The Bottom Line: The spending flexibility offered by this charge card can't overcome its meager rewards, scant perks and minuscule bonus offer.
Pros & Cons
No preset spending limit
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
$0 for the first year, then $95
18.24% - 23.24% Variable APR
Recommended Credit Score
Recommended Credit Score
Recommended Credit Score
Before American Express cards colored themselves gold, platinum, plum and blue, they were green. You don't hear much about those green ones nowadays, and in the case of the Business Green Rewards Card from American Express, 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 for the first year, then $95.
New-cardholder offer: Earn 5,000 Membership Rewards® points after your first purchase on the Card. Terms Apply.
2 Membership Rewards points per dollar spent on eligible purchases at amextravel.com.
1 point per dollar on all other spending.
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 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 small 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 roughly 20 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 15.49% - 21.49% 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.
on American Express's website, or call (866) 512-6673