If you are want to earn tons of air miles game in the UK then you need to consider AMEX BA vs American Express Gold. However hot off the press, American Express have announced another blow to air miles collectors in the UK. Cardholders who reach their AMEX Gold card anniversary after 29th February 2024 will see the card membership fee increase from £160 to £195. So, what does this mean for your choice of American Express airmiles cards in the UK?
The American Express Gold card carries an annual fee of £195 from February (for card renewals before 29th February 2024, the annual membership fee will be £160), whilst the British Airways Premium card charges £250 annually. However, Amex Gold waives their fee for the first year, so if you follow my churn and burn strategies, you will never pay a penny for this card.
Sadly, there is no way to avoid the British Airways Premium card fee. If you want the perks you have to pay.
Winner: Amex gold
Sign up bonus
Amex Gold rewards members with 25,000 Membership Rewards (26,000 if you use this referral link) when you spend £3,000 in your first three months of membership. You must sign up before the 9 January 2024 to qualify for this reward.
Winner: tied currently
With AMEX Gold you earn 1 Membership Reward for every £1 you spend. For every £5,000 you spend, you will also get 2,500 bonus points, up to a maximum of 12,500 points per year. This means that if you spend £25,000 on the card you will earn 1.5 points for every £1 you spend. If you spend less than £5,000 you will only earn 1 point per £1.
The BA Premium card rewards you with 1.5 AVIOS for every £1 spent. Unless you will spend over £25,000 or less than £5,000 the earnings potential is the same.
The BA Premium card rewards cardholders with 3 x AVIOS for every £1 spent on British Airways holidays and flights. AMEX Gold rewards members with 3 x membership rewards on AMEX travel spend or 2 x for flight bookings.
The BA premium card rewards holders with a companion ticket once they spend £10,000 in a year. Amex Gold has no such offer, and this perk is a gem! This voucher is what allows Jason and I to fly business for less than economy. Using only enough AVIOS for one flight, you can book seats for two people to travel. You still have to pay the extortionate fees and taxes, but this is the way to bag flights in Business and First for less than what you would pay for two flights in economy.
AMEX Gold does not offer a companion voucher but does offer 4 free Priority Pass airport lounge visits every year. Take your pick from over 1,300 airports globally. I estimate the value of this to be at best £200, yet I have saved thousands using the companion voucher so this perk wins the day here. Plus, if you use it to fly in style, as I do, you won’t need Lounge Club access anyway. You will be sipping champagne in style!
Winner: BA Premium card
The downside to the BA Premium card, is that it can only be used to collect AVIOS, which can be redeemed in the OneWorld alliance. Furthermore, the companion ticket can only be used for redemptions with British Airways.
On the other hand, the AMEX Gold membership rewards can be transferred to 12 airline partners. This provides much greater flexibility when you decide to redeem but without the companion ticket you will need a lot more points to book for two.
Winner: Amex Gold
What do you savvy bunch think?
As you can see it is difficult to pick and out and out winner. It might come down to where you want to go and who you want to fly with. If you plan to fly British Airways, BA Premium card is your best bet. If you want to fly with another airline then AMEX Gold rules the roost. But, what do you think?