Are you looking for the best Amex business credit cards in Canada?
It is not new that physical money has lost space in our wallets, often being replaced by credit cards. In the case of companies, however, the adoption of business credit cards is still not as common as that of individual cards. But an increasing number of entrepreneurs are beginning to realize the benefits of this payment method.
Business credit cards are important for everyone, whether you are self-employed, run your own business, or work from home.
Therefore, here are some of the best business credit cards from American express available in Canada. Check them out!
1. Business Platinum Card from American Express
Key card features
- $499 Annual Fee
- Up to 100,000 Membership Rewards points
- Exciting travel rewards
This American Express card offers an amazing selection of perks and rewards.
For every $1 spent, cardholders can earn up to 1.25 Membership Rewards points.
Also, the card offers comprehensive travel insurance, including:
- Theft and damage to rental cars
- Misdirected baggage and flight delay insurance
- Medical insurance (outside of the country or province),
- Lost or Stolen Baggage
- $500,000 Travel Accident
- Hotel or motel burglary
- Purchase and Buyer’s Assurance Protection Plan
In addition to premium hotel benefits, the card also offers unlimited free access to airport lounges. This is one of the most desired perks for those who spend many hours at airports.
As a final bonus, the Business Platinum Card from American Express includes various cash flow management tools to make it easier to manage your cash flow. For example, you will have access to quarterly and annual paperless expense management reports.
2. Marriott Bonvoy Business American Express Card
Key card features
- $150 Annual fee
- Up to 85,000 Marriott Bonvoy points
- Business management tools
The Marriott Bonvoy Business American Express Card offers many premium perks and rewards.
You earn 65,000 Marriott Bonvoy Bonvoy points when you spend $5,000 in the first six months and an additional 15,000 points when you make a purchase after the card’s 14-month anniversary.
New card owners also earn 5 points for every $1 in eligible gas, food and travel purchases during the first six months of card membership. After that, you can earn 3 points for every $1 in Card purchases on eligible gas, dining and travel. You earn 5 points for every $1 in Card purchases at participating Marriott Bonvoy properties. And earn 2 points for every $1 in every other purchase.
Do you often stay in hotels? This Amex card can help cover these costs. You can easily redeem your points for stays at over 7,000 amazing hotels and resorts worldwide.
And finally, this card offers several business management tools that give you more control over your business anytime and anywhere.
3. American Express Business Edge Card
Key card features
- Up to 57,000 points welcome bonus
- $99 Annual Fee
The third and final business credit card on our list is the American Express Business Edge Card. This business card is great for purchasing basic business essentials like office supplies or paying for phone bills and gas. It comes with a great welcome bonus for business owners worth up to 57,000 points.
Here are the details for the welcome bonus:
If you charge $5,000 on your card in your first three months, you will receive 45,000 Welcome Bonus points
Every time you spend $3,000 in purchases on your card each month, you earn 1,000 Membership Rewards points. This could add up to 12,000 points in a year, making 57,000 points.
That’s not all. The card offers great rewards on purchases. You earn 3 points per $1 spent on certain categories such as gas, office supplies, dining and electronics. Plus 1 point per $1 spent on every other purchase.
Another great thing about this card is that you can add up to 99 supplementary cards at no cost.
In conclusion
The everyday running of a business can be stressful enough, so choosing the right business credit card is so important. If you want to choose correctly, you have to consider the rewards for categories where you spend the most money. Moreover, keep in mind that the extra benefits of a premium card, such as car rentals, are only valuable if you use them frequently.