Free Amex card for businesses that want cashflow flexibility and basic rewards without paying an annual fee. Great starting point.
Annual fee
Free
APR
28.2% variable
FX fee
3.5%
Welcome bonus
None
Earn rate
default1x membership-rewards
Pros & cons
Pros
- No annual fee — free to hold
- Still earns Membership Rewards points
- Integrates with Xero and QuickBooks
Cons
- 3.5% FX fee on international spend
- No travel insurance or lounge access
- Lower earn rate than Gold/Platinum
Key benefits
- No annual fee
- 1 Membership Rewards point per £1
- Expense management tools
- Connect to accounting software
