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American Express Corporate Green Card

The American Express Corporate Green Card is a very basic corporate card offered by American Express. The meeting card has been designed so that corporations can better manage expenses while earning Membership Reward Points for their expenses. The card grants greater visibility and control over all expenses that are incurred. The American Express Corporate Green Card can be used to plan and pay for all types of meetings or events, such as conference and association meetings. Conventions, Business and executive meetings, and many more. The cards provide great visibility over all the meeting expenses, improve policy compliance, and reduce the time and cost that was previously spent on paperwork. The following are the features of the American Express Corporate Green Card:

American Express Corporate Green Card

( 4.5 / 5 )
American Express Corporate Green Card
  • Joining FeeNil
  • Annual FeeRs. 2,100 + GST
  • Best Suited ForBusiness Expenses
  • Reward TypeReward Points

Rewards Rate

NA

Welcome Benefits

NA

Movie & Dining

NA

Rewards Rate

NA

Reward Redemption

NA

Travel

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Golf

NA

Insurance Benefits

NA

  • Spend-Based Waiver

    NA

    Rewards Redemption Fee

    Nil

    Foreign Currency Markup

    3.5% of the transaction amount

    Interest Rates

    3.5% of the outstanding, subject to a minimum of Rs. 100 (Delinquency Fee)

    Fuel Surcharge Waiver

    1% (2.5% for private fuel) of transaction amount per transaction subject to a minimum of Rs. 10. (1% for HPCL if transaction above Rs. 5,000)

    Cash Advance Charges

    3.5% of the withdrawal amount

    • Track each and every meeting expense along with greater visibility.
    • Increased policy compliance with the suppliers.
    • Lesser dependence on paperwork, thereby saving costs and time.
    • Make prompt payments to the vendors or suppliers.

    American Express Corporate Green Card Features and Benefits

    As mentioned, the Corporate Green Card by American Express is a very basic card, providing corporations with the ability to track and manage expenses. Let’s understand how that happens:

    Manage Meeting Expenses

    The American Express Corporate Green Card assists the corporates in tracking each and every meeting or event spends. There are tons of expenses that the corporates generally incur in meetings and events, and it’s hard to keep track of them. Also, with the card, you can have better policy compliance with the suppliers, and there would not be hassle about expenses. Without systemized control, it is hard to keep track of the payment channels, and the payments are generally made in cheques, which increases the cost and time effort for corporations. Also, the card offers greater flexibility regarding prompt payments to the vendors.

    Zero Liability Protection

    The cardmember is not liable for any fraudulent transaction if the loss of the card is reported within 3 working days; otherwise, the liability of the cardmember is limited to Rs. 1,000.

    American Express Corporate Card Fees & Charges

    • Joining Fee and Annual Fees: No Joining Fees are charged for the American Express Corporate Green Card. The Renewal/Annual fee for the card is Rs. 2,100.
    • Late Payment Fee: The American Express Corporate Green Card is a charge card, and therefore, a delinquency fee of 3.5% of the outstanding, subject to a minimum of ₹100 of a transaction, is applicable.
    • Forex Mark-up Fee: A foreign currency fee of 3.5% (plus applicable taxes) of the transaction amount applies to all foreign currency transactions made with the American Express Corporate Meeting Card.
    • Cash Advance Charges: A charge of 3.5% of the amount withdrawn applies to cash advance transactions made on the American Express Corporate Green Card.

    Conclusion

    The American Express Corporate Green Card is an elementary card with which you can earn Membership Reward Points. The card offers to manage and keep track of business expenses. Many expenses are incurred, and it is hard to keep track of them. Therefore, with the Corporate Green Card, corporations can make prompt payments and access a detailed view and list of every transaction. Another business card you must check is the American Express Platinum Corporate Credit Card, a premium one.

    This was the American Express Corporate Green Card review from our side. Drop your views and thoughts on this card in the comment section below!

    FAQs:

    No, there is no waiver benefit for the American Express Corporate Green Card Annual Fees.

    The cardholder will not be liable for any fraudulent transaction if the loss of the card is reported within 3 working days. Note that the maximum liability of up to Rs. 1,000 is applicable on reporting after 3 days.

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