Why You Might Want This Card

For Big-Spending Businesses

This is a hassle-free business card that earns very valuable points. And, you'll get maximum value if you’re a big spender. That's because you can get 4x points back on the 2 categories in which your business spends the most each billing cycle, up to $150,000 annually. Categories include advertising, gas and shipping -- stuff that you spend on anyways.

Offsetting the Annual Fee

Sometimes it’s hard to justify paying a large annual fee like the $295 on this one. But it might be worth it. This fee starts to get offset with the 25% points back you'll get (up to 250,000 points annually) when you use your card to book Amex Travel using the Pay-with-Points option. There's also a flexible payment option that allows you to carry a balance with interest on purchases over $100. It should be noted that purchases under $100 must be paid in full each month. There are no foreign transaction fees, and you have full access to global assist hotline. Once you collect your rewards, you’ll have the freedom to transfer them to Amex partners or Pay-with-Points through the Amex travel portal, getting back 25% of those points each time.

This card also includes the Amex Business app, where you can add receipt images and categorize your transactions, online statement access assigned to an account manager for handling card tasks, and the year-end summary to review annual spending.

Bottom Line

This card is a good grab when it has a special offer, especially since it doesn't count towards your 5/24. If you spend a lot of money as a business owner in certain categories, the spend multipliers can offset the annual fee -- and then some.