American Express Business Green Rewards Card Review

Disclosure: We are committed to recommending the best products for our readers. We may receive compensation when you click on links to products, but this never affects our reviews or recommendations .

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 married to having a traditional charge 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 (%) N/A
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 but not enough to justify a card with a premium annual fee, the Amex Business Green Rewards Card might have caught your eye. It does pay 2 points per $1 on eligible travel expenses 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 Cash from Capital One, you’ll earn bonus rewards on a much wider variety of purchases (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 charges no 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.

About the only reason we can think of to choose the Amex Business Green Rewards Card is if you want a charge card instead of a credit card. American Express is one of the only major U.S. issuers of charge cards, and the Green Rewards Card has the lowest annual fee of the business charge cards available from Amex. 

Charge cards can be handy for two reasons: Unlike a credit card, they don’t have a set credit limit and they typically require you to pay your balance in full each month, helping you to steer clear of finance charges. (Although you may be given the option to enroll in the Pay Over Time feature with this card, it’s not always available and it’s only for select purchases. ) 

  • Charge card discipline and buying power

  • Disappointing rewards and benefits

  • Annual fee

  • Poor welcome offer

  • Not good to international business travel

Pros Explained

  • Charge card discipline and buying power: If your business has struggled with credit card debt in the past, a charge card may be a good option to avoid that trap in the future. Or, if your company is in growth mode, you may want to avoid a predetermined credit limit. Amex will adjust your buying power based on how you use your card, your payment history, and other factors.  

Cons Explained

  • Disappointing rewards and benefits: You won’t earn as many points and you won’t get as many benefits as with other similarly-priced business credit cards. Other cards offer two points per $1 spent on all purchases or triple points on categories like shipping, Internet, or advertising. Plus, 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.
  • Poor welcome offer: The bonus for new cardholders is pretty unimpressive and does little to make up for other shortcomings. Perhaps the one silver lining is you don’t have to spend a ton to earn it. (More on this below.)
  • Not good for international business travel: We’d suggest you choose another card if you’ll be traveling abroad. This card not only charges a 2.7% fee on foreign transactions, but American Express cards aren’t as widely accepted abroad as they are in the U.S. 

If you’re not wedded to a charge card, there are plenty of alternatives to consider. For tips on weighing your options, see “How to Choose the Right Business Credit Card.”

Bonus for New Cardholders 

One of the few perks of the Amex Business Green Rewards Card is a welcome offer of 15,000 Membership Rewards points if you spend at least $3,000 within the first three months you have the card. The value of Membership Rewards points varies, but if you were to use them to book flights through the Amex travel portal, that’s $150 worth of points. 

This is a really meager offer compared to this card’s competitors. With other cards, you could earn a $500 cash bonus or points worth $1,250 toward travel, if you spend enough. The one plus of this card is that the spending requirement is smaller, so you’re less likely to miss out if you don’t have a big overhead budget; you’ll earn the bonus if you spend an average of $1,000 a month for the first three months.

Earning Points & Rewards

You’ll only earn extra points—2 points per $1 spent—on eligible travel purchases, and they must be 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—rental cars, you’ll only earn 1 point per $1.

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. The Membership Rewards program is one of the more versatile points programs out there. You can use your points to pay for travel or buy gift cards, you can use them right at the checkout of retailers such as Best Buy or Amazon, or you can 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. 

The catch, however, is that not all redemption options are created equal. Outside of transferring opportunities, you’ll get the most consistent value—1 cent per point—by redeeming points for flights booked on

Some gift card brands also offer that value, but others are worth less. You’ll get 0.7 cent per point when booking hotels or cruises or shopping at eligible retailers and 0.6 cent per point if you redeem points to cover your statement charges. At worst, you’ll get a 0.5 cent value when using points for things like Ticketmaster purchases.

Transferring Points

One of the standout features of the Membership Rewards program is the option to transfer your points to other rewards programs one for one, in most cases. You can transfer your points to almost all American Express airline and hotel partners, including Delta SkyMiles, British Airways and Marriott Bonvoy, and get at least as many points with the partner. By doing that, you can avail yourself of higher point values, in many cases. In fact, our research values Membership Rewards points at 1.20 cents each, on average, when factoring in the value of rewards offered by domestic travel partners.

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, you can stretch them as far as possible by being judicious about how you redeem them. Your points are worth the most when you redeem them for flights or flight upgrades on, or to buy certain gift cards. 

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 other 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 earns consistently high marks with customers. In a J.D. Power 2019 survey of credit card satisfaction, the company came in second place, ranking well on all fronts, including the ease of reaching customer service. 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. 

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. 

Business Green Rewards Card’s Fees 

The annual fee is relatively high, given what you get from the card, and there is a 2.7% foreign transaction fee. Since it’s a charge card, you won’t owe any interest unless American Express offers you the Pay Over Time feature. If it does, the interest rate may be slightly higher than what some comparable cards offer. 

Next Steps
For Business Green Rewards Card from American Express
Compare This Card
See how this card stacks up to the competition
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 (%) N/A
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. American Express."Understanding the Differences Between Charge and Credit Cards." Accessed March 31, 2020.

  2. American Express. "Business Green Rewards Card from American Express." Accessed March 31, 2020.

  3. American Express. "Membership Rewards Calculator." Accessed March 31, 2020.

  4. American Express. "Transfer Points to a Loyalty Program." Accessed March 31, 2020.

  5. J.D. Power. "Credit Card Satisfaction Study (National) (2019)." Accessed March 31, 2020.

  6. American Express. "Important Information Regarding Rates, Fees and Other Cost Information." Accessed March 31, 2020.