This American Express business credit card reviewed in this article is known as the Business Gold Rewards Card. It is a charge scheme card, as opposed to a typical credit card that allows you to pay over time. Still as card holders are extended credit with it’s use until the next billing cycle, it is a credit card; albeit not in the usual sense. This credit card is made for business owners with decent credit who aim to pay their related business expenses in full at the end of each and every month. As a holder of this American Express business credit card you also get participation in the cards membership rewards scheme at no additional cost to you.
It is important to note that this American Express business does not offer the option to pay balances over time. A side benefit to this is that it could help put the breaks on needless spending for many business as it is important to control one’s spending with this business credit card as opposed to one that allows you to pay over time. Still, if you are making a large purchase and wish to pay over time with the American express business credit card, there is a 1-800 number you can call to discuss options that are available. Tracking your card spending with the Expense Management Reports service is a snap. The service gives you quick access to data as it also helps you to manage the spending of additional cardholders, such as employees. These reports can easily be downloaded into Quickbooks or other renown commercial and personal finance software applications. You can even set up account alerts with your American Express business credit card so that you can be notified via email, cell, pager or PDA!
The American Express rewards program is one of the most flexible reward programs in the card market as there is a wide selection of rewardable goods and services that can be had with award points received. It is also good to note that there are no maximum number of points you can accumulate and use with this American Express business credit card.
Along with the other many features of this American Express business credit card is the online fraud protection guarantee that allows you to shop online with the utmost confidence and security. Simply put, if you use the card to pay for purchases online that turn out to be fraudulent, you will not be held responsible. The American Express website clearly states there is no fine print or deductible at all, even the first 50 dollars as is the case with the credit cards of many other issuers.
Holders of this American Express business credit card get 1 point for every dollar spent in purchases and can get additional reward points via participating merchants. With the first use of this American Express business credit card one also receives 5,000 bonus points after their first initial purchase. Card holders of this business credit card also receive 5,000 bonus points for reaching $20,000 in spending, 20,000 more bonus points for reaching $50,000 in spending, and even another 10,000 bonus points upon the one-year renewal of the business credit card. According to CardOffers.com, “With a spending average of just $5,000 per month, cardholders can potentially earn up to 100,000 points or more in the first year alone.”. The American Express site claims that 100,000 points is enough for 4 domestic airline tickets!
There is an annual fee of $125 for the primary card holder for this business credit card and a $45 fee for each extra cardholder; however, the fee(s) for the primary cardholder and for added cardholders will be waived for the 1st year. Also it is important to note that you can get additional “Green” American Express credit cards at no additional cost.
Via the American Express OPEN Savings program, card holders can get discounts on products and services from participating merchants like FedEx, AT&T, Hertz, and more. It is important to review the disclosures, terms, and conditions for participating merchant discounts, as restrictions and limitations do apply at times.
With this American Express business credit card disputes are resolved without the paperwork hassles usually involved. If there’s ever a charge on your statement that don’t look right or you feel is wrong, all you have to do is call a member of the small business team at American Express and tell them about the issue. According to the American Express website they will take the charge off your bill and try to help resolve the situation as quickly as possible.
As with all business credit cards issued by American Express, cardholders can enjoy various services and benefits like purchase protection, auto rental insurance, up to $100,000 in travel accident insurance, emergency assistance, and travel related services as well.
If you are a business owner who intends to pay your balance in full each month and are looking for a recognized card that is widely accepted, then the American Express Business Gold Rewards Card might be the card for you.
Please not that at the time this article was written the features, terms, and condition of this business credit card offer was accurate to the best of our knowledge. If you decide to apply for this credit card please be certain to check the most recent terms and conditions as changes might have of occurred.