Searching for a credit card that supercharges your Amazon purchases and fuels your business with valuable rewards and streamlined operations? Look no further than the American Express Amazon Prime Business Credit Card – a perfect credit card for small businesses who purchase frequently on Amazon and prioritize efficiency. Let's take a look at its key features, perks and benefits.

Who Is It Best For?

The Amazon Business Prime American Express Credit Card works best for businesses that use Amazon for a lot of purchases like office supplies, software, and groceries. It’s even better for Amazon Prime members as you not only get great prices on business supplies and exclusive benefits, but you also get the annual fee waived off. Read on below to learn more about the rewards, perks and benefits.

Annual Fee and Costs

The Annual Fee for this card is $0! But remember, an Amazon Prime or Business Prime membership is required to avail it.

Recommended Credit Score

670-850 (Excellent/Good)

Welcome Offer and Statement Credits

Get a $125 Amazon gift card right after approval.

Earning Rewards

Here are a few rewards that come with the Amazon Prime Business Credit Card:

• You get 5% back on your U.S. purchases at Amazon Business, Amazon Web Services, Amazon.com, and Whole Foods Market. This drops to 1% once you pass $120,000 of purchases in the calendar year.
• You also can choose a 90-day interest-free period on those same purchases. This is great for businesses looking for some breathing room.
• 2% back at U.S. restaurants, U.S. gas stations, and wireless telephone services purchased directly from U.S. service providers. 
• 1% back on all other purchases.

Please note, rewards come in points, with 100 points equaling $1.

Card Benefits and Perks

Here's what else the Amazon Business Prime Amex Credit Card throws into the mix:

• Effortless Expense Tracking: You can now manage your purchases with intuitive tools on the Amex business app (available on both iOS and Android).
• Exclusive Discounts: Get access to business-only pricing on millions of products on Amazon.
• Employee Spending Control: Keep an eye on your team's expenses with multi-user accounts, shared payment methods, approval workflows, and spending limits. 
• Business-Focused Perks: Enjoy purchase protection, extended warranty, travel insurance, and more!

Why Should You Get the Amazon Prime Amex Business Credit Card?

• Maximize your rewards and get access to discounted business-only pricing on everyday business purchases at Amazon and its services. 
• Choose between collecting rewards or enjoying a grace period of upto 90 interest-free days for larger purchases. Adapt the card to your financial needs. 
• Simplify managing expenses with built-in tracking tools and employee controls. Gain access to purchase insights item by item in an easily downloadable file.

But that’s not all…

You can now directly issue virtual cards on demand linked to your existing American Express credit line! Here’s how.

Fyle + Amex For Smarter Spending

Ditch the paper receipt chase and endless data entry! Fyle seamlessly integrates with your American Express Business Cards, making it easy to collect receipts, intelligently matching them to transactions, and coding expenses in a flash. No more waiting for delayed statements or struggling with broken bank feeds. This powerful duo streamlines your expense management, saving you valuable time and boosting accuracy. Focus on what matters most - running your business - while Fyle and Amex handle the rest.

Issue Unlimited Virtual Cards

Ditch those clunky plastic cards and step into the future of expense management with Fyle's innovative virtual cards, seamlessly integrated with your American Express Business Cards. Craft purpose-built cards for specific needs – vendor payments, budget control, software subscriptions, even employee travel – all within minutes.

Customize each card with spending limits and expiry dates for effortless budget control and minimized fraud risk. Plus, Fyle issues these American Express virtual cards from your existing Amex credit line, saving you the hassle of additional approvals. It's a win-win – unmatched control, simplified management, and zero time wasted.

Make The Receipts Come To You

Forget the endless cycle of chasing paper receipts and manual data entry! With Fyle, employees can simply text their receipts. Our intelligent system automatically matches them to transactions, eliminating manual efforts and saving everyone precious time.

For accountants, it's a game-changer. No more chasing down missing receipts or relying on endless communications. Fyle streamlines the entire process, ensuring complete and accurate records with minimal effort.

Instant and Automatic Reconciliations

Your employees can snap a picture of their receipts and submit it, and Fyle's intelligent system matches them to transactions, reconciles expenses instantly, and even accurately codes them according to your accounting software's GL. Say goodbye to errors, delays, and manual work. 

Easy Expense Tracking

With updated and informative dashboards, you can track employee spending, look for trends, make informed decisions, and manage your budget efficiently.

No Room For Fraud

Single use virtual cards and real-time alerts prevent fraud and keep your finances safe. Your physical card number is also kept hidden for added security.

FAQs

How Does Fyle’s Integration With Amex Business Credit Cards Work?

Fyle offers a seamless integration with Amex, allowing you to create virtual cards on your existing credit line.

What Is A Virtual Card?

A virtual card is a unique 16-digit credit card number that is generated in a digital format. It is associated with the account holder's line of credit, similar to a physical card, but without the actual "card". 

You can use this virtual card number to make online purchases instead of using your physical credit card. The transaction will show up on your account statement just like it would if you had used your physical credit card for the purchase.

How Many Virtual Cards Can Be Created On A Basic Amex Business Credit Card?

There are no limits to the number of virtual cards that can be issued against the original card.

Are Virtual Cards Secure For Transactions?

When Amex virtual cards are used for a purchase, the merchant is not provided with the physical card details. This helps to increase the security of the card and reduces the risk of fraudulent activities or theft. In case of a data breach, this provides a higher level of protection.

Do I Still Get Reward Points On Virtual Card Spend?

The user of the virtual card does not receive any rewards or cash back directly from the virtual card. However, all the benefits of the enrolled funding card program with Amex, such as rewards, rebates, and cashback, are earned for all transactions made using the virtual card.

Conclusion:

Elevate your Amazon Prime American Express Business Credit Card experience with Fyle! Forget manual receipt hassles – snap a picture and Fyle instantly captures them. Reconciliations become automated, freeing you from tedious tasks. Real-time spending insights offer instant financial clarity, while advanced security safeguards your data. 

Sign up for a demo today to see how Fyle can improve your Amazon Prime Credit Card For Business!