Advantages of Business Charge Cards
American Express Business Charge Cards offer a convenient way to improve your business’ cash flow while earning points1 on your essential purchases. However, there are a few things you’ll want to consider before choosing one that’s right for you.
What is a Business Charge Card?
A Charge Card is a Card that comes with flexible spending power, also known as no pre-set spending limit2 and no interest on purchases, as long as your balance is paid in full each statement period. As you establish a spending and payment history, the amount you can charge on the Card can grow.
Remember, the amount you can spend is dynamic and can adapt based on your transaction patterns, your Business’ credit rating, and other factors.
Terms and conditions apply (Business Charge Card T&Cs). Subject to status and eligibility. We reserve the right to apply spending limits in accordance with the Business Charge Card Member Agreement.
Terms and conditions apply (Business Charge Card T&Cs). Subject to status and eligibility. We reserve the right to apply spending limits in accordance with the Business Charge Card Member Agreement.
A Charge Card is best for: Businesses with the need for greater spending power and a consistent cash flow, allowing them to reliably repay their monthly statement.
An overview of Charge Card’s features
| Charge Card | |
|---|---|
| Flexible spending power, also known as no pre-set spending limit | |
| Bill must be paid in full monthly | (except for accounts enrolled in FPO) |
| Interest on late payments | |
| Charge for overdue payment | |
| Earns points1 If enrolled, fees may apply |
(except American Express Business Card) |
| Access to benefits e.g. Amex Offers |
Flexible Payment Option (FPO)
FPO2 is a Charge Card feature that allows you to carry over a portion of
your monthly balance up to the FPO limit and pay it off over time, instead of in full each statement period (interest charges apply).
It can provide you with instant access to a line of credit, without the need for you to dip into your personal savings, take out a loan or put up additional security.
Explore our range of Business Cards
Compare the features and benefits across our different Cards to find the
one that’s the best fit for your business.
More from American Express
Cash flow tools
See how features like up to 55 days to pay for purchases4 can help you make more of your on-hand capital or gain added breathing room around bills.
Streamlined application process
We’ve stepped out everything you need to know or have on hand before applying, to help make the process a smooth one.
1. Membership Rewards: Subject to the Terms and Conditions of the Membership Rewards program available here. Enrolment into Membership Rewards is required (an annual fee may apply). Eligibility to participate in the Membership Rewards program depends on your Card product type, and is subject to the approval of American Express.
2. Flexible Spending Power: Unless we tell you otherwise, your American Express Charge Card comes with flexible spending power, also known as no pre-set spending limit. This means that the amount you can spend is dynamic and can adapt based on your transaction patterns, your Business’ credit rating, and other factors. The way you use your Card can help your spending power grow, particularly in the first few months. To help maximise your spending power, make regular transactions and don’t miss any payments.
3. With Flexible Payment Option, you will be charged interest if you do not pay your Closing Balance in full by the due date each month. Please refer to your monthly statements for the current Interest Rate and PDS for number of interest-free days. Eligibility criteria applies.
4. Extend your cash flow by up to 55 days: Depending on when you make a purchase, when your statement is issued and whether or not you are carrying forward a balance on your account from your previous statement period.