Amazon Business Prime American Express Card: $125 Gift Card and 5% Back for Prime Members

If you run a business and shop on Amazon regularly, this card might be worth a look. Right now, eligible Prime members can snag a $125 Amazon gift card just for getting approved. Plus, you'll earn solid cash back on Amazon and everyday business expenses. Let's break down what's on offer and whether it makes sense for you.

What's in it for you?

The headline here is the $125 Amazon gift card that lands in your account shortly after approval. But that's just the start. The card gives you 5% back on the first $120,000 you spend each calendar year on Amazon.com, Amazon Business, AWS, and Whole Foods Market—as long as you keep your Prime membership active. After that threshold, the rate drops to 1% for the rest of the year.

Beyond Amazon, you'll earn 2% back at U.S. restaurants, gas stations, and on wireless phone bills paid directly to U.S. carriers. Everything else earns 1%. There's no annual fee and no foreign transaction fees, which is a nice bonus if you travel or buy from overseas vendors.

• 5% back on Amazon, AWS, and Whole Foods (up to $120,000 per year)
• 2% back on dining, gas, and wireless phone services
• 1% back on everything else
• No annual fee or foreign transaction fees

Business tools that actually help

This card isn't just about rewards—it comes with a suite of business-friendly features. You get enhanced data views that break down Amazon purchases item by item, making expense tracking a breeze. There's also business-only pricing on over 5 million products, which can lead to extra savings beyond your cash back.

If you have employees, you can set up multi-user accounts with individual spending limits and approval workflows. That's handy for keeping spending in check. Plus, you get access to the American Express Business App, Account Manager tools, and a year-end summary that simplifies tax time.

• Itemized purchase data for easy tracking
• Exclusive business pricing and quantity discounts
• Employee cards with custom spending controls
• Return Protection, Car Rental Loss and Damage Insurance, and Baggage Insurance Plan

Watch out for these details

First, you must be a Prime member to qualify for the $125 gift card and the 5% earning rate. If you let your Prime membership lapse, you'll lose those benefits. Also, the 5% rate applies only to the first $120,000 in combined purchases each year—after that, it's 1%.

The 2% categories are limited to purchases made in the U.S., so international transactions won't earn the bonus. And while there's no annual fee, you'll still want to pay your balance in full each month to avoid interest charges that could wipe out your rewards.

• Prime membership required for the bonus and 5% rate
• 5% rate caps at $120,000 in annual spending
• 2% categories only apply to U.S. purchases
• No annual fee, but standard APR applies to carried balances

Bottom Line

• The $125 Amazon gift card is a nice welcome bonus for Prime members who spend regularly on Amazon.
• 5% back on Amazon purchases is among the best rates available for business cards.
• No annual fee and no foreign transaction fees make it a low-cost card to hold.
• The $120,000 spending cap means heavy spenders will see their rate drop to 1% after that.

Common Questions