Amazon Business Prime American Express Card Review for 2022
This article is part of a larger series on Best Small Business Credit Cards.
The Amazon Business Prime American Express Card is designed for business owners with an Amazon Prime membership. Amazon Prime members can enjoy several perks, including 5% back or 90-day interest-free terms on United States purchases at Amazon Business, Amazon Web Services (AWS), Amazon, and Whole Foods Market.
If you wish to compare one card over another, choose a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
Amazon Business Prime American Express Card
BEST FOR:
5% back or 90-day repayment terms
- Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
- Take advantage of 5% Back or 90 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You will earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- $0 Annual Fee
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- With rewards that don’t expire, you choose when to redeem. Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- 5% back or 90-day terms
- No annual and foreign transaction fees
Cons
- No 0% introductory APR
- Only for Amazon Prime members
- Return protection: American Express will provide a refund for an item purchased within 90 days that cannot be returned to the merchant. Refunds are limited to $300 per item, up to $1,000 per cardmember, per calendar year.
- Baggage insurance: Get reimbursed for lost, damaged, or stolen luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage.
- Car rental insurance: Get coverage for theft or damage of a car rental, up to $50,000. Cardholders can waive the collision insurance offered by the auto rental agency.
- Eligible Prime Members get a $125 Amazon Gift Card upon approval for the Amazon Business Prime American Express Card.
- Take advantage of 5% Back or 90 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You will earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- $0 Annual Fee
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- With rewards that don’t expire, you choose when to redeem. Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- 5% back or 90-day terms
- No annual and foreign transaction fees
Cons
- No 0% introductory APR
- Only for Amazon Prime members
- Return protection: American Express will provide a refund for an item purchased within 90 days that cannot be returned to the merchant. Refunds are limited to $300 per item, up to $1,000 per cardmember, per calendar year.
- Baggage insurance: Get reimbursed for lost, damaged, or stolen luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage.
- Car rental insurance: Get coverage for theft or damage of a car rental, up to $50,000. Cardholders can waive the collision insurance offered by the auto rental agency.
How We Evaluate Points Rewards Business Credit Cards
When grading points rewards business credit cards like the Amazon Business Prime American Express Card, we first consider the ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing annual percentage rates (APRs), and additional card benefits.
Grading Criteria | ||
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Ongoing Rewards | ||
Introductory Rewards | ||
Annual Fee | ||
Features | ||
Introductory APR | ||
Ongoing APR | ||
Total Score |
If you prefer another credit card from Amazon, check out our review of the best Amazon business credit cards. Alternatively, you can also check our review of the best American Express business credit cards if you are considering an American Express credit card.
Who the Amazon Business Prime American Express Credit Card Is Best For
- Business owners with Amazon Prime membership: With perks exclusive to Amazon Prime members, the Amazon Business Prime American Express Card is a great choice for business owners who are members of the popular subscription service. The card offers 5% back or 90-day free financing on US purchases at Amazon, Whole Foods Market, Amazon Business, and AWS.
Amazon Business Prime American Express Card Fees
- Introductory APR: None
- Ongoing APR: 14.99% (Prime Rate + 10.99%) to 22.99% (Prime Rate + 18.99%) variable—changes with the prime rate
- Cash advance APR: 25.74% (Prime Rate + 21.74%) variable—changes with the prime rate
- Paying interest: At least 25 days after the close of each billing period
- Annual fee: None
- Balance transfer fee: Transfers aren’t allowed
- Foreign transaction fee: None
- Cash advance fee: $5 or 3% for each cash advance, whichever is greater
- Late payment fee: Up to $39
- Overlimit: None
- Returned payment: $39
Penalty APR shall be applied to your account if you:
- Made a returned payment
- Made two late payments within the past 12 months
- Didn’t make the Minimum Payment Due by the closing date of the billing period
Amazon Business Prime American Express Credit Card Rewards
- 5% back or 90-day terms on US purchases at Amazon Business, AWS, Amazon, and Whole Foods Market on the first $120,000 in purchases each calendar year, and 1% back thereafter.
- 2% back at US restaurants and gas stations and on wireless telephone services purchased directly from US service providers
- 1% back on all other purchases
- Welcome offer: $100 statement credit after spending $3,000 worth of purchases on your business credit card within the first 3 months of your account opening
You can redeem your Amazon Business Prime American Express Card rewards for eligible Amazon purchases or use points to shop at Amazon.com/Business. You can also use your rewards points as a statement credit. Rewards are tracked as points, and every 100 points is equal to $1. While rewards points don’t expire, you can lose your points if your account status changes or you have a payment default.
How to Make Payments in the Amazon Business Prime American Express Credit Card
- Online: Make a payment through your American Express online account anytime. Choose your payment account and select your bank account and payment date. Take note that credit cards and debit cards cannot be accepted as a form of payment.
- AutoPay: Enroll in AutoPay through your American Express online account. Note that your first AutoPay payment may not be applied to your current billing cycle. You may need to make your usual payments through a different method until your AutoPay begins.
- Amex mobile app: Download the Amex Mobile App to enjoy the convenience of paying your bills on the go, anytime, anywhere.
- Direct bank payment: Direct debits let you pay bills automatically, so there’s no need to worry about missing due dates. Make sure to provide your bank account details to American Express and let them know the amount you’d like to pay every month.
- Mail: You can send your payment either by check or money order made payable to American Express. Finally, ensure to include your account number at the front of your payment.
First Class Mail
American Express
PO Box 650448
Dallas, TX 75265-0448
Express Mail
American Express
Attn: Express Mail Remittance Processing
20500 Belshaw Ave.
Carson, CA 90746
Amazon Business Prime American Express Credit Card Features
Amazon Business Enhanced Data Views
When you purchase an item with the Amazon Business Prime American Express Card, Amazon collects and shares transaction data with American Express to provide purchase details on your credit card statement. This can help identify exactly where your company’s funds are being spent and address any unusual charges.
Amazon Shop With Points
The Amazon Business Prime American Express Card allows you to earn rewards that don’t expire. You can use these rewards points at checkout on Amazon and US Amazon Business or apply them toward an Amazon purchase on your statement.
Purchase Protection
The Amazon Business Prime American Express Card provides purchase protection coverage up to $1,000 per eligible item, up to a maximum of $50,000 per cardmember per calendar year. In addition, you can also get up to $500 per purchase protection covered event in the event of natural disasters.
Eligible items include purchased items that have been damaged or stolen within 90 days of the purchase date. Items excluded from this coverage are consumables, tickets, rare stamps or coins, motorized vehicles and their parts, permanent fixtures, rented items, and items for inventory.
Return Protection
Return protection coverage is provided for items purchased using your American Express credit card that can’t be returned within 90 days from the purchase date. Items are eligible if they’re in the original purchase condition and cannot be returned to the merchant from which they were originally purchased. American Express may refund up to $300 per item, capped at $1,000 per year, excluding shipping and handling charges. Some items are excluded from this coverage, such as motorized vehicles, tickets, formal wear, healthcare items, computer software, jewelry, and consumables.
Extended Warranty Protection
American Express offers up to one additional year of warranty on purchased items that have original manufacturer’s warranties of five years or less. This coverage is limited to up to $10,000 per item per covered purchase and $50,000 per account. Items not covered include plants, animals, motorized vehicles, real estate, fixtures, consumables, and items for resale.
Baggage Insurance Plan
American Express provides baggage insurance coverage between $500 to $1,250 for carry-on or checked baggage. Any high-risk items are subjected to a maximum of $250 per covered person for all baggage on a covered baggage trip. New York state card members can get a maximum limit of $10,000 aggregate per covered baggage trip for all baggage persons.
Only trips that are paid for entirely with the Amazon Business Prime American Express Card are eligible for this coverage. Cash or its equivalent, credit cards and other travel documents, living plants, animals, perishable items, and prosthetics aren’t covered.
Car Rental Loss & Damage Insurance
You’ll receive car rental loss and damage insurance of up to $50,000 per rental agreement for damage to or theft of a rental vehicle in a covered territory. Losses not covered by this insurance package include intentional damage, manufacturing defects, damages caused by freezing, wear and tear, mechanical or electrical breakdown or failure, and damage to any vehicle or property other than the rental car.
Global Assist® Hotline
If you decide to travel more than 100 miles from home, you’ll have access to a 24-hour global assist hotline through the Amazon Business Prime American Express Card. The global assist hotline links cardholders to travel, emergency, medical, and legal assistance. Any fees from third-party service providers are charged to the cardholders.
Pros & Cons of the Amazon Business Prime American Express Credit Card
PROS | CONS |
---|---|
5% back or 90-day terms: You have the option to earn 5% back on the first $120,000 in purchases at Amazon Business, AWS, Amazon, and Whole Foods Market or take advantage of having the payment be due in no less than 90 days from the date of purchase. | No 0% introductory APR: Unless you choose the 90-day interest-free term, this card does not offer a 0% introductory APR. Additionally, the 90-day term for 0% APR is short compared to other business credit cards. |
No annual and foreign transaction fees: You can enjoy earning rewards without having to pay annual fees. You can also make purchases outside of the US without having to worry about foreign transaction fees. | Only for Amazon Prime members: This business credit card is designed only for business owners who are existing members of Amazon Prime. While non-Prime members are not eligible to apply for this credit card, you have the option to apply for Amazon Business American Express Card. |
Amazon Business Prime American Express Credit Card Alternatives
Chase Ink Business Cash®
The Chase Ink Business Cash® is an excellent alternative for office-based businesses that spend on office supplies, internet, cable, and phone services—it offers 5% cash back on the first $25,000 spent in combined purchases on these categories. It has no annual fee and charges a lower APR―ranging from 13.49% to 19.49%―compared to the Amazon Business Prime American Express Card. These benefits and features are the reasons why this is our top choice for the best credit cards for nonprofits.
If you think this Chase card isn’t for you, you can check on the best Chase business cards.
Ink Business Cash® Credit Card
BEST FOR:
Office-based businesses that want top cash back rewards
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Capital One® Spark® Miles for Business
The Capital One® Spark® Miles for Business card is a great option if you travel frequently and prefer to earn unlimited fixed-rate rewards on all purchases. This card allows you to redeem your miles for flights, hotels, and vacation packages. It has a 0% introductory APR for the first year, and then a $95 annual fee. It’s no surprise that this card is our top pick for both best business credit cards for miles and best business credit cards for travel, and one of our top choices for the best credit cards for nonprofits, best business credit cards with no foreign transaction fee, and best small business credit cards.
If you think this Capital One® card isn’t for you, you can check on the best Capital One business credit cards.
Capital One® Spark® Miles for Business
BEST FOR:
Unlimited 2x miles with every swipe
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA Pre✓® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA Pre✓® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12 month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA Pre✓® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA Pre✓® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12 month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Amazon Business American Express Card
If you typically make purchases at Amazon-owned companies but you’re not an Amazon Prime member, then the Amazon Business American Express Card is a better alternative for you. This card offers 3% back or 60-day interest-free financing terms on US purchases at Amazon, Whole Foods Market, Amazon Business, and AWS without requiring an Amazon Prime membership.
Amazon Business American Express Card
BEST FOR:
3% back or 60-day repayment terms
- Get a $100 Amazon Gift Card upon approval for the Amazon Business American Express Card.
- Take advantage of 3% Back or 60 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market. You will earn 3% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- $0 Annual Fee
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- With rewards that don’t expire, you choose when to redeem. Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- $100 Amazon gift card upon approval: You get a $100 Amazon gift card as a signup reward upon approval, without the need to meet any spending requirement.
- No annual fee: You can enjoy earning rewards or 60-day interest-free terms on your purchases at US Amazon-owned companies without having to pay annual fees.
- No need for Amazon Prime membership: Anyone who shops frequently at Amazon can apply for an Amazon Business American Express Card, including those who aren’t Amazon Prime members.
Cons
- Short 0% APR period: You can only enjoy interest-free financing on Amazon purchases for a 60-day term, which is shorter compared to most business credit cards’ introductory rates.
- 3% back only applies on the first $120,000: You can earn 3% back only on the first $120,000 in purchases each calendar year—after that, you will earn 1% back, which is meager compared to other points-based rewards business credit cards.
- Balance transfers aren’t allowed: This card doesn’t allow balance transfers, which is a disadvantage if you need to transfer a balance from another card.
- Return protection: If a merchant doesn’t accept a return of an item in original purchase condition within 90 days of purchase, American Express will refund cardholders up to $300 per item and up to a maximum of $1,000 per cardmember, per calendar year
- Baggage insurance: If your luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage
- Extended warranty: American Express will match the length of the original manufacturer’s warranty if it’s less than two years; American Express provides an additional two years if the original manufacturer’s warranty is between two and five years; coverage is limited to $10,000 per occurrence and $50,000 per account each year
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase; coverage is limited to $1,000 per occurrence and $50,000 per account each year
- Get a $100 Amazon Gift Card upon approval for the Amazon Business American Express Card.
- Take advantage of 3% Back or 60 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market. You will earn 3% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased directly from U.S. service providers
- 1% Back on other purchases
- $0 Annual Fee
- Back your business with the broad selection of Amazon and the service of American Express. Stay focused on your top business priorities, knowing we’re behind you.
- With rewards that don’t expire, you choose when to redeem. Redeem rewards on millions of items during checkout at Amazon.com and Amazon Business (U.S.) or apply towards a purchase on your statement.
- Terms apply.
Pros
- $100 Amazon gift card upon approval: You get a $100 Amazon gift card as a signup reward upon approval, without the need to meet any spending requirement.
- No annual fee: You can enjoy earning rewards or 60-day interest-free terms on your purchases at US Amazon-owned companies without having to pay annual fees.
- No need for Amazon Prime membership: Anyone who shops frequently at Amazon can apply for an Amazon Business American Express Card, including those who aren’t Amazon Prime members.
Cons
- Short 0% APR period: You can only enjoy interest-free financing on Amazon purchases for a 60-day term, which is shorter compared to most business credit cards’ introductory rates.
- 3% back only applies on the first $120,000: You can earn 3% back only on the first $120,000 in purchases each calendar year—after that, you will earn 1% back, which is meager compared to other points-based rewards business credit cards.
- Balance transfers aren’t allowed: This card doesn’t allow balance transfers, which is a disadvantage if you need to transfer a balance from another card.
- Return protection: If a merchant doesn’t accept a return of an item in original purchase condition within 90 days of purchase, American Express will refund cardholders up to $300 per item and up to a maximum of $1,000 per cardmember, per calendar year
- Baggage insurance: If your luggage is damaged, lost, or stolen when you pay for your trip with your card, American Express will pay up to $1,250 per covered person for carry-on baggage and up to $500 for checked baggage
- Extended warranty: American Express will match the length of the original manufacturer’s warranty if it’s less than two years; American Express provides an additional two years if the original manufacturer’s warranty is between two and five years; coverage is limited to $10,000 per occurrence and $50,000 per account each year
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase; coverage is limited to $1,000 per occurrence and $50,000 per account each year
Bottom Line
The Amazon Business Prime American Express Card is designed exclusively for business owners who are Amazon Prime members and primarily shop at Amazon-owned businesses. If this card isn’t right for you, visit our Credit Card Marketplace or read our guide to the best small business credit cards to find other more suitable options.