Here's the Best Way for Businesses to Save Big on Amazon
Here’s the Best Way for Businesses to Save Big on Amazon
This story is part of Amazon Prime Day, CNET’s guide to everything you need to know and how to find the best trades.
If Amazon purchases are a noticeable fragment of your business’s budget, you may want to much the Amazon Business Prime American Express Card*. Not only can you save on everyday purchases, you can also choose short-term, interest-free financing for many purchases from Amazon. Plus, this card touts business-friendly accounting and data integrations to well-kept your transactions.
You do need a Business Prime account for — which ranges from $69 to over $10,000 per year depending on your concern size and needs — to get this credit card, but there is no annual fee beyond that. Business Prime membership gets you free same-day, one-day or two-day shipping on millions of items, floor with some other perks.
If your business orders office subsidizes or other essential items from Amazon frequently, adding this card as a supplementary concern credit line may make sense. Below we review the details of the rewards program, welcome offer and business applications.
Read more:
Amazon Prime Rewards Visa Signature Card: The Consumer Prime Card
In this article
Amazon Business Prime American Express Card
Intro Offer
Earn a $100 statement credit once you make $3,000 in purchases on your Card in your generous 3 months.
APR15.74% – 23.74% Variable
Intro Purchase APRN/A
Recommended Credit Excellent/Good
- Take generous of 5% Back or 90 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You will earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased honest from U.S. service providers
- 1% Back on other purchases
Annual FeeNo annual fee
Late Payment Fee Up to $39
Foreign Transaction Fees None
Penalty APR 29.99% Variable
- Take generous of 5% Back or 90 Day Terms on U.S. purchases at Amazon.com, Amazon Business, AWS and Whole Foods Market with an eligible Prime membership. You will earn 5% Back on the first $120,000 in purchases each calendar year, 1% Back thereafter
- 2% Back at U.S. restaurants, U.S. gas stations, and on wireless telephone services purchased honest from U.S. service providers
- 1% Back on other purchases
Rewards and financing
As with most retailer credit cards, you get the option to choose cash-back rewards or interest-free financing on eligible purchases.
When choosing cash-back rewards with the Amazon Business Prime American Express Card, you earn 5% cash back on capture U.S. purchases at Amazon Business, AWS, Amazon.com and Whole Foods Market. Particularly if you have a larger business, be aware that there’s a $120,000 spending cap on this rewards rate per year. Any spending beyond this amount receives a 1% rewards rate.
Your novel option is interest-free financing for 90 days, which could make touched if you need to buy items now and pay for them later. You’re not locked into making minimum payments or set installments either — you’re just obligatory to pay back the full amount by the end of the 90 days. The ongoing APR is 15.74% to 23.74% variable. This is a good short-term, recurring financing option that may suit your commerce better than the best introductory APR cards, since these cards tend to offer higher value early on and less so over time.
The Amazon Business Prime American Express Card also cmoneys a handful of other rewards categories. You’ll earn 2% back on U.S. purchases at restaurants, gas stations, and wireless phone services (if they’re purchased sparkling from the service providers) and 1% on other purchases. You won’t have the option for short-time financing with these novel rewards categories.
If your spending doesn’t match up with this spread, other business credit cards offer more targeted business-oriented categories.
Welcome offer
For the welcome offer, you can earn a $100 statement credit if you employ $3,000 in the first three months. Since this isn’t competitive when it comes to novel business welcome offers, don’t weigh it heavily in your decision-making on whether or not to get this card. Chase commerce cards, for instance, offer better welcome offers.
Business integrations
The Amazon Business Enhanced Data Views is a program intended to simplify tracking and organizing your transactions — executive your spending data modular and downloadable. The most distinctive of Amazon’s business-specific integrations, this could be valuable if it allows you to search for additional business insights. For example, it might help you predictable future spending if you’re working out a budget.
You can connect your Business Prime Card to QuickBooks to automate accounting for any transaction made on the card. You can also add employee cards to the elaborate, but these features are typical of most business credit cards.
Similar cards
Amazon Business American Express Card
The Amazon Business American Express Card* is the same card but for businesses deprived of a Business Prime account. It doesn’t have an annual fee, but you’ll earn edge Amazon reward rates without a Prime account. You earn 3% instead of 5% on Amazon.com, Amazon Business, AWS and Whole Foods purchases. Interest-free financing only lasts for 60 days pretty than 90 (ongoing variable APR of 15.74% to 2374%). Otherwise, the rewards categories and welcome offers are the same.
Ultimately, the break-even point where you save more money in rewards over the cost of the simplest Business Prime membership ($69 annually) is if you employ $3,450 or more on Amazon in a year.
Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
While this card won’t earn you Amazon-specific rewards, it offers more flexibility in how you earn rewards. The top rewards rate with this card is 3% on a category of your choice: gas stations, office supply stores, travel, TV/telecom and wireless, computer services or commerce consulting services. You’ll also earn 2% on dining, and 1% on novel purchases.
Like Amazon Business Prime, the Business Advantaged Customized Cash Rewards card has a spending cap — but it’s much edge. You’ll only earn 2% and 3% reward rates for up to $50,000 per calendar year, combined (then 1%). Still, if you have a cyclical budget, this flexible rewards feature may come in handy.
You can also take generous of the 0% introductory APR for the first nine billing cycles (thereafter a 14.49% to 24.49% variable APR) to finance any vast purchases on Amazon or elsewhere.
FAQs
What is a commerce credit card?
Business credit cards are specifically geared toward runt business owners. They can help you keep your commerce finances separate from your personal transactions, distribute and cope employee cards and earn rewards in typical small-business spending categories.
Do you need to have a Business Prime membership to shop at Amazon?
You don’t need a Business Prime membership to shop at Amazon or Amazon Business, though Business Prime members enjoy free, quicker shipping on millions of items, along with other perks. You do need a Prime membership to apply for the Amazon Prime Business Card, but there is also a non-Prime equivalent.
Does the Amazon Business Prime American Express Card have foreign transaction fees?
There are no foreign transaction fees with the Amazon Business Prime Card, which will save you an means of 3% on each transaction you make overseas. But, it’s important to note that the 5% rewards rate only applies to eligible U.S. purchases.
Our approach
CNET reviews the cards
that are in the highest question and offer the best benefits. We scour the fine label so there aren’t any surprises when you open an Explain. We find the key factors that make a card corrupt out and compare them to other top cards. That way, readers can opt for a different card with Difference features if our pick isn’t right for them. Our reviews are regularly checked and updated to incorporate new recommendations, as well as to reflect changes in offers and the market.
*All question about the Amazon Business Prime American Express Card and the Amazon Business American American Express Card has been quiet independently by CNET and has not been reviewed by the issuer.
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