Regardless, there’s enough flexibility that most businesses won’t find this an issue. It’s worth noting that you can’t actually cash out your rewards for a check. If you prefer to redeem your rewards toward Amazon purchases and don’t have enough available, you’ll have the option to pay the remainder with your card. Rewards can be redeemed toward Amazon purchases or applied as a statement credit. Plus there’s a welcome bonus of a $100 Amazon gift card, which is automatically deposited into your account upon approval for the card. This American Express card also includes secondary car rental insurance, baggage insurance and return protection.įor purchases at, Amazon Business, AWS or Whole Foods, cardholders have the option to decide between earning 3% cash back up to the first $120,000 per calendar year or 60-day financing with 0% interest.Ĭardholders will also earn 2% cash back at restaurants, gas stations and on wireless telephone services and 1% cash back on all other purchases. Cards also include employee purchase controls so you can stop purchases at a specific limit. There’s no foreign transaction fee on international purchases. The card does offer other benefits, including an gift card upon approval with no spending requirement. For businesses with lagging cash flow, the ability to take an extra billing cycle to pay interest-free could be a blessing-assuming, of course, that you can buy what you need through Amazon. Where the card stands out is the ability to forfeit the 3% rewards category in lieu of 60-day payment terms on Amazon purchases. There’s a Duo plan for $69 per year, but it’s available only as an add-on with consumer Prime (which starts at $139 per year). The lowest cost option for a standalone Business Prime plan is the Essentials plan, which costs $179 per year and allows up to three users. The Amazon Business Prime American Express (compared below) increases rewards to 5% up to the first $120,000 you spend in any calendar year, then 1% within the Amazon family as long as you hold a Business Prime account, beginning at $69 annually for one account, or have an eligible consumer Prime membership. Ironically, companies that spend a lot with Amazon will still do better with a different card. It attempts to set itself apart by also offering 3% cash back on purchases under the Amazon umbrella, including orders on, Amazon Business, Amazon Web Services (AWS) and Whole Foods up to the first $120,000 you spend in any calendar year, then 1%.
The card’s rewards are similar to other business credit cards: Earn 2% cash back at restaurants, gas stations and wireless telephone services as well as 1% cash back on other purchases. For a $0-annual-fee card, the Amazon Business American Express credit card is run-of-the-mill.
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