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The Business Green Rewards Card from American Express is now offering a new limited-time offer. Anytime there is a limited time offer it is very tempting to jump blindly on the offer so that you do not miss out. In this case though you really want to examine the alternatives you have for the offer because this limited time offer is just not that attractive. Here is a look at the new Business Green Rewards Card offer.

The new Business Green Rewards Card offer

• Earn 3X on the first $50,000 spent in combined purchases during the first three months of card membership on:
  • U.S. Restaurants
  • Hotels (booked directly)
  • Airfare (booked directly)
• 2X on American Express Travel purchases.
• 1X on all other purchases
• $95 annual fee
• This offer expires on November 6, 2019.

This is probably not a limited time offer that you want to jump on. Essentially, the limited time offer gives you half of the earning potential of the card like the Chase Sapphire Reserve, but only gives it to you for up to $50,000 in spend and only for three months. This is just not an attractive offer whatsoever, in my opinion.

Instead, if you are in the market for a new card you are much better off going with a different type of rewards card that sets you up for long-term earnings. If you are under Chase 5/24 (five accounts opened up in the last 24 months), I’d go with the Chase Ink Business Preferred Credit Card or Chase Ink Cash over this card any day.

The Chase Ink Business Preferred Credit Card has a high sign-up bonus of 80,000 points after you spend $5,000 in the first three months. The card also earns 3X per $1 on the first $150,000 spent in combined purchases on all of the following categories:

• Travel, including airfare, hotels, rental cars, train tickets and taxis
• Shipping purchases
• Advertising purchases made with social media sites and search engines
• Internet, cable and phone services

The Chase Ink Cash earns 5% cash back on the first $25,000 spent in combined purchases each account anniversary year at:

• Internet
• Cable
• Phone services
• Office supply stores

And it also earns 2% cash back on the first $25,000 spent in combined purchases each year at:

• Gas stations
• Restaurants

You might also think about the Amex Business Gold Card, which allows you to earn 4X points on the two select categories where your business spends the most each month and it applies to the first $150,000 in combined purchases from these two categories each calendar year.

You can choose from the following:

• Airfare purchased directly from airlines
• U.S. purchases for advertising in select media 
  (online, TV, radio)
• U.S. purchases made directly from select 
  technology providers of computer hardware, 
  software, and cloud solutions
• U.S. purchases at gas stations
• U.S. purchases at restaurants
• U.S. purchases for shipping

The Amex Business Gold Card does come with a very high annual fee of $295, though, and it currently does not offer a standard welcome bonus of Membership Rewards.

Or if you are in the market for a personal rewards card then going forth the Chase Sapphire Reserve or Chase Sapphire Preferred would be a much better option if you are under 5/24.

Sometimes when it comes to these niche offers it is possible to find a group of people who would benefit a lot from them. But in this case, I just don’t see people benefiting a lot from this card when there are other options that will serve your needs much better in the long-term and also offer better short-term returns.

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Final word

Obviously, I am not too excited about this offer. However, it is interesting that the rumors are circulating about the changes to the personal Green Card right now and this new offer just came out for the business version. This could be more evidence that we will see changes to the personal Green Card very soon. Let’s just hope that they are much more impressive than these limited time changes.