The American Express Business Edge Card is an excellent business card for small business owners. It has an impressive earning rate for its moderate annual fee. In addition, it offers some of the best rewards for business owners who spend in categories like office supplies, electronics, rides, gas, and drinks.
To put it in simple terms: if you’re looking to sign up with American Express, this card makes a great choice. Your business can take advantage of exclusive Amex offers and cardholder loyalty rewards with no hassle.
Want to know more about the American Express Business Edge Card? Check out this review.
Key Card Details
- $99 annual fee
- Free supplementary card
- 19.99% interest rate on purchases
- 21.99% interest rate on funds advances
- Free Business and expense management tools
- Impressive welcome bonus
- Apply through this secure link for a $75 cash back rebate
American Express Business Edge Card Welcome Bonus
If you’re looking for an American Express business card that offers an impressive welcome bonus, the Business Edge Card might be worth considering.
The Card offers up to 57,000 bonus points (worth $570 in statement credits), which are detailed as follows:
Earn 45,000 Welcome Bonus points when you charge $5,000 in purchases to your Card in your first three months of Card membership.
Each month you spend $3,000, you’ll receive 1000 MR points as an additional signup bonus.
What’s more? You can earn 5,000 points per referral, up to 75,000 points per year.
Business Benefits
Your business can benefit from the powerful tools and flexibility American Express offers. You will have access to a suite of business management tools that give you more control over your business anytime and anywhere.
You will also have access to a unique benefit called Employee Card Misuse Protection. This benefit is for business owners and provides coverage of up to $100,000 per basic card member if an employee misuses their Supplementary Card for unauthorized charges.
How To Earn Reward Points
The American Express Business Edge Card will reward you for spending on your business.
As a cardholder, you’ll earn three reward points on eligible business essentials, such as office supplies and electronics, rides, gas, eating, and drinking. However, the 3x points under these spending categories are capped at 75000 points. Therefore, any purchase you make after reaching this maximum threshold will earn 1 point.
How To Redeem Your Membership Reward Points
It is relatively simple to redeem your reward points with American Express. Using this Membership Rewards program, you can offset business expenses by covering the cost of purchases made on your card, in full or in part.
You can use your reward points to buy gift cards from your membership area. You can also redeem them for a statement credit. And last but not least, points can be redeemed for flight purchases on AirCanada.com and can even be transferred 1:1 to frequent flyer and hotel programs.
American Express Business Edge Card Downsides
It’s disappointing that this card doesn’t offer comprehensive insurance, unlike many travel-focused cards. Also, the card isn’t widely accepted by merchants outside major cities. So, we encourage American Express cardholders to have a visa or Mastercard credit card as an alternative.
In conclusion
In the end, the two biggest reasons most business owners will likely want the Amex Business Edge card are the rewards and the bonuses. This card offers nice perks that can save you money on your everyday expenses and larger purchases. This card is worth considering if you are an entrepreneur looking to work hard and earn some serious rewards. The annual fee is reasonably moderate, and you get what you pay for.