Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Bridget Casey, Money.caThe American Express® Business EdgeTM Card is a great choice for a new business owner trying to get their company started, or an established entrepreneur that wants to get rewarded for everyday business purchases. The flexibility of rewards redemptions, purchase assurances and extended warranties, a...
- Georgia Rose, NerdWalletThe American Express Business Edge card is one of five business cards offered by Amex. It offers the lowest annual fee and a sizable welcome offer. But does not offer the extensive travel insurance coverage or perks of some other business cards.
- Enoch Omololu, SAVVY New CanadiansThe American Express Business Edge Card is a great credit card for small business owners. With its low annual fee and impressive welcome bonus, it is a good choice for those just starting their business or are in the early stages. There isn’t much travel insurance with this card as there is for othe...
- Mohamed Konate, My Rate Compassthe American Express Business Edge credit card is an excellent choice for small business owners and entrepreneurs. Points can be earned and redeemed on a wide array of things which gives you the best of both worlds. Finally, this credit card is an optimal choice if your business is new to credit car...
- Rewards CanadaTaking what they learned from the consumer Cobalt Card from 2017 to 2019 American Express developed a similar card for the small business card that is a winner. At the original time of posting this review the American Express Business Edge card is the best small business credit card in the market fo...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 20.99% |
| Balance Transfer Interest Rate |
21.99% No interest charges because you pay your balance in full each month |
| Cash Advance Interest Rate | 21.99% |
| Rates & Fees | |
| Annual Fee | $99.00 |
| Balance Transfer Fee |
3% Maximum |
| Cash Advance Fee | $2.75 |
| Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
| Over Limit Fee | $29.00 |
| Late Payment Fee | $0.00 |
| Promotions | |
| Sign up bonus |
45000 points after spending $5,000
|
| Rewards | |
| All Purchases | 1 point per $1 spent |
| Restaurants | 3 points per $1 spent |
| Gas | 3 points per $1 spent |
| Groceries | No |
| Hotels | No |
| Travel |
3 points per $1 spent On local commuter transportation in Canada including subway, streetcar, taxi, limousine, and ride-sharing services |
| Pharmacy | No |
| Bills | No |
| Additional Details |
|
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | No |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | No |
| Wireless Payments | Apple Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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