You are well on your way to earning enough Membership Rewards® points for that IT upgrade you have been hankering after by maximising the basic ways you collect points through your American Express® Business Card.
But now it’s time to take your earning capabilities to the next level by finding out all the ways to earn even more Membership Rewards points to boost the return on investment you can achieve through every pound spent on your business.¹
That is where this handy guide comes in. Here, you’ll find some creative ideas that you might not know about for earning points, from referring new Cardmembers to adding Supplementary Cards.
Boost your Membership Rewards points by referring friends and other Small Business Owners
Do you know someone who could benefit from an American Express Business Card?
Referring a new Cardmember to American Express could earn you up to 9,000 points if you have an American Express® Business Gold Card, or 18,000 points if you have an American Express® Business Platinum Card.²
The best part? Existing Cardmembers will earn a reward for any American Express Card that the referee successfully applies for, including Consumer Cards.
“You can earn up to 90,000 points each year in referral points, which is enough to book a flight to Sydney when routes reopen,” says Deepak Gandhi, a business development manager with American Express.
A garden business owner recently referred his wife for a card. Not only did the business owner earn 9,000 points as a result of his referral, but his wife also received a Welcome Bonus after hitting the spending target. The couple were able to coordinate the redemption of their points to put towards a family celebration for their wedding anniversary.
Referring Cardmembers is simple. Just provide your friend or colleague’s email address in the “referral” section of your online account. Once your friend has successfully applied for their first card, you’ll receive the points within 90 days.
Take advantage of Offers and promotions
You can download the American Express® App to access exclusive discounts, Offers and promotions that will help you earn more points.
One of our most popular promotions allowed Cardmembers to earn double Membership Rewards points when using pay with points, where you apply the right number of points at the checkout when you select the American Express payment option.
Our offers also include regular opportunities to earn bonus points or increase the value of points when they are redeemed.
To make sure you don’t miss out on your next amazing reward, make sure you follow these simple steps:
- Download the American Express App to your mobile device
- Log in to the app and select “Offers” to see all our active offers
- When you find an offer you like, you can save it to your phone’s wallet
- To redeem the offer, simply open the code/voucher on your phone
Another tip is to make sure you are opted in to receive email alerts. You can check whether you’re opted in by looking at your preferences in the mobile app or in your Online Account.
Supplementary Cards drive up your earning potential
As the main Cardmember, you’ll receive any points earned from transactions on Supplementary Cards. Gold Business Cardmembers can add up to 99 Supplementary Cards in a year without charge, while Platinum Business Cardmembers can receive one complimentary Business Platinum Supplementary/Employee Card and unlimited complimentary Business Gold Cards.
Our Account Managers recently helped the founder of a gaming company get some precious time back by providing a Supplementary Card to his finance director. This allowed the founder to hand over responsibility for making business payments while still retaining insight into overall spending.
The business now has double the opportunity to earn points from both cards, and the resulting 250,000 points will be used to fund future director travels.
A vintage clothes retailer provided her network of buyers with Supplementary Cards, and through their collective spend has earned a total of 9,000,000 points. This is equivalent to £3,600 in statement credit, but the business owner plans to use the points to cover the cost of flights for years to come.
To request Supplementary Cards, simply log into your online account and select “Add a Cardmember”. Complete the short application and we’ll get in touch if we need any further information. You can expect to see initial points credited within 10 days of a new Cardmember being approved and ongoing points credited each month on qualifying purchases made using Supplementary Cards.
Make foreign currency payments to boost your balance
The world gets smaller every day and many small companies trade internationally. Making international payments via our Foreign Exchange International Payments platform is a great way to boost your points balance. A Customer on the platform can earn points on transactions at a rate of 1 point per £20 transferred internationally, and you will need to be pre-enrolled into the programme.
One of the UK’s fastest-growing toy companies used American Express for international payments when buying products from the US to sell in the UK. Putting these payments through our FX International Payments platform has improved the exchange rate the business could access, reducing the cost of its purchases while also earning up to 400,000 extra points each year.
The business earned enough points to fly the director and the head office staff for a team-building weekend in Dubai, boosting team morale.
Rishi Bhasi, a Business Account Manager with American Express, helped the owner of a metal import/export business switch from making large payments to international metal suppliers using a bank transfer over to the FX International Payments platform.
The company made the switch a year ago and has since generated almost 3,000,000 points, which could be redeemed as more than £4,500 in statement credit, along with a hefty reduction in currency conversion fees.
Get rewarded for your travels
Your Business Card is the perfect travel companion and the extra points you are earning could make your next trip closer than you think.
Making a booking through the American Express Travel website can help you earn two Membership Rewards points for every £1 spent.¹
Visit the American Express travel website and log in to see how you can pay for your next domestic business trip using your points.
For even more ways to reach your points tally, check out our comprehensive guides