American Express · business card
On $1,000 a month of spending, split evenly across restaurants, travel, groceries and everything else: yes.
21,000 points a year at 1.00¢ = $210, $240 of credits you'd actually use, minus the $375 annual fee = $75 a year. The 100,000-point welcome bonus adds $1,000 in year one.
That is a worked example, not a figure about you — we have no idea what you spend. Put your own numbers in and the same arithmetic runs on those.
| On | Rate | Cap |
|---|---|---|
| Restaurants and takeaway | 4× Amex Membership Rewards | $150,000 a year, then 1× |
| Flights, hotels and transport | 1× Amex Membership Rewards | none |
| Groceries | 1× Amex Membership Rewards | none |
| Everything else | 1× Amex Membership Rewards | none |
4x on your two highest-spend eligible categories each month, up to $150,000 a year combined.
Amex Membership Rewards points are worth about 1.00 cents each on our published table, our own. What Amex Membership Rewards points are worth →
100,000 Amex Membership Rewards — about $1,000 — after $15,000 of spending in 3 months. The example spending above does not clear that, so it is left out of the sum.
Credits count for $240 in the sum above — what a typical holder actually redeems, not the sticker value of every credit on the page. $240 a year of flexible business credit in monthly pieces.
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We may earn a commission if you apply through us, and it does not change the arithmetic above — a card that pays us nothing is scored identically. How we make money. Card terms as of 2026-09-18; check the issuer's page before applying.