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Sign up for the Business Green Rewards Card from American Express designed for business owners seeking a low cost and flexible spending card. Unlike the majority of other cards offered by American Express, this is a charge card, meaning there is no pre-set spending limit. With this card you can earn 3X Membership Rewards® points on your combined eligible purchases on the Card, up to the first $50,000, at U.S. restaurants, on hotel stays booked directly with hotels, and on airfare purchased directly from airlines in the first 3 months of Card Membership. Offer Ends 11/6/2019.
This card does carry an annual fee of $95.
If this card interests you, keep reading to find out more!
Table of Contents
- 1 Business Green Rewards Card Summary
- 2 Business Green Rewards
- 3 Earning Membership Rewards Points
- 4 Redeeming Membership Rewards Points
- 5 Business Green Rewards Cardholder Benefits
- 6 Author’s Verdict
- 7 Alternative Credit Cards Options
Business Green Rewards Card Summary
The Business Green Rewards Card from American Express comes with a limited time offer - earn 3X Membership Rewards® points on your combined eligible purchases on the Card, up to the first $50,000, at U.S. restaurants, on hotel stays booked directly with hotels, and on airfare purchased directly from airlines in the first 3 months of Card Membership. Offer Ends 11/6/2019.
You'll earn double Membership Rewards® points for each dollar of eligible purchases made when you book on the American Express Travel website; earn one Membership Rewards® point for each dollar you spend on eligible purchases.
This card comes with a $95 annual fee. See Rates & Fees
Business Green Rewards
Without a minimum spending requirement, you can earn Membership Rewards Points (RP) on your purchases. There are many ways to go about this. Down below are several options to acquiring these points.
• Plastiq - Using Plastiq allows you to pay for your personal expenses such as rent, tuition, mortgage, auto lease etc. Although they charge a 2.5% processing fee for using your credit card, this will contribute to the card bonus that you will receive. There is also a referral program that allows you to earn "Free-Free Dollars" that goes towards processing fees as well.
• Funding Checking Accounts - When it comes to funding a checking account, opening your initial deposit with a credit card is the usual way to go about it. However, if you want to have more opportunities, you should open a checking account that offers a sign-up bonus. This allows you to work towards bonuses from not one but two different sources instead. Banks like Chase, Huntington Bank, TD Bank and BBVA offers credit card funding, and for your opening deposit, you can often fund anywhere from $50-$1000 with a credit card, depending on what bank offers it.
• Gift Card Purchases With Using a Credit Card - Another way to acquire the bonus is using your credit card to purchase gift cards. Buying a a gift card or an individual merchant card typically do not require a purchase fee and are used towards leisure, so gift cards are ideal. However, gift cards such as a Visa or American Express do incur purchase fees because they can be spent anywhere, but gift cards that are specifically for a certain online shopping site such as Amazon or eBay don't.
As for a Citi Credit Card, you should call customer service and ask them to lower your Cash Advance limit to $0 before making any purchases because Citi tends to read gift card purchases as a Cash Advance.
Ideally, you should do this with any card just to be safe. Lastly, there is such thing as a discounted gift card which can be purchased on Raise or eBay. If you use a credit card often for everyday purchases, it can build your credit score that will contribute towards paying for things such as bills and taxes.
Earning Membership Rewards Points
With the Business Green Rewards Card from American Express, you can earn 2 points for every $1 spent on Amex Travel purchases and 1 point for every $1 spent on all other purchases. Each Membership Rewards point is worth up to $0.02.
Redeeming Membership Rewards Points
You can redeem your Membership Rewards Points for various offers such as statement credits, gift cards, merchandise and more.
|Travel via Amex or Expedia||$0.005 – $0.01 / point|
|Transfer to travel partners||Varies by partner|
|Statement credits||$0.006 / point|
|Merchandise||Varies by retailer|
|Unique experiences||Varies by venue|
|Gift cards||Varies by retailer|
|Charity donations||$0.007 / point|
The best way to redeem your Membership Rewards Points is to transfer them to a partnered airline or hotel with American Express. You can get up to 2 cents per point when you use Amex’s travel partners. Below is a chart of Membership Rewards partners with American Express.
Membership Rewards Airline Partners
|Aer Lingus||AeroMexico||Air Canada|
|Air France/KLM||Alitalia||All Nippon Airways|
|Avianca||British Airways||Cathay Pacific|
|Delta Air Lines||El Al Israel Airlines||Emirates|
|Etihad Airways||Hawaiian Airlines||Iberia|
|JetBlue Airways||Qantas||Singapore Airlines|
Membership Rewards Hotel Partners
|Choice Privileges||Hilton Honors||Marriott Bonvoy|
Business Green Rewards Cardholder Benefits
More Flexibility: Since the Amex Business Green Rewards card is a charge card, you get more flexibility and can have a balance with interest (about $100 or more) and still earn rewards if you want. Choose to pay your full balance, the minimum amount due or any number in between.
Travel Via Amex or Expedia: Book flights through Expedia and earn $0.005 – $0.01 per $1 spent.
Transfer Partners: Like most American Express cards, the Business Green Rewards card encourages you to transfer your points to Amex’s partnered airlines and hotels because it would benefit not only business travelers but travelers in general.
Check out the Business Green Rewards Card from American Express, and see if it’s the right business card for you. ]The annual fee is $95 and you can earn double Membership Rewards points for each dollar of eligible purchases made when you book on the American Express Travel website.
Overall, this is a solid business card, and if it has what you are looking for in a card, don’t hesitate to sign up! Check back on BankDealGuy’s page for our complete updated list of Credit Card Promotions, and if you’re looking for more options from American Express, visit our American Express Credit Card Promotions master list for more info.
Alternative Credit Cards Options
If you aren’t particularly a person who just wants a simple card, then I would suggest looking into other cards that offers better bonuses and benefits with semi-flexibility. These include the Chase Ink Business Preferred Card, Capital One Spark Miles for Business and Capital One Spark Cash for Business.
The Chase Ink Business PreferredSM Card offers 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®.
You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards.
This card does come with a $95 annual fee but does not have any foreign transaction fees.
The Capital One® Spark® Miles for Business offers a one-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months from account opening
Your miles won't expire for the life of the account, and there are no categories to limit where or what you buy and you can earn 2 miles per $1 on every purchase.
There is an annual fee of $95, however, there is a $0 intro annual fee for the first year. Enjoy no foreign transaction fees and fly on any airline, anytime, with no blackout dates or seat restrictions.
The Capital One® Spark® Cash for Business offers a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening.
You're able to earn an unlimited 2% cash back could mean thousands of dollars each year going back into your business. Use Spark Cash across all your business spend, with no categories to limit your purchasing.
This card does come with a $95 annual fee, however, there is a $0 intro annual fee for the first year.
• Chase Bank Bonuses. Chase usually offers the most sign-up bonuses out of all the big banks. Read up and enjoy several promotions for their Checking, Savings and Business accounts.
• HSBC Bank Bonuses. HSBC has some big value offers available for their Checking accounts. Some require hefty deposits to qualify. They also have an online Savings account offering a very competitive rate.
• Huntington Bank Bonuses. Huntington has Consumer Checking and Business Checking accounts available throughout the year.
• Discover Bank Bonuses. As an online bank, Discover offers high and competitive rates on their Savings, CD, and Money Market accounts. Enjoy excellent customer service nationwide.
• TD Bank Bonuses. TD Bank consistently offers great Checking account bonuses all year long. Savings account offers are less frequently available.
|Chase SapphireSM Checking||$750 Cash||Review|
|Chase Total Checking® + Chase SavingsSM||$350 Cash||Review|
|Chase Premier Plus CheckingSM||$300 Cash||Review|
|Chase College CheckingSM||$100 Cash||Review|
|Chase Private Client||$1,250 Cash||Review|
|TD Bank Beyond CheckingSM||$300 Cash||Review|
|TD Bank Convenience CheckingSM||$200 Cash||Review|
|Chase Total Business Checking®||$200 Cash||Review|
|Huntington Bank Accelerated Business Checking||$750 Cash||Review|
|Huntington Bank Fast Track Business Checking||$400 Cash||Review|
|Huntington Bank Community Business Checking||$200 Cash||Review|