Amazon Business American Express Card review 2021

Amazon has joined the business credit card game with two reward-focused cards, including the standard Amazon Business card.

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Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £50 per annum, your representative rate is 32.6% APR (variable).

Earn 1.5 points

per £1 spent with Amazon

Earn 1 point

per £2 spent elsewhere

£100

Welcome giftcard

32.6%

Representative APR

Details

IssuerAmerican Express
NetworkAmex
Annual/monthly fees£50 per annum (first year waived – limited offer)
Balance transfers21.9%
Balance transfer fee0%
Purchases21.9%
Purchases interest-free periodUp to 56 days
Cash advances27.1%
Min credit limit£500
Max credit limitNot specified
Additional cards available25
IncentiveEarn 1.5% Amazon Rewards on the first £120,000 in purchases each calendar year, 1% thereafter at Amazon.co.uk, Amazon Business UK and Whole Foods Market UK, or 60 day extended payment terms on such purchases. Earn 0.5% Amazon Rewards on all other purchases.
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Review by


Tom Stelzer is a writer for Finder specialising in personal finance, including loans and credit, as well as small business and business loans. He has previously worked as a freelance writer covering entertainment, culture and football for publications like FourFourTwo and Man of Many. He has a Master of Media Arts and Production and Bachelor of Communications in Journalism from the University of Technology Sydney.

Expert review

With two personal reward cards already available, Amazon has extended its credit range with a pair of business credit cards that let you earn bonus reward points on all Amazon purchases.

Both the Amazon Business card and Amazon Business Prime card offer a choice of Amazon reward points (1.5% and 2% respectively) or extended terms on UK Amazon purchases, and have a purchase rate of 21.9% p.a. There’s also a £50 annual fee, which bumps up the representative APR.

Reward point bonuses also only apply to the first £120,000 you spend each calendar year, and then revert to 1% on any further purchases. You’ll also receive a £100 Amazon gift card when you sign up.

Points can also be earned on any other purchases, and can be redeemed towards Amazon purchases, or taken off your monthly card statement.

As expected, you’ll also get the standard benefits offered by American Express, including global 24/7 customer service, emergency card replacement, and complementary additional cards.

Pros and cons

Pros

  • Flexible reward options on purchases
  • Points can be used on Amazon or taken off monthly statement

Cons

  • £50 annual fee
  • Bonus reward points only apply on Amazon purchases

How does it compare with other business cards?

Table: promoted then other popular deals
Name Product Purchases Annual/monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
£200 BONUS
Allstar Plus ‘All-in-one’ Business Credit and Fuel Card
N/A (this product is a charge card).
Year 1 - £0.99 per card per month,
Year 2 onwards - £3.99 per card per month
N/A
N/A (this product is a charge card).
Go to site
Earn an introductory bonus of £200, up to 44 days interest free on purchases (subject to status), savings on fuel at 1,500 Discount Diesel sites plus a 10% saving on vehicle servicing, repair, tyres and car washes at venues nationwide.
Capital on Tap Business Rewards Credit Card
39.41%
£99 p.a.
1 point per £1 spent
39.9% APR (variable)
Go to site
Earn 1 point for every £1 spent. 1 points can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 39.41% (variable) p.a., your representative rate is 39.9% APR (variable).
CASHBACK
Barclaycard Business Select Cashback Credit Card
21.9%
£0
1% cashback
21.9% APR (variable)
Go to site
Earn 1% cashback on eligible spend. T&Cs apply
Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a., your representative rate is 21.9% APR (variable).
£100 GIFTCARD
Amazon Business American Express Card
21.9%
£50 per annum (first year waived – limited offer)
1.5 points per £1 spent with selected partners
1 point per £2 spent elsewhere
32.6% APR (variable)
Go to site
Earn 1.5% Amazon Rewards on the first £120,000 in purchases each calendar year, 1% thereafter at Amazon.co.uk, Amazon Business UK and Whole Foods Market UK, or 60 day extended payment terms on such purchases. Earn 0.5% Amazon Rewards on all other purchases.
Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £50 per annum, your representative rate is 32.6% APR (variable).
American Express Gold Business Card
N/A (this product is a charge card).
Year 1 - £0, Year 2 onwards - £175
1 point per £1 spent
N/A (this product is a charge card).
Go to site
New Cardmember offer: Earn 20,000 Membership Rewards® points when you spend £3,000 in first 3 months of Cardmembership. Earn 1 Membership Rewards® point for every £1 spent thereafter. Earn 10,000 extra Membership Rewards® points when you spend £20,000 per quarter.
Capital on Tap Business Credit Card
39.41%
£0
N/A
39.9% APR (variable)
Go to site
Upgrade to Capital on Tap Business Rewards Card for £99 pa to earn 1 point for every £1 spent. 1 point can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 39.41% (variable) p.a., your representative rate is 39.9% APR (variable).
£100 GIFTCARD
Amazon Business Prime American Express Card
21.9%
Year 1 - £0, Year 2 onwards - £50 per annum
2 points per £1 spent with selected partners
1 point per £2 spent elsewhere
32.6% APR (variable)
Go to site
Earn 2% Amazon Rewards on the first £120,000 in purchases each calendar year, 1% thereafter at Amazon.co.uk, Amazon Business UK and Whole Foods Market UK, or 90 day extended payment terms on such purchases. Earn 0.5% Amazon Rewards on all other purchases.
Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £50 per annum, your representative rate is 32.6% APR (variable).
Barclaycard Business Premium Plus Credit Card
0% for 6 months reverting to 14.9%
£150 per annum
0.5% cashback
49.4% APR (variable)
Go to site
Earn 0.5% cashback on eligible spend with a cap of 400 per year. T&Cs apply
Representative example: When you spend £1,200 at a purchase rate of 14.9% (variable) p.a. with a fee of £150 per annum, your representative rate is 49.4% APR (variable).
Finder Award
OFFER
British Airways American Express Accelerating Business Card
22.2%
£250 per annum
1.5 points per £1 spent
96.7% APR (variable)
Go to site
Limited time offer: Earn 60,000 bonus Avios when you spend £5,000 in your first three months. Earn 1.5 Avios for every eligible £1 spent on card and 2 On Business Points for every £1 spent with BA on eligible flights. 10,000 bonus Avios for every £20,000 spent (max £60,000 pa) per calendar year.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £250 per annum, your representative rate is 96.7% APR (variable).
Barclaycard Select Business Charge Card
Barclaycard Select Business Charge Card
N/A (this product is a charge card).
£42 per annum
N/A
3.6% APR (variable)
Go to site
NatWest Business Credit Card (available to existing business customers)
16.9%
Year 1 - £0, Year 2 onwards - £30 per annum
N/A
24.3% APR (variable)
Go to site
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £30 per annum, your representative rate is 24.3% APR (variable).
Royal Bank of Scotland Business Credit Card (available to existing business customers)
16.9%
Year 1 - £0, Year 2 onwards - £30 per annum
N/A
24.3% APR (variable)
Go to site
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £30 per annum, your representative rate is 24.3% APR (variable).
American Express Platinum Business Card
N/A (this product is a charge card).
£595 p.a.
1 point per £1 spent
N/A (this product is a charge card).
Go to site
New Cardmember offer: Earn 40,000 Membership Rewards® points when you spend £6,000 in first 3 months of Cardmembership. Earn 1 Membership Rewards® point for every £1 spent thereafter.
Metro Bank Business Credit Card Mastercard
14.9%
£0
N/A
14.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 14.9% (variable) p.a., your representative rate is 14.9% APR (variable).
HSBC Commercial Credit Card Visa
15.9%
Year 1 - £0, Year 2 onwards - £32 per annum
N/A
22% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 15.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £32 per annum, your representative rate is 22% APR (variable).
Bank of Scotland Business Credit Card Mastercard
17.57%
£32 per annum
N/A
22.4% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 17.57% (variable) p.a. with a fee of £32 per annum, your representative rate is 22.4% APR (variable).
Clydesdale Bank Business Credit Card
16.9%
Year 1 - £0, Year 2 onwards - £28 per annum
N/A
22.4% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £28 per annum, your representative rate is 22.4% APR (variable).
Lloyds Bank Business Credit Card Mastercard
17.57%
£32 per annum
N/A
22.4% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 17.57% (variable) p.a. with a fee of £32 per annum, your representative rate is 22.4% APR (variable).
Yorkshire Bank Business credit card
16.9%
Year 1 - £0, Year 2 onwards - £28 per annum
N/A
22.4% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £28 per annum, your representative rate is 22.4% APR (variable).
Santander Business Cashback Credit Card Mastercard
18.9%
£30 per annum (per business, not per card)
1% cashback
23.7% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a. with a fee of £30 per annum, your representative rate is 23.7% APR (variable).
NatWest Business Plus Credit Card Mastercard
14.816%
£70 per annum
0.5% cashback
29% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 14.816% (variable) p.a. with a fee of £70 per annum, your representative rate is 29% APR (variable).
Royal Bank of Scotland Business Plus Credit Card Mastercard
14.816%
£70 per annum
0.5% cashback
29% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 14.816% (variable) p.a. with a fee of £70 per annum, your representative rate is 29% APR (variable).
Cashplus Business Credit Card Mastercard
29.94%
£0
N/A
29.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 29.94% (variable) p.a., your representative rate is 29.9% APR (variable).
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Compare up to 4 providers

Approval for any credit card will depend on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

Repayment options

You can make manual repayments through Amazon's app, by logging in to your online banking or over the phone (0800 917 8043). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) or losing any promotional rates as a result.

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply for the Amazon Business American Express Card

You can apply for an Amazon Business Prime credit card online by following these steps:

  1. Sign in to your Amazon account.
  2. Fill in your business and personal details on the application form.
  3. Review and submit your application.
  4. Wait for approval.

You’ll need to have an Amazon Business account to be eligible for the card, so if you don’t have an existing account, you’ll also need to complete the registration process as part of your application.

The verdict

The Amazon Business credit card is a good option for businesses who do quite a bit of spending on Amazon. With a decent purchase rate, and choice of additional reward points or extended payment terms, there’s a lot of flexibility in what you can get out of the card.

You also have the choice of using your reward points to cover Amazon purchases or taken off your monthly card statement, which can be helpful for businesses looking to improve their cash flow.

Frequently asked questions

What credit limit will I get with the Amazon Business American Express Card?

If Amazon is able to offer you this deal, the offer will specify a tailored credit limit based on Amazon's assessment of your situation and your business. The minimum limit offered on this card is £500 and Amazon does not specify a maximum. Once you've had the card for a while and shown Amazon that you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the Amazon Business American Express Card?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) often incur steep fees and/or higher rates of interest.

The cash advance fee on the Amazon Business American Express Card is 3% (min. £3). For example, if you withdraw £50, you'll incur a fee of £3.00. Withdraw £250, and you'll incur a fee of £7.50.

The interest rate on this part of your balance will be 27.1% (chargeable from the day of the transaction – the card's usual "up to 56 days interest-free" grace period won't apply).

How much does it cost to use the Amazon Business American Express Card abroad?

Non-sterling transactions are subject to a 2.99% charge. For example, if you spend 200 euros (£169.18), it'll cost you around £5.06 in fees.

Can I get additional Amazon Business American Express Cards for my team?

Yes, you can request up to 25 more. There's no fee for additional cards. Plus, with additional cards, you could earn rewards at a faster rate.

Finder credit card ratings

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Our experts score business credit and charge cards to determine their value against similar products on the market. We look at a number of important factors, like the flexibility it offers, any rewards you can earn through company spending, account management tools, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

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