Benefit terms
Setting up the Corporate CashBack® Program will require additional documentation.
How you will get the cash back:
You will receive cash back as a statement credit. For you to earn your one percent (1%) statement credit, American Express must receive and post your full payment for all of the transactions included on your billing statement prior to your next statement date. You will not receive a statement credit if your Card account is cancelled or in default. Only available for companies with $4-300 million in annual revenues.
The following transactions are not eligible purchases and you will not earn the cash back statement credit for them: purchases of American Express® Travelers Cheques or American Express® Gift Cheques; foreign currency purchases and any related fees; convenience check transactions; purchases and reloads of prepaid cards; Card account fees and charges (including but not limited to late payment fees, Card account annual fees, interest charges, and delinquency charges) ;fees for Card Member services you enroll in or enroll your employees in.
Your company can maintain multiple rewards programs (Corporate CashBack®, Corporate Membership Rewards®, Membership Rewards®) at once. Each Corporate Card can earn one rewards type. Corporate CashBack® is available for US Corporate Green Cards only.
The annual fee for Corporate CashBack® is $90 and will be billed to the Card Member’s account.
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