Early this week, Amazon announced that it would be moving its Business card from American Express to US Bank. Current Amex cardholders will be automatically moved to the new US Bank Mastercard on August 14th.
Here’s the text that current cardholders received announcing the change:
We’re reaching out to let you know that American Express’ U.S. Small Business co-brand Card relationship with Amazon is ending. Your Amazon Business or Amazon Business Prime Card will be replaced with an Amazon co-branded credit card issued by U.S. Bank. We expect that this will take place on August 14, 2026.
| Card Offer and Details |
|---|
 ⓘ $0 1st Yr Value EstimateClick to learn about first year value estimates None Non-Affiliate This card is no longer available.No Annual Fee Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy. FM Mini Review: For Amazon Prime members, this is a great card for Amazon, AWS, and Whole Foods purchases. Note though that Chase and Synchrony offer similar consumer cards. All information about the Amazon Business Prime American Express Card has been collected independently by Frequent Miler. Earning rate: Prime Members: 5% in Amazon rewards on US purchases at Amazon Business, AWS, Amazon.com, Whole Foods on up to $120K in purchases per calendar year, then 1% ✦ 2% Back in Amazon rewards at US restaurants, US gas stations, and on US wireless telephone services (excludes Google Fi) ✦ 1% back on all other purchases Base: 1% Dine: 2% Gas: 2% Brand: 5% Card Info: Amex Credit Card issued by Amex. This card has no foreign currency conversion fees. |
Quick Thoughts
The earning details on the card will remain the same, with Prime members getting 5% back on Amazon purchases, compared to 3% for non-Prime members. The only difference is that the current Amex limits those rates to $120k in purchases per year; the new US Bank card will increase that to $150k per year.
For current cardholders, this could come with a few benefits outside of that increased purchase limit:
- Amex limits each customer to 5 open credit cards at any time. Folks who are currently maxed out will get another spot without having to cancel a card.
- Current cardholders can pre-emptively cancel before August 14th and reapply with US Bank to receive a new welcome offer.
- Like Amex, US Bank business cards don’t report to credit agencies, so they won’t count towards your Chase 5/24 count.
We don’t yet know what will happen to current credit limits, which could be a concern for resellers. We also don’t know whether or not the current card’s return protection will carry over to the new card. If those remain the same, this should be good news for folks who are shut down or maxed out with Amex, or for those who are running into that $120k/year max.
Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.
should we cancel and resign for bonus?