Tag: AmEx

Spring spruce-up: Changes to the Hilton Honors Amex Business Card

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. 

The Hilton suite of cards continues its makeover mania with the latest refresh, this time to The Hilton Honors American Express Business Card. Just like the October 2023 redesigns of both the Hilton Honors American Express Surpass® Card and the Hilton Honors American Express Aspire Card‘s, Hilton’s only small business card is swapping out the low annual fee and adding in new use-it-or-lose-it credits. 

Here’s what’s changed on The Hilton Honors American Express Business Card:

  • The annual fee is now $195, up from $95.
  • The welcome offer is now 175,000 Hilton Honors Bonus Points after you spend $8,000 in purchases within the first six months of card membership (Offer Ends 6/5). The most recent welcome offer was 130,000 points after spending $3,000 in the first three months of opening the card.
  • The rewards rate is still 12X Hilton Honors Bonus Points on eligible Hilton purchases, but other spending has changed to 5X Hilton Honors Bonus Points on other purchases made using the Hilton Honors Business Card on the first $100,000 in purchases each calendar year, and 3X on all other eligible purchases. Terms & Limitations Apply. Previously, non-Hilton purchases earned 6X at U.S. gas stations, on U.S. purchases for shipping, on wireless telephone services purchased directly from U.S. service providers, on flights booked directly with airlines or with Amex Travel, on car rentals booked directly from select car rental companies, and at U.S. restaurants and 3X on all other eligible purchases. 
  • The card now offers up to $240 back each year on eligible Hilton purchases made on the card, with up to $60 in statement credits per quarter. There were no Hilton credits previously.
  • Priority
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The 8 Best Amex Business Credit Cards [2024]

American Express is a known leader when it comes to business credit cards, with many great options for business owners.

Finding the perfect Amex business credit card that brings the most value to your business operation may seem challenging. So we’re here to walk you through various choices and help you determine which card fits your business best.

Why Should You Get an Amex Business Card?

Put simply, American Express offers some of the best business credit cards on the market. Additionally, Amex offers a variety of business cards that fit many different business needs.

This includes business owners looking for a premium solution like The Business Platinum Card® from American Express, business owners looking to maximize large expenses with the American Express® Business Gold Card, and those looking for a simple, no-annual-fee card like The Blue Business® Plus Credit Card from American Express (rates and fees).

Beyond the benefits specific to each card, many Amex business cards offer helpful business tools that may include a pay-over-time option, no preset spending limit, the ability to add employee cards for a reduced or no additional fee, easy connection to partners like QuickBooks and Bill.com, and more.

No preset spending limit means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts to factors such as your purchase, payment, and credit history.

The Best Amex Business Cards

Amex Business Card Comparison Table (2024)

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Amex Business Platinum Card (Best for Travel and Lounge Access)

OUR BEST OFFER

$2,640

19.49% – 27.49% Variable

Good to Excellent (670-850)

The Business Platinum Card® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with

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Delta, AmEx up card fees and add more perks

Cardholders of American Express and Delta’s six co-branded credit cards will receive new benefits and increased annual fees in changes the companies revealed Thursday.

Delta SkyMiles American Express credit cardholders can already make use of the new benefits, the companies said. 

Under the updates, people who use their co-branded cards for some Resy restaurants, certain rideshares and prepaid Delta Stays accommodations can earn annual statement credits of varying amounts depending on their card type, according to American Express. The total value of the credits range from up to $300 for Gold to $610 for Reserve Business.

The Delta Air Lines logo on a plane

A Delta Air Lines passenger plane is seen in Washington, D.C., in February 2023. (Celal Gunes/Anadolu Agency via Getty Images / Getty Images)

Platinum, Platinum Business, Reserve and Reserve Business card holders will get a leg up on meeting the qualifications for Silver Medallion status in Delta’s loyalty program with $2,500 medallion qualification dollars each year.

CLICK HERE TO READ MORE ON FOX BUSINESS

Delta said last month customer engagement with its SkyMiles program “reached an all-time high, with record membership growth, co-brand spend and revenue from travel-adjacent services.”

Ticker Security Last Change Change %
DAL DELTA AIR LINES INC. 39.98 +0.22 +0.55%
AXP AMERICAN EXPRESS CO. 206.40 +3.21 +1.58%

In another travel-related perk, the companies have added Hawaii, Alaska, Mexico, the Caribbean and Central America as destinations that cardholders can get companion certificates for, they said.

DELTA ADJUSTS LOYALTY PROGRAM CHANGES AFTER CUSTOMER BACKLASH

Platinum Business and Reserve Business customers will see “new everyday business spending categories” as well as an “expanded buying power” feature that gives them “flexibility to spend above their credit limit” to a point, according to American Express.

American Express logo

The logo of American Express. (Reuters/Lucy Nicholson / Reuters Photos)

They add to the

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How To Apply For An Amex Business Card

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

An American Express business card application is a touch more complicated than what you’ll find with Amex’s consumer cards. But once you understand the terminology and how easy it can be to qualify for a business card, you unlock access to more credit card rewards. And the rewards you earn from American Express business cards and personal cards are automatically pooled together, which makes booking your next vacation with Amex points much easier.

Below, CNBC Select details how to complete an Amex business card application.

How to apply for an American Express business card

Advantages to having an American Express business card

Opening an American Express business card is a great way to turn your business expenses into cash back or travel rewards. Having a credit card for your business is practical because it can streamline some of your bookkeeping by making it easier to separate your personal and business transactions.

Many Amex business cards also have benefits and perks tailored to small business owners. The American Express® Business Gold Card is a perfect example of this, earning a stellar 4X Membership Rewards® points on the 2 categories where your business spends the most each billing cycle from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap. These bonus spending categories include many common business expenses, such as U.S. shipping and select U.S. advertising purchases.

American Express® Business Gold Card

On the American Express secure site

  • Rewards

    Earn 4X Membership Rewards® points on the 2 categories where your business spends the

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Amex Business Gold vs. Amex Business Platinum: Credit card showdown

In the American Express lineup of small-business cards, the American Express® Business Gold Card and The Business Platinum Card® from American Express are two popular offerings.

But just like their consumer counterparts, these two cards are each geared toward cardholders with different goals and needs. The Amex Business Gold card recently underwent a refresh of benefits, including an upcoming increase in the annual fee. Meanwhile, the Business Platinum Card got its own overhaul in 2021.

Let’s review these cards to see how the refreshed Amex Business Gold competes with the Amex Business Platinum.

 Amex Business Gold  Amex Business pLATINUM
Welcome bonus Earn 70,000 Membership Rewards points after you spend $10,000 on eligible purchases within the first three months of card membership 120,000 bonus Membership Rewards points after you spend $15,000 on purchases in your first three months of card membership
Annual fee $295 ($375 if the application is received on or after Feb. 1, 2024; see rates and fees) $695 (see rates and fees)
Earning rates 4 points per dollar in two categories (gas, dining, advertising, transit, electronics & wireless) with the most spending each billing cycle (up to $150,000 in combined purchases each calendar year; then 1 point per dollar)

3 points per dollar on flights and prepaid hotel bookings made through AmexTravel.com

1 point per dollar on all other eligible purchases

5 points per dollar on flights and prepaid hotels booked with Amex Travel

1.5 points per dollar on purchases of $5,000 or more and in select business categories in the U.S. (construction material and hardware suppliers, electronics goods retailers, software and cloud system providers, and shipping providers) up to $2 million of purchases in a calendar year, then 1 point per dollar

1 point per dollar on other purchases (terms apply)

Benefits (enrollment required for select benefits)
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A Guide to the Amex Gold Business card benefits

Key points

Amex Business Gold card overview

The Amex Business Gold card now earns 4 Membership Rewards points per $1 on up to $150,000 in combined purchases each calendar year on the 2 select categories your business spends the most each month, 3 points per $1 on flights and prepaid hotels booked on amextravel.com and 1 point per $1 for other purchases. Notably, electronics, wireless (in the U.S.) and transit are now eligible to earn the highest rewards rate on the card.

The Amex Business Gold’s bonus categories include: 

  • U.S. purchases for advertising in select media (online, TV, radio).
  • U.S. purchases at gas stations.
  • U.S. purchases at restaurants, including takeout and delivery.
  • Purchases from U.S. wireless telephone service providers for monthly wireless telephone service charges.
  • U.S. purchases made directly from software & cloud system providers and electronic goods retailers.
  • Transit purchases, including trains, taxis, rideshare services, ferries, tolls, parking, buses and subways.

With the increased elevated rewards structure and the additional benefits we’ll discuss below, it’s easy to see why the Amex Business Gold card tops our list of the best American Express business cards.

Service and protection benefits

The updated Amex Business Gold card offers a valuable new benefit: Cell phone protection¹. Cardholders can be reimbursed for repair or replacement costs (whichever is less) following damage or theft. There’s an $800 per claim maximum, and your prior month’s wireless bill must be paid using your Amex Business Gold card to be eligible. A $50 deductible will apply to each approved claim with a limit of two approved claims per 12-month period. Additional terms and conditions apply. 

Other service and protection benefits offered on the Amex Business Gold card include:

  • Pay Over Time: Help manage cash flow with the ability to carry a balance (with interest) up to your Pay
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Hilton Honors Amex Business credit card review – The Points Guy

Editor’s note: This is a recurring post, regularly updated with new information and offers.


Hilton Honors American Express Business Card overview

The Hilton Honors American Express Business Card is one of the most valuable hotel business cards on the market. With mid-tier Hilton Gold elite status, it provides useful premium benefits at just a $95 annual fee (see rates and fees). If Hilton is your company’s hotel chain of choice, this card is a worthwhile addition to your wallet. Card rating*: ⭐⭐⭐⭐

*Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.

The Hilton Honors Business card is built for small-business owners, but you don’t need a bustling office or dozens of employees to apply. A side hustle or consulting gig that requires travel is more than enough to qualify for a small-business card.

One of the best perks of the Hilton Business card is the automatic Hilton Gold elite status. From free breakfast to room upgrades (based on availability), this card can provide meaningful benefits right from the start.

And with a lucrative new welcome offer, now could be a great time to add the card to your wallet. Let’s take a closer look at the Hilton Business card to see if it’s a fit for your wallet.

Hilton Amex Business Card welcome offer

New applicants for the Amex Hilton Business card can earn 150,000 Hilton Honors bonus points and a free night award after they spend $4,000 in purchases within the first three months of card membership. Offer ends July 19.

TPG values those 150,000 bonus points at $900. This is one of the best offers we’ve seen on this card. In addition to these points, you can earn a free night reward after spending $15,000 on purchases in a

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AmEx Profits Fall 9% as Customers Fall Behind on Payments

NEW YORK (AP) — American Express saw its fourth-quarter profits fall by 9%, as the credit card giant had to set aside significantly more money to cover potentially bad loans. The company saw charge offs and delinquencies rise, a troubling sign for a company whose customer base is usually well-to-do and extremely creditworthy.

But the company did announce it planned to raise its quarterly dividend and also forecast higher-than-expected profits for 2023, which helped lift the stock in early trading as investors seemed to look past the delinquencies and more at how cardmembers were still strongly spending on their accounts.

The New York-based company said it earned a profit of $1.57 billion in the quarter, or $2.07 a share, that is down from $1.72 billion, or $2.18 a share, in the same period a year earlier. That is below what analysts had forecasted.

While AmEx saw a double digit rise in card usage from a year ago — cardmembers spent $413.3 billion on their cards last quarter — the increase in revenue was eclipsed by a noticeable deterioration in the financial health of AmEx customers.

The company set aside $1.03 billion to cover potential credit losses, compared to only $53 million in the same period a year earlier. The company wrote off 1.3% of its total loans, compared to only 0.8% a year earlier. The number of card members who were 30 days or more past due also rose.

Political Cartoons

AmEx CEO Steve Squeri said in a statement that the company’s credit metrics “remained strong” in the quarter however. Squeri told analysts on a call with investors that the company is seeing few signs of a recession in the short-to-medium term, noting that cardmember spending continues to remain strong.

Over the past several years, AmEx has moved its traditional

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