AmEx, Amazon to launch small-business credit card
New card is third card initiative announced by AmEx this month
Personal finance journalist with an eye for industry news
American Express announced on June 26 it would launch a small business credit card co-branded with Amazon.
The new card will join AmEx’s current line-up of business cards that includes the Blue Business℠ Plus Credit Card from American Express, the Business Gold Rewards Card from American Express and the SimplyCash® Plus Business Credit Card from American Express.
Amazon currently partners with Chase and Synchrony on co-branded consumer cards. The new business card will be its first such partnership with American Express.
There are no details yet on the card’s potential release date or what rewards it will offer. AmEx’s existing cards targeted at small businesses offer rewards for travel, telecommunication spending and limited-time free access to Google’s G Suite, among other benefits.
“We know that many small businesses rely on Amazon’s wide global product selection and selling service to run their business more efficiently, so this partnership that brings together our collective insights and expertise is a natural fit,” AmEx spokeswoman Felicia Mowll said.
The new card is part of a broader multi-year partnership between AmEx and Amazon. The two firms are in collaboration on a data solution that enables businesses to track their Amazon Business purchases made with AmEx cards and analyze customer data.
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