Amazon is adding some new perks for its Business Prime program, headlined by a new credit card offered with American Express.
The credit card has no annual fee and includes the choice of 5 percent back or 90-day interest free payments for Business Prime members on purchases from Amazon Business, Amazon Web Services, Amazon.com and Whole Foods stores. The card is available in the U.S. and is one of several new benefits rolling out for Amazon Business customers.
- Business Prime members in more than 8,000 cities can now get one-day and same-day shipping on more than 1 million items for orders over $35.
- Spend Visibility gives users the ability to visualize their company spending, powered by AWS QuickSight.
- Guided Buying is designed to let account administrators set limits and preferences on purchasing to allow spending to fall in line with company policies.
- Qualifying Business Prime members can extend payments via invoice from 45 to 60 days.
Amazon Business sells everything from office supplies to medical equipment both directly and through third-party sellers. The company has said more than 150,000 third-party sellers are on the Amazon Business platform and they account for more than half of sales.
Plans start at $179 per year for three people, $499 for up to 10 people, $1,299 for up to 100 people and $10,099 for enterprises of more than 100 people.
Amazon Business launched in the U.S. in 2015, and it has since expanded to cover eight countries and boasts “millions of business customers.” Amazon says it counts as customers 80 percent of the 100 largest education organizations, 55 of the Fortune 100 companies, more than half of the 100 biggest hospital systems and 40 percent of the 100 biggest local governments.
Last month, Amazon Business hit $10 billion in sales for the year, reaching that milestone faster than the company’s profit machine Amazon Web Services.