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]

solo.ge

What’s this exactly?

 

[disagree]

ICC card

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

 

[SCHLOSSFINANZ]

What’s this exactly?

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

 

[SCHLOSSFINANZ]

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

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.

 

[disagree]

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.

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

 

[JohnnyDoe]

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

For sure EFG

 

[disagree]

For sure EFG

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]

but EFG only accepts > 1 Mio in Assets

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

 

[disagree]

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

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]

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?

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

 

[disagree]

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

And this would be compliant regarding the company accounting requirements?

 

[SCHLOSSFINANZ]

NO- AMEX changed that recently to my knowledge.

 

[JohnnyDoe]

And this would be compliant regarding the company accounting requirements?

This is something you need to discuss with your accountant.