Amex Preferred Rewards Gold Credit Card 2026 Review

Annual fee
£0
Rewards rate
1%-2%
Welcome Bonus
20,000 points
Apply Now →on American Express's website
Regular APR:85.8% Variable APR

  • 1%Membership Rewards points on general spending
  • 2%Membership Rewards points on airlines and foreign currency

Welcome Bonus:

Offers 20,000 bonus Membership Rewards points for spending £3,000 in the first three months.

Reward Rate:

1 Membership Rewards point per £1 spent, with double points on airlines and foreign currency.

APR:

85.8% Variable APR

The standout feature of the Amex Preferred Rewards Gold Credit Card is its substantial welcome bonus of 20,000 Membership Rewards points, which provides excellent value for new cardholders looking to maximize their rewards from the outset.

Pros:

  • Generous welcome bonus
  • Free for the first year

Cons:

  • High annual fee after the first year
  • APR is relatively high
Apply now →

The Amex Preferred Rewards Gold Credit Card is well-suited for individuals who frequently dine out or travel, allowing them to benefit from enhanced rewards on these categories. With no annual fee and a generous welcome bonus, it offers a compelling option for new cardholders aiming to accumulate Membership Rewards points efficiently.

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