By: Kate Anderson | Updated: 2nd August, 2019.
The American Express Gold Business Charge Card is the step up from Amex’s basic card in the business charge-card family. With a £125 annual fee (waived for the first year of membership), you get access to the Membership Rewards programme, plus a payment period of up to 54 days on purchases. While this card carries a price tag, it offers a fuller and more enticing package.
The American Express Gold Business Charge Card offers a fuller package than the basic charge card, with a payment period of up to 54 days on purchases, the Membership Rewards programme, travel insurance, purchase protection, and refund protection. However, you do have to pay for these benefits in the form of a £125 annual fee.
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Nestled right in the middle of the line, you may find this to be the Goldilocks card in the American Express Business Charge Card line-up. It offers a fuller package than the basic card, with a payment period of up to 54 days on purchases, the Membership Rewards programme, travel insurance, purchase protection and refund protection. However, you have to pay for these benefits in the form of a £125 annual fee.
Although the American Express Gold Business Charge Card does carry an annual fee of £125, this opens up a host of additional offers that could really reward you for your business spending.
It’s all well and good earning points, but what do you actually get in exchange for them? The programme allows you to use the points for rewards from brands such as House of Fraser, M&S, Laithwaite’s, Apple and PC World. You can also redeem your points for a statement credit to support your business. Or alternatively, the scheme enables you to transfer your points to one of the provider’s frequent traveller programmes.
Kate Anderson
I worked on the front line of personal-finance best buys for over eight years at one of the world’s largest research companies, Nielsen. I reported daily on the developments of the 2008 financial crisis and beyond, keeping up with the changing financial landscape and providing insights to all the major banks in the UK. I know the key players in the market and the tactics behind how they behave. All of which I will apply to highlight the best deals and give honest reviews to help you in your search.
While this card has a range of attractive offers, nothing is perfect and there are a few downsides.
If you can resign yourself to the annual fee attached to this card (which at £125 is definitely at the top end), then the American Express Gold Business Charge Card has a package full of features to help you make the most out of your business spending. Its sign-up bonus points and Membership Rewards scheme set it apart from more basic offerings, and the added bonus of purchase and refund protection gives it a unique selling point for a card of its type.
In order to be eligible to apply for this card, your business must have a UK bank or building society account. Additionally, you and the business must not have any county court judgments (CCJs) for non-payment of debt. You, the applicant, must also be aged 18 or over and a UK resident.
Applications can be made through the American Express website. As part of the application, you will be required to provide personal details as well as details about your business and your company structure.
If you are looking for a card that could potentially offer rewards for your business and are happy with and capable of paying an annual fee of £125, the American Express Gold Business Charge Card is an attractive option. With no limit on the quantity of rewards you can earn, plus a 20,000-point sign-up bonus (dependent on a spend of £3,000 in the first three months) and purchase protection, you are looking at getting something back for your business expenditure while also making sure that what you buy with your card is protected.
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