Editorial Review

AmEx Business Green Rewards Review: When Green Means No

Those with small businesses or side hustles can get much better rewards and terms with competing cards — including from American Express itself.

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  • Capital One® Spark® Miles for Business

  • Ink Business Preferred® Credit Card

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Our Take

3.0

NerdWallet rating 

The bottom line: This charge card comes with meager rewards and scant perks. It's not worth the annual fee.

American Express Business Green Rewards from OPEN Credit Card

on American Express's website, or call (866) 512-6673

Rates & Fees
Annual Fee

$0 intro for the first year, then $95

Regular APR

N/A

Intro APR

N/A

Recommended Credit Score

Quick FactsView rates and fees

Pros & Cons

Pros

  • No preset spending limit

Cons

  • Has annual fee

Alternate Pick: Unlimited flat-rate rewards

Capital One® Spark® Miles for Business

2X miles on all purchases

This card gets you 2 miles per dollar on all purchases and 5 miles per dollar spent on hotel and rental car bookings through Capital One Travel, with no limits on how much you can earn. Miles can be redeemed for a broad range of travel for one cent apiece or transferred to other loyalty programs. There's also a big sign-up bonus: 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. The annual fee is $0 intro for the first year, then $95.

Read our review

Compare to Other Cards

Annual Fee

$0 intro for the first year, then $95

Annual Fee

$0

Regular APR

N/A

Rates & Fees

Regular APR

13.24% - 19.24% Variable APR

Rates & Fees

Intro APR

N/A

Intro APR

0% on purchases for 12 months from the date of account opening

Recommended Credit Score
Recommended Credit Score

Full Review

Simply put, there's no real point to the Business Green Rewards Card from American Express. Unlike the consumer version of the card, it underwhelms with a piddling rewards rate and a tiny welcome offer. And despite its lousy value, it charges an annual fee of $0 intro for the first year, then $95.

Whether you own a small business or have a side hustle, you can get much better rewards and terms with competing cards, including from American Express itself.

Business Green Rewards Card from American Express: Basics

  • Card type: Small business and rewards.

  • Annual fee: $0 intro for the first year, then $95.

  • Welcome offer: Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases with the Business Green Rewards Card within the first 3 months of Card Membership. Terms Apply.

  • Rewards:

    • 2 Membership Rewards points per dollar spent on eligible purchases at amextravel.com.

    • 1 point per dollar on all other spending.

    • Terms apply.

Membership Rewards points can be worth 0.5 cent to 1 cent apiece depending on how they're redeemed. Travel and gift card redemptions are generally the most valuable. Points can also be transferred to several other airline and hotel loyalty programs. Potentially, they can be worth even more if redeemed strategically after being transferred.

Airlines:

  • Aer Lingus.

  • AeroMexico.

  • Air Canada.

  • Air France/ KLM.

  • Alitalia.

  • ANA.

  • Avianca.

  • British Airways.

  • Cathay Pacific.

  • Delta Air Lines.

  • El Al Israel Airlines.

  • Emirates.

  • Etihad Airways.

  • Hawaiian Airlines.

  • Iberia Plus.

  • JetBlue Airways.

  • Qantas.

  • Singapore Airlines.

  • Virgin Atlantic Airways.

Hotels:

  • Choice Hotels.

  • Hilton Hotels & Resorts.

  • Marriott Hotels & Resorts.

For transfer ratios, see AmEx's website.

  • Foreign transaction fees: 2.7% of each transaction.

  • Interest rate: None. This is a charge card, meaning your balance is generally due in full each month.

One helpful benefit of this card is that it has no preset spending limit. That doesn't mean you have "unlimited" spending power, but it does mean you have more flexibility, and the amount you can put on the card can grow over time. American Express explains in the terms and conditions: "Purchasing power adjusts with your use of the Card, your payment history, credit record and financial resources known to us, and other factors."

Business Green Rewards Card from American Express: Why you're better off passing

High annual fee, Few rewards

The Business Green Rewards Card from American Express comes with an annual fee of $0 intro for the first year, then $95. But its rewards would be lackluster even for a no-annual-fee card.

Consider The Blue Business® Plus Credit Card from American Express, which earns 2 Membership Rewards points per dollar on the first $50,000 in spending each year and 1 point per dollar after that for an annual fee of $0. The card also gives you flexibility by allowing you to spend above your credit limit (subject to restrictions similar to those in place for the Business Green Rewards Card from American Express). You also get an introductory 0% on Purchases for 12 months, and then the ongoing APR of 13.24% - 19.24% Variable APR.

Foreign transaction fees

Even though the Business Green Rewards Card from American Express  earns points that are most valuable when redeemed for travel, it's not exactly traveler-friendly. For starters, it charges foreign transaction fees, while most travel cards don't. If you plan to travel abroad, you're better off with one of the many cards that don't charge these.

Try the Ink Business Preferred® Credit Card, which doesn't charge foreign transaction fees. It also has an annual fee of $95. That fee isn't waived in the first year — but if you have large business expenses, you could claim a sign-up bonus that's considerably more valuable than the welcome offer on the Business Green Rewards Card from American Express. The bonus: New Offer! Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. The card earns 3 points per dollar on the first $150,000 in spending on travel and select business categories each account anniversary year and 1 point per dollar on all other purchases. Points are worth 1.25 cents apiece when redeemed for travel booked through Chase. As with the Business Green Rewards Card from American Express, points on this card can also be transferred to several other airline and hotel loyalty programs.

Lack of travel Perks

Aside from offering transferrable points, the Business Green Rewards Card from American Express offers little in the way of travel perks, even when compared with the consumer version of the card, the American Express® Green Card, which has an annual fee of $150.

In addition to offering richer rewards and a superior welcome offer, the American Express® Green Card also comes with trip delay insurance: If a round trip is paid entirely with your card and a covered reason delays your trip for more than 12 hours, you can get reimbursed for up to $300 per trip in certain additional expenses for up to two claims a year. Terms apply. The Business Green Rewards Card from American Express lacks such coverage.

The American Express® Green Card also comes with potentially valuable travel credits. Each year, you'll get a $100 credit toward the cost of a Clear membership, which can help you skip long lines at security checkpoints in airports and stadiums. You'll also get a $100 LoungeBuddy credit, which can be used to cover one-time passes to several airport lounges worldwide. Terms apply. The Business Green Rewards Card from American Express doesn't offer any credits like these.

Should you get the Business Green Rewards Card from American Express?

Probably not. American Express offers plenty of top-notch small-business cards, but this one is a miss. You could, and should, do so much better.

To view rates and fees of the Business Green Rewards Card from American Express, please visit this page.

To view rates and fees of the American Express® Green Card, please visit this page.

To view rates and fees of The Blue Business® Plus Credit Card from American Express, please visit this page.

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