Offer ends soon: Up to 100,000 bonus Membership Rewards® points with American Express® Business Cards, which is best for you?

Mar 23, 2022

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This article has been sponsored by American Express

The American Express® Business Platinum Card and American Express® Business Gold Card have just become an even better option for business owners.

Don’t forget, that until 31 March 2022, new Cardmembers can earn an increased welcome bonus of:

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So, with great welcome bonuses currently available, what is the best card for you and your business?

What are the differences between the cards?

The American Express Business Gold Card The American Express Business Platinum Card
Welcome bonus 50,000 Membership Rewards® points (usually 20,000) after spending £5,000 in first three months of Cardmembership 100,000 Membership Rewards points (usually 40,000) after spending £10,000 in first three months of Cardmembership
Other spending bonuses 10,000 extra Membership Rewards points after spending £20,000 per quarter Earn 1 point per eligible £1 spend on flights, hotels, car hire or experiences through American Express Travel.
Earning rate for most everyday spending 1 Membership Rewards points per eligible £1 spent 1 Membership Rewards points per eligible £1 spent
Annual fee  £0 in first year, £175 in subsequent years £595
Premium Travel Benefits None
  • Elite hotel status
  • Elite car rental status
  • Complimentary lounge access for you and a supplementary Cardmember and guest for free
  • Onefinestay credit
Other benefits £100 yearly Dell statement credit £150 yearly Dell statement credit, plus complimentary annual digital subscription to The Times and The Sunday Times, worth £312 per year

 

Which card is best for which type of business?

To summarise, the key differences between these Cards are in the welcome bonuses, annual fees and travel benefits.

If you do not believe you will use the extensive travel benefits available with the Business Platinum Card, then the American Express Business Gold Card may be a better option with the bonus that this card has no annual fee in the first year. This Card will still earn you a generous welcome bonus, quarterly spend bonus and comes with a Dell credit each year. If you are spending enough on the Gold Card to earn the quarterly bonus of £10,000 extra Membership Rewards points but not travelling, the Gold Card could be a smart way to earn lots of Membership Rewards points every year. The Reward points can then be redeemed for statement credits, as well as transferred to airline and hotel partners to reduce the cost of your business travel, as well as make it more comfortable.

Related: The ultimate guide to UK American Express Membership Rewards

If you travel for business then you should consider the wide range of premium travel benefits with The American Express Business Platinum Card as these can be very valuable. You can enjoy worldwide lounge access with The Global Lounge Collection – along with entry for a supplementary Cardmember and guest for free – and several elite hotel statuses which can provide early check-in, complimentary (space available) room upgrades, free breakfast, bonus points in the hotel’s own loyalty programmes and late check-out.

Related: Seven reasons why I love my Hilton Honors gold status

Though The American Express Business Platinum Card does have a £595 annual fee, TPG currently values the welcome bonus of 100,000 Membership Rewards points at £1,400, which easily offsets the annual fee in the first year.

Where you can use the complimentary travel benefits that come with the Card, you can expect obtain even more value.

Bottom line

Both American Express Business Cards have generous increased welcome bonus offers for a limited time only, until 31 March 2022. The American Express Business Gold Card allows you to try the Card and earn plenty of Membership Rewards points without paying an annual fee in the first year, while the American Express Business Platinum Card does come with an annual fee but a larger welcome bonus and if you travel regularly, you can find the travel benefits very rewarding.

Featured image by American Express

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