Business Green Rewards Card from American Express Review

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Sure, it’s the color of money, but the Business Green Rewards Card from American Express is a pretty lackluster option for small business borrowers. Unless you're eager to carry a green card, look elsewhere for a more rewarding or less expensive alternative.

Business Green Rewards Card from American Express

Overall Rating
Business Green Rewards Card from American Express
Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Regular APR (%) 14.24% - 22.24% variable
Annual Fee $0 first year, then $95
Rewards Earning Rate Earn 2 Membership Rewards points for each dollar you spend on eligible purchases at 1 point per dollar on all other purchases.
Cash Advance Fee This card does not offer cash advances
Ratings Breakdown
for Interest
for Fees
for Rewards
for Credit
Current Offer

Earn 15,000 Membership Rewards points after you spend $3,000 in eligible purchases within the first 3 months of Card Membership.

Who Is This Credit Card Best For?

  • Avatar for Entrepreneur Persona
    Is turning their passion into a money-making venture See more cards
  • Avatar for Deal Seeker Persona
    Diligently searches for the best products and delights in a good bargain See more cards
    Deal Seeker
  • Avatar for Savvy Saver Persona
    Prioritizes sticking to their budget while buying what they want and need See more cards
    Savvy Saver
  • Avatar for Road Warrior Persona
    Hits the road often, whether for work or play See more cards
    Road Warrior

If your small business spends a lot on travel through American Express but not enough to justify a card with a premium annual fee, the Business Green Rewards Card from American Express might catch your eye. It does offer 2 points per $1 if you book travel through the American Express travel portal and the annual fee is a modest $95 (and waived in the first year). 

However, with competing cards like the Chase Ink Business Preferred or the Spark Miles from Capital One (both charge a $95 annual fee), you’ll earn bonus rewards on a much wider variety of purchases from your choice of retailers and travel providers (and in some cases at a higher rate per dollar). And even the Blue Business Plus, another option from American Express, offers more encompassing rewards and doesn’t charge an annual fee. Plus, you’ll likely need excellent credit to get the Business Green Rewards Card, whereas the recommended credit for competitors is just good.

American Express has added its “Pay Over Time" program to this business card (previously the program was “opt-in"). With Pay Over Time cardholders can choose to pay any charge over $100 over several billing cycles, with interest, like a traditional credit card.

  • No limits on point earnings

  • Disappointing rewards and benefits

  • Annual fee

  • Not good for international business travel

Pros Explained

  • No limits on point earnings: If you spend more than $50,000 a year on travel through American Express portal then this card's unlimited earning potential is a nice perk. Some small-business cards limit the rewards you can earn after spending a certain amount. For example, the American Express Blue Business Plus card offers 2 points per $1 until you spend $50,000. You’ll then receive 1 point per $1 for the rest of that year. 

Cons Explained

  • Disappointing rewards and benefits: Similarly-priced business credit cards offer two points per $1 spent on all purchases or triple points on categories like shipping, internet, or advertising. The bonus for new cardholders is also the lowest we’ve seen compared to cards requiring a similar spend and an annual fee. To top it all off, this card doesn’t offer trip cancellation insurance or cell phone protection as some other cards do. 
  • Annual fee: For a card that doesn’t offer much, $95 is a lot. You can earn more points with a card like the Blue Business Plus from American Express and avoid an annual fee altogether.
  • Not good for international business travel: We’d suggest you choose another card if you’ll be traveling abroad. This card charges a 2.7% fee on foreign transactions, which is not typical for business cards with annual fees of $95-$99. This is also a bit challenging for a card that emphasizes travel rewards.  

Depending on what you want to use a business card for, another credit card may offer additional financing, balance transfer, and cash advance options that better fit your needs. For tips on weighing your options, see “How to Choose the Right Business Credit Card.”

Bonus for New Cardholders 

The Business Green Rewards Card from American Express welcome offer is 15,000 Membership Rewards points for spending at least $3,000 within the first three months you have the card. The value of Membership Rewards points varies based on how you use them, but if you were to use them to book flights through the Amex travel portal, the bonus is worth $171. 

This is a really meager offer compared to this card’s competitors. With comparable cards requiring a $3,000 spend, you’ll earn at least $600 in bonus value in points or miles. Ouch. 

Earning Points & Rewards

You’ll only earn 2 Membership Rewards points per $1 spent on eligible travel purchases made through Everything else you charge to your card earns 1 point per $1.

Eligible travel includes airfare, prepaid hotels, flight and hotel packages, and cruise reservations made through But, if you use this website to pay for “ticketing services,” non-prepaid hotels, and—importantly—non-prepaid rental cars, you’ll only earn 1 point per $1.  

While there are no limits on how many points you can earn with this American Express card, these very specific and subpar rewards-earning rates compared to other business cards, even those that don’t charge annual fees. This is not a card you can easily earn points with every day. 

Redeeming Rewards

Although there aren’t many opportunities to earn points with this card, you can at least take comfort in the many options for redeeming your points, which are worth 1.11 cents each, based on our average value calculations. 

The Membership Rewards program is one of the more versatile points programs out there. You can use the points earned with this card to pay for travel or buy gift cards, make purchases directly with online retailers such as Best Buy or Amazon, or redeem them for a credit on your card statement. You can even transfer your points to various airline and hotel frequent traveler programs, usually at a 1-for-1 ratio.

However, not all redemption options are created equal. The most valuable way to use your points is by transferring them to a partner travel program, which includes Delta SkyMiles, British Airways, and Marriott Bonvoy, to name a few. By doing that, you can avail yourself of higher point values. For instance, The Balance values Delta SkyMiles at 1.44 cents each on average. Just note that points must be transferred in 1,000-point increments, with an exception for JetBlue, which you must transfer points to in 250-point increments. 

Transferring points may also incur a fee of 0.06 cent per point, with a maximum fee of $99. For example, if you transfer 10,000 points, your fee would be $6.

Outside of transferring your rewards, you’ll get the most consistent value—1 cent per point—by redeeming points for flights booked on 

In some cases, you may be able to buy gift cards with your points at a 1 cent-per-point value, but often the value is much less, particularly when points are used on Amex gift cards. You’ll get 0.7 cent per point when booking hotels or cruises or using your points to shop at eligible retailers, and 0.6 cent per point if you redeem them to cover your statement charges. At worst, you’ll get a 0.5 cent value when using points for Ticketmaster purchases.

To learn more about how Membership Rewards compare to the value of other travel and credit card rewards programs, see our report on average credit card point values

How to Get the Most Out of This Card

Aside from making sure you spend at least $3,000 within the first three months to earn the welcome offer, there’s not a lot you can do to earn more points. Any additional cards you get for employees can be added at no charge, so make sure they use their cards for all their business travel, too. 

Once you do have a pile of points accumulated, stretch their value as far as possible by transferring them to a partner airline or hotel loyalty program. Redeeming them for flights or flight upgrades on, or using them to buy certain gift cards, are also good options. Just make sure your points are worth at least 1 cent each before using them. 

Avoid using the “Pay with Points” program, which allows you to pay with points directly on a retailer website (such as Amazon or Best Buy. Your points are usually worth 30% less when redeemed that way. 

Business Green Rewards Card’s Excellent Perks

The Balance has examined the most commonly offered credit card perks and narrowed down the ones with the most value. Only one on our list is offered with this card:

  • Insurance coverage for lost, stolen, or damaged baggage: If you used your card to pay for a ticket on a plane, train, or another common carrier, you could be reimbursed up to $1,250 (for carry-on baggage) or $500 (for checked baggage). 

Business Green Rewards Card’s Other Features

  • Rental car collision insurance (secondary to your own policy)
  • Insurance for stolen or damaged purchases
  • Extended warranties
  • Travel and emergency hotline

Customer Experience

American Express is ranked first in customer satisfaction among 11 credit card issuers, in the 2020 J.D. Power U.S. Credit Card Satisfaction Study.

If you’re logged into your online account, you can chat with the company live, or you can call in 24/7. Like many credit card companies, American Express also offers its own credit score monitoring service that provides you with a fresh VantageScore update every week, although this is also available to non-Amex customers. 

In addition, American Express has a number of convenient online features for business owners. The American Express Business app gives you a centralized place for you and your employees to upload and categorize receipts, and you can even set reminders to upload receipts for purchases that exceed certain amounts. Plus, you can designate a business partner as an account manager, get year-end transaction summaries, and set account alerts to monitor employee spending.

Security Features

American Express uses standard security features for your safety. 

Fees to Watch Out For

This card’s annual fee is relatively high, given what you get from the card, and it has a 2.7% foreign transaction fee. The late-payment fee is $39 or 2.99% of the pay in full amount, whichever is more—and that can be steep. For example, if you owe on a $2,000 balance, you’ll pay an additional $59.80 in late fees. If you have a bad month and high expenses, that could add up fast.

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Business Green Rewards Card from American Express
overall rating
Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Regular APR (%) 14.24% - 22.24% variable
Annual Fee $0 first year, then $95
Rewards Earning Rate Earn 2 Membership Rewards points for each dollar you spend on eligible purchases at 1 point per dollar on all other purchases.
Our Methodology
At The Balance, we are dedicated to giving you unbiased, comprehensive credit card reviews. To do this, we collect data on hundreds of cards and score more than 55 features that affect your finances.
  • Our Reviews Are Always Impartial: No one can influence which cards we review, the way we present them to you, or the ratings they receive. The scores and reviews come directly from the data we collect and our editorial expertise, and we focus on three areas:
  • How Much Does It Cost? With credit card debt at an all-time high, we believe you should know the cost of carrying a balance. Because of that, we give regular purchase APRs significant weight in overall scores, and cards receive low marks if they have an array of pricey fees.
  • What Are the Rewards Worth? Cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely. To simplify the problem, we built a system that fairly compares rewards and gives them a dollar value. We do this by looking at the ways you can earn and use rewards, which includes evaluating Americans’ typical spending habits and analyzing common travel patterns.
  • Does It Make Your Life Easier? Our scoring system favors cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting customer service. Finally, we give preference to credit cards that have several tools for dealing with fraudulent charges.
  • For every review on The Balance, we hold the credit cards to these standards, and we set the bar high. While we recognize the appeal of splashy features like six-digit sign-up bonuses, our approach ensures that credit cards with the best combination of value, affordability, and accessibility receive the highest scores. See our full methodology for more details.

Article Sources

The Balance requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy .
  1. J.D. Power. "Customers Losing Faith in Credit Card Issuers as COVID-19 Pandemic Lingers, J.D. Power Finds." Accessed February 23, 2021.