GET.com's Review of Business Green Rewards Card from American Express
|Highlights||Credit Card Feature|
|Things We Like||Earn 5,000 Membership Rewards® points after your first purchase on the Card|
|Our Least Favorite||$0 introductory annual fee for the first year, then $95 (See Rates & Fees)|
|Our Verdict||Great card to earn points when you spend on travel with American Express|
- Earn 5,000 Membership Rewards® points after your first purchase on the Card
- Earn double Membership Rewards® points for each dollar of eligible purchases made when you book on the American Express Travel website
- Earn one Membership Rewards® point for each dollar you spend on eligible purchases
- Choose rewards from over 500 leading brands in travel, gift cards, merchandise or entertainment
- $0 introductory annual fee for the first year, then $95
- Terms & Limitations Apply
- See Rates & Fees
- Intro APR
- Annual Fee
$0 introductory annual fee for the first year, then $95
- Regular APR
- Credit Required
The Business Green Rewards Card from American Express is a charge card from American Express, a GET.com advertiser, for business owners who want to earn rewards on their everyday business spending and who will pay their balance in full each month. If you spend a lot of money on travel purchases, you might want to consider this card as an option since you can earn double points for each dollar of eligible purchases made when you book on the American Express Travel Website, plus 1 point per dollar spent on other eligible purchases.
After reading through the fine print of this card, I have come up with a summary of the pros and cons about the Business Green Rewards Card from American Express so that you can look it over and decide for yourself if this is a good choice of business card for you.
Things We Like About Business Green Rewards Card from American Express
The 5,000 bonus Membership Rewards® points you earn after you make your first purchase. You earn 5,000 bonus points just by making your first eligible purchase with this business card, regardless of the purchase you make. You will receive these bonus points even if your first purchase only consists of some office supplies or a box of staples. Do note that this first purchase must be made within the first 365 days of account opening.
You earn 2 points for each dollar you spend on travel with American Express. Earn double points when you book air, prepaid hotel, vacation packages (flight + hotel packages), American Express Vacations packages or cruise reservations with the American Express Travel Website. Eligible travel purchases do not include car reservations and non-prepaid hotels. Make sure to pay with this business card.
You earn 1 point for each dollar you spend. You will receive 1 point for every dollar you spend on each of your purchases.
Employee card at no extra cost. You pay a $0 annual fee for employee cards, so if you have employees and want to give them employee cards to use for business transactions, you can save money with this benefit. Employee cards make it easy to track employee business-related spending because each transaction posts to just one main business card account.
Solid business tools. One of the main benefits of using a payment card account for your business is that all your payment information is recorded and easily accessible. Here are additional benefits that this card gives you:
- ReceiptMatch: This app lets you add receipts, tags and notes to your transactions either via a computer or mobile device. That means both you and your employees can easily capture receipts and add relevant tags or a note on the go.
- Account Manager: If you have a trusted business partner, employee or accountant, you can give them access to manage your account, including tasks like making payments, disputing charges and reviewing statements.
- Apps: Amex apps for your phone or tablet make it possible for you to check your balance, pay your bill and perform other basic tasks relating to account management.
- OPEN Forum®: This is an idea we would like to see more card issuers try out. This forum provides information relevant to business owners, including shared experience from other business owners.
The Membership Rewards program. The points you earn with this card can be redeemed for practically anything, which means that regardless of whether you like redeeming your accumulated points to pay for travel, gift cards or to purchase office supplies, you will be able to so with this card.
You don't have a pre-set spending limit Since this is a charge card, you won't be able to carry a balance, but you also won't have to pay any interest. This card has no pre-set spending limit. That doesn't mean you get unlimited spending power, but it does mean that your spending limit adjusts based on your use of the card, as well as your payment history, credit record, other financial resources known to American Express, and other factors.
Travel insurance. Using this card to pay for travel bookings is a good idea all around, because doing so gives you complimentary travel insurance coverage. Here's the coverage you get:
- Car rental loss and damage insurance
- Baggage insurance
- Travel accident insurance
Shopping benefits. When you pay for purchases using this card, you benefit from purchase protection (your purchases may be reimbursed in the event of acidental damage or theft) and extended warranty (you might get an extension on the original manufacturer's warranty).
Our Least Favorite Things About Business Green Rewards Card from American Express
$0 introductory annual fee for the first year, then $95 (See Rates & Fees). After the first year, you will have to pay an annual fee of $95 in order to remain a cardholder.
How Other Cards Compare With Business Green Rewards Card from American Express
|Annual Fee:||$0 introductory annual fee for the first year, then $95|
|Credit Required:||Excellent Credit|
|See Rates & Fees||Terms Apply|
|Intro APR:||0% intro APR on purchases for 15 months|
|Regular APR:||14.49% - 21.49% (Variable)|
|Credit Required:||Excellent Credit|
|See Rates & Fees||Terms Apply|
Business Green Rewards Card from American Express is the classic Amex card for business and gives you all the basic features that you would expect to find on a top business charge card, including rewards.
Business Green Rewards Card from American Express is a good choice of business charge card for you if you want to earn rewards on all your business spending. You will receive 5,000 bonus points after making your first eligible purchase.
American Express origins as a travel-based financial service provider are apparent in this business version of the classic green card. Business owners who spend a lot on travel purchases and enjoy convenience will be rewarded with 2 points for each dollar of eligible American Express Travel booking purchases. Membership Rewards points can also be redeemed for travel purchases through Amex travel service. And since this is an American Express card, you will enjoy their 24/7 customer service and support, a support community, and outstanding benefits.
The most important thing to note about this card is that it is a charge card that requires you to pay your balance in full each month, and this may appeal more to business owners who don't need a line of credit. Terms & limitations apply.
For rates and fees of the Business Green Rewards Card from American Express, please click here.
However, if you prefer a line of credit and are likely to hold balances on your card, you should go for a credit card instead. You could check out SimplyCash® Plus Business Credit Card from American Express, a cash back credit card by American Express (read our review of SimplyCash® Plus Business Credit Card from American Express here).See more American Express credit cards.