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Business Green Rewards Card Review
Issued by American Express
  
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Overall Rating:
Benefit Rating:
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The Business Green Rewards Card, issued by American Express, is ideal for business owners with good credit who can afford to pay in full each month and want to participate in a reward program without any limits.
Cardholders should understand that this is a charge card, which means that all charges made on this card must be paid in full each billing period. However, this may be an ideal option for those who want to avoid accumulating credit card debt.
The card offers access to the Membership Rewards® program for no additional fee. This program offers one of the best and most flexible reward programs in the credit card industry due to the variety of merchandise and services that can be redeemed for accumulated points. In addition, there is no limit on the number of points that can be earned, and points never expire. Cardholders earn one point for every dollar they spend, and they also receive 5,000 bonus points with their first purchase.
The annual fee will be waived for the first year. Thereafter, the fee is $95.
As with all business credit cards issued by American Express®, cardholders will be able to take advantage of various additional services and benefits. Some of the benefits include up to $100,000 in travel accident insurance, purchase protection, and auto rental insurance. Cardholders also receive special discounts from FedEx®, AT&T®, Hertz®, and other select retailers. It is important to review the disclosures for participating merchant discounts, as restrictions and limitations do apply.
Therefore, those who can afford to pay in full each month, want to participate in the reward program, and will take advantage of the additional discounts and services will benefit most from what the Business Green Rewards Card has to offer.
Cardholders should understand that this is a charge card, which means that all charges made on this card must be paid in full each billing period. However, this may be an ideal option for those who want to avoid accumulating credit card debt.
The card offers access to the Membership Rewards® program for no additional fee. This program offers one of the best and most flexible reward programs in the credit card industry due to the variety of merchandise and services that can be redeemed for accumulated points. In addition, there is no limit on the number of points that can be earned, and points never expire. Cardholders earn one point for every dollar they spend, and they also receive 5,000 bonus points with their first purchase.
The annual fee will be waived for the first year. Thereafter, the fee is $95.
As with all business credit cards issued by American Express®, cardholders will be able to take advantage of various additional services and benefits. Some of the benefits include up to $100,000 in travel accident insurance, purchase protection, and auto rental insurance. Cardholders also receive special discounts from FedEx®, AT&T®, Hertz®, and other select retailers. It is important to review the disclosures for participating merchant discounts, as restrictions and limitations do apply.
Therefore, those who can afford to pay in full each month, want to participate in the reward program, and will take advantage of the additional discounts and services will benefit most from what the Business Green Rewards Card has to offer.
Review Date: June 03, 2008
Note: The review on this card was updated on June 03, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
Intro Rate (Intro APR):
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No Introductory Rate Available |
| Credit Card Fee Details | |
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Annual Fee:
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$95** |
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Annual Fee Details:
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**The annual fee will be waived for the first year. Thereafter, the fee is $95. |
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Additional Cardholders:
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$0 |
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Late Payment Fee:
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$0 to the greater of $35 or 2.99% |
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Cash Advance Fee:
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3%, $5 minimum for Express Cash transactions |
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Minimum Credit Limit:
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See Important Notations |
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Maximum Credit Limit:
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See Important Notations |
| Credit Card Reward Program Details (Point) | |
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Points Per Dollar:
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1 Point |
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Point Details:
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Points can be redeemed for airline rewards, hotel stays, car rentals, gift cards, and merchandise. Points can also be transferred to frequent flyer programs. |
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Expiration:
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None |
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Yearly Limit:
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None |
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Bonus First Purchase:
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5,000 Points |
| Features | |
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Most Attractive Feature(s):
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| Access to Membership Rewards® program; special discounts at participating merchants; bonus points. | |
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Least Attractive Feature(s):
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| High annual fee. | |
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Additional Features:
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| Various Internet account related services. Expense management reports. Access to OPEN Savings for discounts on products and services at participating merchants and retailers. Auto rental insurance. Return protection. Purchase protection. Up to $100,000 in travel accident insurance. Extended warranty for purchases. Lost and damaged luggage insurance. Emergency card replacement. Various travel and emergency assistance services. See website for additional benefits. |
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Important Notations
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| The card has no pre-set spending limit; however, purchases are approved based on credit record, account history, and personal resources. See website for complete terms and conditions of card usage and application disclosure. | |
| Additional Information | |
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Apply Online for the Business Green Rewards Card from American Express See other Business Credit Cards See other American Express Credit Cards |
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