To qualify, you must have at least $20,000 in net purchases posted to your account by the last day of each calendar quarter. Purchases made during the billing periods, but posted after the end of the calendar quarter, may not count towards eligible spend for the quarter. If this occurs, that purchase will count towards eligible spend for the next calendar quarter period. For example, if your billing periods are in the calendar quarter from April 1 to June 30, a purchase made on June 29 (transaction date) and then posts on July 1 (posting date), may not count for eligible spend for the April-June calendar quarter. In this case, that purchase will count towards spend in the July-Sept calendar quarter period. Account must be in good standing. Please allow up to eight weeks for your bonus points to be awarded.¹

Your new Quarterly Purchase Bonus and benefits will automatically come into effect on January 1, 2022. You will not need to take any action.  No enrolment is required –  you can start enjoying them right away with the Card you currently have in your wallet on January 1, 2022.

Log into your American Express^® App to see how your quarterly purchases are stacking up. When you spend at least $20,000 in net purchases each calendar quarter, you’ll receive 10,000 bonus Membership Rewards points - that's 50% more points¹.

If you are currently enrolled in the Your 3 Suppliers Program, you will continue to earn extra points on eligible purchases with selected suppliers until March 31st, 2022.² 

On statements received after October 13, 2021, you will have the ability to pay off a portion of your Card balance over time with Flexible Payment Option.³

Without any need for lengthy forms or applications, when you need to maximize your business’ cash flow, you’ll have the choice to:

• pay your entire Card balance, 
• the minimum amount due, 
• or any amount in between³

and you’ll only pay interest charges on the amount you choose to carry over at a standard rate of 19.99%.⁴ 

Unlike traditional credit cards that have set spending limits, your account continues to have No Pre-set Spending Limit which adjusts based on factors such as your purchases, payment, and credit history. Your Flexible Payment Option Limit is not a spending limit, rather, it is the maximum amount you can repay over time with interest. 

If you are ever unsure if a large purchase will be approved, just use the ‘Check Spending Power’ tool on your online account or mobile app.

No. The Flexible Payment Option will not affect the Quarterly Purchase Bonus that is being introduced. For information on how the new quarterly bonus structure works, see above section. 

Coverage is available if you are a holder of an American Express^® Business Gold Rewards Card and you are a Canadian resident. Coverage starts the date the first transaction related to the purchase is charged to your Card if you finance all or any portion of the purchase price through a Canadian wireless service provider’s installment plan; or the date of purchase in the event your mobile device is lost, if you charge the full purchase price to your Card; or 91 days from the date of purchase in the event your mobile device is stolen or accidentally damaged, if you charge the full purchase price to your Card. Coverage ends two years from the date of the first transaction related to the purchase of your mobile device is charged to your Card or two years from the date the full purchase price is charged to your Card, whichever applies. ^5†

If you are interested in learning more about your insurance coverages, you can access your Certificate of Insurance by visiting www.amex.ca/myinsurance.

You will receive your new Business Gold Rewards Card at your next renewal date after October 8, 2021. You can continue to use your current Card until you receive a new one. As part of our commitment to sustainability, your Card has been created using 99% recycled plastic.