American Express Corporate Green Card – Benefits, Fees & Eligibility

Introduction

The American Express Corporate Green Card, issued by American Express, is positioned as a basic corporate card designed to simplify purchasing and expense reporting for core employees. It caters to everyday business expenses, occasional travel, and the management of various meetings and events. Key differentiating benefits include complimentary Hilton Honors Silver Status, a comprehensive Baggage Insurance Plan, 3% Uber Cash earnings on business expenses, and advanced expense management tools through American Express @ Work®.

Fees

• Annual Fee (US Market): Up to $75
• Joining Fee (India Market): Nil
• Annual Fee (India Market): Rs. 2,100 + GST
• Renewal Fee Waiver: There is no waiver benefit for the Annual Fees.
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.5% of the transaction amount (plus applicable taxes) for all foreign currency transactions.
• Interest Rates (Delinquency Fee): 3.5% of the outstanding amount, subject to a minimum of Rs. 100.
• Fuel Surcharge Waiver: 1% (2.5% for private fuel) of the transaction amount per transaction, subject to a minimum of Rs. 10. A 1% waiver applies for HPCL if the transaction is above Rs. 5,000.
• Cash Advance Charges: 3.5% of the withdrawal amount.

Rewards

• Hilton Honors Silver Status:
  • Card Members receive complimentary Silver status.
  • Enjoy a 20% Bonus on Base Points earned on every stay.
  • Receive the fifth night free when booking a standard room stay with 100% Points.
  • Earn up to 10 Base Points per $1 spent on eligible stays at Hilton.
  • Enrollment is required.
• Baggage Insurance Plan:
  • Provides coverage for lost, damaged, or stolen Baggage when traveling on a Common Carrier Vehicle (e.g., plane, train, ship, or bus).
  • Coverage is active when the Entire Fare for a ticket (one-way or round-trip) has been charged to an Eligible Card.
  • Coverage can be provided for up to 1,250 for carry-on Baggage and up to 500 for checked Baggage, in excess of coverage provided by the Common Carrier.
  • For New York State residents, there is a $10,000 aggregate maximum limit for all Covered Persons per Covered Trip.
  • Important exclusions and restrictions apply.
• 3% Uber Cash:
  • Employees can earn 3% Uber Cash on business Uber rides and Uber Eats orders charged to their eligible Corporate Card.
  • Uber Cash can then be used for personal Uber rides and Uber Eats orders in the U.S.
  • Enrollment is required.
• Global Assist® Hotline:
  • Employees can get support when traveling more than 100 miles from home.
  • Card Members are responsible for the costs charged by third-party service providers.
• American Express @ Work®:
  • Leverage customizable features to help Administrators monitor and forecast future spending.
  • Generate a variety of report formats.
  • Access alerts and status tracking.
  • Enrollment is required.
• Reward Type: Earns Membership Reward Points.

Rewards Redemption Guide

• No specific details on reward redemption are provided.

Card Review

• Overall Verdict: The American Express Corporate Green Card is a basic corporate card designed to help corporations manage expenses and earn Membership Reward Points. It provides greater visibility and control over expenses, improves policy compliance, and reduces paperwork, saving time and cost.
• Who Should Apply: This card is best suited for corporations looking to manage expenses for core employees who need to pay for everyday business expenses, occasional travel, and to plan and pay for various meetings or events such as conferences, conventions, and business meetings.
• Pros:
  • Effective tracking of each and every meeting and event expense.
  • Increased policy compliance with suppliers.
  • Reduced dependence on paperwork, leading to cost and time savings.
  • Flexibility for prompt payments to vendors or suppliers.
  • Zero Liability Protection for fraudulent transactions if reported within 3 working days (otherwise, liability is limited to Rs. 1,000).
  • Complimentary Hilton Honors Silver Status.
  • Baggage Insurance Plan for travel.
  • 3% Uber Cash earnings on business rides and orders.
  • Access to Global Assist® Hotline for travel support.
  • Utilizes American Express @ Work® for robust expense management.
• Cons:
  • Considered a very basic corporate card.
  • An annual fee applies (Up to $75 or Rs. 2,100 + GST) with no waiver benefit.
  • Foreign currency transactions incur a 3.5% markup.
  • Cash advance transactions are subject to a 3.5% charge.
  • A delinquency fee applies for late payments.

Important Product Details

• Expense Management:
  • Assists corporates in tracking every meeting or event spend with greater visibility.
  • Helps improve policy compliance with suppliers.
  • Reduces paperwork, saving costs and time for corporations.
  • Offers greater flexibility for prompt payments to vendors.
  • Utilizes American Express @ Work® for customizable features, monitoring, forecasting, reports, alerts, and status tracking.
• Travel Benefits:
  • Complimentary Hilton Honors Silver Status, offering bonus points and free nights.
  • Baggage Insurance Plan for lost, damaged, or stolen baggage on common carriers.
  • Global Assist® Hotline for support when traveling more than 100 miles from home.
• Everyday Business Benefits:
  • Earn 3% Uber Cash on business Uber rides and Uber Eats orders.
• Financial Protection:
  • Zero Liability Protection: Cardmember is not liable for fraudulent transactions if the loss of the card is reported within 3 working days. Otherwise, liability is limited to Rs. 1,000.
• Fees and Charges:
  • Annual Fee: Up to $75 (US) or Rs. 2,100 + GST (India).
  • No waiver benefit for Annual Fees.
  • Foreign Currency Markup: 3.5% of the transaction amount.
  • Delinquency Fee: 3.5% of the outstanding, minimum Rs. 100.
  • Fuel Surcharge: 1% (2.5% for private fuel) with a minimum of Rs. 10.
  • Cash Advance Charges: 3.5% of the withdrawal amount.

Other Details

• All American Express Corporate Cards, including the Corporate Green Card, are part of the American Express Corporate Program.
• The card is a charge card.
• Benefit Terms apply to all features and benefits. Enrollment is required for certain benefits.
• For inquiries or to get started, a specialist can be contacted at 1-855-531-3491.