Key Takeaways:
-
Amex business credit cards offer wide ranging benefits from high-value rewards to flexible credit limits, entrepreneurs or even Freelancers, gig workers, and side hustlers can also qualify unlocking valuable rewards for their businesses
-
Consider getting enticing travel-centric cards like the Business Platinum Card with premium travel perks and co-branded options like Delta SkyMiles cards, ideal for airline-specific rewards.
-
For businesses focused on simplicity and cash back, cards like the Blue Business Cash Card offer straightforward 2% cash back on eligible purchases without an annual fee.
In today’s dynamic business landscape, having the right credit card can significantly impact the financing strategy of your business.
If you’ve been holding back on applying for a small-business credit card, you might be missing out on valuable rewards or cash back that add up quickly into hundreds or even thousands of dollars.
Owning a brick-and-mortar business isn’t the only qualifier for a business card; freelancers, Uber or Lyft drivers, and individuals with profitable side hustles may also be eligible.
American Express offers a range of business credit cards tailored to diverse needs, including high-value rewards, flexible credit limits, and industry-leading perks.
Everything About American Express Business Credit Cards
American Express is a renowned provider of business credit cards, offering tailored solutions to meet the financial needs of entrepreneurs and business owners.
These cards come with a plethora of benefits, including rewards programs, purchase protection, and business management features.
Whether you’re a startup seeking efficient expense management or an established enterprise looking for robust business solutions, American Express has a credit card to suit your requirements.
For those craving flexible rewards, the Business Platinum Card from American Express beckons with a generous welcome offer of 120,000 points after spending $15,000 on eligible purchases in the first three months.
Alternatively, if you prefer a no-annual fee option, consider The Blue Business Plus Credit Card from American Express, earning 2 Membership Rewards points per dollar spent on every purchase.
Additionally, Amex offers an enticing lineup of co-branded small-business credit cards with top hotel and airline partners – helping you earn rewards for your travel spend, including the Hilton Honors American Express Business Card, promising automatic Gold Hilton status and a substantial sign-up bonus of 130,000 Hilton Honors bonus points.
Like to fly with Delta SkyMiles? Explore the Delta business credit cards, unlocking perks like priority boarding and a complimentary checked bag for you and up to eight companions.
Best American Express Business Credit Cards
Choosing the best American Express business credit card requires a thoughtful evaluation of your business requirements and spending patterns.
These cards offer unique benefits, rewards, and management features. Let’s explore the top features and benefits that make these cards stand out in the market.
-
American Express Business Platinum Card - Best for Premium Travel Perks
The Amex Business Platinum Credit Card stands out as the top American Express Business Card, offering a range of exclusive benefits.
It offers 5x points on flights and prepaid hotels and 1.5x points on key business category purchases.
With a generous welcome bonus of 120,000 Membership Rewards points, cardholders enjoy access to airport lounges, elite status with hotels, and travel perks.
The annual fee of $695 is justified by the numerous credits, including a $200 airline fee credit and up to $400 in Dell credits.
-
Delta SkyMiles Gold Business American Express Card - Ideal for Delta Flyers
The Delta SkyMiles Gold Business Card is a stellar choice for frequent Delta Airlines travelers.
You can earn 50,000 bonus miles as a welcome bonus and 2x miles on purchases made directly with Delta.
Enjoy perks like a free checked bag, priority boarding, 20% in-flight savings, baggage insurance plan, etc.
With a $100 Delta Flight Credit, valuable expense management tools, and no foreign transaction fees, this card is tailored for businesses with Delta loyalty.
-
American Express Blue Business Cash Card - Top Pick for Cash Back
Recognized for its simplicity and cash-back benefits, the American Express Blue Business Cash Card is a top choice for small businesses.
This no-annual-fee credit card offers 2% cash back on all eligible purchases up to $50,000 per year, and 1% thereafter.
The straightforward rewards structure, with valuable features like expense management tools, purchase protection, and extended warranty, makes it an efficient and cost-effective solution for businesses seeking cash back without the complexity of points or miles.
-
Blue Business Plus Credit Card from American Express - Best for Everyday Business Spending
The Amex Blue Business Plus Card is celebrated for its flexibility and reward potential. It offers 2X Membership Rewards points on the first $50,000 in purchases each year, making it an attractive option for businesses with moderate spending.
The 0% introductory APR on purchases for the first 12 months and 15,000 one-time bonus points add financial flexibility.
The simplicity of earning points and the absence of an annual fee make it an excellent choice for businesses looking for a reliable and cost-effective rewards card.
-
Delta SkyMiles Platinum American Express Card - Premier Delta Travel Rewards
For elevated travel experiences, the Delta SkyMiles Platinum Credit Card stands out.
With a generous sign-up bonus, the card offers 3x miles on purchases made with Delta and at hotels and 2x miles on dining and groceries.
The $250 annual fee is justified by premium perks like- annual companion certificates, first checked bag free, and Delta Sky Club access.
With added benefits like travel insurance and accelerated status qualification, it’s a top pick for frequent Delta flyers.
-
American Express Business Gold Credit Card - Top Choice for Diverse Business Expenses
The Amex Business Gold Card is renowned for its robust rewards structure, making it a standout among American Express business cards.
With 4x points in your top two categories like advertising, shipping, restaurants, and commuting, it caters to diverse business expenses.
Cardholders benefit from 3x points on flights and prepaid hotels, business credit, and a generous sign-up bonus.
The absence of foreign transaction fees, purchase protection, and cell phone protection coverage further enhances its appeal, making it an ideal choice for businesses with varied spending patterns.
-
Marriott Bonvoy Business American Express Card - Best for Marriott Hotel Benefits
The Amex Marriott Bonvoy Business Credit Card excels in offering lucrative rewards for businesses with a complimentary Marriott Bonvoy Silver Elite status.
It also provides valuable benefits like an annual free night award, elite status, and bonus points for Marriott stays.
It offers 4x points at restaurants, gas stations, shipping, and wireless phone services and 2x for all other purchases.
The card’s versatility and Marriott-centric hotel perks make it a standout in the business card landscape.
-
Hilton Honors American Express Business Credit Card - Best for Hilton loyalists
The Amex Hilton Honors Business Card is known for its exceptional rewards and hotel perks.
With 3x points on every purchase, cardholders enjoy complimentary Hilton Honors Gold status and the potential to earn Diamond status.
The free night reward and priority pass to over 1,300 airport lounges enhance the card’s value.
With no foreign transaction fees and 6x points on select business purchases and travel expenses, this card is a compelling choice for businesses looking to maximize hotel stays and Hilton Honors benefits.
American Express Business Cards Benefits
American Express business cards are loaded with benefits designed to empower businesses of all sizes. From travel perks and expense management tools to excellent rewards programs, these cards offer a plethora of advantages.
-
Lucrative Rewards ProgramsCardholders can earn Membership Rewards points or cash back on several eligible purchases, providing opportunities for savings and business-related perks.
-
Expense Management ToolsYou get access to handy tools and features that streamline expense tracking, helping businesses manage and control their financial outlays effectively.
-
Great Travel PerksEnjoy travel-related perks, such as airport lounge access, travel insurance benefits, priority boarding, free checked bags, and other privileges that make business trips more convenient and relaxed.
-
Purchase ProtectionsYou can also benefit from purchase protection and extended warranties, safeguarding business purchases against damage, loss, or defects.
-
Dedicated Customer ServiceReceive personalized customer service with dedicated business support, ensuring quick resolutions to any issues or queries.
-
Business Management ResourcesAccess additional resources, such as business insights, expense categorization, and financial reporting tools, aiding in informed decision-making and financial planning.
Pros and Cons of Amex Business Credit Cards
Delving into the world of Amex Business Credit Cards reveals a spectrum of advantages and potential drawbacks. Understanding these financial tools can empower businesses to make informed decisions.
Pros
-
Rewards and Benefits: Amex Business Cards offer lucrative rewards programs, including Membership Rewards points, cash back, and various business-related perks, such as travel benefits and purchase protections.
-
Expense Management: These cards provide robust tools for expense management, helping businesses track and control spending efficiently. Features like receipt matching and categorization streamline financial processes.
-
Travel Privileges: Business cardholders can enjoy travel benefits, such as airport lounge access, travel insurance, and exclusive offers, enhancing the overall travel experience for business-related trips.
Cons
-
Liability: Entrepreneurs could bear personal responsibility for outstanding balances on their business credit cards, and the impact of business credit may extend to affect personal credit scores.
-
Annual Fees: Some Amex small business credit cards may have annual fees, and while the benefits often outweigh the costs, businesses should consider their spending patterns to determine if the fees are justified.
How to apply for an Amex business card?
Applying for an American Express business card is almost the same process as applying for a personal Amex credit card.
Follow these four steps to initiate your application and unlock the financial advantages that come with an Amex business card.
-
Create a Business Profile
To start the application process, gather essential business information, including your business name, address, annual revenue, federal tax ID, and monthly spending.
-
Select the Right Card
Choose the American Express business credit card that aligns with your business needs and financial goals. Consider factors such as rewards programs, purchase protections, and annual fees.
-
Complete the Application
Fill out the online application form with accurate business details.
Ensure that the information provided is consistent with your business documentation.
-
Verification and Approval
Once your application is submitted, American Express will verify the information provided.
Upon approval, you’ll receive your Amex small business credit card, ready to enhance your business financial strategy.
Amex Business Card Requirements
American Express caters to a range of businesses, from startups to established enterprises.
To qualify for an American Express business card, you’ll need to meet specific criteria. Here are a few Amex business credit card requirements you must take care of:
-
Legal Business Name
To apply for a business credit card, you need to have a registered business name with your official business documentation.
Sole proprietors can use their legal name.
-
Business Address
Your business address can be your home address or a separate business address, depending on where you conduct your business operations.
-
Annual Business Revenue
Disclose the total earnings of your business in a year before deductions, showcasing financial health and stability.
For startups, it’s acceptable to enter zero.
-
Federal Tax ID
Submit your federal tax ID [also known as an Employer Identification Number (EIN)] for verification, confirming your legal status and compliance with tax regulations.
-
Monthly Spend
Detail your monthly business spend, allowing American Express to tailor rewards and benefits based on your financial activity.
How to choose American Express Business Credit Card?
Selecting the right American Express business credit card involves considering your unique business needs and preferences.
The optimal business card will recognize and reward you for your existing business expenditures, simplifying your expense management.
Here are five key factors to guide your decision-making process.
-
Identify your Business Needs
If your business spends more on specific categories, such as travel or dining, focus on the best Amex business credit cards that reward those spending areas.
Consider whether you prefer earning a flat rate on general purchases or elevated rewards on specific categories.
-
Annual Fee
Examine whether your business can accommodate an annual fee.
Typically, business credit cards with annual fees provide superior rewards and benefits.
By maximizing these perks, you can often offset the annual fee.
-
Evaluate Card Benefits
Review the unique benefits offered by each Amex business credit card.
Consider travel-related perks & other features like free airport lounge access, priority boarding, purchase protections, extended warranties, and other benefits.
Opt for a card that complements your business requirements.
-
Assess Rewards Programs
Analyze the rewards programs associated with each card.
Evaluate the type of rewards, whether points, miles, or cash back and choose a card that maximizes benefits based on your spending habits.
-
Consider Business Management Features
Consider the business management tools offered by Amex small business credit cards.
Features like expense tracking, account management, and employee card controls can significantly impact your operational efficiency.
How much are Amex points worth?
American Express rewards its cardholders with Membership Rewards points, which can be redeemed for various benefits. The value of Amex points varies based on the redemption option.
American Express stands out with one of the most lucrative credit card point valuations in the market.
Amex Membership Rewards points are currently valued at 1 cent per point when booked through the issuer and approximately 2.0 cents per point when transferred to high-value airline or hotel partners.
What are Corporate Membership Rewards and how do they work?
Corporate Membership Rewards is a program designed for businesses that hold American Express Corporate Cards.
This program allows businesses to earn points on corporate card spending, which can then be redeemed for a range of benefits.
With the added advantage of earning up to 1.25 Corporate Membership Rewards points for every business expense dollar, including travel and utility bills, and 2 points for select categories, it offers versatility and value for business owners.
Enrolling is easy through American Express @Work or by contacting an Amex representative.
Through Corporate Membership Rewards, businesses can transform every purchase into an investment, redeeming points for various business essentials, including trips, gift cards, and office supplies.
The flexibility of Corporate Membership Rewards makes it a valuable addition to businesses looking to optimize their expenses.
Should you get an American Express business credit card?
Deciding whether to get an American Express business credit card depends on your business needs and financial goals.
If your business involves frequent travel, requires robust purchase protections, and values premium customer service, an Amex business card could be a strategic asset.
However, it’s essential to weigh the annual fees and acceptance limitations against the benefits offered to determine if they align with your business strategy.
Alternatives to American Express Business Credit Cards
Several options provide distinct advantages for businesses seeking alternatives for American Express Business Credit Cards.
Assessing business needs, rewards preferences, and card benefits will guide entrepreneurs to the most suitable credit card option beyond the American Express portfolio.
When exploring alternatives to American Express Business Cards, two standout options are Chase Business Credit Cards and Capital One Business Credit Cards.
Chase offers versatile business cards, such as the Ink Business Preferred, known for its lucrative sign-up bonus and travel rewards.
Capital One, on the other hand, presents solutions like the Spark Cash Plus, featuring unlimited cash back and customizable employee cards.
The United Business Card suits businesses frequently traveling with United Airlines.
Both providers excel in different aspects – whether it’s robust rewards or straightforward cash back.
Evaluating your business needs against these alternatives ensures you find the right fit beyond the American Express portfolio.
Why track your American Express Business Rewards with Uthrive?
Tracking your American Express Business Rewards with Uthrive ensures you never miss out on potential savings and cash back.
This user-friendly app recommends the right credit card for each business purchase, eliminating the need for manual tracking or reminders.
By simply inputting your credit cards, the Uthrive App helps you effortlessly maximize rewards without extra effort.
With Uthrive, you can potentially unlock $200-800 in additional savings or cash back, making it a valuable tool to optimize rewards on every business expense.
Download Uthrive today to enhance your savings strategy.
FAQs
Do I personally need good credit to get an Amex business card for my business?
When you apply for an Amex business card, your business’s creditworthiness is assessed, but your personal credit also plays a role. Having good personal credit enhances approval chances.
How do I apply for an Amex business card?
Visit the official American Express website to apply for an Amex business credit card.
Select the desired business card based on your preferences and needs.
Fill out the online application form, providing accurate details about your business, financials, and personal information.
American Express will review after you submit the application. Approval decisions may take a few business days.
What businesses are eligible for American Express Business cards?
Various types of businesses, from startups to established enterprises and freelancers, are eligible for American Express Business cards, making them versatile for different business sizes.
What credit score is needed for an American Express business card?
While there is no specific credit score requirement, a good to excellent credit score (typically 670 and above) enhances approval odds for American Express business cards.
How long does it take for my American Express business credit card application to be approved?
The approval time for Amex business credit cards varies but can take a few business days. You can always check your application status online.
Does American Express offer a secured business card?
American Express generally does not offer secured business cards. Business cards are typically unsecured, relying on business creditworthiness.
How many Amex business credit cards can I have?
The number of Amex business credit cards you can have depends on your creditworthiness and business needs. Multiple cards for different purposes are possible.
Does American Express report business card activity to personal credit bureaus?
Usually, business card activity is reported to business credit bureaus and not to personal credit bureaus, helping to keep business and personal credit separate.
Which American Express business credit card is the best for my business?
The best Amex business card for your business depends on your needs.
Consider factors like rewards, benefits, and fees when making a choice.
However, the Business Platinum Card from American Express and American Express Blue Business Cash Card are top picks for business needs.
Are American Express business credit cards worth it?
American Express business credit cards can be worth it for businesses that value rewards, perks, and features that align with their spending patterns and preferences.
Evaluate the specific benefits offered by each card to determine its worth for your business.
![Guide to Priority Pass Lounges at PDX – Top Things To Know [2024]](https://stagingwp.uthrive.club/wp-content/uploads/2024/11/Guide-to-Priority-Pass-Lounges-at-PDX-Top-Things-To-Know-2024-1024x600.jpg)
![Guide to Las Vegas Priority Pass Lounges – Top Things to Know [2024]](https://stagingwp.uthrive.club/wp-content/uploads/2024/11/Guide-to-Las-Vegas-Priority-Pass-Lounges-Top-Things-To-Know-2024-1024x600.jpg)
![Guide to Priority Pass SFO – Lounges and Restaurant Options at San Francisco International Airport [2024]](https://stagingwp.uthrive.club/wp-content/uploads/2024/11/Guide-to-Priority-Pass-SFO-Lounges-Restaurants-at-SFO-1024x599.jpg)
![Chase Sapphire Lounge LGA: Review & Updates [2024]](https://stagingwp.uthrive.club/wp-content/uploads/2024/11/Chase-Sapphire-Lounge-LGA-Review-Updates-2024-1024x600.jpg)
