Here’s the best way for businesses to save big on day one

Whether Amazon purchases represent a significant portion of your business budget, you may want to consider the Amazon Business Prime American Express Card*. Not only can you save on everyday purchases and get additional savings on ongoing purchases Prime Day Deals, you can also choose short-term, interest-free financing for many Amazon purchases. Additionally, this card offers business-friendly accounting and data integrations to organize your transactions.

You need a Business Prime account — which ranges from $69 to over $10,000 depending on the size and needs of your business — to get this credit card, but there’s no annual fee above. of the. Business Prime membership gives you free same-day, one-day, or two-day shipping on millions of items, plus other benefits.

If your business frequently orders office supplies or other essentials from Amazon, adding this card as an additional business line of credit might be a good idea. Below, we go over the details of the rewards program, welcome offer, and business applications.

Read more: Amazon Prime Rewards Visa Signature Card: The Consumer’s Prime Card

In this article

American Express Amazon Business Prime Card

Introductory offerGet a $100 credit on your statement after making $3,000 purchases with your card in the first 3 months.

APR15.74% – 23.74% variable

Intro Purchase APRN / A

Recommended credit Excellent/Good

Reward rate
  • Get 5% or 90 days back on purchases in the US on Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You’ll earn 5% back on the first $120,000 in purchases each calendar year, 1% back thereafter
  • 2% back at US restaurants, US gas stations and on wireless phone services purchased directly from US service providers
  • 1% discount on other purchases

Annual feesNo annual fee

Late payment fees Up to $39

Foreign transaction fees None

APR Penalty 29.99% variable

  • Get 5% or 90 days back on purchases in the US on Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You’ll earn 5% back on the first $120,000 in purchases each calendar year, 1% back thereafter
  • 2% back at US restaurants, US gas stations and on wireless phone services purchased directly from US service providers
  • 1% discount on other purchases

Awards and Funding

As with most retail credit cards, you have the option of choosing cash back or interest-free financing on most purchases.

When you choose Cash Back with the Amazon Business Prime American Express Card, you’ll earn 5% cash back on select US purchases at Amazon Business, AWS, Amazon.com, and Whole Foods Market. Especially if you have a large company, be aware that there is a spending cap of $120,000 on this rewards rate per year. Any spend over this amount receives a 1% reward rate.

Your other option is interest-free financing for 90 days, which can be useful if you need to buy items now and pay for them later. You are also not required to make any minimum payments or set up installments – you are simply required to repay the full amount by the end of the 90 days. This is a good short-term recurring financing option that may be a better fit for your business than best intro APR cardsas these cards tend to offer higher value at the start and less over time.

The Amazon Business Prime American Express Card also offers a handful of other reward categories. You’ll earn 2% on purchases in the United States at restaurants, gas stations, and wireless phone services (if purchased directly from service providers) and 1% on all other purchases. You will not have the option of short-term funding with these other reward categories.

If your expenses do not correspond to this difference, other business credit cards offer more targeted and business-oriented categories.

Welcome offer

For the welcome offer, you can get a $100 credit if you spend $3,000 in the first three months. Since it’s not competitive with other business welcome offers, don’t weigh it heavily in your decision whether or not to get this card. Chase business cards, for example, offer better welcome offers.

Business integrations

Amazon Business Enhanced Data Views is a program designed to make it easy to track and organize your transactions, making your spend data modular and downloadable. The most distinctive of Amazon’s business-specific integrations, this might be useful if it allows you to recognize additional business information. For example, it can help you predict future expenses if you are setting a budget.

You can connect your Business Prime card to QuickBooks to automate accounting for any transaction made on the card. You can also add employee cards to the account, but these features are typical of most business credit cards.

Similar cards

Amazon Business American Express Card

The Amazon Business American Express* Card is the same card but for businesses without a Business Prime account. It has no annual fee, but you’ll get lower Amazon reward rates without a Prime account. You earn 3% instead of 5% on Amazon.com, Amazon Business, AWS and Whole Foods purchases. Interest-free financing only lasts 60 days instead of 90. Otherwise, the reward categories and welcome offers are the same.

Ultimately, the break-even point where you save more money in rewards compared to the cost of the simplest Business Prime membership ($69 per year) is if you spend $3,450 or more on Amazon in one year.

Bank of America® Business Advantage Customized Cash Rewards Mastercard® Credit Card

While this card doesn’t earn you any Amazon-specific rewards, it does provide more flexibility in how you earn rewards. The highest rewards rate with this card is 3% on a category of your choice: Gas Stations, Office Supply Stores, Travel, TV/Telecom and Wireless, Computer Services, or Business Consulting Services. You’ll also earn 2% on meals and 1% on other purchases.

Like Amazon Business Prime, the Business Advantaged Customized Cash Rewards card has a spending cap, but it’s much lower. You will only earn reward rates of 2% and 3% for a maximum of $50,000 per calendar year, combined (then 1%). Still, if you have a cyclical budget, this flexible rewards feature can come in handy.

You can also take advantage of the introductory APR of 0% for the first nine billing cycles (thereafter a variable APR of 12.99% to 22.99%) for finance any big purchase on Amazon or elsewhere.

FAQs

What is a business credit card?

Business credit cards are specifically for small business owners. They can help you separate your business finances from your personal transactions, distribute and manage employee cards, and earn rewards in typical small business expense categories.

Do you need a Business Prime membership to shop on Amazon?

You don’t need a Business Prime membership to shop on Amazon or Amazon Business, though Business Prime members get free and faster shipping on millions of items, plus other benefits. You need a Prime membership to claim the Amazon Prime Business Card, but there’s a non-Prime equivalent as well.

Does the American Express Amazon Business Prime Card have foreign transaction fees?

There are no foreign transaction fees with the Amazon Business Prime card, which will save you an average of 3% on every transaction you make abroad. However, it is important to note that the 5% reward rate only applies to qualifying purchases in the United States.

Our approach

CNET reviews the maps which are the most in demand and offer the best benefits. We go through the fine print so there are no surprises when you open an account. We find the key factors that make a card stand out and compare them to other top cards. This way, readers can opt for a different card with similar functionality if our choice doesn’t suit them. Our opinions are regularly checked and updated to incorporate new recommendations, as well as to reflect changes in offers and the market.

*All information about the Amazon Business Prime American Express Card and the Amazon Business American American Express Card has been independently collected by CNET and has not been reviewed by the issuer.

Editorial content on this page is based solely on objective, independent assessments by our editors and is not influenced by advertising or partnerships. It was not supplied or commissioned by a third party. However, we may receive compensation when you click on links to products or services offered by our partners.

About Elizabeth Fisk

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