If you are looking to sign up for the American Express Preferred Rewards Gold Credit Card you might be wondering what the sign-up bonus of 10000 Amex points is worth? (You’ll need to spend £3,000 within 3 months to get it.) Or where you can fly to for 10000 Amex points? Read on to find out!
Am I eligible for the 10000 Amex points sign-up bonus?
To be eligible for this bonus you can’t have held or current hold any personal American Express in the last 24 months. By taking this card out you also stop yourself getting a bonus on any other personal American Express card except for the British Airways American Express® Premium Plus Card. For further information on eligibility take a look at our article here – https://pointsuncovered.com/american-express/amex-changes-sign-up-bonus-eligibility/
This is my experience using the points system and is not a recommendation of any financial product. There are other credit cards which can earn you travel points including IHG credit card, Tesco Credit Cards (by exchanging Clubcard points for avios, hotel stays and more) & Virgin Atlantic credit card. If you use one of my links for a referral 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.
One of my favourite things about British Airways and Avios is their reward flight saver scheme (RFS.) This caps economy returns at £35pp and business at £50pp in Europe. You’re eligible as long as you’ve collected at least one Avios in the past 12 months. It’s important to note this might not be the cheapest way to travel with your avios points, also check reward flights as two single fares as occasionally this will be cheaper.
10000 Amex Points converts to 10000 Avios so here is where that could get you…
The card earns 1 Membership Reward Point per pound so meeting the spend target will also give you an additional 3000 Amex points. If you are referred you will receive an additional 2000 Amex points on top of this. A total of 15,000 Membership Reward points (converts to 15,000 avios) before any additional spending.
1 return economy seats from London to Zone 1 destinations in Europe which include Amsterdam, Berlin, Copenhagen & Paris for 8000 points (off peak, 9000 points peak) & £35 per person.
If you are referred for the extra bonus points you could also do 1 return economy seat from London to Zone 2 destinations in Europe which include Venice, Budapest & Ibiza. This will cost you 13000 points (off peak, 15000 points peak) & £35.
For a full breakdown of which destinations full in these zones take a look below
What value should I be aiming to get on an avios redemption?
Unless you are travelling in Europe do not redeem avios points for economy. This often is very poor value (points to pence) and you’d be better off paying cash for economy or redeeming for a business or first redemption. With avios points I aim for at least 1p to a point, but depending on how you earn your points/how you normally fly you may have a different valuation of your points. If you often fly budget airlines in Europe you may find saving your points for premium long haul redemptions better value!
Let us know where you’ve flown to for 10000 Amex Points or less in the comments below!
We aren't financial experts, we write from a journalistic perspective, so please don't take anything we say as gospel. Seek independent advice as we can't accept liability if our tips/information aren't suitable for yourself.
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