Getting an Amex for a UK LTD?

[disagree]

Hey, do you know which way I could get a Business AMEX for a UK LTD that I manage?

Happy to hear if any of you managed to get one and get some suggestions. Thank you.

 

[SCHLOSSFINANZ]

Impossible. AMEX discontinued the ICC card programme sadly.

Maybe you get one via solo.ge

 

[disagree]

What’s this exactly?

 

[disagree]

Yeah but this was personal right? So a‌ UK LTD cannot have a business card with Amex in any way?

 

[SCHLOSSFINANZ]

a Bank in Georgia, they have a‌ licence to issue AMEX cards in USD

 

[SCHLOSSFINANZ]

correct its totally impossible

 

[disagree]

Is it impossible only for non residents having a UK LTD or what?
Let's say‌ a person is a UK citizen, UK resident and own a UK LTD, is it‍ possible in this way to have a business amex?

For what I saw, ICC is⁠ a different thing from the normal UK AMEX program.

Example: https://www.americanexpress.com/en-gb/business/apply-for-business-card/

 

[SCHLOSSFINANZ]

if you are a UK citizen living in the UK with good credit rating, and‌ you are Director and owner of a UK Ltd also with good credit rating then‍ you can get a Business AMEX, otherwise its totally impossible

 

[disagree]

Do you know if there are alternatives to this? for a LTD with non uk‌ residents owner that spend a lot on ads, so it would be great to have‍ points/cashback

 

[JohnnyDoe]

You need to have an account with a bank that partners with Amex, then you can obtain a corporate card for whatever type of company. Amex just requires a guarantee from the bank.
For example most Swiss banks can arrange for that.

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[disagree]

can you suggest some (if you know) for this specific situation?

 

[JohnnyDoe]

disagree said:
can you suggest some (if you know) for this specific situation?
Click to expand...

For sure EFG

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[disagree]

I should print your profile tab and‌ bring it with me in my wallet for how many times you're saving me

 

[SCHLOSSFINANZ]

but EFG only accepts > 1 Mio in Assets

 

[JohnnyDoe]

SCHLOSSFINANZ said:
but EFG only accepts > 1 Mio in Assets
Click to expand...

Yes, like or less than all other Swiss banks. Why should they bother otherwise?

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[disagree]

So there's no way to get the ltd biz amex with‍ less amount of revenue like it's happening for people with US LLCs?

 

[JohnnyDoe]

disagree said:
So there's no way to get the ltd biz amex with less amount of revenue like it's happening for people with US LLCs?
Click to expand...

No. But you can have a personal Amex and pay for it from the company.

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[disagree]

And this would be compliant regarding the company accounting requirements?‍

 

[SCHLOSSFINANZ]

NO- AMEX changed that recently to my knowledge.

 

[JohnnyDoe]

disagree said:
And this would be compliant regarding the company accounting requirements?
Click to expand...

This is something you need to discuss with your accountant.

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