It is possible to receive benefits for your workers' business travel.
Travelers earn miles for every flight they take with the American Airlines American Express® Business Extra Corporate Card, while businesses gain flight discounts and extra points that can be spent for, you guessed it, travel.
This card is for whom?
Businesses that depend on American Airlines and its Oneworld partners, including British Airways, Iberia, Finnair, Qantas, and Japan Airlines, find the American Airlines American Express Business Extra Corporate Card to be particularly appealing. You don't have to be a large organization or a big spender to benefit from the card's perks, though.
Anyone who operates as a sole proprietor — a type of firm that doesn't need to file any paperwork — is eligible to apply for a corporate card.
The card has no minimum spending limitations, and rewards points expire after three years.
But be careful – unlike personal mileage accounts, where activity usually extends this timescale.
Look at this card more closely.
First-time Bonus: Avoid holding your breath
If you're hoping for a sizable welcome bonus, you'll likely be let down.
Although there is no initial welcome benefit of any type, this card does provide numerous possibilities to accumulate points, miles, and travel discounts through spending.
Primary advantages and perks
The American Airlines American Express Business Extra Corporate Card offers a 6% return on the first $1.5 million in qualified American Airlines travel purchases made each year, as well as 4 Business Extra points for every $20 spent on the base fare of such flights.
Benefits aren't as plentiful for businesses with active corporate contracts with American Airlines, though.
Rebates are capped at 1% for businesses that already have pre-negotiated airline discounts in place.
Additionally, cardholders receive $50 off of airfare for every $5,000 in qualifying purchases.
Discounts are only redeemable for base airfares, not for taxes, fees, or other charges, and are limited to $1,000 per cardholder per calendar year.
The only need for cardholders is the registration of an email address. Refunds are issued eight to ten weeks after the end of each quarter, and they are valid for one year.
How to gain points
Companies receive points for money spent on American Airlines American Express® Business Extra Corporate Cards in addition to earning AAdvantage miles for employees who fly on American Airlines.
For every $5 in eligible American Airlines flight purchases made with the card, businesses receive one business bonus point. Additionally, they receive one point for every $20 in other eligible spending.
The usage of Business Extra points is permitted for travel, accommodations, club access, and status rewards.
How to use your points
The easiest method to maximize your point value is to use them on flights and upgrades.
When at least one section of the trip is on British Airways or Iberia, points can be exchanged for award tickets on American Carriers or on partner airlines.
Details regarding the AA Amex Business Extra Corporate Card that are obscure
It's not quite as simple to use your Business Extra miles as it is to use your own American AAdvantage miles.
To receive awards, anticipate taking a little longer to deal with bureaucracy.
To begin with, each reservation must include your Business Extra account number, and you must use a specific gateway to redeem points.
Even while it might seem inconvenient, it's a significant improvement from last year, when rewards redemption required a phone call.
Is the annual fee worthwhile?
The annual charge for this card is up to $75, but considering how much money your business spends on travel, it can be well worth it.
The annual cost is repaid with just $1,300 in American Airlines airline purchases.
If a business spent $1.5 million on American Airlines flights to use all of the card's flying rewards, they would receive $90,000 in rebates, making the $75 yearly charge seem little.
The yearly charge for the card may be lower than $75 based on previously agreed-upon discount agreements.
In conclusion
This might be the card for you if you're an entrepreneur with a sizable staff and fly with American Airlines the majority of the time.
Its ability to double-dip is its most alluring characteristic.
Employees accrue miles for their journeys, while businesses receive rewards and reimbursements for their travel costs.
It really is a win-win situation, especially if you're an American Airlines loyalist and the owner of a firm as well as a frequent business traveler.
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