British Airways American Express Accelerating Business Card review 2021

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Go all-in with travel rewards thanks to this business credit card that earns both Avios and On Business points.

You say: ★★★★★We say: ★★★★★

Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £210 per annum, your representative rate is 80.3% APR (variable).

Up to 56 days

Interest-free each billing period

80.3%

Representative APR

0%

Balance transfer fee

£210

Yearly account fee

Details

IssuerAmerican Express
NetworkAmex
Annual/monthly fees£210 per annum
Balance transfers22.2%
Balance transfer fee0%
Purchases22.2%
Purchases interest-free periodUp to 56 days
Cash advances27.1%
Min credit limit£1,000
Max credit limitNot specified
Additional cards available25
IncentiveEarn 1.5 On Business Points for every £1 spent with BA on eligible flights and 1.5 Avios for every eligible £1 spent on credit card. Earn an extra 3,000 On Business Points annually when £20K or more spent by card anniversary.
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Review by


Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.

Expert review

As you may have guessed, this card is meant for companies that travel with BA a lot. If you do, it’s probably your best shot at stockpiling points and earning free flights and rewards as quickly as it gets.

The On Business programme is a business frequent flyer scheme and its points are usually way more valuable than Avios points (although it does depend on the rewards you choose). With this card, you’ll earn them on your BA spending at a quicker rate than you normally would. There is a juicy annual bonus you can qualify for if you use the card enough too.

You’ll also earn Avios points (on your personal Avios account) for every £1 you spend on the card, no matter what for. All in all, if you and your colleagues travel often, it won’t take long before you can start enjoying well-deserved free flights, hotel stays and flight upgrades.

However, all these rewards come for a not-so-cheap £210 per annum annual fee. It can totally be worth it, but you’ll have to use the card a lot, so make sure you’ve done your maths before applying.

Finally, unlike the rest of Amex’s business cards, this is an actual credit card, not a charge card, so you can carry a balance on it if you need to – although the 22.2% rate on purchases isn’t especially competitive. But if you do pay off your bill in full every month, your business cash flow will also get the benefit of a 56-day long billing cycle.

Pros and cons

Pros

  • Up to 56 days to spread the cost of purchases (provided you pay off your balance in full each month)
  • Customers report excellent customer service when dealing with American Express
  • Earn points on day-to-day spending

Cons

  • £210 annual account fee

How does this card compare with other similar cards on the market?

Table: promoted then other popular deals
Name Product Max. intro bonus Default earn-rate Annual/monthly fees Rep. APR Link Incentive Representative example
Capital on Tap Business Credit Card
N/A
N/A
£0
39.9% (variable)
Go to site
Upgrade to Capital on Tap Business Rewards Card for £99 pa to earn 1 point for every £1 spent. 1 point can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 39.41% (variable) p.a., your representative rate is 39.9% APR (variable).
Capital on Tap Business Rewards Credit Card
10,000 points
1 point per £1 spent
£99 p.a.
39.9% (variable)
Go to site
Earn 1 point for every £1 spent. 1 points can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 39.41% (variable) p.a., your representative rate is 39.9% APR (variable).
NatWest Business Credit Card (available to existing business customers)
N/A
N/A
Year 1 - £0, Year 2 onwards - £30 per annum
24.3% (variable)
Go to site
Free 'online account servicing' via ClearSpend mobile and desktop app.
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £30 per annum, your representative rate is 24.3% APR (variable).
Royal Bank of Scotland Business Credit Card (available to existing business customers)
N/A
N/A
Year 1 - £0, Year 2 onwards - £30 per annum
24.3% (variable)
Go to site
Free 'online account servicing' via ClearSpend mobile and desktop app.
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £30 per annum, your representative rate is 24.3% APR (variable).
British Airways American Express Accelerating Business Card
N/A
1.5 points per £1 spent
£210 per annum
80.3% (variable)
Go to site
Earn 1.5 On Business Points for every £1 spent with BA on eligible flights and 1.5 Avios for every eligible £1 spent on credit card. Earn an extra 3,000 On Business Points annually when £20K or more spent by card anniversary.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £210 per annum, your representative rate is 80.3% APR (variable).
Allstar Plus ‘All-in-one’ Business Credit and Fuel Card
N/A
N/A
Year 1 - £0.99 per card per month,
Year 2 onwards - £3.99 per card per month
N/A (this product is a charge card).
Go to site
Earn an introductory bonus of £150, up to 44 days interest free on purchases (subject to status), savings on fuel at 1,500 Discount Diesel sites plus a 10% saving on vehicle servicing, repair, tyres and car washes at venues nationwide.
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Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

Repayment options

You can make manual repayments through American Express's app, by logging in to your online banking or over the phone (0800 917 8043). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) or losing any promotional rates as a result.

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply for the British Airways American Express Accelerating Business Card

If you've compared cards and settled on the British Airways American Express Accelerating Business Card, you can head over to American Express's secure online application to apply. Don't forget, you'll need to be over 18 and a UK resident to apply.

Frequently asked questions

What credit limit will I get with the British Airways American Express Accelerating Business Card?

If American Express is able to offer you this deal, the offer will specify a tailored credit limit based on American Express's assessment of your situation and your business. The minimum limit offered on this card is £1,000 and American Express does not specify a maximum. Once you've had the card for a while and shown American Express that you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the British Airways American Express Accelerating Business Card?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (withdrawing cash at an ATM, getting cashback at the till, spending at a casino, buying currency, etc.) often incur steep fees and/or higher rates of interest.

The cash advance fee on the British Airways American Express Accelerating Business Card is 3% (min. £3). For example, if you withdraw £50, you'll incur a fee of £3.00. Withdraw £250, and you'll incur a fee of £7.50.

The interest rate on this part of your balance will be 27.1% (chargeable from the day of the transaction – the card's usual "up to 56 days interest-free" grace period won't apply).

How much does it cost to use the British Airways American Express Accelerating Business Card abroad?

Non-sterling transactions are subject to a 2.99% charge. For example, if you spend 200 euros (£174.17), it'll cost you around £5.21.

Can I get additional British Airways American Express Accelerating Business Cards for my team?

Yes, you can request up to 25 more. There's no fee for additional cards. Plus, with additional cards, you could earn avios at a faster rate.

Finder credit card ratings

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Our experts score business credit and charge cards to determine their value against similar products on the market. We look at a number of important factors, like the flexibility it offers, any rewards you can earn through company spending, account management tools, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

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