I figured that there was enough of us interested in Amex to start an actual dedicated thread for it - Saves having to trawl through a load of different threads when something Amex related comes up.
I’ve just received my BA Premium Card, and other than the card being very nice (all my Amex cards have been quality), the actual tier seems to be overlooked quite a bit.
To recap a rather disappointing change of terms, Amex recently stopped people getting the welcome bonuses if you’ve had a card in the past 2 years. But… there are a few exceptions.
I had the Gold rewards card for the past 11 months and it’s been great (I only ever swap for Avios/BA points).
I couldn’t get the welcome bonus on any other card, except for the BA Premium Amex card (and it’s a hefty bonus as well).
For any family (or single person who spends 10K per year), it can hold incredibly good value…
In year 1 alone, you’ll get the 25,000 bonus points for spending 3K in the first 3 months, and a 2-4-1 voucher (which lasts 2 years) if you spend 10K in the first year.
So that’s a minimum of 35,000 BA points, and it’s only 10-15K to fly a round trip to anywhere in Europe (usually that would be for each person, but if you use your 2-4-1 voucher it would cost you no more than 15,000 points).
Don’t forget it includes a host of travel insurance options (see their website for details).
For families starting off, you could save up the voucher in year one, and use 2 vouchers together in year two for the whole family (well… 4 People).
It has the potential to be the biggest “reward” of any credit card out there (for me, I’ve saved well over £1,000 in 2 years of using BA points accrued through Amex).
I’d usually be put off by the price tag, but in hindsight, paying £195 for the card will save me a minimum of £500 per year, and likely much more.
Best we don’t start spamming referral links, but happy to provide one if people are interested (just DM me) - Likewise, having been an Amex customer for the past 10 years, if there’s anything else you want to know, just ask.
Finally, the app itself is slick, they provide instant notifications, and the customer service is the best of any bank or FinTech I’ve had the pleasure of speaking to.
PS. No, I don’t struggle with acceptance There are still some places that don’t accept Amex, but I probably come across 1 every other month, and it’s never a large amount.