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£272 cashback on £3000 spend with AMEX

1 reply

SergeySl · 12/10/2022 00:17

AMEX has given me a friend-invite link with exceptionally large cashback: 34000 points for 3000 spend in the first 3 months.

Link: americanexpress.com/en-gb/referral/sERGEs3eAy?XLINK=MYCP "Your friend will receive 34,000 Membership Rewards points when they apply for the American Express® Preferred Rewards Gold Credit Card, are approved and spend £3,000 in their first 3 months of Cardmembership."
Now, about this card: It has a stupid-high 60% APR and stupid high fee of £140 per year, but waived for the first year. So, you need to pay in full and you need to cancel before the year 2 starts. That's it. And you bag 5.5% cashback on all your spend if you spend £3000 in first 3 months. It's easy to spend, just buy Tesco giftcards in store , or other giftcards via TopGiftCards. To get £272 cashback, you convert 34000 points to 34000 Avios, and then you convert Avios to Nectar at a rate 400 nectar for 250 avios. This way, you arrive at £272 cashback to spend in Argos/Sainsburys or on ebay.

OP posts:
Stubie · 23/10/2022 11:17

The Amex Platinum card is very good too, large annual fee but if you can make the most of the benefits and points it gives good value.
You can also share some of the benefits by adding additional card holders to your account
americanexpress.com/en-gb/referral/sTUARFL8x5?XL=MNMNS

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