This article is advertisement feature by American Express
If you run your own business, small or large, it’s your lucky day. American Express® has relaunched the British Airways Accelerating Business Credit Card and it now comes with a substantial 60,000 Avios sign-up bonus for a limited time.
Even better, if you hold the personal British Airways American Express Credit Cards, you DO qualify to apply if you are a business owner.
Let’s take a look at the Card and what has changed. You can sign up here.
The Card has a representative APR of 96.7% variable, including the annual fee of £250, based on a notional credit limit of £1,200. The representive APR on purchases is 22.2% variable.
What is the British Airways Accelerating Business Credit Card?
In 2019, American Express launched a new British Airways Credit Card for SME’s – the British Airways American Express® Accelerating Business Credit Card (which I will now call “BA Amex Business” for short).
The sign-up bonus and the annual spend bonus consisted of On Business Points in BA’s small business loyalty scheme. Day to day spending on the Card earned Avios.
The new package is a lot easier to understand, with the sign-up bonus, annual spend bonuses and day to day spending all earning Avios.
Get 60,000 Avios as your sign-up bonus
From 1st September, the sign-up bonus has changed from On Business Points to Avios.
You will receive 60,000 Avios if you are accepted for the Card and spend £5,000 within three months.
This is the biggest ‘open to all new cardmembers’ sign up bonus we currently have on any American Express Business Card. The 40,000 Membership Rewards® points from American Express Business Platinum Card only convert into 40,000 Avios, whilst the bonus on American Express Business Gold Card is only worth 20,000 Avios.
The 60,000 Avios bonus is only available for a limited time. It will be available until at least 2nd November 2021 but the T&C state that it could be withdrawn at any point after that.
Do you qualify for the BA Amex Business sign-up bonus?
The Card previously had no restrictions on who could receive the bonus. This has now changed.
You qualify for the bonus as long as you haven’t held any American Express Business Card, including the British Airways Accelerating Business Card, in the previous 12 months.
You WILL receive the bonus if you currently only have personal American Express Cards. This means that you can apply if you have one of the personal British Airways American Express Cards.
What is the annual fee?
The annual fee for BA Amex Business is £250.
The annual fee should be tax deductible if you use the Card exclusively for business purposes.
What is the day to day earning rate?
There are two ways to earn points with the BA Amex Business Card:
- You earn 1.5 Avios for virtually every eligible £1 you spend on the Card, plus
- You earn 2 On Business Points for every £1 (double the standard rate of 1 point per £1) you spend with British Airways
On Business is the British Airways loyalty scheme for small businesses. If you are not a member, please read our full review of British Airways On Business here.
Earn 30,000 Avios each (calendar) year as an annual bonus
The annual spending bonus was previously paid as On Business Points but has now changed to Avios and is substantially more valuable.
You will receive 10,000 bonus Avios for every £20,000 of purchases you make on the Card.
You can earn this bonus up to three times per calendar year, meaning a maximum annual bonus of 30,000 Avios.
This means that, if you spent exactly £20,000 or £40,000 or £60,000 on the Card, you would be earning an average of 2 Avios per £1. No other card, either from American Express or elsewhere, can match this.
Are there any other benefits?
You get typical American Express Credit Card benefits:
- Up to 56 days to pay interest free
- Up to 99 FREE Supplementary Cards for your employees
- Travel inconvenience cover (with higher payouts if you or your baggage is delayed on a British Airways flight)
- Travel accident protection
- Purchase protection
- Refund protection
See this page of the American Express website for full details of these benefits.
Who can apply for the BA Amex Business Card?
There are few requirements to get BA Amex Business. To quote from the Amex website:
- The business has a current UK Bank or Building Society account
- You/The business have/has no County Court Judgements for non-payment of debt
- You are aged 18 or over
- You have a permanent UK home address
- You will pay the annual Cardmembership fee of £250
For sole traders, you can give details of your personal bank account. You do not need to have a dedicated business bank account.
These changes to the British Airways Accelerating Business Credit Card represent a substantial improvement to the overall package.
This is especially true if:
- you can trigger annual spend bonuses for spending £20,000+ on the Card each year, and/or
- you have substantial British Airways spending which will benefit from earning bonus On Business Points
An increased limited time sign-up bonus of 60,000 Avios for spending £5,000 in three months, if you qualify, is worth taking very seriously.
The Card has the same fee as the personal British Airways Premium Plus American Express Credit Card. However, as you can hold both cards, even BA Premium Plus cardholders may want to apply for BA Amex Business, pick up the 60,000 Avios sign-up bonus and give the card a try for a year.
You can find full details, and apply, on the British Airways Accelerating Business website here. The bonus of 60,000 Avios could be yours.
American Express Services Europe Limited has its registered office at Belgrave House, 76 Buckingham Palace Road, London, SW1W 9AX, United Kingdom. It is registered in England and Wales with Company Number 1833139 and is authorised and regulated by the Financial Conduct Authority.
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.