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American Express® Preferred Rewards Gold Credit Card

My family is going on a once in a lifetime trip to New York with family friends, as one of them is turning 50. I am thinking about applying for a American Express® Preferred Rewards Gold Credit Card as you get two airport lounges passes included. It said it is free for the first year, then £140/year after that; if I cancel before one year passes will it not cost me anything? Also, does anyone know if my eldest son can apply for one if he already has an American Express credit card, and get it free for the first year + the airport lounge passes?

Many thanks in advance.

Comments

  • couriervanman
    couriervanman Posts: 1,667 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Yes it wont cost you anything if you cancel just before the year ends.....not sure about you son applying if he already has card with them as they changed the rules a week or so ago

    Go on the referral section on here and use somebody's referral link;) that way you get extra points and so does the person:D who refers you
  • Nile
    Nile Posts: 14,799 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi, we move threads if we think they’ll get more help elsewhere (please read the forum rule) so this post/thread has been moved to another board. If you have any questions about this policy please email forumteam@moneysavingexpert.com.

    I’ve moved your thread from the ‘I wanna’ board to the ‘Credit Cards’ board, where it is better suited.

    Regards

    Nile
    10 Dec 2007 - Led Zeppelin - I was there. :j [/COLOR]:cool2: I wear my 50 (gold/red/white) blood donations pin badge with pride. [/SIZE][/COLOR]Give blood, save a life. [/B]
  • You can cancel but don’t do it before you use the passes otherwise it will void them.
  • Beem1
    Beem1 Posts: 15 Forumite
    Once you cancel the card - the lounge passes are also cancelled
  • d_rok69
    d_rok69 Posts: 63 Forumite
    Tenth Anniversary Combo Breaker
    I was accepted for this card today and it says on the website it’s a credit card but I keep seeing people on here say it’s a charge card. What’s the difference
  • It used to be a charge card.

    It’s now a credit card
This discussion has been closed.
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