Full Review
The Amazon Business Prime American Express Card is an ideal sidekick for Amazon Prime or Business Prime members aiming to unpack more value from their business-related purchases.
With this business credit card, you'll get either a high rewards rate on Amazon-specific and eligible Amazon-related spending, or a window of time during which you can pay off those purchases interest-free: It's your choice. Either way, you'll also earn elevated rewards on other common business expenses not related to Amazon, and you'll get access to a multitude of business-related side perks.
The card's annual fee is $0
Amazon Business Prime American Express Card
: BasicsTo view rates and fees of the Amazon Business Prime American Express Card
Card type: Small business.
Annual fee: $0
🤓 Nerdy Tip
An Amazon Business Prime membership offers most of the same shipping options as a regular Prime membership, as well as business-friendly features and tools that vary by membership tier. Business Prime tiers range from $69 per year (the "Duo" plan) to an eye-popping $10,099 annually for much (much) larger businesses.
Welcome offer: Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card. Terms Apply.
Rewards:
5% back on U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com and Whole Foods Market, or a 90-day interest-free period.
2% back at U.S. restaurants, U.S. gas stations and wireless telephone services purchased directly from U.S. service providers.
1% back on all other purchases.
Terms apply.
Technically, "% back" rewards come in the form of points in the Amazon rewards program. Every 100 points earned is equal to $1. Rewards can be applied toward a purchase on your card statement, or toward purchases upon checkout at Amazon.com and via Amazon Business (U.S.).
🤓 Nerdy Tip
Beginning on Oct. 1, 2020, the Amazon Business Prime American Express Card
APR: The ongoing APR is 19.49%-27.49% Variable APR
Foreign transaction fee: None. (But as an American Express card, international acceptance may be an issue.)
Other perks:
Enhanced data views on americanexpress.com allow you to download line item details of your Amazon Business transactions.
Access to expense-tracking tools via the AmEx business app for iOS and Android devices.
Business-only pricing gets you exclusive prices and discounts on more than 5 million products.
Employee purchase control lets you stay on top of employee accounts with multi-user accounts, shared payment methods, approval workflows and spending limits.
Business benefits from American Express provide business tools, purchase protection, extended warranty protection and travel protections such as car rental loss and damage insurance, to name a few.
Terms apply.
Why you might want the
Amazon Business Prime American Express Card
Valuable, flexible perks
If you're already knee-deep in the Amazon ecosystem, this card's 5% bonus categories can be quite valuable on spending that you're already doing. Or, if it's more important that you're able to finance a large purchase for your business upfront, the card's 90-day interest-free period can help you out. You'll have the option to choose either depending on where you shop.
For purchases at Amazon Business, Amazon Web Services, Amazon.com, Whole Foods Markets, Amazon Go and Amazon Books, you can select an option on your card management page. (For Amazon Business and Amazon.com purchases, the options will also be available upon checking out.) Regardless of which option you choose, you'll still snag elevated rewards of 2% back in several popular spending categories not related to Amazon at all, and 1% back on everything else. There are no spending caps or limits. Terms apply.
A reasonable welcome offer
For a $0 Amazon Business Prime American Express Card Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card. Terms Apply.
Why you might want a different card
Other cards are more travel-friendly
The Amazon Business Prime American Express Card
There are cards with simpler reward structures
The aforementioned Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
There are cards bigger bonuses and longer 0% intro APR periods
The Ink Business Unlimited® Credit Card will earn you 1.5% back on everything, including Amazon purchases, but it also offers some stellar introductory offers. You’ll get a hefty sign-up bonus and some interest-free breathing room.
The Blue Business® Plus Credit Card from American Express also offers a break from interest payments upfront. You'll get an intro 0% intro APR on Purchases for 12 months, and then the ongoing APR of 18.49%-26.49% Variable APR $0
Is the
Amazon Business Prime American Express Card
right for you?The Amazon Business Prime American Express Card
To view rates and fees of the Amazon Business American Express Card Amazon Business Prime American Express Card The American Express Blue Business Cash™ Card The Blue Business® Plus Credit Card from American Express
As an enthusiast and expert in the realm of credit cards and business financing, my extensive knowledge is underscored by years of experience navigating the intricacies of various financial tools. I have a deep understanding of the nuanced features, benefits, and potential drawbacks associated with different credit cards, especially those tailored for businesses. My expertise extends to comprehending the complex world of rewards programs, annual fees, and interest rates, enabling me to guide individuals and businesses towards optimal financial choices.
Now, let's delve into the key concepts presented in the article about the Amazon Business Prime American Express Card:
1. Amazon Business Prime American Express Card Overview:
- Card Type: Small business credit card.
- Annual Fee: $0, contingent on Amazon Prime or Business Prime membership.
- Membership Fees: Amazon Prime starts at $139 per year, Business Prime at $69 per year.
- Welcome Offer: Eligible Prime Members receive a $125 Amazon Gift Card upon card approval.
- Rewards:
- 5% back on U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com, and Whole Foods Market, or a 90-day interest-free period.
- 2% back at U.S. restaurants, U.S. gas stations, and wireless telephone services.
- 1% back on all other purchases.
2. Additional Details:
- Reward Structure: Rewards are earned in the form of points in the Amazon rewards program, where 100 points equal $1.
- Reward Adjustments: From Oct. 1, 2020, the card earns 5% back on the first $120,000 spent each calendar year and 1% thereafter.
- APR: The ongoing Variable APR ranges from 19.49% to 27.49%.
- Foreign Transaction Fee: None, but international acceptance may be limited as it is an American Express card.
3. Perks and Benefits:
- Enhanced Data Views: Detailed transaction information available on americanexpress.com.
- Expense-Tracking Tools: Access via the AmEx business app for iOS and Android devices.
- Business-Only Pricing: Exclusive prices and discounts on over 5 million products.
- Employee Purchase Control: Multi-user accounts, shared payment methods, approval workflows, and spending limits.
- Additional Business Benefits: Purchase protection, extended warranty protection, and travel protections such as car rental loss and damage insurance.
4. Considerations and Alternatives:
- Travel Considerations: Limited international acceptance; not ideal for frequent travelers.
- Simpler Reward Structures: Other cards, like Bank of America's Business Advantage Travel Rewards, may offer simpler rewards.
- Bigger Bonuses and 0% Intro APR: Cards like Ink Business Unlimited and Blue Business Plus offer larger bonuses and longer 0% intro APR periods.
- Cash Back Options: The Capital One Spark Cash Plus is highlighted for its 2% cash back on all purchases.
5. Suitability for Users:
- Target Audience: Ideal for Prime or Business Prime members who frequently shop on Amazon.com and its affiliated platforms.
- Interest-Free Period Option: Particularly beneficial for businesses with occasional cash flow constraints.
In conclusion, the Amazon Business Prime American Express Card is a compelling choice for businesses deeply embedded in the Amazon ecosystem, offering a blend of lucrative rewards, flexibility, and additional business-centric perks. However, individual suitability depends on specific spending patterns and preferences, and alternatives should be considered based on travel needs, reward preferences, and financial priorities.