All the details about the new American Express Business Edge™ Card

With this new American Express Business Edge™ Card, you can earn:

• 3X the points on Eats & Drinks
• 3X the points on Rides & Gas
• 3X the points on Office Supplies & Electronics
• Up to a maximum of 75,000 points, and then earn 1X the points on other purchases
• 1,000 Membership Rewards points for each monthly billing period in which you spend $3,000 in purchases on your Card

With the new American Express Business Edge™ Card, you’ll be able to earn 3X points on Eats & Drinks purchases.

So every time you meet a customer in a restaurant, or invite them for a drink in a bar, you’ll earn 3 Membership Rewards points per dollar.

This category also includes fast food and coffee shops like McDonald’s, Tim Hortons or Second Cup.

No other SME card has this earning rate for such expenses.

With the new American Express Business Edge™ Card, you’ll earn 3X the points on Rides & Gas.

“Rides” includes local commuter transportation like:

• Subway
• Streetcar
• Taxi
• Limousine
• Ride sharing services

For example, if you frequently get a cab or use ride sharing services, you will earn 3 Membership Rewards points per dollar for all these expenses.

And if you use your car to meet clients, you’ll earn 3 Membership Rewards points per dollar for your gas purchases.

On that point, American Express innovates with its new American Express Business Edge™ Card: you’ll be able to earn 3X the points on office supplies and electronics.

These two categories are generally significant in the annual budget of a small business’.

For example, if you frequently buy office supplies at Staples or other office supplies stores during the year, you could earn 3 Membership Rewards points per dollar.

Same thing if you buy electronic equipment from:

• Apple
• Best Buy
• Dell
• HP
• and many others

It’s also a great opportunity to earn 3 Membership Rewards points per dollar for all these electronic purchases!

Be careful though, there is an earning limit for all these categories at 3X the points: 75,000 points per year (or $25,000 of purchases per year in these categories).

Beyond that cap, you will get 1X the points, as is the case for all other purchases.

With a monthly budget of $2,000 (or $24,000 over one year) devoted to all these 3X the points categories:

• Eats & Drinks
• Rides & Gas
• Office Supplies & Electronics

And $1,000 per month (or $12,000 over one year) for other 1X the points purchases.

You could earn

In this case, you could earn 126,000 Membership Rewards points: a $1,260 value (if you redeem your membership rewards points as a statement credit to offset any eligible travel purchase charge to your card or if you book travel on American Express Travel).

There are many ways to redeem your Membership Rewards points :

• Redeem points for statement credits to offset any eligible purchase charged to your Card
• Use points to book travel within Canada or anywhere in the world with American Express Travel
• Transfer your points to hotel loyalty programs
• Shop with Points at Amazon.ca
• Use points for a wide range of gift cards and merchandise

This is the easiest way to redeem your Membership Rewards points. You make a purchase with your American Express Business Edge™ Card and then redeem your points for statement credits to offset it.

In this way, you redeem 10,000 points for a $100 statement credit.

American Express Travel is the travel booking portal of American Express.

You can redeem Membership Rewards points to book:

• Flights
• Hotels
• Car rentals

Here, you will redeem 10,000 points for a $100 statement credit.

It is even possible to get more value with the Fixed Points Travel program from American Express with flights between destinations like Montreal – New York for example.

Another option Membership Rewards offers is transferring points to airline and hotel loyalty programs.

Here are all the transfer partners for American Express Membership Rewards program:

Partners	Conversion rate
	1,000 Membership Rewards points = 1,000 Aeroplan points
	1,000 Membership Rewards points = 750 miles
	1,000 Membership Rewards points = 750 miles Asia Miles
	1,000 Membership Rewards points = 1,000 Avios miles
	1,000 Membership Rewards points = 750 Delta Skymiles
	1,000 Membership Rewards points = 750 Etihad Guest miles
	1,000 Membership Rewards points = 1,000 Hilton Honors Points
	1,000 Membership Rewards points = 1,200 Marriott Bonvoy points

American Express Membership Rewards program is a partner of Amazon.ca. It is possible to link your Membership Rewards Account to your Amazon.ca account.

At checkout on Amazon.ca, you will be offered to redeem your Membership Rewards Points to pay for your purchases.

Here, you will redeem 1,000 points for $7.

Finally, if none of the options mentioned above work for you, it is possible to redeem your Membership Rewards points directly through American Express’ merchandise and gift cards catalog.

We advise you to monitor the promotions in order to get a good value from your Membership Rewards points.

For small businesses, a great perk offered by this card is the ability to add up to 99 supplementary free cards per account without any annual fee!

This is interesting for small businesses whose employees need to carry around supplementary cards to make purchases on behalf of the business.

And the American Express Business Edge™ Card includes an “Employee Card Misuses Protection”:

Your American Express Business Edge™ Card may be covered for eligible unauthorized charges if you terminate the employee and cancel their Supplementary Card within 2 business days. Employee Card Misuse Protection is a benefit created specifically for business owners and it provides coverage of up to $100,000 per Basic Cardmember in the event an employee misuses their Supplementary Card for unauthorized charges.

Protection contre l'utilisation frauduleuse de la carte par un employé

American Express has aimed just right with this new American Express Business Edge™ Card, taking what made the success of the American Express Cobalt™ Card and adapting it to the needs of professionals and small businesses.

This new card completes American Express proprietary cards portfolio:

1 credit card:

• American Express Business Edge™ Card for $99/year

2 charge cards (your purchasing power adjusts dynamically with your Card usage):

• The American Express^MD Gold Small Business Card with Rewards at $199/year.
• Business Platinum Card^® from American Express for $499/year

Most importantly, American Express offers now a small business card for less than $100 a year, where other banks often charge $150 and more for cards with fewer perks.

In my opinion, the targeted audience for this new American Express Business Edge™ Card: self-employed professionals or start-ups.

This card is particularly suitable for people:

• being frequently on the road (with spending on gas or local transportation)
• dining with customers (hence the multiplier for Eats & Drinks expenses)
• making some offices or electronic purchases during the year

The eligibility criteria is the same as all other small business cards:

• You are a Canadian resident and have a Canadian credit file.
• You are the age of majority in the province or territory where you live.

Click here to apply for this card or to get more information.