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American Express Business Green Card Review
Read more about Business Green Rewards Card from American Express OPEN
The American Express Business Green Card gives you a way to flexibly manage your business expenses while earning points for all kinds of rewards. This card also comes with a nice sign-up bonus for the first year to make it an even better deal. While this card charges a moderately high annual fee of $95, you’ll more than make this back in rewards as long as you use your card frequently.
Pros and Cons
Good charge card for small business owners with reliable cash flow
Every time you make a purchase with the American Express Business Green Card, you earn reward points. You earn 1 point for every dollar you spend on the card. You can also earn bonus points by making purchases through American Express. You get 2 points for every dollar spent with American Express Travel. You can also earn up to 10 points per dollar by shopping through the many retailers on the American Express reward website. There is no limit to the number of points you can earn per year and the points never expire. This rewards program applies both to your card and any cards you give to your employees. There is no fee to add employee cards to your account.
Once you’ve collected points, they can be redeemed for a variety of rewards. American Express offers a flexible rewards program for travel. You can convert your points into flights with any airline without worrying about blackout dates. You can also roll over your points into over 20 frequent flyer programs. If you aren’t interested in flights, you can use your points for hotel stays, merchandise, or as a credit to pay down your card balance.
Once you first get your American Express Business Green Card, you are eligible for a couple extra bonuses. After your first purchase, you receive an extra 5,000 bonus points to welcome you to American Express. In addition to the extra points, American Express also waives the card’s annual fee for the first year. After the first year, you’ll need to pay the $95 to keep your card active.
Running a business is not always predictable. Some months will have more expenses than others. If you use a business card with a fixed spending limit, you could run out of credit by the end of the month. The American Express Business Green Card does not have a set spending limit. This is because the Green Card is a charge card, not a credit card. You need to pay off your balance in full each month in exchange for being able to spend whatever you want.
This is a good choice for a business owner that has steady cash flow and wants to get a high level of rewards for his business. To use this card, you must be able to pay off your balance each month.
Disclaimer: This content is not provided or commissioned by the company whose products are featured on this site. Any opinions, analyses, reviews or evaluations provided here are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by the Advertiser. This site may be compensated through the Advertiser's affiliate programs.
Disclaimer: This content was first published on August 10, 2012. This content may have been updated on August 11, 2012. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check American Express website for updated information.
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