I tend not to cover small business credit cards on Head for Points because they don’t offer great value.
There are, for example, two British Airways American Express Corporate Cards, which I discuss in this post on the On Business loyalty scheme. They are not desperately exciting, though, and usually have no sign-up bonus.
Reader Joe (thanks!) has tipped me off about what is genuinely a fantastic offer. Amex is currently offering 40,000 Membership Rewards points when you apply for the American Express Business Gold card.
Here are the basics:
- The card carries an annual fee of £125.
- Membership Rewards points from small business cards go into a separate Membership Rewards account to any personal MR account you have.
- You need to spend £3,000 in three months to get the 40,000 Membership Rewards points
- You earn 1 point per £1 when you spend on the card
Now, the question is ‘what does Amex count as a small business?’.
Here are the qualifications from the Amex website:
“To apply for the Gold Business Card, you should be able to say yes to the following.
- I am aged 18 or over
- The company has been trading for more than one year and has a current UK Bank or Building Society account
- My personal income is over £20,000
- I have a permanent UK home address
- I/The Business have/has no County Court Judgements for non-payment of debt
- Pay annual fee of £125 (Tax deductable)
I understand that I will not be eligible for any Welcome Bonus award if I have held any American Express Charge Cards in the past six months.”
What is not fully clear to me is whether the last point applies to YOU or to your COMPANY. Since this card is available to limited companies as well as sole traders, and as you need a company bank account to apply, I don’t see how the block on giving you the points if ‘you’ have any Amex Charge Cards could apply to a director, instead of the company itself. I cannot be certain of this though.
It is certainly an offer worth a look if you have your own company. If you have an Amex corporate card for your own small business, please share any experiences below.
Want to earn more points from credit cards? – January 2021 update
If you are looking to apply for a new credit or charge card, here are our January 2021 recommendations based on the current sign-up bonus.
British Airways American Express
5,000 Avios for signing up, no annual fee and a companion voucher for spending £20,000 Read our full review
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and the most generous non-Amex for day to day spending Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these:
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
British Airways Accelerating Business American Express
Earn both Avios and BA On Business points with your business spending Read our full review
Capital On Tap Business Rewards Visa
The most generous Avios Visa or Mastercard for a limited company Read our full review
Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points and do not consider interest rates, service levels or any impact on your credit history. By recommending credit cards on this site, I am – technically – acting as a credit broker. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker.