This credit card is perfect for those looking to turn daily spending into flexible rewards, with no annual fee to worry about. However, it's important to weigh the benefits and potential downsides to see if it aligns with your financial goals.
The American Express® Rewards Credit Card Advantages
- Refer-a-Friend Rewards: Earn up to 90,000 points annually by inviting friends to join American Express. You'll receive at least 4,000 points for each successful referral, providing a simple way to boost your rewards.
- Flexible Repayment Options: With Plan It™, you can split purchases of £100 or more into monthly instalments with a fixed fee, no credit checks, and no interest charges.
- Comprehensive Shopping Protection: Enjoy Purchase Protection, Refund Protection, and Fraud Protection, ensuring your purchases are safe and your money is secure.
- Travel Assistance and Insurance: Get access to Global Assist® and Travel Accident Insurance, providing you with peace of mind when travelling abroad.
The American Express® Rewards Credit Card Disadvantages
- High APR: The card has a representative APR of 30.7% (variable), which may be costly if you carry a balance from month to month.
- Limited Point Redemption Options: While you can redeem points at popular partners like Amazon, Boots, and Currys PC World, other redemption options may be limited compared to cards with cashback options.
- Welcome Bonus Eligibility Restrictions: If you’ve held any personal American Express card in the past 24 months, you won’t be eligible for the 10,000-point welcome bonus.
How to Apply for the American Express® Rewards Credit Card
- Check your eligibility: Visit the American Express website and use the eligibility checker. This step will not affect your credit score.
- Complete the online application: If eligible, fill out your application, which takes less than 10 minutes.
- Receive an instant decision: American Express may provide a decision within 60 seconds.
- Start collecting points: Once approved, you'll receive your card in the mail and can immediately start earning points on every purchase.
If you’re looking for a card that combines everyday spending with valuable rewards, the American Express® Rewards Credit Card is a top choice. You’ll earn 1 point for every £1 spent and get access to flexible redemption options like Amazon, Boots, and PayPal checkout. With a 10,000-point welcome bonus for new members and no annual fee, it’s an easy way to get rewarded for your spending. Click the button below to apply now, and you could receive a decision in just 60 seconds!
