Editorial Disclosure: All information about the American Express Business Green Rewards Card has been collected independently by Fit Small Business.
The American Express Business Green Rewards Card is a charge card that offers premium rewards on flights and hotel stays. It typically requires you to pay your full balance every month, but it offers a Pay Over Time option on eligible purchases that lets you carry a balance with an annual percentage rate (APR). It has no preset spending limits and comes with a low annual fee. However, it doesn’t allow cash advances and balance transfers.
Business Green Rewards Card from American Express
BEST FOR:
Employee expense management solutions
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases with the Business Green Rewards Card within the first three months of Card Membership.
- Earn one Membership Rewards® point for each dollar you spend on eligible purchases
- Choose rewards from over 500 leading brands in travel, gift cards, merchandise or entertainment
- Terms & limitations apply
Pros
- Earns points on flights and hotel stays, ideal for businesses with frequent travel needs, enhancing value for travel-related expenses.
- Provides expense management tools
- Allows eligible purchases to be carried over with an APR, giving flexibility for managing cash flow.
- Offers no preset spending limit, providing businesses with significant purchasing power to cover essential expenses.
Cons
- Lacks cash advance and balance transfer options, limiting flexibility for handling cash flow or consolidating debt.
- Charges fees on foreign transactions, which can add up for businesses with international dealings.
- Does not offer a 0% APR introductory period, making it less ideal for businesses looking to finance large initial purchases interest-free.
- Requires the balance to be paid in full each month, which may be restrictive for businesses needing a traditional credit line for ongoing expenses.
- Amex Offers: Earn statement credits and rewards on eligible business purchases by enrolling in Amex Offers.
- Dispute Resolution: Provides support in resolving fraudulent or incorrect charges on your account.
- Extended Warranty: Extends the original manufacturer’s warranty on eligible purchases up to one additional year.
- Purchase Protection: Covers eligible items against theft or damage for up to 90 days, with a limit of $1,000 per claim and $50,000 per year.
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases with the Business Green Rewards Card within the first three months of Card Membership.
- Earn one Membership Rewards® point for each dollar you spend on eligible purchases
- Choose rewards from over 500 leading brands in travel, gift cards, merchandise or entertainment
- Terms & limitations apply
Pros
- Earns points on flights and hotel stays, ideal for businesses with frequent travel needs, enhancing value for travel-related expenses.
- Provides expense management tools
- Allows eligible purchases to be carried over with an APR, giving flexibility for managing cash flow.
- Offers no preset spending limit, providing businesses with significant purchasing power to cover essential expenses.
Cons
- Lacks cash advance and balance transfer options, limiting flexibility for handling cash flow or consolidating debt.
- Charges fees on foreign transactions, which can add up for businesses with international dealings.
- Does not offer a 0% APR introductory period, making it less ideal for businesses looking to finance large initial purchases interest-free.
- Requires the balance to be paid in full each month, which may be restrictive for businesses needing a traditional credit line for ongoing expenses.
- Amex Offers: Earn statement credits and rewards on eligible business purchases by enrolling in Amex Offers.
- Dispute Resolution: Provides support in resolving fraudulent or incorrect charges on your account.
- Extended Warranty: Extends the original manufacturer’s warranty on eligible purchases up to one additional year.
- Purchase Protection: Covers eligible items against theft or damage for up to 90 days, with a limit of $1,000 per claim and $50,000 per year.
When grading travel rewards business credit cards like the American Express Business Green Rewards Card, we consider ongoing rewards, introductory rewards, and additional features, like travel perks offered. We also evaluate the card’s annual fee, introductory 0% APR period, and ongoing APRs.
| Grading Criteria | ||
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Ongoing Rewards | ||
Introductory Rewards | ||
Additional Features | ||
Annual Fee | ||
Ongoing APR | ||
Introductory APR | ||
| Total Score |
Who the American Express Business Green Rewards Card Is Best For
- You travel frequently: This card lets you earn premium rewards on flights and hotel stays that you can redeem for travel expenses. Plus, it offers travel perks.
- You need flexible credit limits: It has no preset spending limit—the amount you can spend adapts based on factors such as your purchase, payment, and credit history.
- You can pay your balance in full each month: Unless your purchases qualify for the Pay Over Time feature, you need to pay your balance in full each month. Otherwise, you’ll be charged with hefty penalty APRs and late payment fees.
American Express Business Green Rewards Card Rewards
- 15,000 Membership Rewards® points after spending $3,000 in eligible purchases, such as purchases for goods and services minus returns and other credits, within the first three months of opening an account
- 2x Membership Rewards® points per dollar spent on flights and prepaid hotel stays booked on amextravel.com
- 1x Membership Rewards® points per dollar spent on all other eligible purchases
There’s no limit to the number of points you can earn, and points don’t expire as long as your account remains open and in good standing. Note that the following are not considered eligible purchases and, therefore, will not earn rewarding points:
- Fees or interest charges
- Purchases of traveler’s checks
- Prepaid cards reload
- Purchases of gift cards
- Person-to-person payments
- Purchases of other cash equivalents
American Express Business Green Rewards Card Calculator
Find out the value of your earned rewards by using our American Express Business Green Rewards Card calculator. Just input your projected monthly spending per category, and let our calculator do the rest. Note that each point is valued at 0.6 of a cent.
How To Redeem American Express Business Green Rewards Card Rewards
- Pay with points at checkout: Redeem your points to pay at checkout with selected merchants, such as Amazon, Best Buy, PayPal, Grubhub, and JustGiving; points values range from $7 to $10 per 1,000 Membership Rewards® points.
- Redeem for gift cards: Use earned points to redeem for gift cards, which are usually valued at $10 per 1,000 Membership Rewards® points.
- Use as a statement credit: Cover your credit card charges, which are usually valued at $6 per 1,000 Membership Rewards® points.
- Book or upgrade travel: Maximize your travel by using your earned points to find flights and reserve prepaid hotels, cars, cruises, and more. These usually value anywhere from $5 to $10 per 1,000 Membership Rewards® points.
- Transfer points to a frequent traveler program: Choose to transfer your points to a frequent traveler program, where the program will determine how many points are required to get rewards in specific programs; terms and conditions will apply.
- Shop with merchant partners: Shop with American Express merchant partners to cover all or part of your purchase; note that this option will no longer be available by June 12, 2024.
For more information on how to redeem your Membership Rewards points and their corresponding value, visit American Express’s rewards calculator page.
American Express Business Green Rewards Card Features
Cash flow flexibility
- Pay Over Time: Carry a balance with interest on eligible purchases. Note that you can choose to either pay for these purchases over time with interest or pay the full balance each month.
- No preset spending limit: Receive a flexible spending limit, which adapts to factors such as purchase, payment, and credit history.
Expense management
- QuickBooks integration: Save time with QuickBooks through its auto-expense categorization system. Once enrolled, your American Express Business Green Rewards Card transactions are tagged automatically with your QuickBooks categories.
- Year-end summary: See a complete summary of your spending categorized by month and purchase type at the end of each year. This will help you track your business expenses down to the last detail.
- Free employee cards: Add employee cards at no additional cost. Plus, points earned from employees’ purchases are credited to your main account.
- Vendor pay by BILL: Use your card to pay bills with vendor pay using BILL and take advantage of a more streamlined cash flow. Enroll for the Basic plan without having to pay a monthly fee for the first user and no fee for the second user for six months. After six months, you’ll need to pay a $15 monthly fee for the second user.
Travel
- Car rental loss and damage insurance: Receive coverage with your rental car if you pay the entire rental cost using this card. Note that you need to decline the collision damage waiver offered by the rental company.
- Baggage insurance plan: Get coverage for any bags lost in direct transit. This offers coverage of up to $1,250 for carry-on bags and up to $500 for checked baggage on top of the coverage provided by the common carrier.
- Global Assist® hotline: Call the Global Assist® hotline to secure access to medical, legal, financial, or other emergency services if you are traveling more than 100 miles from home. Note that this hotline only connects you to third-party providers but doesn’t pay for their services as you will be responsible for any fees charged by third-party providers.
Purchases
- Purchase protection: Get coverage for purchased items that were either stolen or damaged within 90 days from the purchase date. Note that the coverage is limited up to $1,000 per occurrence and up to $50,000 per card member account per calendar year.
- Extended warranty protection: Extend the original manufacturer’s warranty for one additional year on warranties of five years or less. To be eligible, purchases must be made in the United States or its territories or possessions.
American Express Business Green Rewards Card Fees
APR
- Introductory: None
- Ongoing: 19.49% to 27.49% variable, which adjusts with the prime rate
- Penalty: 29.99% variable, which adjusts with the prime rate. Applies to your account when:
- You make late payments twice in a 12-month period
- You fail to pay the minimum payment due by the closing date of the current billing period, and you still do not pay it by the closing date of the next billing period
- Your payment is returned
Fees
- Annual: $95
- Foreign transaction: 2.7% of each transaction after conversion to US dollars (USD)
- Late payment: Either $39 or 2.99% of any past due Pay In Full amount―whichever is greater
- Returned payment: $39
Note that the American Express Business Green Rewards card does not offer an interest-free financing option on purchases. However, it offers a Pay Over Time feature that can help ease the monthly repayment requirement. Pay Over Time feature cardholders to pay charges over time with interest. If you’re enrolled, eligible charges will be shown automatically in your Pay Over Time balance on your credit card statement.
- Online or mobile banking: You can pay via the Amex website or mobile app.
- Phone: Call (800) 472-9297, state your card information when prompted, and then follow the prompts.
- AutoPay: Log in to your online account and click “Payments” in the blue navigation bar, then choose “Manage AutoPay.”
- Wire transfer
If you wish to make your payment via wire transfer, it is necessary to include your American Express account number where the payment will be posted. Note that while American Express does not charge additional fees, your bank may charge a fee to process the transaction
: Include your card member name, your American Express account number, and the following information when paying via this option:
- Bank name: Chase Manhattan Bank
- Account name: American Express Card Member Wire Depository
- Address: 1 Chase Plaza New York, NY 10081
- ABA number (routing number): 0210-0002-1
- Account number: 910-2-753036
- Mail: You can send your credit card bills via courier or express delivery mail to either address below. Ensure to include your account number on the front of your payment for easy reference.
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
American Express Business Green Rewards Card Alternatives
American Express Business Platinum Card®
The American Express Business Green Rewards Card does not offer luxury travel perks. Consider the American Express Business Platinum Card® instead as it provides complimentary access to airport lounges, fee credits, and hotel upgrade status.
The Business Platinum Card® from American Express
BEST FOR:
Gaining access to unrivaled travel rewards and luxury travel perks like airport lounge access
- Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first year of membership with the Business Platinum Card®. Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card®, here.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to the Card.
- $199 CLEAR® Plus Credit: Use your card and get up to $199 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,400 airport lounges worldwide
- $0 foreign transaction fee
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,400 lounges worldwide for you and two guests.
- Airport screening: Either a $100 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 1,000,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
- Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first year of membership with the Business Platinum Card®. Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card®, here.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to the Card.
- $199 CLEAR® Plus Credit: Use your card and get up to $199 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,400 airport lounges worldwide
- $0 foreign transaction fee
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,400 lounges worldwide for you and two guests.
- Airport screening: Either a $100 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 1,000,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
Bank of America® Business Advantage Travel Rewards World Mastercard®
Given that the American Express Business Green Rewards Card does not offer fixed-rate rewards, you may want to consider the Bank of America® Business Advantage Travel Rewards World Mastercard®. On top of fixed-rate rewards, you can enjoy $0 annual fees and access your business credit score through Bank of America’s Business Advantage 360.
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
U.S. Bank Business Altitude™ Connect World Elite Mastercard®
The American Express Business Green Rewards Card does not offer features that can help you save while traveling. The U.S. Bank Business Altitude™ Power World Elite Mastercard® could be a viable option as it charges $0 foreign transaction fees and offers complimentary visits per year through the Priority Pass™ Digital annual membership.
U.S. Bank Business Altitude™ Connect World Elite Mastercard®
Pros
Cons
Pros
Cons
Frequently Asked Questions (FAQs)
No, it’s not, as primary cardholders are required to have just at least good credit standing (a FICO score of 670 or higher) to qualify for the card.
You can apply online or call American Express at (877) 671-6758. You’ll need to provide the following information:
- Company’s legal name, structure, such as limited liability company (LLC), corporation, or partnership, address, phone number, and email address
- Federal tax ID number (TIN) or Social Security number (if you’re a sole proprietor)
- Type of industry your business is engaged in
- Number of years your company has been in the business
- Number of employees
- Annual business revenue
- Name you’d like to appear on the card
No, as it offers no preset spending limit. Having a no preset spending limit means that your credit limit is flexible, and the amount spent will be based on factors such as your purchase, payment, and credit history.
Bottom Line
American Express Business Green Rewards Card is best for business owners who travel frequently, need a flexible spending limit, and can pay their balance in full every month. It’s important to note that while it comes with an invite-only Pay Over Time feature, not all charges may be eligible.
