Business credit cards support SMEs in expanding their business
The new credit cards called Amazon Business American Express Card help SMEs to run and grow their business effectively. According to a recent YouGov survey commissioned by American Express in Germany, 29 percent of companies state that they have postponed major purchases until they have the necessary financial resources. Possible cause for this is a Decline in liquidity, recorded by 37 percent of the companies surveyed.
“We know that small and medium-sized businesses are looking for flexible ways to make purchases and manage their expenses. That’s why we’re excited to offer small business owners a new way to access short-term finance, the use of rewards, and cash flow benefits. This helps them make more strategic purchasing decisions and get the goods and services they need, ”said Sonja Scott, general manager and vice president, Continental Europe, Global Commercial Services at American Express.
Samarth Gogia, EU Head of Amazon Business Payment Products, says: “SMEs are part of Amazon’s DNA, which is why we want to support them with a variety of payment options that offer exactly what they need.” Florian Böhme, Director at Amazon Business Germany, adds: “As a customer-centric organization, Amazon Business has set itself the goal of offering companies tailor-made solutions and advantages that are necessary in day-to-day procurement. I am pleased that these cards are now part of our offer in Germany. ”
The advantages of Amazon Business American Express Card
The cardholders of the Amazon Business American Express Card and the Amazon Business Prime American Express Card benefit from the following advantages:
- Amazon Business Prime American Express Card: Choice between 2 percent Amazon Rewards points on the first 120,000 euros of sales at Amazon Business Germany and Amazon.de per calendar year, then 1 percent or an extended payment period of 90 days for card payments by Business Prime members at Amazon Business Germany and Amazon. de.
- Amazon Business American Express Card: You can choose between 1.5 percent Amazon Rewards points on the first 120,000 euros of sales at Amazon Business Germany and Amazon.de per calendar year, then 1 percent or an extended payment period of 60 days for card payments at Amazon Business Germany and Amazon.de.
- 0.5 percent Amazon Rewards points on all other purchases for all cardholders.
- Up to 99 additional employee cards included
There is an annual fee of 30 euros for both cards, but this does not apply to new cardholders with a Business Prime membership at Amazon Business Germany in the first year and also does not apply in the following years if the cardholder has at least 9,000 euros with Amazon in the previous membership year Business Prime American Express Card. The launch of the new business credit cards expands the longstanding collaboration between Amazon Business and American Express in Germany and complements the business credit card program in the USA and Great Britain. (sg)
Also read: Finetrading – what to do if the bank declines the loan?
