AMEX Terms and Conditions

AMEX Business Gold Terms & Conditions

1) Business Gold Card

The first year of card membership is free. From the second year onwards, an annual charge of £195 + VAT will be automatically applied to your account on or after the anniversary of your account activation.

2) The Basic Card

For those who prefer a no-fee card without additional features or reward benefits, an alternative Basic Card option is available.

3) Membership Rewards

Cardholders who have been enrolled in the Membership Rewards Programme for more than 13 months will not be eligible for introductory bonus offers. Promotional offers may change or be withdrawn at any time.

For the full Terms and Conditions of the Membership Rewards Programme, visit:
https://americanexpress.com/en-gb/rewards/membership-rewards/terms.

4) Business Gold Quarterly Bonus

With the Bishop Oak AMEX Business Gold Card, cardholders earn at least one Membership Rewards point per £1 spent on eligible purchases.

In addition, a bonus of 10,000 Membership Rewards points is awarded for spending £20,000 within any given quarter:

  • Quarter 1: January 1 – March 31
  • Quarter 2: April 1 – June 30
  • Quarter 3: July 1 – September 30
  • Quarter 4: October 1 – December 31

Bonus points will be credited to your Membership Rewards account and will appear on your card statement.

Limited-Time Offers: From time to time, promotional campaigns may be introduced that override the standard quarterly bonus terms. If you apply for the Business Gold Card, details of any active promotions will be provided at the time of application.

You will continue to earn one Membership Rewards point per £1 spent on eligible purchases exceeding £20,000 per quarter. However, spending does not roll over to the next quarter.

5) Eligible Purchases and General Terms

  • Qualifying transactions include goods and services minus any returns or credits.
  • Purchases do not include fees, interest, or other financial charges.

For full details, visit:
https://americanexpress.com/en-gb/rewards/membership-rewards/terms.

6) Up to 54 Days Interest-Free Credit

Cardholders can receive up to 54 days of interest-free credit on purchases.
This applies only if the purchase is made on the first day of a new statement cycle and the balance is fully repaid by the due date.

7) AMEX Offers for Business

Cardholders can access exclusive AMEX business offers through the AMEX online portal or mobile app.

Eligibility for these offers depends on several factors, including:

  • The number of AMEX cards you have previously opened or closed
  • Compliance with AMEX’s terms and policies
  • Responsible account activity

Offer availability varies by cardholder, and the estimated programme values are calculated based on minimum possible benefits over a 12-month period.

For details on redeeming offers, visit your AMEX online account.

8) No Pre-Set Spending Limit

The AMEX Business Gold Card does not have a fixed spending limit. However, transaction approvals depend on:

  • Account and payment history
  • Financial standing
  • Creditworthiness

AMEX reserves the right to impose temporary spending limits in accordance with the Cardmember Agreement.

9) Employee Spend Controls

Business owners can monitor and manage employee spending through dedicated AMEX tools.

For full details on employee spending limits and controls, visit:
https://americanexpress.com/uk/employee-controls-terms-and-conditions.

10) Employee Cards

Businesses can issue up to 20 complimentary Employee Cards for team members.

  • The primary account holder remains responsible for all charges made using Employee Cards.
  • Employees must be 18 years or older to qualify for a card.

Approval is subject to AMEX’s internal eligibility criteria. Further details are available upon request.

11) AmexExpense

Bishop Oak clients can use the AMEX expense management system to simplify business transactions and cost tracking.

For the full Terms & Conditions, visit:
https://amex.findity.com/api/termsofservices/2021%2009%2020%20Amex%20UK%20Terms%20of%20Use.7.pdf.

For FULL terms and Conditions please visit: https://www.americanexpress.com/content/dam/amex/uk/legal/business/the-american-express-gold-business-charge-card-terms-and-conditions.pdf