Amazon Business Prime American Express Card
American Express' Business Green Rewards Card offers 2 points per $1 for eligible purchases on amextravel.com, and 1 point for any other purchases.
Card Summary
Amazon Prime members who are eligible can apply to the Amazon Business Prime American Express Card. This card allows them to earn reward points for purchases made by their business.
You can earn either 5% or 0% annually on certain Amazon and Whole Foods Market purchases for up to 90 days (bonus cashback applies only to eligible orders over $120,000, after which it becomes 1%).
You can get 2% back from U.S.-based gas stations, restaurants, and wireless service providers.
The variable APR for the card is 14.24% to 22.244% depending on creditworthiness.
After approval, new Amazon Business Prime American Express Card holders get a $125 Amazon Gift Card.
Amazon Business Prime American Express Card does not have an annual or foreign transaction fee.
The card benefits include access to Global Assist Hotline and baggage insurance.
Card Summary - Cons
Rates and fees
Highlights
After approval of the Amazon Business Prime American Express Card, you will receive a $125 Amazon.com Gift Card.
Purchases in the United States at Amazon Business and AWS are eligible for a 5% back or 90-day terms. Each calendar year earn 5% back on your first $120,000 purchase and 1% back thereafter.
U.S. restaurant and gas station discounts of 2%, as well as wireless phone services bought directly from U.S. providers. Other purchases eligible for a 1% back Get deeper insight into purchases to simplify expense reconciliation.
You can view Amazon Business purchase items item-by-item in a downloadable PDF file that you can access from your online account.
You can redeem rewards at any time, and they don't expire.
You can save money on Amazon.com or Amazon Business (U.S.), and you can also apply for a credit on your next statement.
Comparative Analysis with Other Cards
Amazon Business Prime American Express Card and American Express Blue Business Cash Card
Annual Fee: While neither card has an annual fee; however, the Amazon Business Prime American Express Card is subject to an Amazon Prime member.
Reward: With the Amazon Business Prime American Express Card, users can choose to either pay no interest for 90 days or earn 5% back when they shop at Whole Foods Market and Amazon. Bonus cash back is available up to $120,000 of eligible purchases. After that, 1% will be applied.
U.S.-based restaurants, gas stations, and wireless service providers will give you 2% back. All other purchases are eligible for 1% cash back.
American Express Blue Business Cash Card Holders get 2% cashback on eligible purchases up to $50,000 annually. Then, 1%.New Amazon Business Prime American Express card holders will receive a $125 Amazon Gift Card upon approval.
After you spend $3,000 on the American Express Blue Business Cash Card within your first three months, you will receive a $250 credit to your account.
Benefits: Amazon Business Prime American Express card holder benefits include baggage insurance, car rental loss and damages insurance, and no foreign transaction fees. American Express Blue Business Cash Card users have access to buy protection, extended warranty coverage and baggage insurance.
They also get access to Global Assist, which offers access to helpline numbers and car rental loss/damage insurance.
Amazon Business Prime American Express Card Vs. Amazon Business Prime American Express Card
Annual Fee: To be eligible for the Amazon Business Prime American Express card, you must have an Amazon Prime Membership. Annual fee for the Ink Business Preferred Credit Card is $95.
Reward Options: With the Amazon Business Prime American Express Card, you can either pay no interest for 90 days or get 5% cashback on eligible Amazon purchases (bonus cash back is only applicable to eligible orders over $120,000). American gas stations, restaurants in the U.S. and wireless services purchased from U.S. suppliers earn cardholders 2% back.
The Ink Business Preferred credit card earns three points for every $150,000 in travel, shipping and internet purchases. You can also use the credit card to make advertising purchases via social media or search engines. Other purchases earn 1 point per $1.
New Amazon Business Prime American Express card holders will receive a $125 Amazon Gift Card upon approval. After spending $15,000 in the initial 3 months of account opening, New Ink Business Prime American Express Card holders receive 100k bonus points.
Chase Ultimate Rewards (r) will give you $1,250 towards travel or $1,000 cash back.
Benefits: Other benefits include no foreign transaction fees and car rental damage and insurance. Cardholders of the Ink Business Preferred Credit Card have access to trip cancellation, interruption insurance, coverage for auto rental collision damage waiver, and protection against cellphone purchase and extended warranties.
Conclusion
Note: Credit Card summary is for informational purposes only and is not an endorsement of the product. Products and services described are offered by third parties and not Bright Money or its partner banks. Bright Money strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider, or specific product’s site and the information has not been reviewed or provided by the issuer of the product before publication.
