Business Green Rewards Card from American Express Review: Get Rewarded for Business Travel [2020]

The Business Green Rewards Card from American Express offers a low-cost option for small business owners who want travel rewards and benefits.
Last updated Oct 8, 2020 | By Ben Walker

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For small business owners, using an American Express business credit card can make a lot of sense. American Express credit cards are known for their excellent benefits and earning potential, which is why they’re often among the best cards available if you compare credit cards from different issuers.

With the right Amex business card, it’s easy to earn useful rewards on everyday business expenses. In this Business Green Rewards Card from American Express review, you’ll learn who should get this card, what benefits and drawbacks it has, and how to earn and redeem your rewards. This will help you know whether the Business Green Rewards Card from American Express should be the next addition to your wallet.

Business Green Rewards Card from American Express

Business Green Rewards Card from American Express

Business Green Rewards Card from American Express

Benefits

  • Up to 2X Membership Rewards per dollar on spending
  • Travel protections, including rental car and baggage insurance
  • Free employee cards
  • Terms apply

Drawbacks

  • Annual fee after first year

In this Amex Business Green Rewards Card review:

Who should get the Business Green Rewards Card from American Express?

To start, the Business Green Rewards Card from American Express is meant for small business owners. If you don’t run a business, it would make more sense for you to look into a personal credit card.

With a business card, it’s easy to separate your business expenses from your personal expenses. This helps out a lot when you’re tracking your business costs and getting your taxes ready.

Additionally, the Business Green Rewards Card from American Express offers a decent earning rate with travel rewards and helpful benefits. These benefits include rental car insurance, lost baggage coverage, purchase protection, and extended warranty coverage. If you often travel for business, this card can help you travel more while paying less out of pocket, and the benefits are an added bonus.

Card basics

Card type Business
Credit card issuer American Express
Annual fee $95 (waived first year)
Intro bonus Earn 15,000 Membership Rewards points after you spend $3,000 within your first 3 months
Reward rate 2X per dollar on eligible purchases at Amextravel.com, and 1X for all other eligible purchases
Recommended credit score Excellent
Foreign transaction fee 2.7%

Business Green Rewards Card from American Express benefits and perks

  • Generous welcome offer: Earn 15,000 Membership Rewards points after you spend $3,000 within your first 3 months of account opening.
  • Valuable rewards: Earn points at a rate of 2X per dollar on eligible purchases at Amextravel.com, and 1X for all other eligible purchases.
  • Card coverages: Receive complimentary car rental loss and damage insurance, a baggage insurance plan, extended warranty coverage, and purchase protection.
  • Business tools: Receive complimentary business tools, like free employee cards, the American Express Business App, account alerts, online statements, and Vendor Pay by Bill.com.
  • Amex Offers: Receive free periodic offers for discounts on shopping, dining, traveling, and entertainment purchases.

Drawbacks to the Business Green Rewards Card from American Express

  • Low earning potential: Most of your purchases earn points at a 1X rate, which is typically the lowest rewards rate available on credit cards.
  • Foreign transaction fee: Although this card may have travel benefits and earn travel rewards, it’s not good for making purchases while traveling abroad. The 2.7% foreign transaction fee can really add up if you make a lot of international purchases.
  • No premium benefits: As a beginner business travel credit card, the Business Green Rewards Card from American Express doesn’t come with any premium benefits. So you miss out on benefits like Priority Pass airport lounge access and TSA PreCheck or Global Entry fee reimbursement.

Earning and redeeming Membership Rewards points

Potential earnings in years one and two

Here's a look at how your points can add up with the Business Green Rewards Card from American Express. To calculate these values, we used a point valuation of 1 cent.

Remember, this is an estimation. The actual value will be determined by how much you spend and in which categories you spend.

Year one earnings: $485

Year two earnings: $240

These values are based on the FinanceBuzz Credit Card Rewards Valuation Model, which looks at points earned via spending, the welcome offer, and the annual fee.

Best ways to earn

The best way to earn rewards with the Business Green Rewards Card from American Express is by making purchases that fall within the bonus categories. For this card, you earn 2X Amex Membership Rewards points on Amextravel.com purchases while all other eligible purchases only earn 1X points.

Categories Rewards rate
Amextravel.com 2X
All other eligible purchases 1X

Maximizing your redemptions

The Business Green Rewards Card from American Express offers flexible redemption options, as you earn Amex Membership Rewards points on every purchase. You’ll typically get the most value from your points when you redeem them for travel, but you still have other options if you need them.

These are your redemption options with this card:

  • Travel: Redeem points for flights, hotels, cruises, vacations, and more through American Express Travel.
  • Transfer partners: Transfer points to partners like Hilton Honors, Marriott Bonvoy, or JetBlue.
  • Gift cards: Redeem points for gift cards from popular companies and retailers like Hotels.com, Apple iTunes, Nike, and more.
  • Pay at checkout: Pay with your points at checkout at online retailers and companies like Amazon, Best Buy, Grubhub, PayPal, and Staples.
  • Cover charges: Use your points to cover eligible charges to your card. These charges could include retail, dining, entertainment, or other purchases.

Each of these options offers varying redemption rates for your points so you won’t always get the same value from each redemption. In general, your points will go further when you use them to book flights through Amex Travel or when you transfer them to partner companies. For example, 10,000 Membership Rewards points are worth $100 toward a flight, but only $60 toward covering a charge on your card and only $70 for shopping on Amazon.com.

Business Green Rewards Card from American Express transfer partners

American Express partners with other companies, including airlines and hotel brands, to offer Amex cardholders more redemption options for their Membership Rewards points. Once you connect the applicable partner loyalty program to your Membership Rewards account, you can transfer your points over.

Amex transfer partners include these airlines:

  • Aer Lingus
  • Aeromexico
  • Air Canada
  • Air France KLM
  • Alitalia
  • All Nippon Airways
  • Avianca Airlines
  • British Airways
  • Cathay Pacific
  • Delta Air Lines
  • El Al Israel Airlines
  • Emirates
  • Etihad Airways
  • Hawaiian Airlines
  • Iberia Plus
  • JetBlue Airways
  • Qantas
  • Singapore Airlines
  • Virgin Atlantic Airways

These hotels are also Amex transfer partners:

  • Choice Hotels
  • Hilton
  • Marriott

Business Green Rewards Card from American Express Review FAQs

Is the Amex Business Green Rewards Card worth it?

The Amex Business Green Rewards Card is worth it if you want a beginner travel credit card to use on business expenses. The low $95 (waived first year) annual fee isn’t too steep of a cost to earn lucrative Amex Membership Rewards points. You’ll also get great benefits like car rental insurance, purchase protection, and extended warranty coverage.

What credit score do you need for the Amex Business Green Rewards Card?

You likely need an excellent credit score to qualify for the Amex Business Green Rewards Card. Excellent credit typically starts around 800 and is the highest achievable credit score.

What’s the difference between the American Express Green and Gold cards?

The American Express Business Green Card is a beginner travel card, whereas the American Express Business Gold Card is a mid-tier travel card. The Amex Business Green has a lower $95 (waived first year) annual fee, but the Amex Business Gold has a lot higher earning potential and much better benefits.

What is the credit limit for the Amex Business Green Rewards Card?

The Amex Business Green Rewards Card has no preset spending limit. This doesn’t mean you have unlimited purchasing power, but it does mean your spending limit will adjust with the use of your card, your credit history, and other factors.

How much are 25,000 Amex Membership Rewards worth?

The value of your Amex Membership Rewards points depends on what you’re redeeming them for. Typically one of the best redemption rates for your Amex points is getting 1 cent per point, which is what redemptions for flights through Amex Travel are worth. So with 25,000 points, you’d have $250 (25,000 x 0.01 = 250) worth of flights through Amex Travel.

However, if you used your points to shop on Amazon, they’d only be worth 0.7 cents per point. So 25,000 points would be worth $140 (25,000 x 0.007 = 140) for shopping on Amazon.

Other cards to consider

The Business Green Rewards Card from American Express is a good option if you’re new to business travel cards and need something low-cost and easy. For other options, consider the Blue Business Plus Credit Card from American Express and the Chase Ink Business Preferred.

The Blue Business Plus Credit Card from American Express offers 2X Membership Rewards points on business purchases up to $50,000 each year, and 1X points on purchases after that. This higher earning rate makes it slightly easier to earn rewards on every purchase.

With the Chase Ink Business Preferred, you earn 5X points on Lyft rides; 3X points on the first $150,000 spent each year on travel, shipping, internet, cable, or phone services, and advertising purchases with social media and search engines; and 1X points per $1 on everything else. This card has plenty of ways to earn points and also comes with an excellent bonus offer of 100,000 points after spending $15,000 in the first 3 months.

Business Green Rewards Card from American Express

Business Green Rewards Card from American Express

Business Green Rewards Card from American Express

Special Offer

Earn 15,000 Membership Rewards points after you spend $3,000 within your first 3 months

See how these cards compare:

The Blue Business Plus Credit Card from American Express
The Blue Business Plus Credit Card from American Express
  • Up to $300 in statement credits at Dell Technologies, DocuSign, and FedEx
  • 0% intro APR on purchases
  • 2X Membership Rewards Points on first $50,000 each year
  • Global Assist hotline
  • No annual fee
  • Terms apply
Chase Ink Business Preferred Credit Card
Chase Ink Business Preferred Credit Card
  • 100,000 point sign-up bonus
  • 3X points on travel and common business spending categories
  • Flexible redemption options
  • Additional employee cards at no extra cost