A boosted referral offer is running until 12th May 2021.
There are loads of ways you can get more from an American Express credit card other than the ongoing cashback rewards. And they start when you first apply.
First is either a referral bonus or cashback site bonus. These generally are worth between £10 and £25, depending on the card and where you get the link.
Next is the welcome bonus for those who haven’t had an Amex in 24 months. These come with cashback, reward and points based cards. These can easily be worth £100 or more, depending on the card.
Finally there are extra offers available every month on the card, with the Shop Small promotion among my favourites.
Here are some of the special deals running right now.
Referral & cashback site offers
Here are the top ones to consider.
Referral welcome bonus
Most Amex cards will give an extra bonus for signing up via a referral link.
Obviously you can ask your friends and family if they have a link they can share with you, which you can use for any Amex you like – not just the one they have. They’ll also get a kickback for sharing their link.
If you don’t have anyone then you can use this link here. I won’t get the money on this as it’s limited to how much one person can earn in a year, but you’ll still get the increased offer.
Cashback site welcome bonus
An alternative to referral bonuses which can sometimes pay better is to go via Quidco or TopCashback. It’s worth checking both sites to see which one pays more, and then comparing the rate to the referral bonuses.
If you’re not with either cashback site then you can also nab an extra welcome bonus on those too!
The American Express Preferred Rewards credit listed above is the best welcome deal as long as you can spend £3,000 in three months.
If not, the American Express Platinum Cashback credit card offers 5% on the first £2,500 in the first three months. Spend less and you’ll still get the bonus rate.
I’ll add more detail on these soon. In the meantime check out my list of the best credit card promotions and offers.
Up to £200 back at restaurants with Platinium
This offer is for people with the full Platinum Amex, not the cashback versions. Until 31 December 2021 you’ll get £200 dining credit to use at some top restaurants. Most do seem to be in London but there are a few around the country (mainly the Ivy chain).
As with most Amex offers, you’ll need to add it to your card. It’s limited to the main card holder only so can’t be added to supplementary cards.
The card comes with a massive £575 annual fee so I wouldn’t apply just for this offer (indeed there’s no guarantee it’ll be available to newbies) – but if you do go for it, the fee will be prorated if you cancel.
This is my favourite Amex offer and usually runs in mid-December for two weeks.
More details in my full Shop Small guide here.