Amazon Business Prime American Express Card: A Comprehensive Overview

The Amazon Business Prime American Express Card is a robust financial tool designed specifically for business owners seeking to maximize rewards and streamline their business expenses. Issued by American Express, this card blends the convenience of online shopping with a wealth of benefits tailored to small and medium enterprises.

Card Type

This credit card is classified as a business card, empowering businesses to accumulate rewards on their day-to-day purchases while managing cash flow effectively.

Annual Fee

The Amazon Business Prime American Express Card does have an annual fee set at $150. However, for many users, the rewards outweigh this cost, especially when paired with other Amazon benefits.

Rewards Program

One of the standout features of this card is its rewards program, which allows cardholders to earn 5% back on purchases made at Amazon.com and Whole Foods Market, provided they have an Amazon Business Prime membership. Additionally, users earn 2% back on purchases at restaurants, gas stations, and office supply stores, while other purchases yield 1% back. Rewards are easily redeemable for statement credits, Amazon purchases, or travel expenses, making it versatile for varied business needs.

Sign-Up Bonus

Upon approval, new cardholders can take advantage of a generous sign-up bonus: Earn a $125 statement credit after making $3,000 in purchases in the first three months of account opening. This bonus helps users jumpstart their rewards accumulation right from the outset.

APR (Annual Percentage Rate)

The regular APR for the Amazon Business Prime American Express Card is competitive at 15.24% to 23.24%, based on creditworthiness. Currently, no introductory 0% APR offers are available, meaning users should be cautious if planning any larger purchases requiring financing.

Foreign Transaction Fees

Traveling abroad with this card? Enjoy the benefits of no foreign transaction fees, making it an excellent option for international business expenses without additional costs.

Balance Transfer Options

Although primarily a business rewards card, it does not offer traditional balance transfer promotions. Cardholders seeking to manage existing balances might need to look elsewhere for 0% APR balance transfer options.

Additional Fees

Other fees to be aware of include a late payment fee up to $40 and a cash advance fee which is either 5% of the amount or $10, whichever is higher. Being mindful of these fees is crucial for maintaining a healthy credit profile.

Card Benefits and Perks

The Amazon Business Prime American Express Card comes packed with various benefits and perks. Cardholders enjoy purchase protection for eligible items, extended warranty services, and travel insurance when purchasing travel through the card. Moreover, the card offers access to exclusive discounts and special offers from Amazon Business Merchant Services.

Customer Protections and Insurance

This card prioritizes customer protections, offering benefits like fraud liability coverage, allowing users to shop with peace of mind. Additionally, eligible cardholders receive up to $1,000 in purchase protection against theft or accidental damage for 90 days from purchase. Furthermore, many cardholders qualify for rental car insurance when they utilize their Amazon Business Prime American Express Card to rent.

Eligibility and Credit Score Requirements

Application for this card typically requires a good to excellent credit score, generally within the range of 700 to 850. This ensures that most applicants will have a solid chance of approval if they meet business and income criteria.

Introductory Offers

The card does not currently feature any significant introductory APR offers, focusing instead on rewarding ongoing spending through its rewards program.

Special Features or Unique Selling Points

This card is particularly unique due to its integration with the Amazon ecosystem. The ability to earn significant rewards on essential business purchases, both online at Amazon and in-store at Whole Foods Market, positions it as a go-to card for frequent Amazon users. Additionally, the straightforward rewards structure makes it easy to understand and use effectively.

How to Apply

If you’re interested in applying for the Amazon Business Prime American Express Card, the process is straightforward. You can begin your application ‘>apply here.

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