About American Express Business Edge Card
An American Express Business Edge Card is a credit card for business owners with extensive reward-earning opportunities, welcome offers for new applicants, and free issuance of up to 99 supplementary cards.
American Express Business Edge Card features
An American Express Business Edge Card credit card features a 19.99% interest rate on purchases and 21.99% on funds advances. The annual fee for this card is $99 for the primary cardholder. Plus, you can issue up to 99 no-fee supplementary cards for your employees.
With a welcome offer for new applicants, you will get 45,000 Welcome Bonus points for spending $5,000 in the first three months. In addition to that, you can earn 1,000 Membership Rewards points monthly for spending $3,000 each month. Plus, during the first six months, for every $1 spent on eligible business essentials such as office supplies & electronics, rides & gas, eats & drink, you will earn 10 Membership Rewards points, up to a combined maximum of 10,000 Membership Rewards points earned in the first six months. Once the welcome offer ends, you will continue earning Membership Rewards points for purchases in these categories at a rate of 3 points for every $1, up to a maximum of 75,000 Membership Rewards points earned annually. Once you reach the maximum amount of points earned, you will continue earning Membership Rewards points for purchases in these categories at a base rate of 1 point for every $1.
For purchases in other categories made with your American Express Business EdgeTM Card, you will earn 1 Membership Rewards point for every $1 spent.
Participating in the referral program can bring you an annual referral bonus of 5,000 Membership Rewards points for approved referrals.
The redemption options for your Membership Rewards points include:
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Booking flights, hotels, and car rentals through American Express Travel Services and AirCanada.com
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Making statement credits toward your purchases
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Paying for Amazon.ca purchases
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Buying gift cards and merchandise
As an American Express Business EdgeTM Card cardholder, you will have access to business expense management tools and resources.
Along with reward-earning opportunities, an American Express Business EdgeTM Card gives you access to certain benefits from American Express, including:
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American Express® Experiences providing access to presale and reserved tickets to a variety of events plus various onsite benefits
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Amex Offers providing additional rewards for your everyday purchases
Insurance coverages included in an American Express Business EdgeTM Card are car rental theft and damage insurance, Buyer’s Assurance® Protection Plan, and Purchase Protection® Plan. In addition, this credit card features Employee Card Misuse Protection providing up to $100,000 coverage per Cardmember for situations when employees misuse employee cards issued for them for unauthorized charges.
Pros and cons
Here are the advantages of an American Express Business EdgeTM Card:
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Free issuance of up to 99 supplementary cards
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A variety of reward-earning and redemption opportunities
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The referral program rewarding you for approved referrals
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Benefits from American Express
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24/7 customer service
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Credit card protection capabilities
The disadvantages are:
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A $99 annual fee
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Limits on the maximum referral bonus you can receive for referring a friend
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Few insurance coverages included
How to apply for an American Express Business EdgeTM Card
You can apply for an American Express Business EdgeTM Card. To proceed, click the “Apply Now” button on its description page and fill out an online application form with the following details:
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Your first name
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Your middle name
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Your last name
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Your name on the card
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Your email
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Your date of birth
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Your postal code
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Your phone number
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Your address
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Your personal annual income
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Your social insurance number (optional)
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Your legal business name
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Your business name on the card
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Your industry
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Your role or title
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Years in business
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Number of employees
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Your annual business revenue
Then, create a PIN and specify if you want to receive Online-Only Statements or order supplementary cards.
To complete your application, review your applicant information, agree to the terms and conditions, and click the “SUBMIT” button.