NEW: Get 60,000 or 120,000 points with Amex Business Gold or Platinum – & no bonus rules

American Express has brought back the biggest sign-up bonus ever seen in the UK for a payment card.

The 120,000 Membership Rewards points deal on The American Express Business Platinum Card, which runs to 14th October 2025, is the largest ever offered. If you only sign up for one payment card mileage promotion all year, this should be it.

There is also a 60,000 points option on the ‘free for a year’ American Express Business Gold Card.

Unlike the offer earlier this year, you receive the bonus points in one go. There is no requirement to hold the card for a second year to get the full amount.

The number of points involved is huge. If you’re not a business owner / don’t have self-employed income so don’t qualify yourself, you should think 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.

Remember, as we covered in more detail here last year, all restrictions on receiving a sign-up bonus have been removed as long as you hit the spend target.

If your application is successful and you spend the required sum in the required time, you qualify for the bonus. Full stop.

The bonuses are on the two American Express Business cards:

• The American Express Business Platinum Card (apply here)
• The American Express Business Gold Card (apply here)

The American Express Business Platinum Card now offers 120,000 Membership Rewards points. You receive 120,000 points when you spend £12,000 within three months of being approved.

The American Express Business Gold Card – which is free for your first year – now offers 60,000 Membership Rewards points. You receive 60,000 points when you spend £6,000 within three months of being approved.

The offer is valid for applications received by 14th October 2025.

What can you do with the bonus points?

I ran this article on how you can use Membership Rewards points.

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 or 120,000 Virgin Points if you convert the full sign-up bonus on The American Express Business Platinum Card.

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 Etihad and Air France KLM
• 90,000 Emirates Skywards miles
• 8,000 Club Eurostar points

You should halve these numbers to see what the 60,000 points 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 card year to spend at Amex Travel.

The annual fee is, of course, tax deductible as a business expense.

Business Gold has an annual fee of £195, but the first year is free.

You can cancel your Business Platinum or Business Gold card at any point for a pro-rata refund of the annual fee. Remember that Business Gold is free for the first year anyway.

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.

Who qualifies for the bonus?

Everyone who is accepted and who hits the spend target in the required time.

There are no longer any restrictions based on other American Express cards you have or recently had.

If you are accepted for the card and spend the required sum, you will receive the bonus.

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 (if you are not a sole trader) has a current UK Bank or Building Society account
• You are aged 18 or over
• You have a permanent UK home address

You, personally, must have an income of £20,000 for Business Gold or £35,000 for Business Platinum. There are no turnover requirements for the business itself.

This is an excellent deal if you qualify

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

The change to the sign-up bonus rules last year means that:

• anyone with Business Gold could get a bonus if they applied for Business Platinum (and vice versa)

• anyone with a personal Gold or personal Platinum card is able to apply for Business Gold or Business Platinum and receive the bonus

Next week, we’ll publish full reviews of both the American Express Business Platinum and American Express Business Gold cards highlighting the card benefits.

How do I apply?

You can apply for The American Express Business Platinum Card, with 120,000 bonus Membership Rewards points, here.

You can apply for The American Express Business Gold Card, with 60,000 bonus Membership Rewards points 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.