American Express
Business Green Rewards Card
Key Features
| Annual Fee | $95.00 |
| Sign-up Bonus | 25,000 Membership Rewards Points |
| Rewards Rate | 1X-2X Points |
| Regular APR | APR on purchases will be a variable rate, 17.74% - 28.49%, based on your creditworthiness and other factors as determined at the time of account opening. |
| Network | American Express |
About this card
The American Express Business Green Rewards Card receives an overall rating of 1.6 out of 5.0, placing it firmly in the 'Poor' category. This assessment is driven by consistently low ratings across its APR (1.5), Rewards (1.8), and Fees (1.5), all of which are significantly below average. The card's $95 annual fee is particularly difficult to justify, given its extremely low ongoing rewards rate of 1x point on most purchases and only 2x on AmexTravel.com bookings. This pales in comparison to many competitors, including other American Express business cards that offer better earning potential, often with no annual fee. Furthermore, the absence of an introductory APR period combined with a high regular variable APR (up to 28.49%) makes it a very costly option for businesses that may need to carry a balance. While the card benefits from the strong reputation of American Express and access to the valuable Membership Rewards program, these advantages are severely undermined by the card's outdated structure and uncompetitive value proposition. The market consensus, as highlighted by financial publications and user forums, views this card as a legacy product that is largely unrecommended due to its poor benefits-to-cost ratio. Its 'Pay Over Time' feature and 'No Preset Spending Limit' offer some flexibility, but these do not compensate for its fundamental weaknesses in rewards and fees. Ultimately, this card struggles to provide compelling value for its target audience when superior alternatives are readily available.
Pros & Cons
What's great
- Generous sign-up bonus
- Rewards on purchases
- Flexible spending limit
- Payment flexibility with Pay Over Time feature
Things to consider
- Annual fee applies
- No introductory APR period
- High regular APR
- Limited elevated rewards categories
What this card offers
Sign-up bonuses
- Earn, previously 15,000, now 25,000 Membership Rewards Points
- Earn 25,000 Membership Rewards Points after you spend $3,000 on eligible purchases on the Business Green Rewards Card within your first 3 months of Card Membership.
Rewards
- 2X POINTS On Flights & Prepaid Hotels Booked on AmexTravel.com or the Amex Travel App
- 1X POINTS On Other Eligible Purchases made using your Business Green Rewards Card.
Other features
- Pay Over Time feature
- The Pay Over Time feature lets you carry a balance with interest on eligible charges, up to your Pay Over Time Limit.
- Eligible charges will be automatically added to a Pay Over Time balance, up to the Pay Over Time Limit.
- You can choose to pay for these charges over time with interest, or you can pay your full balance each month, whichever is best for your business.
- You must pay in full any charge or a portion of a charge that is not added to a Pay Over Time balance.
- No Preset Spending Limit
- No Preset Spending Limit means the spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history. In certain instances, we may assign a specific spending limit to a Card Member's account. This can be due to a variety of factors such as credit score, past due payments with us or other creditors, or high balances on revolving credit accounts. If a Preset Spending Limit is placed on your account, we will notify you, tell you why, and explain how it impacts how much you can spend.
- American Express can be accepted at 99% of places in the US that accept credit cards.
Additional Notes
Know if you're approved with no personal credit score impact