Get 40000 Avios With The BA Premium Plus Amex

Until the 28th of February, American Express has increased the sign-up bonus on the British Airways Premium Plus American Express Preferred Rewards Gold Card from 25000 to 40000 Avios. The 40000 Avios sign-up bonus is as generous as it gets on this card.

You need to spend £3,000 within 3 months days to get the 40000 Avios sign-up bonus. This equates to £1,000 a month worth of spending on the card.

To get the sign-up bonus you cannot of held or currently hold an Avios earning card in the last 24 months to be eligible for a sign-up bonus. You can hold another personal American Express card and still be eligible for the sign-up bonus.

This is my experience using the points system and is not a recommendation of any financial product. There are other credit cards that can earn you travel points including IHG credit card, Tesco Credit Cards (by exchanging Clubcard points for Virgin points, hotel stays and more) & Virgin Atlantic credit card. If you use one of my referral links to an American Express card upon you being accepted I will receive points, this varies between 9,000 – 18,000 depending on the card I refer you from.

The interest rate on the card is 101.1% APR variable, based on a notional £1,200 credit limit and a £250 annual fee. The interest rate on purchases is 24.5% APR variable.

What are the 40000 Avios worth?

They can be redeemed for 40,000 Avios (flights) this will give you enough points for a Business Class return (‘taxes & fees’ will be due also) to Zone 1,2 & 3 locations including Milan, Paphos & Venice. You could also get a one-way premium economy ticket to zone 5 destinations including New York, Dubai or Montreal. To view all the locations and options you have see here – https://pointsuncovered.com/avios/how-many-avios-does-a-flight-cost-in-2021/

Alternatively, they can be converted into Nectar points you’d get 64,000 Nectar points worth £320 (Sainsbury’s, eBay, Argos etc.)

How do I get the 40000 Avios?

You need to spend £3,000 in 3 months. That means you need to be able to put £1000 a month or £250 a week on your card to meet the sign-up bonus.

Are there any other benefits?

In addition to earning 1.5 Avios (3 Avios on British Airways or BA Holidays spend) per £1 on all qualifying spend the BA Premium Plus Amex comes with (in our opinion) the most valuable credit card perk in the UK. If you spend £10,000 in a year you’ll receive a 2-4-1 voucher valid for two years. This allows you to get 2 tickets for the price of one in Avios, the cash element of ‘taxes and charges’ would still be due for both tickets. For example, if you were to book a peak business class return to New York from London the 2-4-1 voucher would save you 120,000 Avios on a return for 2 people. Based on our valuation of 1p per Avios this is worth £1,200! Obviously, there are more expensive and cheaper options you can also choose from.

The voucher also has the benefit of potentially opening more business class seats for you by booking into I-class when seats are available. This isn’t available to users booking without a 2-4-1 voucher. To see how this works in practice we made some dummy searches with and without a voucher to show you the potential extra availability you might see – https://pointsuncovered.com/british-airways/is-the-new-ba-amex-2-4-1-voucher-any-good/

What about the annual fee?

There is an annual fee of £250 BUT it is pro-rata refunded when you cancel. For example, if you cancelled after 3 months you’d receive a refund of £187.50 meaning a potential outlay of just £62.50 for 40000 Avios.

If you are eligible for the sign-up bonus look at the numbers… 40,000 Avios what we value at 1p each, means £400 worth of value, take the annual fee of £250 leaves us with £150 profit in the first year. Or if you convert into Nectar you’d get 64,000 Nectar points worth £320, which means you’d be £70 in profit… If you cancelled after 3 months and took the Avios you’d be left with £337.50 worth of Avios ‘profit’ and £257.50 worth of Nectar point ‘profit’

Will I be eligible to get the card?

There is no minimum income requirement for the card. As long as you are a UK resident that is 18+ with no history of bad credit you have a good chance of being accepted!

Can my partner, family member or friend get one too?

Of course! There are NO limits to how many people in your household can have a card. If you got one card you could then refer your family member/friend etc for extra Avios (currently 12,000 (normally 9,000 Avios) from the BA Premium Plus card.) This way the points soon stack up! If you (referred) and one other person you referred got the BA Premium Plus card and met the spending target (make sure you are both eligible) you’d have 96,000 Avios points when pooled together! That would get you a Business Class seat pretty much anywhere BA flies too (other than Sydney!) Continue to save and use a 2-4-1 voucher and those Business Class return seats to your dream destination won’t see so far out of reach!

To get a referral (you will receive 2000 extra bonus Avios for meeting your spend target on the BA Premium Plus Card) go here – https://pointsuncovered.com/amex-referral-link-uk/

If you don’t want to be referred or just want to read more about the BA Premium Plus card go here – https://www.americanexpress.com/uk/credit-cards/ba-premium-plus-credit-card

Are you tempted by the increased sign-up bonus to take out the BA Premium Plus Amex?