Maximise your Avios, air miles and hotel points

ENDS SOON: Get 60,000 or 120,000 points with Amex Business Gold or Platinum

Links on Head for Points may pay us an affiliate commission. A list of partners is here.

UPDATE – JUNE 2023:  This article is now out of date, but don’t worry.  We produce a monthly directory of the top UK travel credit card offers – please click HERE or use the ‘Credit Cards’ menu above.  Thank you.

SPECIAL OFFER: Until 13th June, the sign-up bonus on The Platinum Card is doubled to 60,000 Membership Rewards points – and you get £200 to spend at Amex Travel too! Don’t miss out. Read our full review here and apply here.

SPECIAL OFFER: Until 13th June, the sign-up bonus on the Virgin Atlantic Reward+ card is doubled to 30,000 Virgin Points. Apply here.

Keep up to date with the latest UK credit card bonuses by signing up for our free daily or weekly newsletters.

Today sets a new record. American Express has launched the biggest sign-up bonus ever seen in the UK for a payment card.

It is the culmination of three years of hugely generous offers on its small business cards. Before they started this in 2021, the highest bonus I had ever seen in the previous 20 years was a short-lived 50,000 points offer on Platinum. Last year it offered a crazy 100,000 points on Business Platinum.

This new 120,000 points deal beats the 100,000 points offered last year. If you only sign up for one payment card mileage promotion all year, this should be it.

The number of points involved is huge. If you’re not a business owner so don’t qualify to apply yourself, you should think seriously about any family members who have their own business and could sign up – or do your business-owning friends a favour and tell them about it.

125000 bonus points American Express Business Platinum card

The bonuses are on the two American Express Business cards:

  • American Express Business Platinum card (apply here)
  • American Express Business Gold card (apply here)

American Express Business Platinum now has a sign-up bonus of 120,000 Membership Rewards points. This is paid in two parts.

American Express Business Gold – which is free for a year – now has a sign-up bonus of 60,000 Membership Rewards points. This is also paid in two parts.

These are, clearly, huge sums.

The offer is valid for applications received by 30th March 2023.

What do I need to know?

It is important to know that American Express has raised the qualifying spend at the same time as raising the bonus.

  • You need to spend £12,000 in three months to receive the initial 80,000 points on Business Platinum, and retain the card for 14 months to receive an additional 40,000 points (total bonus of 120,000 points)
  • You need to spend £6,000 in three months to receive the initial 40,000 points on Business Gold, and retain the card for 14 months to receive an additional 20,000 points (total bonus of 60,000 points)

The offer is only available until 30th March 2023. At that point, the usual offers with lower spend thresholds – 20,000 points on Business Gold for spending £3,000 in three months, and 40,000 points on Business Platinum for spending £6,000 in three months – will presumably return.

(The exact rule is that you must make a single transaction, however small, between month 14 and month 17 to trigger the second part of the bonus.)

What can I do with the bonus points?

I ran this article on how you can use Membership Rewards points and we recently published this article specifically on how Membership Rewards can be used on business travel.

For HfP readers, the key thing to note is that they convert at 1:1 into Avios and Virgin Points.

You can pick up 120,000 Avios if you convert the sign-up bonus on Business Platinum.

120,000 Membership Rewards points would also get you:

  • 360,000 Radisson Rewards points
  • 240,000 Hilton Honors points
  • 180,000 Marriott Bonvoy points
  • 120,000 airline miles in various other schemes including Emirates, Etihad and Air France KLM
  • 8,000 Club Eurostar points

You should halve these numbers to see what the 60,000 points bonus on Business Gold would get you.

What are the annual fees?

American Express Business Platinum has an annual fee of £650. This is refundable pro-rata if you cancel. Remember that the card benefits include £200 per year to spend at Amex Travel.

Business Gold has an annual fee of £175, but the first year is free.

How are the cards structured?

Both Business Platinum and Business Gold are charge cards, not credit cards.

You MUST pay your entire balance at the end of each month. There is no option to pay interest and roll over the amount you owe.

We will cover the full benefits package in detailed card reviews later this week.

60000 bonus points with american express business gold

Who qualifies for the bonus?

You qualify for the bonus as long as you have not had an American Express card earning Membership Rewards points, personal or Business, in the last thirteen months.

Note that the rule on the Business Cards is 13 months and NOT the 24 months that applies to the personal Cards.

For clarity …. the ‘no Membership Rewards cards’ rule applies across personal and Business Cards. If you have had a personal Gold, Platinum etc card in the past 13 months then you will NOT receive the bonus on Business Gold or Business Platinum.

On the upside, getting Business Gold or Business Platinum has no impact on your ability to get a future bonus on a personal Amex Card. Confusingly, the bonus rules on the personal cards ignore any Business cards you may hold. The Business cards, on the other hand, look across your Business and personal card portfolio.

For absolute clarity ….. the following cards have no impact on your ability to get the bonus on Business Gold or Business Platinum:

  • British Airways American Express
  • British Airways Accelerating Business
  • Nectar American Express
  • Marriott Bonvoy American Express
  • Harrods American Express
  • Platinum Cashback

…… because none of these cards are ‘Membership Rewards’ Cards. They offer something different (Avios, Nectar points, Marriott Bonvoy points etc) as a reward.

If the only American Express card you have had in the past 13 months is one on the list above, you definitely qualify for the 120,000 points bonus on Business Platinum and the 60,000 points bonus on Business Gold.

What are the rules for being accepted for Business Gold or Business Platinum?

You can be a sole trader, partnership or Limited Company. You must meet the following criteria, which are cut and pasted from the Amex website:

  • The business has a current UK Bank or Building Society account
  • You are aged 18 or over
  • You have a permanent UK home address

Full card reviews will follow this week

This is obviously a very exciting offer if you meet the qualification criteria.

Even if you use your Membership Rewards points in one of the less lucrative ways – converting them to Avios and then on to Nectar points – you would get 0.67p per Amex point in form of Sainsbury’s, Argos or eBay credit.

This means that the Business Platinum bonus is worth a guaranteed minimum of £800 to spend with a Nectar partner and the Business Gold bonus is worth a guaranteed minimum of £400.

Later this week, we’ll publish full reviews of both the American Express Business Platinum (now live – click here) and American Express Business Gold cards (due Friday) highlighting the card benefits.

How do I apply?

You can apply for American Express Business Platinum, with the 120,000 points bonus, here.

You can apply for American Express Business Gold, with the 60,000 points bonus and no fee for the first year, here.

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. The site discusses products offered by lenders but is not a lender itself. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as an independent credit broker.

Comments (111)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • James says:

    Would I be right in saying that you get 24,000 points for the £12,000 qualifying spend in addition to the 80,000 points?

    • Rob says:

      No, you’d get 12,000 points – unless you spent £10,000 in one calendar month, in which case you’d earn the monthly spend bonus of 10,000 points on top, so you’d have got 22,000 points from spend.

  • John Nicholas says:

    I currently have a BA Amex card so I qualify for the offer.
    If I received the bonus membership points, can I convert to Avios and add them to my BA avios account?

  • Dave P says:

    Sorry if I am being simple here.
    Currently hold the AMEX gold business and the AMEX BA Card.

    I last held the Personal Platinum card over 3 years ago, and have not held it since.

    Would I qualify?

  • Nate says:

    My wife and I are directors for our limited company.
    – My Amex platinum business was closed September 2021
    – My Amex Platinum MR card was closed 2/3/22
    – My wife’s Amex Platinum MR card was closed 6/1/22
    – We have both closed our BA Amex within the last 12 months (I understand this has no bearing)

    Am I write in thinking the only way of getting bonus is for my wife to apply for Amex Business Platinum for our Ltd Company? (I think I will just be within 13 months so will not qualify)

    Thanks in advance

  • Lucy says:

    We’re a services based buisness so wouldn’t hit the full amount, I have two upcoming holidays that I’m looking to pay though that would cover the majority of it- can I put a personal expense through on a buisness card? Obviously wouldn’t put it through my accounts for work.

  • Livia says:

    Help! I earned my new BA Amex companion voucher on 23 Dec 2022, it is on my January statement but never reached my BA account. I have made numerous calls to BA and every time they ask me to call back 10 days later. Is there any hope? I’ve now lost 2 months of validity out of 24.

  • Livia says:

    Help! I earned my new BA Amex companion voucher on 23 Dec 2022, it is on my January statement but never reached my BA account. I have made numerous calls to BA and every time they ask me to call back 10 days later. Is there any hope? I’ve now lost 2 months of validity out of 24.

  • Maria says:

    Hi Rob, the HfP’s information regarding the 60,000 point offer for signing up for an Amex Business Gold is not correct. I have a British Airways American Express credit card and I have just contacted the American Express helpline regarding this 60,000 point offer. They have told me that I am not eligible for the offer because I have a current British Airways AmEx card. I would have to cancel the BA AmEx card and wait 24 months to be eligible for any other AmEx sign up offers.

This article is closed to new comments. Feel free to ask your question in the HfP forums.

The UK's biggest frequent flyer website uses cookies, which you can block via your browser settings. Continuing implies your consent to this policy. Our privacy policy is here.