NOL is getting closer and it turns out you can get a £ 150 Amazon Voucher just for doing your Christmas shopping.

Money saving expert Martin Lewis says now is the time to get a reward credit card – as long as you can pay off the card in full every month – and with it you will get vouchers.

Signing up for the American Express Preferred Rewards Gold card can earn you £ 150 in Amazon vouchers or £ 264 in Nectar points.

Martin lewis explains: “This is the perfect time to collect a reward credit card. These pay you to spend them – and best of all, they often pay introductory bonuses in the first few months.

“Right now this coincides with most people’s highest spending time of the year, and luckily some of these bonus offers have been amplified.

“However, do this ONLY if you pay off the card in full each month, preferably by direct debit, so there is no point.

“To get the bonuses, you usually have to press a spending trigger.

“Don’t see this as an excuse to spend more, rather see it as a reason to put all the usual expenses on the card.

“So the key is to look at what you’re probably going to spend and see which deal is maximizing your payout. ”

How to get the Amazon voucher

To earn the rewards with the American Express card, you will need to spend £ 3,000 in the first three months.

This would give you 30,000 Amex reward points, after temporarily increasing their bonus to 20,000.

MoneySavingExpert’s advice adds: “To get this you have to spend £ 3,000 on it in the first three months.

“And since you also get a regular point for £ 1, you would have a total of 33,000 points – which you can redeem for £ 150 in Amazon vouchers, M&S etc. or convert into £ 264 of Sainsbury’s shopping via Nectar Points.

“So if you think you’re going to hit the £ 3,000 that’s a real winner.

“The card is free the first year, but £ 140 a year thereafter, so once you have the bonus remember to cancel within a year if you don’t want to pay it off.

“The card has an APR of 24.5% if you don’t pay it in full (examples of APRs).

“And you won’t be eligible for the introductory bonus if you’ve had a personal Amex within the past two years.”

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