Amazon announced on May 13 the launch of its new Prime Business Card and Amazon Business Card, offering business customers expanded rewards, flexible financing options, and no annual or foreign transaction fees. The cards are issued by U.S. Bank as part of the Mastercard network and are now available to new applicants.
The release of these cards aims to address business customers’ requests for more versatile benefits. Shelley Salomon, vice president of Amazon Business, said, “We heard from business customers that they wanted more from their card—more rewards outside of Amazon, more flexibility in how they pay, and more control over how their teams spend. The new Prime Business Card and Amazon Business Card are our answer: rewards that automatically adapt to each customer’s spending, interest-free installment options, and built-in spend management tools—all with no annual fee.”
The Prime Business Card provides Prime members with 5% back on U.S. purchases up to $150,000 annually at Amazon-affiliated businesses such as Amazon.com and Whole Foods Market. Non-Prime members can earn 3% back under similar conditions with the Amazon Business Card. Both cards offer improved rewards outside of Amazon: users automatically earn 2% back in their top three eligible spending categories each statement cycle up to $150,000 annually plus 1% on all other purchases beyond Amazon. Additional features include equal monthly installments at zero percent APR for up to twelve months on eligible purchases instead of earning rewards.
Cardholders can manage spending using integrated tools provided by both Amazon Business and U.S. Bank Spend Management systems. Courtney Kelso, senior executive vice president at U.S. Bank said, “We’re not just offering a credit card—we’re delivering a comprehensive financial toolkit that helps business owners manage cash flow, maximize rewards, and access the credit they need to seize opportunities when they arise.” The partnership will also introduce further services tailored for cardholders in the future.
Built on Mastercard’s network infrastructure—which supports acceptance at over 100 million locations globally—the cards feature advanced fraud monitoring powered by artificial intelligence along with Zero Liability protection for every transaction. Eimear Creaven, president of global partnerships at Mastercard said,”Businesses today are digital-first and operating in an increasingly complex global marketplace—they need partners that help them run and grow their business every day…these cards deliver real,everyday value—so business owners can focus less on managing payments and more on moving their business forward.”
Existing American Express cardholders will receive replacement cards beginning August 14; current reward balances will transfer seamlessly according to information provided by Amazon. For additional details about features or transition timelines,businesses may visit dedicated pages online.
Amazon operates in e-commerce,and technology services providing retail,digital offerings,and cloud computing according to its official website.