American Express
Amazon Business Prime Card
Key Features
| Annual Fee | $0.00 |
| Regular APR | APR on purchases will be a variable rate, 17.74% - 25.74%, based on your creditworthiness and other factors as determined at the time of account opening. |
| Network | American Express |
About this card
The Amazon Business Prime American Express Card is a strong offering, particularly for businesses that make frequent purchases on Amazon, AWS, and Whole Foods. Its standout feature is the 5% back on these purchases, which can result in significant savings, especially for high-volume businesses. The $125 Amazon gift card sign-up bonus provides immediate value. The card also offers 2% back on restaurants, gas stations, and wireless services. The flexibility to choose between rewards and 90-day interest-free payment terms on Amazon purchases is a notable perk for managing cash flow. The $0 annual fee is a major advantage, further enhancing its value proposition. However, the card's high APR (17.74% - 25.74%) is a significant drawback. The rewards are heavily focused on Amazon purchases, which might not be ideal for businesses with diverse spending habits. American Express may also have slightly lower acceptance than other networks in some regions. Considering these factors, the card is best suited for Amazon-centric businesses that can take full advantage of the 5% back rewards and pay their balances on time to avoid high-interest charges. Its strengths in rewards and fees outweigh its weaknesses in APR and limited category diversity, justifying a rating of 4.1.
Pros & Cons
What's great
- No annual fee
- Generous sign-up bonus
- Cashback on purchases
- No foreign transaction fees
Things to consider
- High regular APR
- Limited rewards categories
What this card offers
Sign-up bonuses
- Get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
Rewards
- 5% Back with Eligible Prime Membership on U.S. purchases at Amazon.com, Amazon Business, AWS, and Whole Foods Market. Earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter.
- 2% Back on U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers.
- 1% Back on all other eligible purchases.
Other features
- Amazon Business Enhanced Data Views Gain deeper insights on purchases and simplify expense reconciliation. With enhanced data views, you can see Amazon Business purchases listed item by item in an easily downloadable file from your online statement.
- Amazon Shop with Points Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- No Foreign Transaction Fees on international purchases.
Additional Notes
American Express can be accepted at 99% of places in the US that accept credit cards.3 3Based on the Feb 2024 Nilson Report. Your personal credit score may be impacted if you submit an application.