American Express have updated the points bonuses available through their referral program for existing cardholders. This is a simple way to gain some extra bonus points from your American Express credit card account by referring friends or family for their own new account by using a personalised referral link.
Anyone with a qualifying American Express-issued card can make use of the referral program to earn more points. In this guide we run through how the referral program works.
Our picks for existing cardholders?
- 20,000 Qantas Points for referrals made by Qantas Ultimate cardholders, and there will be quite a few new cardholders out there who can consider making use of this thanks to the 100,000 Qantas Points on offer for new cardholders
- 20,000 Membership Rewards Gateway points for referrals made by American Express Explorer cardholders
- 20,000 Velocity points for referrals made by Velocity Platinum cardholders
Potential applicants will, of course, need to meet the approval criteria for the cards they apply for, be approved, and apply through your link for you both to pick up the bonus points.
Current referral bonus offers:
|Card||Points Currency||Points for Cardholder||Points for Applicant|
|Platinum Edge||Membership Rewards||10,000||15,000|
|Qantas Discovery||Qantas Points||10,000||15,000|
|Qantas Premium||Qantas Points||15,000||50,000|
|Qantas Ultimate||Qantas Points||20,000||110,000
+2,500 after spend with Qantas
|Velocity Escape||Velocity Points||10,000||15,000|
|Velocity Platinum||Velocity Points||20,000||80,000|
|David Jones||Membership Rewards||15,000||30,000|
|David Jones Platinum||Membership Rewards||20,000||40,000|
|Essential||Membership Rewards||10,000||$75 Statement Credit|
Updated as of 15th November 2016
Note that while you will receive your referral bonus points after the applicant has been approved, the applicant still needs to meet the minimum spend criteria to earn their own sign up bonus.
There are full terms that you should read as you go about creating your link for the full set of restrictions.
If you’re an existing cardholder we know you’ll want to share these, but please don’t add them as comments or posts to the Point Hacks community – we’d be inundated if everyone did this. Any added on the site will get removed.
Guide for the American Express Referral Program – where to start
American Express have simplified the referral site in the last couple of months to make it easier to share links out to Facebook, Email, LinkedIn or any other platform you choose.
How to generate your own referral link
Once you’re in the referral portal, log in. You’ll then see the offers outlined that you can refer others to:
Eligibility criteria for bonus points for existing American Express cardholders
American Express are quite specific about whether existing cardholders will be eligible for bonus points if they apply for a card, are approved, and meet the minimum spend criteria.
Firstly, if you hold a bank-issued American Express – e.g. from Westpac or from ANZ – that alone won’t affect whether you’re eligible for bonus points with an American Express branded card offer. There’s more in our guide to this here.
If you do already hold an American Express-issued card, then the type you hold impacts whether you’re eligible for a new cardholder bonus. American Express offer consumer (or personal) credit cards, consumer Charge cards, and business credit cards. If you hold a card in one of these categories and apply for a card in the same category, then you won’t be eligible for a bonus.
However if you hold a card in one category and apply for a new card in a different category, then you are eligible for the signup bonus. We’ve explained this in more detail here.
If you’re a current cardholder, the referral program is unique to American Express, and is one of the lesser known ways you can easily bump up your points balance – recommend a good card to someone who you know is interested in earning points and you’ll get a decent kickback.
We used to run a forum for members to share referral links here on Point Hacks, but with the volume of spam and manual overhead required to keep that out, it’s been removed.
Comments on this post are closed to prevent sharing of referral links on this guide, and same goes for the Questions / Deals section of the PH Community – allowing posting of referrals creates a lot of noise, so those will be deleted too.