Home » Credit Card Reviews » Business Green Rewards Card from American Express Review

Business Green Rewards Card from American Express Review

Business Green Rewards Card from American Express Review

*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated Nov 01, 2019. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

If you are a business owner who travels frequently, the Business Green Rewards Card from American Express should be on your radar. In addition to a variety of travel benefits, including baggage insurance and car rental insurance, the card offers rewards on every purchase.

Cardholders earn 3X Membership Rewards® points on your combined eligible purchases, up to the first $50,000, at U.S. restaurants, on hotel stays booked directly with hotels, and on airfare purchased directly from airlines in first 3 months of Card Membership. Offer ends 11/6/2019.

Additionally, cardholders earn an ongoing rewards rate of 2 points per dollar on eligible purchases at amextravel.com and 1 point per dollar on all other purchases.

Membership Rewards points can be redeemed for travel, gift cards, shopping, entertainment, merchandise and more.

In this review, we’ll break down the pros and cons of the Business Green Rewards Card from American Express, as well as show how it compares to the Capital One Spark Miles for Business.

In this post:

Where the Business Green Rewards Card from American Express stands out

Limited Time Offer. Earn 3X Membership Rewards® points on your combined eligible purchases, up to the first $50,000, at U.S. restaurants, on hotel stays booked directly with hotels, and on airfare purchased directly from airlines in first 3 months of Card Membership. Offer ends 11/6/2019.

If you max out the spending threshold of $50,000 on those purchases in the first three months, you’ll earn 150,000 bonus points.

Rewards rate. Earn 2 points per dollar on eligible purchases at amextravel.com and 1 point per dollar on eligible purchases. There is no limit on the amount of points you can earn, and points do not expire.

Free employee cards. With the Business Green Rewards Card from American Express, you will not be charged an additional fee for additional employee cards each year. Plus, you will earn Membership Rewards points for purchases made on employee cards.

Additional Business Green Rewards Card from American Express benefits:

  • Expense management tools, such as QuickBooks
  • Car rental loss and damage insurance
  • Baggage loss, damage and theft insurance
  • 24/7 Global Assist Hotline
  • Dispute resolution
  • Special deals through Amex Offers

Where the Business Green Rewards Card from American Express falls short

Annual fee. The Business Green Rewards Card from American Express comes with a $0 for the first year, then $95 annual fee. But keep in mind that you won’t be charged an annual fee for additional employee cards.

Foreign transaction fee. If you travel abroad with this card, you will be charged 2.7% of each transaction after conversion to US dollars for purchases made with the card outside the U.S.

Cannot carry a balance. The Business Green Rewards Card from American Express requires you to pay your balance in full each month. However, American Express does offer a Pay Over Time feature, which gives eligible cardholders the option to pay for certain purchases over time with interest. Note, enrollment is required, and you will accrue interest charges at an APR of 18.24% Variable on all eligible purchases if you choose to carry a balance.

Compare it to the Capital One Spark Miles for Business

If you’re a business owner who wants to earn a large influx of travel rewards in a short period of time, but you don’t want to pay an annual fee the first year, the Capital One Spark Miles for Business card is a good alternative.

The card comes with a Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening. Additionally, cardholders earn 5 miles per dollar on hotel and rental car bookings through Capital One Travel and 2 miles per $1 on every purchase, everywhere.

Since the card offers an annual fee of $0 intro for first year; $95 after that, you can try out the card for a year without a large financial commitment.

See how the cards compare side by side in the table below.

Business Green Rewards Card from American Express vs. Capital One Spark Miles for Business

Business Green Rewards Card from American Express Capital One Spark Miles for Business
Annual fee $0 for the first year, then $95 $0 intro for first year; $95 after that
Welcome bonus 3X Membership Rewards® points on your combined eligible purchases, up to the first $50,000, at U.S. restaurants, on hotel stays booked directly with hotels, and on airfare purchased directly from airlines in first 3 months of Card Membership. Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening.
Rewards 2 points per dollar on eligible purchases at amextravel.com and 1 point per dollar on eligible purchases. 2 Miles per $1 on every purchase, everywhere
Intro APR on purchases N/A N/A
Regular purchase APR 18.24% Variable (Pay Over Time Feature) 20.99% (Variable)
Foreign transaction fees 2.7% of each transaction after conversion to US dollars None

Unlike the Business Green Rewards Card from American Express, the Capital One Spark Miles for Business does not require you to pay your balance in full each month. However, because the card does not offer an introductory APR on purchases, you will incur an APR of 20.99% (variable) if you have to carry a balance. Keep in mind, though, that the Business Green Rewards Card from American Express does offer the Pay Over Time feature for those who qualify.

Additionally, if you plan to travel outside of the U.S., you’ll be better off with the Capital One Spark Miles for Business, since it doesn’t charge foreign transaction fees. On the other hand, the Business Green Rewards Card from American Express charges 2.7% of each transaction after conversion to US dollars.

The bottom line

The Business Green Rewards Card from American Express is worth considering if your company spends a large amount on U.S. travel each year. Along with a solid rewards rate, the card comes with several perks, including car rental loss and damage insurance and free employee cards.

But if you want to earn travel rewards on business expenses without paying an annual fee the first year, the Capital One Spark Miles for Business is a good alternative. In addition to offering bonus rewards on every purchase, the card comes with an annual fee of $0 intro for first year; $95 after that.

The information related to the Business Green Rewards Card from American Express has been independently collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply to American Express credit card offers. See americanexpress.com for more information.


Recommended Posts:

Read More

BJ’s Perks Elite Credit Card Review

If you’re a die-hard BJ’s Wholesale Club customer who lives in one of the 16 states the company serves, you might be considering getting the BJ’s Perks Elite® Mastercard® Credit Card . It’s one of two BJ’s credit cards from Comenity (the other is the BJ’s Perks Plus® Mastercard® Credit Card ). The BJ’s Perks Elite® Mastercard® Credit Card offers cash back on most BJ’s purchases and a discount at BJ’s gas […]

Read More