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At this point, the details have not been verified, but we will update this post as and when they are.
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:
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 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)
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?
The Master has more butt-in-seat First and Business Class miles than anyone we know, and has experienced more luxury in an airplane than most of us will in a lifetime. He knows the ins and outs of almost every airline frequent flyer and credit card program. He has enough points and miles to fly for the rest of his life in premium seats. He has stayed at some of the world’s best hotels, and doesn’t settle for anything less than 5 stars. He is the king of elite status and he knows things he isn't supposed to. That's why we call him The Master.