July 15, 2024

Enterprise house owners have many choices to select from when contemplating enterprise bank cards. The Amazon Enterprise Prime Card could also be a sensible choice for many who spend some huge cash at Amazon-owned properties for his or her enterprise bills. Learn on for an in depth evaluate so you possibly can decide if it’s the most suitable choice for you.

TIME’s Take

The card_name is a strong contender for enterprise house owners who make purchases on Amazon. You possibly can earn 5% again on purchases at any Amazon-owned property and redeem these factors on extra Amazon purchases. You possibly can select 90 Day Phrases on U.S. purchases at Amazon.com curiosity as a substitute of incomes factors. Additionally, when you don’t wish to use your factors on Amazon purchases, you possibly can redeem them for assertion credit score as a substitute.

Who’s the cardboard for? 

The card_name is a strong selection for small enterprise house owners who primarily buy the gadgets essential to run their enterprise from Amazon.com, Amazon Net Providers, and Complete Meals. You’ll benefit from the highest cash-back rewards (5%) when buying items or providers from these shops. Earn 5% again on the primary $120,000 in purchases every calendar yr with eligible Prime Membership, and 1% Again thereafter.(Phrases & cap apply). In case you have a tendency to buy your online business wants elsewhere, you’ll solely get 1% money again on all different eligible purchases —and there are higher offers elsewhere.

Rewards construction 

This card’s rewards are ideally structured for enterprise house owners who spend some huge cash at Amazon-owned properties, resembling Amazon.com, Amazon Enterprise, or Amazon Net Providers. Study extra about incomes and redeeming rewards with the card_name.

Incomes rewards

With an card_name, you’ll earn a powerful 5% money again on purchases from any retailer or web site that falls beneath the Amazon umbrella. This consists of purchases from Amazon Enterprise, Amazon.com, Amazon Net Providers, and Complete Meals shops. Nevertheless, there’s a catch—the 5% money again is just legitimate on the primary $120,000 value of purchases per calendar yr. After that the cash-back quantity drops to 1%.

You’ll additionally earn 2% money again on purchases at U.S. eating places, fuel stations, and wi-fi telephone providers purchases instantly from service suppliers. All different purchases will earn 1% money again year-round, with no cap. That is comparatively low in contrast with many different playing cards, which is why enterprise house owners who don’t spend some huge cash on Amazon-related purchases might favor to decide on a unique card for his or her enterprise wants.

5% on first $120,00 per calendar yr, 1% thereafter

U.S. eating places, fuel stations, and wi-fi telephone suppliers

Redeeming rewards

There are two methods to redeem rewards with the card_name. The primary is to redeem factors for purchases on Amazon.com and its subsidiaries; the second is to make use of the factors as an announcement credit score.

  • Redeeming rewards on Amazon. To redeem rewards this manner, you’ll add your buy to your cart and select “Store with Factors” at checkout. You possibly can select to redeem some or all your factors, and you’ll break up them as much as pay partially with factors and partially with money.
  • Redeeming rewards as assertion credit score. You can even redeem rewards as an announcement credit score, which decreases your bank card invoice. That is legitimate on all purchases utilizing this card, not simply Amazon.com purchases.

Further hidden perks

Along with the Amazon-centric rewards, this card affords a number of particular perks for enterprise house owners, together with easy expense administration, journey safety, buy and return safety, and no international transaction charges.

90-day phrases

Whereas the primary perk of this card is the 5% money again on Amazon purchases, you possibly can select to go for the Cost Phrases possibility as a substitute. This characteristic means that you can finance a purchase order for 90 days with out accruing extra curiosity.

Expense administration

Being an card_name cardholder, provides you entry to quite a few instruments to assist handle your online business bills. These embrace:

  • Account Supervisor. This instrument means that you can assign a particular worker to handle sure elements of your American Categorical account, together with monitoring transactions, reviewing funds, and including Worker Playing cards.
  • Worker Playing cards. Including Worker Playing cards permits your workers to earn money again or select fee phrases on eligible purchases.
  • Hyperlink to QuickBooks. You possibly can join your card to have your bills be robotically tagged together with your QuickBooks expense classes for simpler bookkeeping.
  • 12 months-end abstract. On the finish of the yr, you’ll obtain a abstract of all purchases by month and buy kind.
  • On-line statements. Means that you can view your buy historical past, create reviews, and create budgets for your online business bills.
  • Vendor Invoice Pay from Invoice.com. Your card_name means that you can pay distributors by way of Invoice.com for no month-to-month charge.

Journey safety

In case you or your staff journey incessantly for enterprise, the card_name may help. The cardboard affords rental automotive insurance coverage as much as $50,000 for the primary 30 consecutive days, and baggage insurance coverage protection from $500 to $1,250. The cardboard additionally has foreign_transaction_fee international transaction charges.

Buy and return safety

This profit provides you buy safety of as much as $1,000 per merchandise, or as much as $50,000 per calendar yr. This protection will kick in if a purchase order is stolen, misplaced, or broken inside 90 days from the date of buy. It additionally offers return safety of as much as $300 per merchandise, or as much as $1,000 per yr, on gadgets that may’t be returned inside 90 days of buy.

What may very well be improved?

The card_name is an effective possibility for enterprise house owners who make a variety of Amazon purchases. It’s doubtless not value it for companies that spend nearly all of their cash outdoors of Amazon, as rewards will be redeemed solely on Amazon or as an announcement credit score. If this card had been to permit extra methods to redeem rewards—resembling exchanging factors for present playing cards or money again— it might be a extra worthwhile selection for a wider vary of enterprise house owners. If card_name isn’t the most effective match, it’s value contemplating a number of the playing cards under.

The way it compares

As much as 5% money again at Amazon Enterprise, AWS, Amazon.com and Complete Meals Market. Phrases & cap apply.

5% money again on accommodations and rental automobiles booked by way of Capital One Journey; 2% money again on all different purchases

2% money again: 1% while you make a purchase order and 1% while you pay it off

5% money again on workplace provides, web, cable, and telephone providers on the primary $25,000 every account calendar yr; 2% money again at eating places and fuel stations on the primary $25,000 every account calendar yr; Earn 1% money again on all different purchases




Unbeatable rewards

In the end, the card_name could also be the most effective bank cards for Amazon Enterprise Prime members. The flexibility to redeem rewards factors for Amazon purchases means enterprise house owners who purchase most of their provides and enterprise wants from an Amazon-owned retailer or web site can save on their bills. 

Steadily requested questions (FAQs)

What sorts of rewards does the Amazon Enterprise Prime American Categorical Card have?

The primary reward that the Amazon Enterprise Prime AmEx affords is the power to redeem factors on Amazon.com, Amazon Net Providers, Amazon Enterprise, and Complete Meals purchases. Alternatively, you possibly can select to finance a purchase order curiosity free for as much as 90 days.

What credit score rating do I must get an Amazon Enterprise Prime American Categorical Card?

Typically, you’ll want a credit score rating that falls within the “credit_score_needed” vary with a purpose to be accepted for an card_name. Which means a credit score rating of 690 or extra.

Do it’s essential be an Amazon Prime member to get an card_name?

Sure. In case you aren’t a Enterprise Prime member, you’ll want both to buy a membership (beginning at $69 per yr) or persist with the common card_name.

Is it necessary to make use of my Amazon Prime Enterprise Amex rewards on Amazon purchases?

Not precisely. Whereas factors can’t be redeemed for present playing cards or at every other retail shops, you need to use them as assertion credit score in your bank card when you favor.

The data offered right here is created independently from the TIME editorial workers. To be taught extra, see our About web page.