000 points at £10,000 annual spend; additional 5,000 at £20,000..
Does the American Express Preferred Rewards Gold Credit Card charge foreign transaction fees?
Yes - the American Express Preferred Rewards Gold Credit Card charges a 2.99% foreign transaction fee.
Is there an interest-free period on the American Express Preferred Rewards Gold Credit Card?
Yes - up to 56 days interest-free when you pay your balance in full by the due date.
What is the interest rate on the American Express Preferred Rewards Gold Credit Card?
The American Express Preferred Rewards Gold Credit Card has a purchase APR of 29.1% - 85.8%.
Does the American Express Preferred Rewards Gold Credit Card have a welcome offer?
Yes - 20,000 Membership Rewards points when spending £3,000 in the first 3 months.
Can I pay in installments with the American Express Preferred Rewards Gold Credit Card?
Yes - Flexible instalment plan available.
Is the American Express Preferred Rewards Gold Credit Card a credit, debit or prepaid card?
The American Express Preferred Rewards Gold Credit Card is a credit card issued by American Express UK on the American Express network.
Does the American Express Preferred Rewards Gold Credit Card support Apple Pay and Google Pay?
Yes - the American Express Preferred Rewards Gold Credit Card works with both Apple Pay and Google Pay.
Where can I get the American Express Preferred Rewards Gold Credit Card?
The American Express Preferred Rewards Gold Credit Card is currently offered in United Kingdom.

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