Amex BA Premium Plus sign up bonus convert to Nectar Points

c1995

Hi there,
As a Nectar Amex holder I put all my spend through this card and net a handsome amount of nectar points on a monthly basis.
Recently Avios was announced as a partner of Nectar so I thought of the below plan to gain some more nectar points, because why not? Free money!
I'm thinking of applying for the British Airways Premium Plus Amex card which gives a signup bonus of 25,000 avios when spending £3000 in 3 months.
Plus at an earning rate of 1.5 Avios per £ spent this should bring me to 29,500 Avios. Could I earn an extra 1000 Avios being referred or does this not apply with me being an existing Amex customer? Best case = 30,500 Avios.
Avios convert to Nectar at a rate of 1 Avios:1.6 Nectar = £244 worth of Nectar points.
Annual fee of this card is £195 and you can cancel pro-rata, so say I cancel after the bonus is received, 3 months is around £65. After closing I'll go back to spending on my Nectar Amex.
This nets me £179 in Nectar points.
Can anyone see any faults with this plan? Any issues applying for BAPP as an existing card holder? Or has anyone else already beaten me to this plan?

jay1804

Seem fine, not sure on the referral if you're already a cardmember. You may want to wait until there's an increased sign up offer, sometimes you can get 30,000 Avios.

c1995

jay1804 said:

Seem fine, not sure on the referral if you're already a cardmember. You may want to wait until there's an increased sign up offer, sometimes you can get 30,000 Avios.

Good point! Thanks!

MDMD

Be careful, sometimes the sign up bonus won’t apply if you have had any Amex card in the last two years, read this article and see if you will get it

https://www.headforpoints.com/2020/12/28/what-amex-sign-up-bonuses-are-you-still-eligible-for/

c1995

MDMD said:

Be careful, sometimes the sign up bonus won’t apply if you have had any Amex card in the last two years, read this article and see if you will get it

https://www.headforpoints.com/2020/12/28/what-amex-sign-up-bonuses-are-you-still-eligible-for/

Yeah I’ve only had the Nectar Amex so can see I am eligible for the BAPP and Platinum bonuses :-)

Jumblebumble

c1995 said:

Hi there,
As a Nectar Amex holder I put all my spend through this card and net a handsome amount of nectar points on a monthly basis.
Recently Avios was announced as a partner of Nectar so I thought of the below plan to gain some more nectar points, because why not? Free money!
I'm thinking of applying for the British Airways Premium Plus Amex card which gives a signup bonus of 25,000 avios when spending £3000 in 3 months.
Plus at an earning rate of 1.5 Avios per £ spent this should bring me to 29,500 Avios. Could I earn an extra 1000 Avios being referred or does this not apply with me being an existing Amex customer? Best case = 30,500 Avios.
Avios convert to Nectar at a rate of 1 Avios:1.6 Nectar = £244 worth of Nectar points.
Annual fee of this card is £195 and you can cancel pro-rata, so say I cancel after the bonus is received, 3 months is around £65. After closing I'll go back to spending on my Nectar Amex.
This nets me £179 in Nectar points.
Can anyone see any faults with this plan? Any issues applying for BAPP as an existing card holder? Or has anyone else already beaten me to this plan?

My advice is not to self refer as my understanding is that Amex have a big dislike to people doing  this.
If you need a referral code then you can PM me

c1995

Jumblebumble said:

c1995 said:

Hi there,
As a Nectar Amex holder I put all my spend through this card and net a handsome amount of nectar points on a monthly basis.
Recently Avios was announced as a partner of Nectar so I thought of the below plan to gain some more nectar points, because why not? Free money!
I'm thinking of applying for the British Airways Premium Plus Amex card which gives a signup bonus of 25,000 avios when spending £3000 in 3 months.
Plus at an earning rate of 1.5 Avios per £ spent this should bring me to 29,500 Avios. Could I earn an extra 1000 Avios being referred or does this not apply with me being an existing Amex customer? Best case = 30,500 Avios.
Avios convert to Nectar at a rate of 1 Avios:1.6 Nectar = £244 worth of Nectar points.
Annual fee of this card is £195 and you can cancel pro-rata, so say I cancel after the bonus is received, 3 months is around £65. After closing I'll go back to spending on my Nectar Amex.
This nets me £179 in Nectar points.
Can anyone see any faults with this plan? Any issues applying for BAPP as an existing card holder? Or has anyone else already beaten me to this plan?

My advice is not to self refer as my understanding is that Amex have a big dislike to people doing  this.
If you need a referral code then you can PM me

Thanks, but after further digging it looks like it will be more lucrative to go via Topcashback who are offering £45 

dcfc67

If you have had an AMEX in the last 2 years you won't get the sign up bonus, Its in the T's & C's..
I cancelled mine just over a year ago so come Xmas can apply again, max out to spend the 3K and get the bonus

c1995

dcfc67 said:

If you have had an AMEX in the last 2 years you won't get the sign up bonus, Its in the T's & C's..
I cancelled mine just over a year ago so come Xmas can apply again, max out to spend the 3K and get the bonus

If you see the above head for points article, I am eligible for bonuses on the BAPP and Platinum cards having only ever had a Nectar Amex. 

Scotch_Bonnet_

Good morning, can someone please tell me what BAPP is please?
Many thanks

Scotch_Bonnet_

I think I just worked it out. More coffee needed I think...