Amazon Business Prime American Express Card

Rewards by category

Our take

This card only makes sense for one spend shape: a business that routes serious money through Amazon. Prime members earn 5% back at Amazon.com, Amazon Business, Amazon Web Services, and Whole Foods Market, paid as straightforward cash back with no annual fee. If your company's supplies, cloud bill, and even grocery runs already flow through those checkouts, the rewards concentrate exactly where you spend.

The fine print is real. The 5% requires an eligible Amazon Prime membership, applies at U.S. merchants only, and is capped at $120,000 in combined purchases per calendar year across Amazon, Whole Foods Market, and AWS; after that it drops to 1%. Everything outside those merchants earns the 1% base rate, so this is a specialist card, not an everyday one.

New applications are closed, and the account is scheduled to convert to a U.S. Bank Visa, so the real question is keep versus cancel, not whether to apply. With no annual fee and no foreign transaction fees, holding it costs nothing. In a small wallet, pair it with a flat-rate card for everything outside Amazon, since the 1% base is a weak floor for general spending.

Store bonuses

• Amazon5%
• Whole Foods Market5%
• Amazon Web Services5%

Common questions

Does Amazon Business Prime American Express Card have an annual fee?

No — Amazon Business Prime American Express Card has no annual fee.

What rewards does Amazon Business Prime American Express Card earn on everything else?

1% on all other purchases, in Cash Back.

Should I keep the Amazon Business Prime American Express Card if I already have it?

Keeping it costs nothing, since there is no annual fee and no foreign transaction fees. New applications are closed, so if you cancel you cannot simply apply again later. If your business still puts Prime-eligible spending through Amazon, Whole Foods Market, or AWS, the 5% keeps working; otherwise wait and see what the U.S. Bank Visa conversion brings before deciding.

How does the $120,000 cap on the 5% back work?

The cap is combined, not per merchant: Amazon.com and Amazon Business, Whole Foods Market, and Amazon Web Services all draw from the same $120,000 in purchases per calendar year. Once combined spending passes that line, the rate drops to 1%. Heavy AWS bills can burn through it quickly, so track combined totals if your cloud spend is large.