The Amazon Business American Express Card is a powerful financial tool designed for business owners who frequently shop on Amazon. Whether you’re purchasing office supplies, electronics, or inventory, this card offers rewards, flexible payment options, and business-focused benefits. If you’re considering this card for your business expenses, this guide will walk you through everything you need to know, including its key features, benefits, drawbacks, and how to apply.
Key Features of the Amazon Business American Express Card
1. No Annual Fee
One of the most attractive aspects of this card is that it has no annual fee, making it a cost-effective option for businesses looking to maximize their spending.
2. Welcome Bonus
New cardholders may qualify for a welcome bonus, typically in the form of an Amazon gift card upon approval. The amount varies based on promotions, but it generally ranges from $100 to $150.
3. Reward Structure
This card offers excellent rewards on purchases made at Amazon and affiliated businesses:
- 3% cash back or 60-day payment terms on purchases at Amazon.com, Amazon Business, AWS, and Whole Foods Market.
- 2% cash back on purchases at U.S. restaurants, gas stations, and wireless telephone services.
- 1% cash back on all other eligible purchases.
The flexibility between earning cash back or using extended payment terms (for qualifying purchases) gives businesses the option to manage cash flow effectively.
4. Flexible Payment Terms
Cardholders can choose between earning 3% cash back or opting for 60-day interest-free extended payment terms on Amazon purchases. This feature is particularly useful for businesses that need to manage expenses over a longer period without incurring interest.
5. Business Tools and Account Management
- Integration with QuickBooks: Easily track expenses and categorize purchases.
- Spend Manager: Allows businesses to manage receipts and categorize spending.
- Employee Cards: You can issue additional cards to employees at no extra cost and set spending limits.
6. Fraud Protection and Security
The card includes American Express fraud protection, ensuring secure transactions. Cardholders are not held liable for unauthorized charges if their card is lost or stolen.
7. Purchase Protection and Extended Warranty
The card provides purchase protection, covering eligible purchases against damage or theft. Additionally, it extends manufacturer warranties on eligible purchases.
Benefits of the Amazon Business American Express Card
✅ High Rewards on Amazon Purchases
If your business makes frequent purchases on Amazon or AWS, this card’s 3% cash back or 60-day payment terms can significantly benefit you.
✅ No Annual Fee
Many business credit cards charge annual fees, but this one does not, making it a cost-effective choice for small and medium-sized businesses.
✅ Flexible Payment Options
The ability to choose between earning rewards and deferring payments gives businesses more control over their cash flow.
✅ Additional Employee Cards at No Extra Cost
Business owners can issue multiple employee cards and monitor spending efficiently.
✅ No Foreign Transaction Fees
This card does not charge foreign transaction fees, which is a great feature for businesses that make international purchases.
Drawbacks to Consider
❌ Limited Reward Categories
While the card offers great rewards for Amazon purchases, other business expenses such as travel and office supplies might not earn as many rewards compared to other business credit cards.
❌ Higher Interest Rate
If you do not pay your balance in full, the card’s variable APR (Annual Percentage Rate) can be relatively high, depending on your creditworthiness.
❌ Rewards Are Amazon-Focused
If your business spends more outside of Amazon, a different business credit card with broader reward categories might be a better choice.
Who Should Get the Amazon Business American Express Card?
This card is ideal for:
- Amazon Business customers who frequently shop on Amazon.com, Amazon Business, or AWS.
- Small and medium-sized businesses looking for a no-annual-fee business credit card with solid rewards.
- Business owners who want flexible payment options and extended payment terms to manage cash flow.
- Businesses that issue employee cards and want spending controls.
How to Apply for the Amazon Business American Express Card
Eligibility Requirements
To apply for the card, you must:
- Be at least 18 years old (or the legal age in your state).
- Own a business (sole proprietorship, LLC, corporation, or partnership).
- Have a good to excellent credit score (typically 700 or higher).
- Provide your Employer Identification Number (EIN) or Social Security Number (SSN) if you’re a sole proprietor.
Application Process
- Visit the Amazon Business Card Application Page
- Go to Amazon’s website or American Express’s official site to find the application form.
- Sign in to Your Amazon Account
- If you already have an Amazon Business account, sign in before applying.
- Fill Out the Application
- Provide your business details, including name, address, industry, and annual revenue.
- Enter personal details such as your name, Social Security Number (SSN), and contact information.
- Submit Your Application
- Once you review and submit your application, you may receive an instant decision or be notified later via email.
- Receive Your Card
- If approved, your card will be mailed within 7-10 business days.
- You may also receive a digital card number for immediate use on Amazon before your physical card arrives.
Conclusion
The Amazon Business American Express Card is a fantastic choice for businesses that shop frequently on Amazon and want to earn rewards while managing cash flow effectively. With no annual fee, flexible payment terms, and valuable business tools, it’s a solid option for business owners looking for a financial edge.
However, if your business spends heavily outside of Amazon, you may want to consider alternative business credit cards with broader reward categories. Before applying, evaluate your spending habits and determine if this card aligns with your financial goals.
Would you like assistance comparing this card with other business credit cards? Let me know!
