Review of the Business Green Rewards Card

The American Express Business Green Rewards Card was last reviewed on 31st July 2008.

Summary - The American Express® Business Green Rewards Card. is a business charge card that will appeal to the small business owner who wants to enjoy the tremendous travel and shopping rewards from the American Express Membership Rewards program. It allows the cardholder to earn unlimited points which do not expire.

Reward Formula - The Business Green Rewards Card allows the cardholder to earn one reward point for every dollar spent on the card. You can earn unlimited points which do not expire. As a signing bonus, you will get 5,000 bonus points once you are approved.

Open Savings - Like every American Express business card, you money when you can use the card with OPENSavings merchants and get savings. These merchants include AT&T, Expensable, Fedex, Hertz, subscription to USA Today and 1800-Flowers.com.

Fees - The Business Green Rewards Card has an annual fee of $95.00. For the first year, the annual fee is waived. There is no annual fee for additional cards. As this is a charge card, there is no apr or finance charges as you have to pay your bills fully every month.

Verdict - The American Express® Business Green Rewards Card will appeal to the small business owner who does not need a credit card to get credit and would like to earn membership reward points and enjoy the benefits of the Membership Rewards Program. If you already have a personal rewards green or gold card, then getting this card for your small business makes sense as you can link your business card to your existing Membership Reward program. Linking to your existing account may cost only $10.00 a year for each relationship. You can then separate your personal and business spending on separate cards but yet earn points for the same program. Lastly, American Express business cards lets you manage your account with account summaries and to track charges with Expense Management Reports.

Positives