Amazon Business Prime Credit Card Review
Key Takeaways
This card offers limited value compared to alternatives in the market. The benefits simply don't justify applying for this card, especially for those interested in maximizing travel rewards through points and miles strategies. We would rank this near the bottom of our recommended business credit cards for rewards enthusiasts.
Why This Card Could Be Right For You
The Amazon Business Prime Card offers a specialized rewards structure that may benefit certain small business owners, though it's not ideal for those seeking travel rewards. Key features include:
- 5% cash back on Amazon and Whole Foods purchases (up to $120,000 annually)
- Optional 90-day extended payment terms on qualifying Amazon purchases instead of the 5% cash back
- 2% cash back at U.S. restaurants, gas stations, and wireless phone services
- 1% cash back on all other purchases
- $125 Amazon gift card as a sign-up bonus upon approval
- Purchase protection and travel insurance benefits
- QuickBooks integration for automatic expense categorization
When The Usual Advice Doesn't Apply
This card may not be suitable if:
- You prioritize travel redemption opportunities, which this card doesn't offer
- Your small business spending at Amazon or Whole Foods is insufficient to benefit from the card's reward structure
How The Amazon Business Prime Credit Card Fits In The Other Point System Ecosystem
Amazon also offers a personal Prime Rewards card with similar benefits: 5% back on Amazon, Amazon Fresh, Whole Foods, and Chase Travel purchases for Prime members, plus 2% back at gas stations, restaurants, and local transit.
The key differences:
- The personal card allows point redemption for travel through Chase (though these are NOT Chase Ultimate Rewards points)
- The personal card counts toward Chase's 5/24 rule, while the business version doesn't
We recommend considering alternatives to both Amazon cards. The Chase Ink Cash business card offers superior value for Amazon shoppers while also avoiding the 5/24 rule. This card provides 5x points at office supply stores like Staples, where you can purchase Amazon gift cards. With Chase points valued at approximately 1.8¢ each, this strategy yields about 9% back versus Amazon's 5%. Additionally, the Chase Ink currently offers a 75,000-point sign-up bonus, substantially outperforming the $125 Amazon gift card from the business card.
Card Information
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee |
1st Year Value
|
|---|---|---|---|---|---|
| 12,500 | $1 | 0.7 ¢ | $0 | $0 |
$88
|
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Amazon Purchases | 5% back on Amazon & at Whole Foods | No CR , No 2nd Biz , Amex 3/90 , No 5/24 , Amex 1/10 |
Spend Categories
1X points
0.7¢ Per Dollar Spent
5X points
3.5¢ Per Dollar Spent
2X points
1.4¢ Per Dollar Spent
5X points
3.5¢ Per Dollar Spent
2X points
1.4¢ Per Dollar Spent
2X points
1.4¢ Per Dollar Spent
Card Benefits
Using this card gives you secondary car rental insurance coverage up to $50,000 in collision damage and theft per incident.
Lost luggage insurance can be provided up to $1,250 for carry-on Baggage and up to $500 for checked Baggage.
You will pay no foreign transaction fees when you use your card for purchases made outside of the United States
You're covered up to 90 days, up to $10,000 per claim and up to $50,000 per year.
Enjoy up to 1 additional year on the original manufacturer’s warranties of 5 years or less.
Amazon Business Prime Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
You might not be allowed to get a second card for a separate business (EIN)
You'll be declined if you apply for a fourth Amex card in 90 days
Card approval not subject to 5-personal-cards-in-24-months rule
Amex allows only 1 bonus per specific card per lifetime (yours or that version of the card)
