How one credit card fee can manage and reward 100 employees

Nov 3, 2019

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This story has been paid for by American Express, but the opinions are those of the author and TPG. This is one way TPG continues to provide our readers with free news and advice about travel.

Many small to medium U.K. businesses have employees who need to make regular business purchases to keep the business running and help it grow. These businesses have told TPG U.K. they need simple solutions to manage this process — both to stay on top of the cashflow of the business and provide straightforward accounting and operational processes in order to allow the employees and business owner to do their jobs effectively.

The new British Airways American Express Accelerating Business Card has a way to reward and protect both employer and employees with a simple payment solution. Did you know you can have up to 100 centrally managed credit cards for your business with just one Accelerating Business Card account and annual fee?

The card provides a primary card and account to the primary cardmember (i.e. yourself, as the business owner) that allows you to earn Avios on every purchase, as well as On Business Points anytime you or your employees fly British Airways, Iberia or American Airlines. If you and your employees fly regularly for business purposes, your dual Avios and On Business Points could rack up very quickly. You can read about the differences between Avios and On Business Points here.

You can choose to issue up to 99 British Airways American Express Accelerating Business Cards to your employees. Best of all, there’s no charge to issue these supplementary cards, and they will have the same benefits as your main card, including the following travel and purchased benefits and protections for your employees:

  • Travel Accident Protection: There is a £250,000 travel accident benefit when travelling on public transport on a business trip.
  • Travel Inconvenience: This covers flight cancellations, delays and delayed luggage when you pay with your card, with higher limits if flying with British Airways, namely:
    • £200 for a flight delay, overbooking or missed connection (£250 if a British Airways flight).
    • Up to an additional £400 (overbookings only) if alternative arrangements are not made within six hours.
    • £750 for baggage delayed by an airline for six hours or more (£1,000 if a British Airways flight).
    • Up to an additional £1,000 for extended baggage delay by an airline (£1,250 if a British Airways flight).
  • Purchase Protection: If you buy an item with this card and it’s stolen or damaged within 90 days, there’s replacement, repair or refund cover up to £2,500 per eligible item.
  • Refund Protection: You will be insured to replace or refund up to a maximum of £300 if a retailer won’t refund an eligible item within 90 days.
(Photo by Liam Spencer/The Points Guy)
(Photo by Liam Spencer/The Points Guy)

If your current system is to have one single primary card for your company to use for all expenses to both earn rewards in the one place and to manage expenses centrally, your employees may have to remember the details of the primary card in your pocket when they go to make a business purchase. It may be far more convenient to provide them with a physical card of their own instead and empower them to make the purchases required to keep your business running smoothly.

All the expenses can still be reviewed by you (or your finance team) at any time in one central account — you don’t need to wait for them to submit an expense report at the end of each month. All the points — both Avios and On Business — will also be allocated to and kept in the primary cardmember’s account, meaning you can use them when and how you want. It can be a great way to reduce your travel expenses because the On Business Points especially are very valuable.

The card currently comes with a welcome bonus of 2,200 On Business Points after spending £3,000 or more on purchases on the card within the first three months. Representative Example: APR 81.6% variable with an assumed credit limit of £1,200 and a purchase rate of 22.9% p.a. variable. There’s an annual fee of £210.

You can read our full review of British Airways American Express® Accelerating Business Card and can apply for this card here.

Featured image by Westend61 / Getty Images

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.