Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.
American Express Rewards Purchases Credit Card review
This card is no longer available, but you can use this page to compare alternatives.
As of October 2019, this card has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to find a good alternative.
Finder rating: ★★★★★
Doing its job: 3.5/5
In a nutshell:
0% interest on purchases
Earn 1 point
per £1 spent
|Rep. APR||22.9% p.a. (variable)|
|Incentive||Earn 1 Membership Rewards® point for every £1 spent.|
|Additional Rewards Info||Refund Protection (90 days to return, receive max £200 per item, max £750 per annum). Global Assist - 24/7 help available when travelling outside the UK. Access to tickets for must-see music, theatre and film events, often before they go on sale to the general public with American Express Experiences. Eligible for American Express Connect where cardmembers can choose offers from selected retailers to obtain discounts or cashback.|
|Purchases||0% for 18 months reverting to 22.9%|
|Purchases interest-free period (days)||56|
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
Amex isn’t usually associated with 0% deals, but this card is a rare exception. It’s not dissimilar to other cards in the Amex range, but instead of a welcome bonus of a few thousand Membership Rewards Points, you’ll get an introductory break from interest on purchases. This might appeal if, say, you’re looking to buy a new-used car (or any other big outlay) on a credit card and need to spread the cost over several months. Just remember that when the 18 months are up, the card’s less-appealing standard rate will kick in.
If you decide to hang onto the card after the 0% offer has expired, provided you clear your balance in full each month, you’ll be able to take advantage of the card’s ongoing interest-free grace period on purchases – meaning it doesn’t have to cost you a penny (but you’ll still earn points on all your spending). If you do end up carrying a balance from month to month at that point, however, what you’ll pay in interest will almost certainly outweigh what you’ll earn in rewards.
As with all Amex cards, you’ll be able to enjoy exclusive discounts and pre-sale gig tickets through the American Express Experiences (formerly Invites) programme – an excellent way to gain brownie points with family and friends.
How does this card compare with others that earn Amex reward points?
When it comes to repayments, you can make manual repayments online or over the phone (0800 917 8047), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the American Express Rewards Purchases Credit Card
You can apply through the Amex site, or by clicking “Go to site” at the top of this page. You’ll need to complete an online application form, which should take less than 15 minutes.
Before applying, make sure you meet the American Express eligibility criteria. You’ll also need to provide personal and financial details as part of your application.
Frequently asked questions
How does 0% interest work?
Can I still earn reward points if I’m not paying interest?
What happens if I don’t pay off my balance each month?
How do I know my credit limit?