This is a financial promotion with American Express
Last week Amazon and American Express launched two new small business credit Cards in the UK, aimed at giving small businesses the support they need to thrive in 2020 and beyond.
The introduction of the Amazon Business Prime American Express Card and the Amazon Business American Express Card will allow business owners to access great benefits providing them the flexibility to make purchasing decisions that best serve their business needs.
The newly launched Cards will allow small businesses to alleviate some of the day to day stresses when it comes to balancing the books. By featuring line-item details for every purchase on Amazon Business UK, payment reconciliation is facilitated due to greater visibility. The initiative follows our recently launched Amazon Small Business Accelerator program, also aimed at giving small businesses the resources and information they need to succeed in 2020 and beyond.
Small businesses moving forward
Helping small businesses grow and flourish is something we have long championed. It’s a cause we absolutely believe in; over the last 20 years, sales from our small business selling partners have grown to account for more than half of everything sold on Amazon. This means that entrepreneurs the length and breadth of the country, from Newquay to Newcastle, Bristol to Bury St. Edmunds, can take their products to more customers, not just here but also internationally.
The two new Cards come with a variety of benefits. Businesses can choose to earn 2% Amazon Rewards points with the Amazon Business Prime American Express Card, or 1.5% with the Amazon Business American Express Card, on the first £120,000 in UK purchases at Amazon Business, Amazon.co.uk and Whole Foods Market, 1% thereafter. All Cardmembers also earn 0.5% Amazon Rewards points for all other purchases. Businesses can use these points to help cover balances on their monthly statement or use them to pay for future Amazon purchases. (Terms and conditions apply*)
In lieu of earning rewards, when making a UK purchase at Amazon Business, Amazon.co.uk and Whole Foods Market, businesses can choose 90-day payment terms with the Amazon Business Prime American Express Card (60-day payment terms on the Amazon Business American Express Card).*
Partners you can trust
These new products launched with American Express aim to provide small businesses convenient access to additional financing to help meet their daily needs. Amazon Business and American Express serve millions of business customers globally, now we are here together to serve small businesses in the UK, especially crucial at a time when 63% of British small businesses say they have delayed purchasing goods or services for their business because of a lack of funds (YouGov Study 2020).
*Representative APR for both Cards: 32.6% APR. Terms and conditions apply. Subject to approval, 18+. American Express Services Europe Limited is authorised and regulated by the Financial Conduct Authority.
The collaboration is part of Amazon’s ongoing pledge to help small businesses in the UK.
Find out more about the new small business credit Cards.