About American Express
American Express is the UK's rewards powerhouse. Its range spans fee-free cashback cards, Membership Rewards points cards (transferable to Avios and hotels) and premium travel cards such as the Platinum, with lounge access and travel credits. Acceptance has improved greatly and is strong in cities and online, though a few small merchants still don't take Amex. Best for those who clear the balance and want to maximise rewards.
Pros
- Market-leading cashback and points (Avios, hotels)
- Premium travel perks (lounges) on Platinum
- Generous welcome bonuses
- Strong purchase protection
Cons
- Not accepted by some small merchants
- Premium cards carry annual fees
- Rewards only pay off if you clear the balance
Best for
Reward maximisers who pay their balance in full