American Express has added a note on the Your 3 Suppliers page indicating that the program will be discontinued on October 6, 2021.

Important notice: The Your 3 Suppliers Program for Business is being discontinued and will no longer be available for enrollment as of October 6th, 2021.

American Express Canada

The Your 3 Suppliers program allowed American Express^® Business Gold Rewards Card holders to choose 3 suppliers from a list to earn 1 additional Membership Rewards point per dollar (or 2 Membership Rewards points per dollar). Up to a limit of $250,000 in annual purchases.

Several partners on this list had their interest such as:

• Plastiq: to pay any bill with a credit card (useful for municipal taxes, welcome tax, GST/QST, etc.)
• Petro-Canada
• Best Buy
• And many partners specialized in advertising, equipment and current purchases for companies, technology, etc.

The demise of this program as of October 6, 2021 is a loss for the American Express^® Business Gold Rewards Card, which only earns 1 Membership Rewards point per dollar on all other purchases despite a $250 annual fee.

Other Business cards will therefore prove more interesting, such as:

• Business Platinum Card^MD from American Express: 1.25 points per dollar and unlimited access to airport lounges for the cardholder and one guest, justifying its $799 annual fee.
• the American Express^® Aeroplan^MD* Business Reserve Card Express^MD: between 1.25 and 3 points per dollar, access to Air Canada lounges in North America and privileges on Air Canada for an annual fee of $599.
• Marriott Bonvoy™ Business American Express^® Card: between 2 and 5 Marriott Bonvoy points per dollar, an annual certificate for one free night, 15 Elite Nights per year for an annual fee of $150

Note that of these cards, only the Business Platinum Card^MD from American Express is a PAYMENT card (and allows cash flow for up to 55 days) and has points identical to those of the American Express^MD Small Business Gold Rewards Card (i.e. transferable to both hotel partners, but also airline partners such as Aeroplan).

I have asked American Express Canada if current American Express^MD Gold Rewards Card for Small Business holders will still be able to take advantage of this “grandfather clause” program and will update this article based on the response.

H/T: Kirin / DenB – Prince of Travel