Editorial Review

AmEx Business Green Rewards Review: When Green Means No

Small-business operators can get much better rewards and better terms with competing cards — including from American Express itself.

Paul SoucyNovember 8, 2019

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Our Take

2.8

NerdWallet rating 

The Bottom Line: The spending flexibility offered by this charge card can't overcome its meager rewards and scant perks.

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

Annual Fee
$0 intro for the first year, then $95
Annual Fee
$0 intro for the first year, then $95
Intro APR
N/A

Pros & Cons

Pros
  • No preset spending limit

Cons
  • Has annual fee

Alternate Pick: No annual fee

The Blue Business® Plus Credit Card from American Express

Earn 2X points aplenty

This card gives you 2 Membership Rewards points per dollar on the first $50,000 you spend every year, and 1 point per dollar after that (terms apply). It comes with a great 0% intro APR period and a $0 annual fee.

Read our review

Compare to Other Cards

Annual Fee

$0 intro for the first year, then $95

Annual Fee

$95

Annual Fee

$595

Regular APR

N/A

Rates & Fees

Regular APR

17.74% - 22.74% Variable APR

Regular APR

N/A

Rates & Fees

Intro APR

N/A

Intro APR

N/A

Intro APR

N/A

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

Full Review

Before American Express cards colored themselves gold, platinum, plum and blue, they were green. You may not have heard much about the green version for small-business owners — the Business Green Rewards Card from American Express — and that's not exactly a surprise.

Simply put, there's no real point to this card. Small-business operators can get much better rewards and better terms with competing cards, including from American Express itself.

Business Green Rewards Card from American Express: Basics

  • Card type: Small business.

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

  • New-cardholder 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.

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

The one noteworthy benefit of this card is that, unlike a credit card, 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

You get little for your annual fee

The annual fee on the Business Green Rewards Card from American Express — $0 intro for the first year, then $95 — is only a fraction of what you'd pay on AmEx's other business charge cards. But that hardly makes it a better deal. The Business Platinum® Card from American Express, for example, charges an eye-popping $595 but comes with a hefty bonus offer for new cardholders, earns 5X points on eligible travel purchases, gets you into airport lounges, provides hundreds of dollars a year in travel credits and carries a boatload of other perks (terms apply). By comparison, the Business Green Rewards Card from American Express gets 2X points on certain travel purchases and a welcome bonus, and that's about it.

You can get way more for the same price

The Ink Business Preferred℠ Credit Card also has an annual fee of $95. That fee isn't waived in the first year — but you're also able to claim a sign-up bonus that's roughly more than five times as valuable as the welcome offer on the Business Green Rewards Card from American Express. The bonus: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem 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.

You can get comparable rewards for no annual fee

The Blue Business® Plus Credit Card from American Express earns 2 Membership Rewards points per dollar on the first $50,000 in spending each year and 1 point per dollar after that. The card 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). If you have a big purchase coming up, you get an introductory APR of 0% on Purchases and Balance Transfers for 12 months, and then the ongoing APR of 14.74% - 20.74% Variable APR. And the annual fee is $0.

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

Probably not. The best thing that can be said about the Business Green Rewards Card from American Express is that it's not an inherently bad card. It's just not a good one. Spend $10,000 or so in a year, and you'll definitely break even on the fee with the rewards you earn. But 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.