Amex Business Green Credit Card Review
Key Takeaways
There are not many compelling reasons to apply for the American Express Business Green Credit Card. The sign-up bonus is only 15,000 points after spending $3,000 in the first three months. Although it can help you earn American Express points without affecting your 5/24 status, the card still carries a $95 annual fee and offers few other benefits aside from earning 2x points on flights and prepaid hotels through the American Express portal.
Why This Card Could Be Right For You
The sign-up bonus is 15,000 points for $3,000 in purchases within the first three months. This can be an easy way to collect some Membership Rewards points without affecting your 5/24 status, though 15,000 points will not stretch very far.
Cardmembers earn:
- 2X points on flights and prepaid hotels booked through the American Express portal
- 1X points on all other purchases
You can add additional employee expense cards to your account, and their points will credit to the main cardmember’s account. Additionally, the card provides basic travel insurance coverage when you use it for travel expenses, including car rental loss and damage insurance and baggage insurance.
When The Usual Advice Doesn't Apply
This card may not be a good fit for you if:
- You want a higher welcome offer or more benefits, even if it means paying a higher annual fee.
What to Know About Amex Member Rewards
Amex points are great in theory. We just find them harder to collect and more expensive to hold than Chase points.
- If you’re in the points game long enough, you’ll dabble in both main systems (Chase & Amex).
- Amex has a one card bonus per lifetime rule, so ultimately, there will be more of a limit to how many you can collect via sign-up bonuses.
- You’ll need to keep a “fee” card to hold your points.
- Delta and Hilton are solid transfer values and having Amex points gives you top-off flexibility if you are invested in either of those systems.
- We do find Amex travel a higher quality of service over the Chase travel portal.
How The Amex Business Green Credit Card Fits In The Amex Member Rewards Ecosystem
If you are concerned about your 5/24 status and need a business card, remember that some American Express products offer more overall value than the Business Green. For example, the Business Gold and Business Platinum cards feature:
- Significantly higher sign-up bonuses (70,000 and 50,000 points, respectively)
- More valuable benefits and statement credits
- Annual fees of $375 for the Business Gold and $695 for the Business Platinum
These benefits and credits may help offset the higher fees associated with each card.
You can also consider other American Express business cards, but they generally offer limited value:
- Blue Business Cash: Provides a $250 statement credit as a welcome offer, and it charges no annual fee.
- Blue Business Plus: Offers the same 15,000-point sign-up bonus as the Business Green and also does not have an annual fee.
Both cards lack substantial perks and provide minimal value beyond their initial bonuses. Consequently, the return on your spending may be too small to justify signing up for either of them.
Card Information
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee |
1st Year Value
|
|---|---|---|---|---|---|
| 15,000 | $3,000 | 1.4 ¢ | $0 | $95 |
$157
|
Spend Categories
2X points
2.8¢ Per Dollar Spent
1X points
1.4¢ Per Dollar Spent
2X points
2.8¢ 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 up to $3,000 per person and trip delay protection up to $300.
A complimentary 24-hour dispatch hotline that can send a tow operator or locksmith to assist in an emergency situation. Cardholder will be charged for any services or goods provided.
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.
Point Transfer Options
Transfer To Spouse/Partner No
Transfer To Friends No
Travel Partner Transfers
Amex Member Rewards Outside Point System
Transfers Out To
1:1 100% value retained
1:1 100% value retained
1:1 71% value retained
1:1 71% value retained
1:1 86% value retained
1:1 86% value retained
1:1 86% value retained
1:1 86% value retained
1:2 86% value retained
1:0.8 69% value retained
1:1 50% value retained
1:1 86% value retained
1:1 93% value retained
1:1 100% value retained
Amex Business Green Application Rules
This business card will not show on your personal credit report, so it won't count against your 5/24 status
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)
