Running a small business requires smart financial management, and choosing the right credit card can make a significant difference. American Express offers a range of business credit cards tailored to different needs, from earning rewards to managing cash flow. In this guide, we’ll explore the best American Express credit cards for small business owners and help you find the perfect fit for your business.
Why Choose an American Express Business Credit Card?
American Express is known for its premium rewards programs, excellent customer service, and valuable business perks. Here are some key benefits of using an Amex business credit card:
- Generous Rewards: Earn points, cash back, or travel rewards on business expenses.
- Expense Management Tools: Track spending, set employee card limits, and integrate with accounting software.
- Flexible Payment Options: Some cards offer Pay Over Time or 0% introductory APR periods.
- Exclusive Perks: Access to travel benefits, purchase protection, and business-related discounts.
Top American Express Credit Cards for Small Business Owners
1. The Business Platinum Card® from American Express
Best for: High-spending business owners who travel frequently
The Business Platinum Card® is ideal for entrepreneurs who want premium travel perks and high rewards on business expenses.
- Welcome Offer: Earn a substantial number of Membership Rewards® points after meeting the spending requirement.
- Rewards: Earn 5X points on flights and prepaid hotels booked through Amex Travel, and 1.5X points on eligible purchases over $5,000.
- Perks: Access to airport lounges, statement credits for business purchases, and elite hotel status.
- Annual Fee: $695 (as of 2024).
2. American Express® Business Gold Card
Best for: Businesses with high spending in specific categories
The Business Gold Card offers flexible rewards, allowing you to earn more points in the categories where you spend the most.
- Welcome Offer: Earn a generous number of Membership Rewards® points after qualifying purchases.
- Rewards: Earn 4X points on the top two spending categories each billing cycle (up to $150,000 per year).
- Perks: No preset spending limit, travel benefits, and purchase protection.
- Annual Fee: $295 (as of 2024).
3. The Blue Business® Plus Credit Card from American Express
Best for: Small businesses looking for a no-annual-fee rewards card
This card is perfect for business owners who want to earn rewards without paying an annual fee.
- Welcome Offer: Earn Membership Rewards® points after meeting the spending requirement.
- Rewards: Earn 2X points on all eligible purchases (up to $50,000 per year, then 1X).
- Perks: 0% introductory APR for the first 12 months, expense management tools.
- Annual Fee: $0.
4. American Express® Business Cash Card
Best for: Businesses that prefer cash back over points
If you want straightforward cash back rewards, this card is a great option.
- Welcome Offer: Earn a cash back bonus after meeting the spending requirement.
- Rewards: Earn 2% cash back on eligible purchases (up to $50,000 per year, then 1%).
- Perks: 0% introductory APR for the first 12 months, no annual fee.
- Annual Fee: $0.
How to Choose the Right Amex Business Credit Card
When selecting an American Express business credit card, consider the following factors:
- Spending Habits: Choose a card that maximizes rewards in your top spending categories.
- Annual Fees: Weigh the benefits against the cost of the card.
- Business Needs: If you travel frequently, a premium card with travel perks may be worth it.
- Cash Flow Management: Look for 0% APR offers or flexible payment options if needed.
Final Thoughts
American Express offers a variety of business credit cards to suit different needs, whether you prioritize travel rewards, cash back, or flexible spending. The right card can help you manage expenses, earn valuable rewards, and take advantage of exclusive business perks.
Before applying, assess your business spending habits and financial goals to choose the best Amex business credit card for your needs. With the right card in hand, you can optimize your business expenses and enjoy valuable benefits along the way.
