September 23, 2021
 

Amex and BA revamp Avios scheme for small business owners

Small business owners have the chance to earn more Avios than ever before from their business spending thanks to changes announced today to the British Airways American Express Accelerating Business Card.

A new tiered Avios Annual Bonus will give card holders 10,000 bonus Avios for every £20,000 of spending, up to three times per calendar year.

This gives businesses of different sizes the opportunity to earn a bonus every year and means users can earn up to an additional 30,000 bonus Avios annually.

Combined with the earn rate of 1.5 Avios for every £1 spent, which remains unchanged, business owners have the opportunity to earn up to 120,000 Avios each year, if they spend £60,000 on their Card.

This is enough for two peak economy return flights from London to destinations such as New York or Dubai.

Additionally, for a limited time only, new members can also earn a Welcome Bonus of 60,000 Avios when they spend £5,000 in the first three months, making it one of the most rewarding Avios bonus offers ever from American Express.

With more Avios on offer, members can use their routine business spending, be that advertising, technology, office supplies, travel or utilities, to help fulfil their personal travel aspirations.

Adam Daniels, Chief Executive Officer of IAG Loyalty, said: “We are excited to be increasing the opportunities that come with the Accelerating Business Card, unlocking more benefits for British Airways Executive Club members. We know that after over a year of postponed or cancelled holidays, customers want to get away, so we are delighted that Cardmembers can now earn more Avios, enabling them to book or upgrade that well-deserved trip away.”

The existing On Business Annual Bonus will cease from January 1 2022.

If Cardmembers haven’t already achieved the On Business Annual Bonus in their current Cardmembership year, they will have until December 31 2021, to reach the £20,000 spending threshold to receive their existing bonus, regardless of their Card anniversary date.

Spending between now and December 31 2021 will also contribute towards the new Avios annual bonus. 

The British Airways American Express Accelerating Business Card comes with an annual fee of £250. Purchase APR is 22.2% p.a variable with a representative APR of 96.7% based on an assumed credit limit of £1200.

The Card also offers travel insurance benefits, covering flight cancellations, delays and delayed luggage when paying with the Card, and greater protection if flying with British Airways. It also offers Purchase and Refund protection.

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