Update 6/26/20: The 5%/3% cashback will be capped at $120,000 in purchases per calendar year beginning October 1, 2020.
Update 6/30/19: It’s now possible to refer people to this card, but only if you have the Amazon Business card as well. Referral bonus is only $25. Please don’t post referrals in the comments. Hat tip to dc81
Update 4/13/19: Sign up bonuses are back to $150 and $120. Hat tip to cowsareverywhere
Update 11/22/18: Signup bonus increased for Prime members from $125 to $150. They’ve also increased for non-Prime members from $100 to $120. Probably time-limited offers.
[10/23/18: Card launched today, all card information as originally posted. Added direct links below and updated image. Seems like it’ll be sideways imaging on the card.]
We’ve know for some time that American Express would be issuing the new Amazon business credit cards. Thanks to a source familiar with the matter we now know the full details, there will actually be two new cards released:
- Amazon Business American Express Card
- Amazon Business Prime American Express Card
Key Links:
- Direct Application Link (non-affiliate)
- Press Release from Amazon
- Press Release from American Express
Contents
Amazon Business American Express Card
- Card earns at the following rates:
- 3% cash back or 60 days interest free on purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market
- 2% back at U.S. restaurants, U.S. gas stations and on wireless telephone services
- $0 annual fee
- Sign up bonus of $100 Amazon gift card
- Free Business Prime
Amazon Business Prime American Express Card
- Card earns at the following rates:
- 5% cash back or 90 days interest free on purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market
- 2% back at U.S. restaurants, U.S. gas stations and on wireless telephone services
- $0 annual fee
- Sign up bonus of $125 Amazon gift card
- Free Business Prime
Our Verdict
Very similar to the Chase Amazon & Synchrony Amazon cards. The main advantage to the American Express cards is the earning rates on Amazon Business & AWS. AWS can be a huge expense for some businesses and it doesn’t look like there is any cap on earnings.
