Free up cash for your small business with the Amazon Business American Express Card

As a small business owner, being strategic about your cashflow helps you effectively manage your working capital needs and take your organisation to the next level, at every stage of growth.

Imagine having the freedom to decide to pay later for your £5,000 purchase of company laptops by up to 116 days, or being able to make unexpected and unplanned purchases on Amazon.co.uk. All of this and more is possible for Cardmembers of the Amazon Business American Express Card.

Our extended payment term is a standard offer available to all Cardmembers. This frees up cash, especially for those high-value purchases that can make a difference to your organisation’s cashflow.

How it works

As an owner of a small- to medium-sized business, you can hold onto your company cash longer with the Amazon Business American Express Card. This means easier navigation of cashflow-needs by spreading out big expenses on eligible purchases on Amazon.co.uk and Amazon Business UK. Payment term durations depend on which of the two Amazon Business American Express Cards you have.

• Amazon Business American Express Card cardmembers have 60 extra days to pay
• Amazon Business Prime American Express Card cardmembers have 90 extra days to pay

Depending on when you make a purchase during your monthly billing cycle, 60- or 90-day terms can mean up to an additional 56 days on top of the extended terms––for a total of up to 116 days or 146 days, depending on the Card.

*Terms apply. Rep 33.5% APR (variable).

This timeline is visualised below:

Here are examples of the calculation using the 60-day payment term of the Amazon Business American Express Card:

• Using the timeline above, imagine you make a purchase one day after the monthly statement is issued, also known as the first day of your new billing cycle. Assuming this scenario, you’ll have an additional 56 days to pay (31 days to transact in the month + 25 days to pay upon invoice receipt)  on top of the 60-day terms, giving you up to 116 days to pay.
• Suppose, instead, that you make this purchase three days later, this would grant you 53 days (remaining 28 days of the month to transact + 25 days to pay upon invoice receipt) on top of the extended terms on top of the 60-day terms, giving you up to 113 days to pay.

Please note that the extended term is interest-free when the full balance is paid on the due date. Amazon Business American Express Card extended payment terms can be used for all amazon.co.uk purchases with no restrictions. However, extended payment terms cannot be used for purchases with other vendors.

How the Amazon Business American Express Cards help manage cash flow

The Amazon Business American Express Cards offer Cardmembers either 60- or 90-day payment terms––which can translate to up to 116 or 146 days to pay.

This is a helpful cash flow management tool to have at your disposal, because you can pay at a later due date, interest free upon punctual payment of the full balance.

Using the Card in this way allows you to delay payment of major purchases by a few months, which can be more cost-effective than financing those high-value spends through a business loan. Regular use of the Card also helps newer businesses to build the company’s credit through on-time payments. This can help your business in the long run––higher credit scores typically yield lower interest rates. This helps you save money on future investments for which you seek out a business loan by allowing you to decide when you would like to pay later, on an as-needed basis.

How to select your Amazon Business American Express Card payment term

On each amazon.co.uk purchase, Cardmembers can flexibly decide when to use extended payment terms as opposed to earning Amazon Rewards Points for the purchase. To better support your organisational needs and optimise strategic management, there are no caps or limitations for the use of extended payment terms for amazon.co.uk purchases. However, you should note that extended payment terms are not available for Card purchases made elsewhere.

Selection of the extended payment term with the Card can be done either at checkout from purchase to purchase, or set as the automatically featured default whenever making purchases through your personalized Amazon Business American Express Card Management Page. To do so:

• At checkout, prior to confirming payment for the purchase, change the default selection to “60-day payment terms” with the Amazon Business American Express Card or “90-day terms” with the Amazon Business Prime American Express Card.
  • The default setting, unless previously changed by the Cardmember is set to collect Amazon Rewards points (i.e., 1.5% back for Amazon Business American Express Card or 2.0% back for Amazon Business Prime American Express Card).

• On your Amazon Business American Express Card Management Page, the default setting can be changed to either 60- or 90-Day Payment Terms or 1.5% or 2% Amazon Rewards for the Amazon Business American Express Card or Amazon Business Prime American Express Card, respectively. When making the Payment Term selection, all your future purchases with the Card will default to extended payment terms. This can be manually adjusted at checkout on a purchase-by-purchase basis.

What’s more, Amazon Business purchases are itemised, making it easy for you to track spending through enhanced data views, including a year-end summary. This helps assess outgoing expenses and payments to understand business expenditure patterns.

Pay at a later due date

The Amazon Business American Express Cards have no annual fee in the first year, and are especially designed to provide businesses benefits on their purchases. Since business needs are dynamic, you have the flexibility to choose what best meets your business needs at the time of every purchase. By extending your payment due date on amazon.co.uk purchases, you can spread your company’s expenses and as needed control your working capital.

Choosing has never been easier. Take advantage of the freedom to choose the payment benefit that works best for your business and to switch your benefit whenever you want.

Here is a quick summary of the extended payment offering available to Amazon Business American Express Card Cardmembers:

• Extended payment terms is a standard Card benefit offering available to all Cardmembers
• Cardmembers can use extended payment terms any time, interest free¹ and at no extra cost, for all amazon.co.uk purchases
• Hold on to your company cash up to 116 or 146 days depending on the Card you hold
• It’s a great tool to support your cashflow, especially on high-value purchases

¹Terms and conditions apply. Purchases are interest-free when paid in full on the due date.

Amazon EU S.a.r.l. is a credit broker and not the lender.

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