February 5, 2023

Business Green Rewards Card from American Express Review

The Business Green Rewards Card from American Express is intended for small- to medium-sized businesses. The card earns two points per dollar for all purchases made on amextravel.com and one point per dollar for all other purchases. New Business Green Rewards Card from American Express cardholders earn 15,000 bonus points after making $3,000 in eligible purchases within the first three months of opening an account. There is a $0 introductory annual fee for the first year, then $95 annual fee.

Pros

Employee cards and American Express Business App: The Business Green Rewards Card from American Express keeps business owners in full control of card spending. Employee cards can be preset with spending limits, individual cards can be frozen and unfrozen, and all relevant information, including scanned receipts, is available in the American Express Business App.

Cons

Must pay full balance every month: With the Business Green Rewards Card from American Express, you are expected to pay your balance in full every month. Eligible cardholders can apply for the Pay Over Time feature.

Foreign transaction, late payment and returned payment fees: The Business Green Rewards Card from American Express charges a 2.7% of each transaction after conversion to US dollars. Cardholders are subject to a returned payment fee of $39 and a late payment fee of $39 or 2.99% of any past due Pay in Full amount, whichever is greater.

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