News: Rumoured New American Express Business Edge Credit Card

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At this point, the details have not been verified, but we will update this post as and when they are.

American Express Business Cash Card

American Express Business Cash Card

Rumours suggest a new business card will be released within the next two weeks from American Express.

The upcoming American Express Business EDGE Card details are as follows:

  • $99 Annual Fee for the primary cardholder, $0 for supplementary cardholders

  • 30,000 Membership Rewards-Select Welcome Bonus, after $5000 spend in the first 90 days

  • 1,000 Membership Rewards-Select Monthly Bonus after spending $3000 in each billing cycle

  • 3x MR-S per $ in the following categories:

    • Food

    • Rides & Gas

    • Office Supplies & Electronics

  • Annual Limit of 75,000 MR-S on 3x multiplier ($25,000), 1x point per $ thereafter

  • 1x MR-S on all other purchases

The card will be a credit card rather than a charge card. American Express currently offers the Business Platinum and Business Gold Charge Cards for the higher end/higher annual fee business options.

The card design is suggested to be on a blue background with the centurion head logo in the center, similar to the image above (note: the card pictured above is not the actual EDGE card, but a Business Cash Card from the US market)

American Express Cobalt Card

American Express Cobalt Card

The American Express Business EDGE Credit Card setup seems very similar to a card we all know and love, the Cobalt Card from American Express. The 3x earning structure with the new EDGE card is very similar to the Cobalts’ 5x category, it will have a monthly spend bonus, and the card will earn points at the less valuable Membership Rewards Select tier. These points do not transfer directly to airlines, but can be converted to hotel loyalty programs such as Marriott Bonvoy and Hilton Honours, and can be used for fixed-point travel redemptions.

At this point, it is unsure what kind of referral structure the EDGE program will offer, but we will update as soon as we have further details.

Will you be applying for the American Express Business EDGE Card when it goes live on americanexpress.ca?

H/T: u/churnthrowaway0

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