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Amazon Business American Express Card vs Capital on Tap Business Credit Card 2024

investor.com

Written by investor.com

December 18, 2023

In head-to-head competition, which of these rewards credit cards wins out? Here’s what each has to offer and how they fare when put to the ultimate test — the cash back you’ll earn for using them.

Amazon Business American Express Card
3% back or 60-day terms on U.S. purchases at Amazon. Terms and cap applies. 2% back at U.S. restaurants, gas stations, and wireless telephone services purchased directly from service providers. 1% back on all other eligible purchases. Get a $100 Amazon.com gift card upon approval.

Capital on Tap Business Credit Card
Earn 1.5% cashback on all purchases. Credit limits up to $50,000. No foreign exchange fees. Apply in two minutes and get a response within 48 hours. Applying won’t affect your credit score. Get $200 back if you spend $15,000 in your first three months.

Credit Card Calculator
Monthly Spend
Spend Categories expand_more
Clear All
dining Dining
local_gas_station Gas
monetization_on Other
card_travel Travel
phone_iphone Cell Phones
print Office Supplies

Amazon Business American Express Card

Read review
Amazon Business American Express Card Logo
Cashback Per Year
$...
Annual Fee
$0
Welcome Bonus
an $100 Amazon Gift Card

Capital on Tap Business Credit Card

Read review
Capital on Tap Business Credit Card Logo
Cashback Per Year
$...
Annual Fee
$0
Welcome Bonus
$200
Want to compare more cards? Use our full calculator.

Which credit card earns more cashback overall?

Based on identical spending inputs, you’ll earn $464.40 cashback per year with Amazon Business American Express Card and $464.40 with Capital on Tap Business Credit Card. For context, the average annual rewards payout from the business rewards credit cards in the investor.com database is $181.73.

The annual rewards payout assumes you charge $2,580 each month spread across the following spending categories: Cell Phones ($516), Dining ($516), Gas ($258), Office Supplies ($387), Travel ($387), and Other ($516). The dollar amounts for each category are based on average small-business spending data (how much business spend proportionally in each category) from the U.S. Bureau of Labor Statistics and other sources. We encourage you to use our business card rewards calculator to customize the amounts based on your business’s actual spending patterns.

To ensure the most accurate results possible, the rewards calculations for Amazon Business American Express Card and Capital on Tap Business Credit Card incorporate bonus rewards rates, spending caps, default rewards rates and annual fees, where applicable.

Is the Amazon Business American Express Card good?

Time or money? You decide between a 3% rewards rate on Amazon-related spending or taking 60 extra interest-free days to pay it off. It’s not quite as dramatic as “Sophie’s Choice” (available for rent on Amazon Prime). But we’ll take any opportunity to invoke this 1982 classic starring Meryl Streep in a credit card review.

thumb_up Likes

  • Choice of cashback (3%) or more time to pay on Amazon-y purchases
  • 2% on dining, gas and gab (cell services)
  • $100 gift card upon approval, no spending requirement
  • $0 annual fee
  • Amazon Prime membership not required
  • No foreign transaction fee
  • Potential referral bonus
  • Includes Amex perks

thumb_down Dislikes

  • 3% rewards/60-day no-interest apply only to Amazon purchases
  • Choose the 60-day financing and you forgo cashback rewards
  • Default cashback rate is just 1%
  • $120,000 annual cap on 3% eligible spending
  • Redemption minimums revealed upon approval. Weird.
  • Balance transfers not allowed


Category Default Rate Bonus Rate Bonus Spend Cap Bonus Spend Period (Months)
Cell Phone 2.00% - - -
Dining 2.00% - - -
Gas 2.00% - - -
Travel 1.00% - - -
Office Supplies 1.00% - - -
Other Purchases 1.00% - - -

Is the Capital on Tap Business Credit Card good?

If you’ve got a rock star credit record, are approved for a high credit line and a low ongoing APR (we’re talking as low as 9.99%), and can make do with a 1.5% cashback business credit card without tons of frills, the no-fee Capital on Tap Business credit card just might do, as long as your business qualifies.

thumb_up Likes

  • Simple no-fuss 1.5% cash back on all purchases
  • No rewards caps or categories to track
  • High potential credit line — up to $50K
  • Low 9.99% potential APR
  • No annual fee
  • No foreign transaction fees
  • Applying doesn’t impact your credit score

thumb_down Dislikes

  • High $15K spending requirement to earn $200 sign-up bonus
  • No balance-transfers allowed. Period
  • No intro APR on new purchases or balance transfers
  • High end of the range of potential APRs is in nosebleed territory
  • 10% minimum monthly payment requirement
  • Sole proprietorships and charities/non-profits need not apply


Category Default Rate Bonus Rate Bonus Spend Cap Bonus Spend Period (Months)
Cell Phone 1.50% - - -
Dining 1.50% - - -
Gas 1.50% - - -
Travel 1.50% - - -
Office Supplies 1.50% - - -
Other Purchases 1.50% - - -

compare_arrows Compare cash back credit cards

Select and compare two credit cards head to head to see which offers the most bang for your buck.


Select Credit Cards

×
  • check_box_outline_blankcheck_boxAmazon Business American Express Card
  • check_box_outline_blankcheck_boxAmazon Business Prime American Express Card
  • check_box_outline_blankcheck_boxAmerican Express Blue Business Cash
  • check_box_outline_blankcheck_boxAmerican Express Plum Card
  • check_box_outline_blankcheck_boxBank of America Business Advantage Customized Cash Rewards
  • check_box_outline_blankcheck_boxBank of America Business Advantage Unlimited Cash Rewards
  • check_box_outline_blankcheck_boxCapital on Tap Business Credit Card
  • check_box_outline_blankcheck_boxCapital One Spark 1.5% Cash Select
  • check_box_outline_blankcheck_boxCapital One Spark 1.5% Cash Select for Good Credit
  • check_box_outline_blankcheck_boxCapital One Spark 1% Classic for Business
  • check_box_outline_blankcheck_boxCapital One Spark 2% Cash Plus
  • check_box_outline_blankcheck_boxChase Ink Business Cash Card
  • check_box_outline_blankcheck_boxChase Ink Business Unlimited Card
  • check_box_outline_blankcheck_boxCostco Anywhere Visa Business Card by Citi
  • check_box_outline_blankcheck_boxTD Business Solutions Credit Card
  • check_box_outline_blankcheck_boxTruist Business Cash Rewards Credit Card
  • check_box_outline_blankcheck_boxU.S. Bank Business Leverage Visa Signature Card
  • check_box_outline_blankcheck_boxU.S. Bank Triple Cash Rewards Visa Business Card

Compare

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Methodology

The results of the investor.com Credit Card Business Rewards Calculator are based on the monthly spending amounts you enter and the annual dollar value of the rewards each credit card program pays per $1 spent. Credit card companies often express this payout amount as a percentage (e.g., 1.5% of every dollar spent) or on a points basis (e.g. ,1.5 points for every dollar spent). We converted all of them to a dollar amount (“Cash Back Per Year”) to make comparing offers easier.

To calculate the amount of cash back you could earn per year, we factored in:

  • Tiered rewards rates: Some business cards pay a flat cashback rate on all purchases. Others pay higher cashback rates on purchases that fall under specific spending categories. The investor.com algorithm incorporates each issuer’s unique reward’s program to determine the “Cash Back Per Year” tally.
  • Spend category inputs: Based on the rewards cards in our database, cell phones, dining, gas, office supplies, travel and "other" are the categories most often used by business credit cards that feature tiered rewards programs. We encourage you to customize the monthly spend inputs for the most accurate results.
  • Monthly spend: The default dollar amounts for each spend category in the Business Credit Card Calculator are based on average small-business spending data from the U.S. Bureau of Labor Statistics and other sources. Click the arrow on the “Spend Categories” to customize the monthly spend inputs and find the business card with the highest payout rate for your small-business spending.
  • Rewards spending caps: Some cards impose category- or time-based limits (monthly, quarterly, annually) that affect the amount of rewards you can earn. For example, a card may pay 3% cash back on office supplies on up to $1,000 of spending each quarter, then revert to the base/default rewards rate until the following quarter. We accounted for bonus spending caps and timeframe in the calculations.
  • Default rewards rates: Purchases that exceed a spending cap are usually subject to a lower default rewards rate (e.g., 1% or 1.5%). We mathed that out too.
  • Annual fees: If a rewards card charges an annual fee, we deducted that amount from the “Cash Back Per Year” total to provide a true accounting of a card’s annual rewards payout.

What’s not included in the “Cash Back Per Year” total is the cash value of any sign-up/introductory bonus. We highlight any Welcome Bonus separately. While sign-up bonuses can be the most lucrative part of getting a new cashback rewards credit card, not everyone will want or be able to do what it takes to earn the extra cash. (It usually requires spending a certain amount in a specified time period after the card is activated.)



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