The Amazon Business Prime American Express Card is for individuals seeking for rewards together with particular characteristics regarding their usage. This card is persuasive by the offering of the cash back scheme it offers and it is boosted with a rather impressive welcome bonus.

Unlike most of the credit cards there is no annual fee which mean that the small business people and other cardholders have a perfect way handling all their expenses as they earn on the purchases they make each and every day. In this guide, you will learn more on Amazon Business Prime American Express Card, its operations, and strengths and weaknesses as a way of enabling you understand this tool for your business.

Key features of the Amazon Business Prime American Express Card

How is the annual fee structured?

The Amazon Business Prime American Express Card has little annual fee of $0 which is good for business companies that prefer cards with no fee. This aspect helps in easing the process of planning on the part of businesses as a result of the elimination of a recurring charge which is usually associated with most credit cards.

Of course there are no costs to face for paying on a yearly basis, however it necessarily means that there can be many other fees or costs related with the specific card, to include those related with overseas transactions or penalties for delayed payments.

How is the credit limit determined?

Like most other credit cards, the credit limit for the Amazon Business Prime is approved depending on the creditworthiness of the applicant together with their financial capacity in addition to the credit score. These aspects are assessed by American Express when allowing an applicant to select a credit limit.

For businessmen specifically, it implies that the limit available in the card will automatically be prevailing in terms of the financial status of the business, and various expenditure requirements it may have. On the other hand, one can use a prepaid card where the user is able to deposit values in the card account hence determining its use.

Advantages of the Amazon Business Prime American Express Card

The Amazon Business Prime American Express Card comes with several appealing advantages:

• 5% Back on Amazon Purchases: Enjoy 5% cashback on eligible Amazon.com purchases with an Amazon Prime membership. This significant cashback offer applies to the first $120,000 spent annually, with 1% cashback thereafter.
• 2% Back at Restaurants, Gas Stations, and Wireless Phone Services: Earn 2% cashback on purchases at U.S. restaurants, gas stations, and wireless phone service providers.
• 1% Back on Other Purchases: Receive 1% cashback on all other eligible purchases made with the card.
• No Foreign Transaction Fees: Avoid additional costs when making purchases abroad, as there are no foreign transaction fees.
• Enhanced Data Views: Access detailed purchase data for better expense management and reconciliation.
• Amazon Shop with Points: Redeem your rewards at Amazon.com and Amazon Business or apply them towards your statement balance.

Highlighted advantage: 5% Cashback on Amazon Purchases

One of the most attractive features of this card is the 5% cashback on eligible Amazon purchases. This benefit is especially valuable for businesses that frequently buy from Amazon, making it easier to save on large quantities of supplies and equipment. Coupled with the $125 Amazon Gift Card offer upon approval, this card provides a strong incentive for businesses to consider it.

Disadvantages of the Amazon Business Prime American Express Card

While the Amazon Business Prime American Express Card offers numerous benefits, there are a few drawbacks to consider:

• High APR Range: The variable APR for purchases ranges from 19.49% to 27.49%, depending on your creditworthiness. This can lead to high-interest charges if balances are not paid in full each month.
• Limited to U.S. Purchases for 5% Cashback: The 5% cashback benefit is limited to purchases made within the U.S., which might not be as beneficial for businesses with significant international spending.

Notable disadvantage: High APR Range

The variable APR can be a significant drawback, especially for businesses that may carry a balance from month to month. This high-interest rate range means that carrying a balance could result in substantial finance charges, potentially offsetting the benefits of the cashback rewards.

Who can apply for the Amazon Business Prime American Express Card?

To apply for the Amazon Business Prime American Express Card, applicants typically need to meet the following requirements:

• Minimum Age: Applicants must be at least 18 years old.
• Credit Score: A good to excellent credit score is generally required.
• Business Information: You must have a registered business with a valid tax ID number.
• Income Verification: Proof of income or financial stability may be required.
• Personal Guarantee: In some cases, a personal guarantee may be needed if the business is new or has limited credit history.

How to apply for the Amazon Business Prime American Express Card

Applying for the Amazon Business Prime American Express Card is a straightforward process, with several options available:

Online application

• Visit the American Express Website: Access the AmericanExpress dot com page and click the Business Cards link on the AmericanExpress Business main page.
• Select the Amazon Business Prime Card: Select the Amazon Business Prime American Express Card out of the list of all the available cards.
• Fill Out the Application Form: Fill information about the business and the individuals by inputting the details in the online application form.
• Submit Your Application: We need to fill a form after that submit the application wait for the decision.

Through the American Express Mobile App

• Download the App: If you have not done it before, please go to your app store and download mobile app of American Express.
• Log In or Register: Accept ‘cookies’ from this site and sign in with a new account if you already don’t have one.
• Apply for the Card: Click ‘Credit Cards’, and then click on the ‘Amazon Business Prime American Express Card’. It may just lead you to a web page where you input linked prompts, and finally complete your application.

By Phone

• Call American Express: To speak to a person to at American Express, kindly use the phone number 1-888-781-6736.
• Provide Information: Hand over your business and personal information as the representative as required.
• Complete the Application: They will assist you in completing and making the necessary changes on the application as the representative.