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Both my Avios earning credit cards are fast approaching their required spend to get travel vouchers, and are fairly far off their renewal date. Both likely to hit the spend within the next month.
My British Airways Amex Premium is £350 off the voucher spend, renews December 20th. Costs £300 p/a
My Barclays Avios Plus is £450 off voucher spend, renews October 11th. Costs £240 p/a1) Is there any other card with similar incentives (spend to rack up rewards; joining rewards) I could take out to use in the months in which spending on these cards would not contribute towards anything (bar earning avios)?
ALSO; Separately (but ideally could merge with the above necessity):
2) I potentially need a business credit card to move my spending to there. When I receive this, I will likely cancel one of the above credit cards (BA/Barclays) so I’m not paying multiple cards’ monthly fee.
I’m easy on which credit card it is; sadly probably can’t be Amex as I would like to pay my UK taxes with it and they don’t accept Amex. On the flip, I will be travelling across the states for work in October and then every couple months going forward, where ofc Amex is accepted everywhere; meaning I could rack up a decent amount on an Amex credit card from business expenses. I would however want to revert to business spending on my BA Premium when December 20th hits, so maybe not worth the latter. Open minded to any option tho!
Please feel to ask anything that may help with your answer! Thank you in advance for your time x
Rob’s series reviewing all the different points-earning cards would probably be very helpful to you.
I don’t think HMRC takes any credit cards these days, I think Curve with a paid subscription is the only option for earning points (?)
Remember,the threshold changes to £15K in November.
Virgin Atlantic MasterCard
1. Per @SteveJ Virgin has a similar earning structure but unclear if Virgin points are useful to you. Have you had a membership point earning card in the last 24 months? If not there is a decent Amex Plat intro offer at the moment. I think it is spend 6k in 3 months which sounds doable based on what you said.
No idea what you mean by merge with. The MR points could be transferred into avios if that helps. Remember pro-rata fee refund is going away at some point this year, so if that matters to you the amex plat may not be the right thing.
2) I don’t know much about these, but worth reading the articles re eligibility before opening the plat card. I can’t remember the link or there lack of between the eligibility for sign up offers
Not clear if the business you are referring to is your own or you work for a company – matters cause it impacts if you can have a business card; Amex has FX fee when used aboard so will your employer reimburse for that or are you paying out of your pocket cause own business.
Even non Amex card often cannot be used to pay your taxes – not sure if you have read the number of articles on tax paying – if not you should.
For your business expenditure you could have a look at Capital on Tap credit card as you can earn Avios, it has no FX fees on overseas expenditure and HMRC will accept it (for a fee though).
I’d re-think (2) if I were you. You can’t pay taxes with any card (without fees that make it unattractive) so why not a business Amex? The Avios card (Accelerating Business) is a good card for all business spend. Any business Amex with fees may seem expensive, but the fees themselves are a business expense provided you use the card exclusively for business spend.
For HMRC specifically Plutus will work (they explicitly support cashback on personal HRMC payments). It’s hell of a complicated product though – a crypto startup in search of a product-market fit. Cashback is paid out in crypto with a 45 day delay (somewhat similar to credit cards), so you might end losing your cashback, or alternatively, making 2-3x more than the advertised rate. But since there’s no other way to earn on HMRC spending it’s a gamble that I’m very happy to make. Some more (outdated) details here: https://www.headforpoints.com/forums/reply/535492/
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