Credit card review: British Airways American Express Accelerating Business Card
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
This article has been sponsored by American Express
American Express UK has made improvements to one of its best credit cards for U.K. businesses, and it’s especially exciting for business owners who want to earn lots of Avios for their everyday business spend. Called the British Airways American Express Accelerating Business Card, here is our full review of the product.
Who is this card for?
The British Airways American Express Accelerating Business Card is marketed towards small businesses that could benefit from reducing business travel costs through earning valuable travel rewards that are easy to use.
There’s no minimum turnover requirement to be approved for this card, and you can be approved for this card without a VAT number.
Welcome bonus and annual fee
You will earn 30,000 bonus Avios if you are approved and spend £5,000 in the first three months of Cardmembership. This is a credit card, not a charge card, which gives business owners the option to pay for business purchases over several months or all at once.
This card has an annual fee of £250 per year.
Representative example: Representative APR is 98.1% variable with an assumed credit limit of £1,200 and a purchase rate of 22.9% p.a. variable.
You will earn 1.5 Avios for every £1 spent on the card as well as 2 On Business Points for every eligible £1 spent with British Airways. Cardmembers will also earn an additional 10,000 Avios for every £20,000 spent on the card, up to three times each calendar year.
This means new Cardmembers who spend £60,000 in their first calendar year could earn 120,000 Avios – a combination of 30,000 Avios for reaching £20,000 spend three times over, and 90,000 Avios for the 1.5 Avios per £1 earn rate.
When you add in the generous welcome bonus, available for a limited time only, this is enough for a return peak or off-peak Club World or Club Suite flight to most long-haul destinations British Airways flies to, plus fees, taxes and carrier charges.
You can use this card anywhere American Express is accepted. There is a 2.99% foreign exchange fee for purchases made in currencies other than GBP, but you will earn Avios and On Business Points as above for each purchase.
You can use the Avios you earn on spending in lots of different ways from flights on British Airways and its partner airlines including Qatar Airways, Iberia and American Airlines, as well as upgrades, hotels, car hire, wine and experiences. You can read our guide on the best ways to use Avios here.
And as for those On Business Points, they can also be redeemed for flights and upgrades, you can read our in-depth guide to the On Business programme here.
You can issue up to 99 supplementary cards to your employees for free, and you will receive all the points (Avios and On Business) as well as all the expenses put on all the cards issued to your company. If you are the business owner, remember that your business will still be responsible for all purchases made.
There are also plenty of travel and purchase benefits:
- 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 on 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.
Your supplementary cardholders will also receive these travel and purchase benefits. You will need to use the card to pay for these items in order for them to be covered by the protections and insurances, and note that they are subject to enrolment and some additional terms, exclusions and limitations apply.
The British Airways American Express Accelerating Business Card provides a generous welcome bonus of 30,000 Avios for spending £5,000 in the first three months, as well as further generous bonuses for spending on the card within the first year.
Businesses that can reach both of these spending requirements could earn at least 150,000 Avios in the first year alone which is a fantastic deal and enough for a return peak or off-peak Club World or Club Suite flights to most long-haul destinations British Airways flies to, plus fees, taxes and carrier charges.
If you are looking for a solid business credit card with plenty of perks and a great earning rate, you can apply for this card here.
Featured image by American Express
Welcome to The Points Guy!