TAP Miles&Go American Express
First Electronic Bank$79 a yearAmerican ExpressNo foreign transaction feeIssuer's page
A fair time to apply if the card fits how you spend.
Already have it? Keep it if what you use each year covers the fee.
Welcome bonus
40,000points
after $2,500 in purchases in the first 3 months
Family Rules, 1 per 60 Days and 1 more. Am I eligible?
A typical spender, at Miles' point values.
| First-year value | Amount |
|---|---|
| Welcome bonus40,000 points at 1¢ | $400 |
| Rewards above a 2% no-fee cardvs Double Cash, on $32,500 typical spend | $0 |
| Annual fee | −$79 |
| Meeting the $2,500 minimumearns 1% here vs 2% on Double Cash | −$25 |
| First year | $296 |
| Each year after | −$9 |
Not counted in the first year: protections (each year after counts them).
Earning
| Rate | Category | Return |
|---|---|---|
| 2X | Car rentals | 2% |
| 2X | Hotels | 2% |
| 2X | Rideshare | 2% |
| 3X | TAP Air Portugal purchases | 3% |
| 1X | Everything else | 1% |
Personal card · Earns TAP Air Portugal Miles&Go
Benefits
Lounge Access (1)
- TAP Premium Lounge at Lisbon Airport (2 visits/year): paid guests allowed
Elite status (1)
- TAP Air Portugal Miles&Go: Earn 1 status mile for every 5 miles earned from spend (up to 10K status miles per annual qualification period)
Protections (2)
- Purchase Protection, Covers eligible purchases against damage or theft for 90 days
- Extended Warranty, Extends manufacturer warranty by up to 1 year
Other Perks
- Preferred boarding for cardholder and travel companions
- Two complimentary checked bags annually (one per booking)
Sources and methodology
First-year value is Miles' estimate for a typical spender: the welcome bonus at Miles' point values, plus the rewards this card earns above the best no-annual-fee card's everyday rate on a typical year of spending, plus credits at the share a typical holder uses rather than their face value, plus any certificate or free night earned in that year, minus the first-year fee and the cost of putting the minimum spend on this card instead of that one.
Lounge access, elite status, other benefits, purchase and travel protections, and a certificate or free night that arrives on the card's anniversary are listed beside the first-year figure, not in it. Each year after counts them, with the rewards and credits, less the annual fee. A credit or benefit that needs a spend or a stay counts only where its condition is printed beside it, and credits gated on spend most people never reach are left out.
The fee, offer, earning rates, credits and protections come from the card's record in the Miles dataset, kept against the issuer's own terms. The verdict line is chosen from a fixed set of sentences by Miles' analysis of the offer and the card; nothing on this page is written by hand for one card.
Recent changes
- changed from null to TAP Miles&GoOct 8, 2026
- changed from null to 2500Aug 13, 2026
- changed from null to 90Aug 13, 2026