Amazon Business Prime American Express Card review

Rewards Card

Amazon Business Prime American Express Card

Top Features

• Rewards
• Take advantage of 5% Back or 90 day Terms on U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market with eligible Prime membership. You can earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter. 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers. 1% Back on other purchases.
• Welcome Bonus
• Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
• Annual Fee
• No annual fee

Sponsored card

5.0

Credit Score: Excellent, Good

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ALTERNATE CARD TO CONSIDER

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How do the rewards work with the card_name?

Since the CardName is an Amazon credit card, when you spend money, you’ll benefit the most on Amazon-related purchases. You have two options, in fact, for how this card can earn you rewards. You can either receive cash back on purchases, or enjoy a 90-day interest-free window on eligible U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com and Whole Foods Market. American Express is a CardRatings advertiser.

If you go the cash back route, you will receive…

• 5% cash back on U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com and Whole Foods Market (on up to $120,000 in purchases each calendar year, 1% back thereafter)
• 2% cash back at U.S. restaurants and U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
• 1% cash back on all other eligible spending

We should mention here that the cash back actually will come to you in the form of Amazon rewards points – which can then be applied to purchases on your card statement or toward purchases at the Amazon.com checkout.

Also worth noting, if you aren’t an Amazon Prime member and want this card without being an Amazon Prime member and paying the membership fee, you can get the CardName discontinued (that is, no "Prime" in the title), but instead of getting 5% back, you’ll receive a choice of 3% cash back or a 60-day interest-free window on eligible U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com and Whole Foods Market.

card_name benefits

Amazon advertises a number of Amazon Business related perks including exclusive pricing and quantity discounts, employee purchase control, and enhanced data views on Amazon Business purchases. Add the CardName to your wallet and you can look forward to even more, including:

• A generous welcome offer. Once you’re approved for the card you’ll get a $125 Amazon gift card. That should easily pay for your Amazon Prime membership, unless you have a Business Prime membership with numerous users (when you have up to 10 card users, the fee can be as high as $499; if you have one user with Business Prime, it’s $69). This is a great perk considering the fact that most welcome bonuses require you to spend a certain amount of money within a specific time frame before you’re eligible for the bonus.
• Cash back or cash flow? As noted earlier, with the CardName, you’ll either get a lot of cash back (5% for purchases on Amazon sites up to $120,000 in purchases each calendar year; 2% at U.S. restaurants and gas stations; 1% on everything else) – or you can choose a 90-day interest-free window on eligible U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com and Whole Foods Market. This interest-free window is for the life of the card, and so it isn’t a one-time deal. If you make an eligible purchase, and you select the Payment Terms option, or if your default selection for Payment Terms applies, payment will be due no less than 90 days from the date of purchase. So it really comes down to what you value more. Cash back every time you buy stuff – or the ability to have some breathing room to pay things off before you’re charged interest?
• No foreign transaction fees which means it’s cheaper to travel internationally. (See Rates and Fees)
• Business benefits you would expect, such as purchase protection, extended warranty protection and travel protection (i.e., car rental loss and damage insurance). In other words, the good stuff that a lot of business credit cards have.

Additionally, there are a number of expense management tools that cardholders can look forward to. These include:

• Employee cards. Sure, you would expect that with a business credit card, but, still, it’s helpful.
• Connection to QuickBooks. You can enroll in QuickBooks and have all of your business card transactions automatically tagged with your QuickBooks categories.
• Manage receipts. The American Express Business App makes it very easy for you and your employees to manage your business credit card receipts.
• Vendor Pay by Bill.com. You can improve your cash flow when you use your card to pay bills with Vendor Pay by Bill.com. It basically automates your bill paying and invoice sending. With the basic plan, there’s no monthly fee for the first user. If you have more users or get plan beyond basic, fees may apply.

Does the card_name charge an annual fee?

The CardName does not have an annual fee, but Amazon Prime membership is required to take full advantage of the card. (See Rates and Fees)

For a personal Amazon prime membership, you’ll pay $139 a year, or you can pay $14.99 a month (but that comes to $179.88 a year, so you’ll want to try and avoid that option if you can). As you probably know, there are a slew of benefits to being an Amazon Prime member. You get access to free shipping and streaming access through Prime Video and Amazon Music Prime – and much more.

You also can be a member of Business Prime and get a lot of Amazon business benefits, such as business-only pricing and fulfillment solutions. The cost for Business Prime varies, ranging from $179 a year for up to three users, all the way to $1,299 a year for up to 100 users.

So, depending on whether or not you mind paying for an Amazon Prime membership, this could be a disadvantage of the card, but if you’re using Prime already then this is a moot point.

What credit score is needed for the card_name?

As you probably can guess, the higher your credit score, the better your odds of being approved. The CardName requires good to excellent credit. According to the FICO score model, a good credit score is anything above 670, but keep in mind that there are other factors that American Express might take into consideration when deciding approval for this card.

How do cardholders rate the card_name?

CardRatings conducts a survey annually to learn what actual cardholders think of their cards. Here are the results for the CardName:

How the card_name compares to other cards?

CardName vs. CardName

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The CardName and CardName are pretty evenly matched with cash back rewards – at least when it comes to small business spending categories. They each offer 5% cash back up to a cap. Granted, with Amazon.com, your 5% cash back reach goes a little further, since you can get 5% cash back with purchases from Amazon.com and Whole Foods Market on up to $120,000 spent in a calendar year. With the CardName, cardholders earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each year; and 1% back on all other purchases.

One edge that the CardName has is a 0% intro APR period. This card offers 0% intro APR on purchases for 12 months (then RegAPR). Meanwhile, with the Amazon Business Prime card, if you choose the interest-free window route instead of cash-back rewards, you’ll get 90 days 0% APR on purchases, ongoing. This means that for the life of the card you get 90 days to pay off your purchases before interest kicks in.

Lastly, there’s no doubt that the CardName has a better welcome bonus, at least at first glance— $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. Amazon Business Prime Card offers you only $125, in the form of an Amazon gift card – but without spending a cent.

The CardName has no annual fee.

CardName vs. CardName

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CardName offers 2% cash back on all eligible purchases on up to $50,000 per calendar year, and then 1%. While there’s more rewards-earning potential with the Amazon Business Prime card, CardName could be a better fit for business owners who have expenses all over the place, and not just in specific categories.

There’s also no annual fee, and you may like the "expanding buying power" feature, which lets your business spend beyond its credit limit. New cardholders can earn a $250 statement credit after you make $3,000 in purchases on your card in your first three months. You also may like the 0% intro APR on purchases for 12 months (then RegAPR) offer. (See Rates and Fees)

The CardName does have a 0% APR for 90 days on eligible purchases, and it’s a permanent and not an introductory feature, but to get it, you have to be willing to give up getting cash back. With CardName, for that first year, you can have a 0% APR – and earn cash back.

Is the card_name a good card?

The CardName is a good card – even an excellent one, if you’re an avid Amazon shopper. If you’re somebody who prefers other retailers, then it’s not as good of a fit for you.

But if you like to do business shopping through Amazon, or you like Amazon and are willing to steer your business spending to Amazon, then it’s absolutely a good credit card. With 5% cash back in select categories – or the 90 days 0% APR (if cash flow concerns are more your concern), it’s a business credit card that could, in theory, make your business stronger and healthier when used responsibly.

To see the rates and fees for the American Express cards mentioned in this post, please visit the following links: CardName (See Rates and Fees); CardName (See Rates and Fees)