What is the card's annual fee?

The annual fee is $799, which makes it one of the most expensive credit cards in Canada. The $520 in annual credits bring the apparent cost down to $279 if you use them in full.

Which annual credits are included?

Three credits totalling $520: a $200 travel credit, a $200 Dell credit and a $120 wireless services credit. They apply to spending many businesses already do. A fourth credit, up to $240 at Instacart, runs until December 31, 2027, but it targets groceries rather than business operations.

Is the annual fee deductible?

For many incorporated businesses, the annual fee on a card used exclusively for business activities is a deductible expense. The tax treatment depends on your situation, so check with your accountant or tax specialist.

How many points does the card earn?

Every purchase charged to the card earns 1.25 American Express Membership Rewards points per dollar. Those points transfer to several airline and hotel partners, including Aeroplan, Marriott Bonvoy, Flying Blue and British Airways Club.

What changes for lounges in 2027?

As of January 1, 2027, Centurion lounge access remains unlimited, but the Priority Pass and Plaza Premium networks move to six free visits per year each. Cardholders who reach the annual spending threshold regain unlimited access.

Which hotel statuses are included?

The card grants Hilton Honors Gold and Marriott Bonvoy Gold Elite status. Hilton Gold can provide free breakfast and room upgrades subject to availability.

Do I need an incorporated business?

The calculation presented here applies mainly to incorporated businesses, because the deductibility of the fee and of eligible expenses changes the real cost. Business cards generally require no minimum personal income, since approval rests on the business.