American Express Preferred Rewards Gold Credit Card 2026 Review

Annual fee
£160
Rewards rate
2%-1%
Welcome Bonus
40,000 points
Apply Now →on American Express's website
Regular APR:85.8% APR variable

  • 2%Points on travel purchases
  • 1%Points on all other purchases

Welcome Bonus:

Earn 40,000 Membership Rewards points when you spend £3,000 within the first three months.

Reward Rate:

Earn 2 Membership Rewards points for every £1 spent on travel and 1 point for every £1 spent on other purchases.

APR:

85.8% APR variable

What sets the American Express Preferred Rewards Gold Credit Card apart is its attractive welcome bonus and the ability to earn double points on travel purchases. This card is particularly appealing for those who want to maximize their rewards without a hefty annual fee in the first year.

Pros:

  • No annual fee for the first year
  • Good rewards on travel spending

Cons:

  • Annual fee after the first year
  • Limited benefits compared to premium cards
Apply now →

The American Express Preferred Rewards Gold Credit Card is well-suited for frequent travelers and those who can take advantage of its generous rewards structure, especially the double points on travel purchases. With its competitive welcome bonus and manageable annual fee, it may appeal to consumers looking to enhance their rewards experience while maintaining cost-effectiveness.

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