**Disclosure**: This post was sponsored by Amex Bank of Canada. The views and opinions expressed in this blog, however, are purely my own. American Express is not responsible for maintaining or monitoring the accuracy of information on this website. This blog contains affiliate links, I receive a small commission at no additional cost to you. Thank you for your continued support.

 

It’s always exciting to see a new credit card drop, especially when the product offers an outsized rewards earning opportunity while keeping the annual fee low. A few years ago, the American Express Cobalt™ Card truly captured the imagination of Canadians looking for a travel credit card. This time around, Amex Canada is set to do the same with an everyday rewards Business Credit Card –  with the new American Express Business Edge™ Card you can earn up to 42,000 Membership Rewards® bonus points (within the Select Tier) in your first year of Cardmembership, which includes a monthly bonus for meeting a spend minimum. Without further ado, let’s dive into the American Express Business Edge Card Review;

American Express Business Edge™ Card Review –  Apply Now

Business Edge Card review

  • Annual Fee: $99 (may be tax deductible). No fee for supplementary cards
  • Welcome Bonus: 30,000 Membership Rewards® points (Charge $5,000 in purchases in your first three months)
  • Monthly Bonus: Additional 1,000 bonus points each month that you spend $3,000
  • Earning Rate: Similar to the Amex Cobalt Card, the Business Edge Card will earn Membership Rewards points* (within the Select Tier);
    • 3x the points on eligible Eats & Drinks
    • 3x the points on eligible Rides & Gas
    • 3x the points on eligible Office Supplies & Electronics

*Up to a maximum of 75,000 points, and then earn 1x the points on all other purchases.

  • Other Key Benefits:
    • Comprehensive Insurance coverage on;
      • Employee Card Misuse Protection
      • Car Rental Theft and Damage
      • Purchase Protection® Plan
      • Buyer’s Assurance® Protection Plan
  • Redeeming Membership Rewards points (within the Select Tier )
    • Transfer MR points to the Hilton Honors (1:1) and Marriott Bonvoy™ (1:1.2) loyalty programs
    • Redeem with Fixed Points Travel Program:
      Business Edge Card review

      Amex Fixed Points Travel – Economy (r/t)

       

      Business Edge Card review

      Amex Fixed Points Travel – Business (r/t)

       

    • Redeem points for statement credits to offset any eligible purchase charged to your Card.
    • Choice and flexibility by using points for purchases or redeeming them for a wide range of travel, dining, entertainment and retail rewards options.
    • Shop with Points at Amazon.ca.

Detailed list of benefits and perks of the card are listed here

Take Away

If I assume a monthly business expense of $3,000 in the 3x category, the Amex Business Edge Card can yield 9,000 MR points each month, or 128,000 points a year. Here’s the breakdown;

    • 3X Earn: Up to $25K in spend = 75K points
    • 1X Earn: Remainder ($36K-$25K) $11K x 1= 11K points
    • Welcome Bonus: 30K points
    • Monthly Spend Bonus: (1K/mth x 12) = 12K points 

128,000 points is an incredible return on a $99 annual fee card. This maybe the new go-to card for small business owners looking to earn meaningful rewards.

Title Image Source: American Express