American Express AIR MILES for Business Card Review

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Earn AIR MILES from your small business spending and redeem your points for flights, merchandise, experiences and even cash.

Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months.

N/A

Purchase Interest Rate

$180

Annual Fee

N/A

Balance Transfer Rate

Details

Product NameAmerican Express AIR MILES for Business Card
RewardEarn 1 AIR MILE for every $10 spent at eligible AIR MILES Sponsors and 1 AIR MILE for every $15 spent elsewhere.
Welcome OfferEarn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months.
Purchase Interest RateN/A
Cash Advance RateN/A
Balance Transfer RateN/A
Interest Free Period up to 55 days
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30-second take

  • Get this card if you travel frequently and make lots of purchases as a small business owner.
  • Pick something else if you don’t pay your card balance in full each month or don’t want to pay an annual fee.
  • Apply with a good to excellent credit score of 650 or higher.

The basics

The American Express AIR MILES for Business Card lets you earn AIR MILES while you make purchases for your small business. Your Air Miles can then be redeemed for flights, hotels, all inclusive vacations, car rentals, merchandise, gift cards and even cash rewards. Aside from earning Air Miles, this card provides a host of travel and shopping insurances as well as access to a suite of business solutions. These business tools can help you maximize your cashflow and manage your business better.

Keep in mind this card is a charge card, which means you must pay off your credit card balance in full each month. The card also comes with an annual fee of $180.

The perks

  • Welcome bonus.
    Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months.
  • Earn Air Miles when you spend.
    Earn 1 AIR MILE for every $10 spent at eligible AIR MILES Sponsors and 1 AIR MILE for every $15 spent elsewhere.
  • Air Miles discounts and perks.
    Earn twice the AIR MILES by using both your AIR MILES Collector Card and your American Express AIR MILES for Business Card at AIR MILES Sponsors. As you earn Air Miles, you'll also get a 25% discount on business rewards when you redeem your Air Miles from your Dream balance for rewards from the Air Miles for Business Rewards catalogue. This catalogue is targeted toward small business owners, providing access to helpful merchandise, packages and experiences.
  • up to 55 days interest-free.
    up to 55 days interest-free on your credit card when you pay off your balance in full each billing cycle. In addition, this card adjusts automatically with usage, meaning you can have more or less spending power depending on how often you use the card.

You’ll also like …

  • Access to business solutions.

    Get access to helpful business solutions that can assist you with your business anytime, anywhere. These tools can help you manage your business and cashflow.

  • Travel insurance coverage.
    This card comes with up to $100,000 Travel Accident Insurance, Car Rental Theft and Damage Insurance, Baggage Delay Insurance, Lost or Stolen Baggage Insurance, Flight Delay Insurance and Hotel/Motel Burglary Insurance.
  • Purchase benefits.

    Buyer’s assurance doubles the manufactures warranty (up to one additional year) when you use your American Express card to purchase the item. Your eligible items are also covered against theft and accidental damage with Purchase Protection.

  • Fraud protection.

    If your card details are stolen, online or offline, you won’t be held responsible for the fraudulent charges as long as you take extra precautions to safeguard your account details and PIN. The American Express customer service team will assist you in remedying the situation.

  • Exclusive American Express perks.

    American Express offer a range of opportunities to cardholder-only experiences and preferred seating at select events. You can enjoy concert, theatre, film, dining, shopping and travel perks with American Express Invites.

What to watch out for

  • Annual fee.

    The card’s annual fee is $180. However, if you use the rewards and perks, you may find the annual fee is worth the expense.

  • It’s a charge card, not a credit card.

    The American Express AIR MILES for Business Card is a charge card, which means you must pay your balance in full each month. Otherwise, 30% APR is charged for unpaid balances.

  • Not as widely accepted overseas.

    Compared to Visa and Mastercard, American Express is much less widely accepted in locations across Canada, the US and around the world. This might provide you with less opportunity to use the card, and therefore less opportunity to reap the rewards.

Consider other cards if …

  • You don’t use Air Miles.

    If you don’t collect and redeem Air Miles Reward Miles, a different card will likely suit your needs better. With a high annual fee, this card tends to be beneficial for small business owners who frequently travel and take advantage of the Air Miles offers, as well as the host of travel insurances on offer.

  • You don’t want to pay an annual fee.

    The American Express AIR MILES for Business Card comes with a steep fee of $180 annually. If paying an annual fee this high is not in your best interest, consider other types of business credit cards that come with lower fees.

  • You don’t pay off your balance in full each month.

    Since the American Express AIR MILES for Business Card is a charge card, you will be required to pay off your balance in full each month. If you find that you often carry a balance on your credit card and you don’t want the added stress of paying it off each month, you may find that a regular credit card is a better fit.

Compare other American Express credit cards

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Min. Credit Limit Benefits with this card Description
American Express AIR MILES Platinum Credit Card
20.99%
22.99%
$120
N/A
N/A
Earn 1 AIR MILE for every $5 spent on eligible food, drink, gas and transit purchases (up to an annual spend of $30,000), and earn 1 AIR MILE for every $10 spent on all other eligible purchases (and after the $30,000 annual spend).
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $1,500 in eligible purchases within the first three months. Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.
American Express AIR MILES for Business Card
N/A
N/A
$180
N/A
N/A
Earn 1 AIR MILE for every $10 spent at eligible AIR MILES Sponsors and 1 AIR MILE for every $15 spent elsewhere.
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months.
American Express AIR MILES Reserve Credit Card
20.99%
22.99%
$299
N/A
N/A
Earn 1 AIR MILE for every $10 spent on purchases at eligible stand-alone grocery stores, gas stations and drugs stores in Canada, as well as eligible AIR MILES partners, and earn 1 AIR MILE for every $15 spent on all other eligible purchases elsewhere.
Earn a Welcome Bonus of 2,400 AIR MILES when you spend at least $3,000 in eligible purchases within the first three months. Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.
Business Platinum Card from American Express
N/A
N/A
$499
N/A
N/A
Earn 1.25 Membership Rewards points for every $1 spent on eligible purchases.
Earn a Welcome Bonus of 40,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months.
American Express AeroplanPlus Platinum Card
N/A
N/A
$499
N/A
N/A
Earn 1.25 Aeroplan Miles for every $1 spent up to the first $25,000 annual spend, and earn 1.5 Aeroplan Miles for every $1 spent over $25,000.
Receive 40,000 bonus Aeroplan Miles after spending $3,000 in the first three months of card membership.
American Express AIR MILES Gold Business Card
19.99%
22.99%
$0
N/A
N/A
Earn 1 AIR MILE for every $15 spent on eligible purchases at AIR MILES Sponsors, and earn 1 AIR MILE for every $20 spent on eligible purchases elsewhere.
Earn a Welcome Bonus of 150 AIR MILES when you spend at least $1,000 in eligible purchases within the first three months.
American Express AeroplanPlus Gold Card
N/A
N/A
$120
N/A
N/A
Earn 1 Aeroplan Mile for every $1 you spend up to a maximum of $10,000, and earn 1.25 Aeroplan Miles for every $1 spent over $10,000 per year.
Earn 15,000 bonus Aeroplan Miles after spending $1,500 in the first 3 months.
American Express Business Gold Rewards Card
N/A
N/A
$250
N/A
N/A
Earn 2 Membership Rewards points for every $1 spent on eligible purchases at select American Express merchant suppliers in Canada (choose 3 suppliers), and earn 1 Membership Reward point for every $1 spent on eligible purchases elsewhere.
Earn a Welcome Bonus of 30,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months.
American Express Business Edge Card
19.99%
22.99%
$99
N/A
N/A
Earn 3 Membership Rewards points for every $1 spent on eligible business essentials including office supplies, electronics, rides, gas, eats and drinks (up to an annual earn of 75,000 Membership Rewards), and earn 1 Membership Reward point for every $1 spent on all other eligible purchases.
Earn up to 42,000 Membership Rewards points in your first year. Earn a Welcome Bonus of 30,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months, and earn 1,000 Membership Rewards points each month (a total of 12,000 annually) when you spend a minimum of $3,000 on eligible purchases.

Compare up to 4 providers

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Min. Credit Limit Benefits with this card Description
American Express AIR MILES Platinum Credit Card
20.99%
22.99%
$120
N/A
N/A
Earn 1 AIR MILE for every $5 spent on eligible food, drink, gas and transit purchases (up to an annual spend of $30,000), and earn 1 AIR MILE for every $10 spent on all other eligible purchases (and after the $30,000 annual spend).
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $1,500 in eligible purchases within the first three months. Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.
American Express AIR MILES for Business Card
N/A
N/A
$180
N/A
N/A
Earn 1 AIR MILE for every $10 spent at eligible AIR MILES Sponsors and 1 AIR MILE for every $15 spent elsewhere.
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months.
American Express AIR MILES Reserve Credit Card
20.99%
22.99%
$299
N/A
N/A
Earn 1 AIR MILE for every $10 spent on purchases at eligible stand-alone grocery stores, gas stations and drugs stores in Canada, as well as eligible AIR MILES partners, and earn 1 AIR MILE for every $15 spent on all other eligible purchases elsewhere.
Earn a Welcome Bonus of 2,400 AIR MILES when you spend at least $3,000 in eligible purchases within the first three months. Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.
American Express AIR MILES Gold Business Card
19.99%
22.99%
$0
N/A
N/A
Earn 1 AIR MILE for every $15 spent on eligible purchases at AIR MILES Sponsors, and earn 1 AIR MILE for every $20 spent on eligible purchases elsewhere.
Earn a Welcome Bonus of 150 AIR MILES when you spend at least $1,000 in eligible purchases within the first three months.

Compare up to 4 providers

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Min. Credit Limit Benefits with this card Description
American Express AeroplanPlus Platinum Card
N/A
N/A
$499
N/A
N/A
Earn 1.25 Aeroplan Miles for every $1 spent up to the first $25,000 annual spend, and earn 1.5 Aeroplan Miles for every $1 spent over $25,000.
Receive 40,000 bonus Aeroplan Miles after spending $3,000 in the first three months of card membership.
American Express AeroplanPlus Gold Card
N/A
N/A
$120
N/A
N/A
Earn 1 Aeroplan Mile for every $1 you spend up to a maximum of $10,000, and earn 1.25 Aeroplan Miles for every $1 spent over $10,000 per year.
Earn 15,000 bonus Aeroplan Miles after spending $1,500 in the first 3 months.

Compare up to 4 providers

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Min. Credit Limit Benefits with this card Description
American Express Business Edge Card
19.99%
22.99%
$99
N/A
N/A
Earn 3 Membership Rewards points for every $1 spent on eligible business essentials including office supplies, electronics, rides, gas, eats and drinks (up to an annual earn of 75,000 Membership Rewards), and earn 1 Membership Reward point for every $1 spent on all other eligible purchases.
Earn up to 42,000 Membership Rewards points in your first year. Earn a Welcome Bonus of 30,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months, and earn 1,000 Membership Rewards points each month (a total of 12,000 annually) when you spend a minimum of $3,000 on eligible purchases.
American Express AIR MILES for Business Card
N/A
N/A
$180
N/A
N/A
Earn 1 AIR MILE for every $10 spent at eligible AIR MILES Sponsors and 1 AIR MILE for every $15 spent elsewhere.
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months.
Business Platinum Card from American Express
N/A
N/A
$499
N/A
N/A
Earn 1.25 Membership Rewards points for every $1 spent on eligible purchases.
Earn a Welcome Bonus of 40,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months.
American Express AIR MILES Gold Business Card
19.99%
22.99%
$0
N/A
N/A
Earn 1 AIR MILE for every $15 spent on eligible purchases at AIR MILES Sponsors, and earn 1 AIR MILE for every $20 spent on eligible purchases elsewhere.
Earn a Welcome Bonus of 150 AIR MILES when you spend at least $1,000 in eligible purchases within the first three months.
Marriott Bonvoy Business American Express Card
19.99%
22.99%
$150
N/A
N/A
Earn 5 Marriott Bonvoy™ points per dollar spent at participating Marriott Bonvoy™ properties, 3 points on eligible gas, dining and travel and 2 points on all other spend. Terms apply.
Receive 50,000 Marriott Bonvoy™ points when you charge $1,500 in the first 3 months of card membership. Terms apply.
American Express Business Gold Rewards Card
N/A
N/A
$250
N/A
N/A
Earn 2 Membership Rewards points for every $1 spent on eligible purchases at select American Express merchant suppliers in Canada (choose 3 suppliers), and earn 1 Membership Reward point for every $1 spent on eligible purchases elsewhere.
Earn a Welcome Bonus of 30,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months.

Compare up to 4 providers

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Min. Credit Limit Benefits with this card Description
The Platinum Card from American Express
N/A
N/A
$699
N/A
N/A
Earn 3 Membership Rewards points for every $1 spent on eligible dining in Canada, 2 Membership Rewards points for every $1 spent on eligible travel purchases as well as hotel and car rental bookings made with American Express Travel, and earn 1 Membership Reward point for every $1 spent on all other eligible purchases
As a new Platinum Cardmember, earn up to 60,000 Membership Rewards points in the fist six months. Earn a Welcome Bonus of 50,000 Membership Rewards points when you spend at least $3,000 on eligible purchases within the first three months. Receive an additional 10,000 Membership Rewards points after six months of cardmembership
American Express AIR MILES Platinum Credit Card
20.99%
22.99%
$120
N/A
N/A
Earn 1 AIR MILE for every $5 spent on eligible food, drink, gas and transit purchases (up to an annual spend of $30,000), and earn 1 AIR MILE for every $10 spent on all other eligible purchases (and after the $30,000 annual spend).
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $1,500 in eligible purchases within the first three months. Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.
American Express AeroplanPlus Platinum Card
N/A
N/A
$499
N/A
N/A
Earn 1.25 Aeroplan Miles for every $1 spent up to the first $25,000 annual spend, and earn 1.5 Aeroplan Miles for every $1 spent over $25,000.
Receive 40,000 bonus Aeroplan Miles after spending $3,000 in the first three months of card membership.
Business Platinum Card from American Express
N/A
N/A
$499
N/A
N/A
Earn 1.25 Membership Rewards points for every $1 spent on eligible purchases.
Earn a Welcome Bonus of 40,000 Membership Rewards points when you spend at least $5,000 on eligible purchases within the first three months.

Compare up to 4 providers

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Min. Credit Limit Benefits with this card Description
SimplyCash Preferred Card from American Express
19.99%
22.99%
$99
N/A
N/A
Earn 2% cash back on all eligible purchases.
Earn 5% cash back on all eligible purchases in your first six months (up to a maximum spend of $6,000, or $300 in cash back). Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.
SimplyCash Card from American Express
19.99%
22.99%
$0
N/A
N/A
1.25% cash back rate on all purchases when your welcome offer ends. No cap.
Earn 2.5% cash back on all eligible purchases in your first three months (up to a maximum spend of $6,000, or $150 in cash back). Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.

Compare up to 4 providers

Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Min. Credit Limit Benefits with this card Description
SimplyCash Card from American Express
19.99%
22.99%
$0
N/A
N/A
1.25% cash back rate on all purchases when your welcome offer ends. No cap.
Earn 2.5% cash back on all eligible purchases in your first three months (up to a maximum spend of $6,000, or $150 in cash back). Plus, get a rate of 1.99% on balance transfers for the first six months with no balance transfer fee. Transfer up to 50% of your credit limit or $7,500, whichever is less. This offer is only available at the time of online application.
American Express AIR MILES Gold Business Card
19.99%
22.99%
$0
N/A
N/A
Earn 1 AIR MILE for every $15 spent on eligible purchases at AIR MILES Sponsors, and earn 1 AIR MILE for every $20 spent on eligible purchases elsewhere.
Earn a Welcome Bonus of 150 AIR MILES when you spend at least $1,000 in eligible purchases within the first three months.

Compare up to 4 providers

*The products compared on this page are chosen from a range of offers available to us and are not representative of all the products available in the market. There is no perfect order or perfect ranking system for the products we list on our Site, so we provide you with the functionality to self-select, re-order and compare products. The initial display order is influenced by a range of factors including conversion rates, product costs and commercial arrangements, so please don't interpret the listing order as an endorsement or recommendation from us. We're happy to provide you with the tools you need to make better decisions, but we'd like you to make your own decisions and compare and assess products based on your own preferences, circumstances and needs.

What should I know before I apply?

To apply for the American Express AIR MILES for Business Card, you will need to meet the following criteria:

  • Be at least 18 years old, or the age of majority in your province or territory.
  • Be a Canadian citizen or a permanent resident.
  • Have a valid Canadian credit file.

What credit score do I need?

Having a good to excellent credit score of 650 or higher will give you a better chance of your application being approved. Also having a relatively high annual income or combined household income may be beneficial for approval.

Other factors that might affect your odds of approval include:

  • Few hard inquiries on your credit report. Having several hard pulls listed on your credit history can indicate to lenders that you’re desperate for credit or have trouble managing your current debt. The provider may be less likely to approve your application if this is the case.
  • Factors that tie into your credit score. Your credit utilization ratio can play a major factor in the approval of your application. Customers who have low balances relative to their credit limits are usually preferable to providers.

What do customers say about this credit card?

Customers cite that the American Express AIR MILES for Business Card offers a good Miles to dollar ratio and provides useful benefits for a small business owner, including Air Miles discounts and access to business management solutions.

On the flip side, some negative reviews state that the company has inflexible policies. In addition, cardholders feel that the annual fee is steep, however it is off-set by many of the rewards and perks.

How to apply for the American Express AIR MILES for Business Card

  1. Click Go to site on this page to be directed to the American Express AIR MILES for Business Card page, and click Apply Now Securely.
  2. Complete the application with information including your full name, home address, income and business details.
  3. Review and submit your application.

How long will it take to get my American Express AIR MILES for Business Card?

Pre-approval for an American Express credit card is automated on the website, which means you may get a decision on your application within just 60 seconds. If there are issues with your application, such as missing information, it may take within 10 days to hear back.

Once your application has been approved, you’ll typically receive your card in the mail within 5 to 10 business days.

I got the card. Now what?

  • Pay off your balance each billing cycle.
    Register for an account on the American Express website to pay your balance online and enroll in autopay. Since this card is a charge card, you will need to pay off the balance entirely each billing cycle. If the balance is not paid in full, a 30% APR will apply.
  • Avoid fees.
    Late and returned payments will incur fees, so be sure to pay on time. If you’re enrolled in autopay, be sure to have enough funds in your account to pay off your balance each billing cycle.
  • Contact American Express.
    If you’re not able to find what you need on the American Express Canada website, call 1-800-268-2639 and speak to a customer service representative.

Bottom line

The American Express AIR MILES for Business Card rewards your spending habits with Air Miles, which can be used toward flights, hotels, gifts cards, merchandise and exclusive discounts. However, if you’re unsure if you’ll be able to pay your balance in full each month, a charge card may not be the right form of credit for your small business. If you’d rather use a regular credit card, learn more about credit cards for small businesses in our guide.

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Frequently asked questions about the American Express AIR MILES for Business Card

Pictures: americanexpress.com/ca

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