What is the annual fee for the American Express Basic Business Card?

The American Express Basic Business Card has no annual fee.

What is the annual fee for the Funding Circle Business Cashback Card?

The Funding Circle Business Cashback Card has no annual fee.

Which card has better rewards, American Express Basic Business Card or Funding Circle Business Cashback Card?

American Express Basic Business Card earns 1x membership rewards per £1 spent. Funding Circle Business Cashback Card earns 1x cashback per £1 spent. The better card depends on how you value each rewards currency.

Is the American Express Basic Business Card or Funding Circle Business Cashback Card better for small businesses?

It depends on your spend level. American Express Basic Business Card is best for Low spend, Cashflow, No fee. Funding Circle Business Cashback Card is best for Cashback, International spend, SMEs.

American Express Basic Business Card vs Funding Circle Business Cashback Card

Side-by-side comparison for UK businesses

Feature	American Express Basic Business Card	Funding Circle Business Cashback Card
Annual fee	£0	£0
Monthly fee	None	None
Welcome bonus	None	2% cashback for first 6 months (capped at £2,000)
Earn rate (default)	1x	1x
Rewards currency	membership rewards	cashback
Card type	business	business

Data last verified March 2026. Check issuer websites for the latest terms.

American Express Basic Business Card

Free Amex card for businesses that want cashflow flexibility and basic rewards without paying an annual fee. Great starting point.

business

Annual cost

Free

Earn rate

Welcome bonus

None

Best for

Low spendCashflow

Key benefits

• No annual fee
• 1 Membership Rewards point per £1
• Expense management tools
• Connect to accounting software

View on issuer site

Funding Circle Business Cashback Card

Strong cashback card for established SMEs. 1% uncapped on all spend, no FX fees, free employee cards, and limits up to £250k. Requires at least a year of trading and £40k turnover.