The Blue Business Plus Credit Card from American Express Review

This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. Other factors, such as our own proprietary website rules and the likelihood of applicants’ credit approval also impact how and where products appear on this site.

The Blue Business Plus and American Express Blue Business Cash™ Card cards offer nearly identical rewards systems. While the Blue Business Plus Card earns Membership Rewards points, the American Express Blue Business Cash™ Card offers cash back—2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. The Blue Business Plus card is a valuable starter credit card for new businesses because it charges no annual fee and allows maximum flexibility in redeeming rewards. This can help any new company reduce costs, build credit, and adjust to evolving needs early on. You are also permitted to go over your monthly credit limit and even apply for loans in some cases.

Annual Fee

No Preset Spending Limit means your spending limit is flexible. There are no over-limit fees, no enrollment steps to take, and cardholders can continue to earn Membership Rewards points or cash back on purchases above their credit limit. If you’re using your rewards for travel, check out the Capital One Spark Miles for Business card. There’s a $95 annual fee, but the rewards you’ll earn will more than make up the value. Frequent travelers will also enjoy the statement credit for Global Entry or TSA PreCheck that comes with the Spark Miles. If you make any side income from selling things online, driving or Uber, or any other activity outside of your W-2 income, you are probably a sole proprietor and qualify for most business credit cards. The Blue Business® Plus Credit Card from American Express is not one of our top-rated business credit cards.

The Amex Blue Business Plus offers an incredible 2x points on the first $50,000 spent every calendar year, so what are the best cards for everyday spending beyond that? There are lots of great business credit cards out there, though I’d say two are most competitive for everyday spending. No equation is necessary here; the Blue Business Plus Credit Card from American Express is a free, no annual fee business credit card. You don’t have to worry about applying for costly loans and dealing with red tape. That can take time, and time is money, so that alone adds even more value to this business card. This business credit card has quite a few perks compared to similar no annual fee business cards.

Navy Blue Business Cards

If you tend to use AmexTravel.com for your travel bookings for work, the Blue Business Credit Card from American Express sweetens the rewards, even more, earning 3X Membership Rewards. Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. 1% cash back on all eligible purchases after spending $50,000 per calendar year. The unlimited cash back rate of the American Express Cash Magnet Credit Card makes it particularly attractive for regular spenders. However, it may not be worthwhile for small business owners, who make most of their business purchases in the first half of the fiscal year.

• If you’re into collecting points then theAmex Blue Business Plus Card is an absolute must.
• We also assign value to sign-up bonus offers and their initial spending requirements, when present.
• You’ll earn a flat 2% in cash back on all business expenses up to $50,000 per year, and 1% back on any spending past that amount.
• The Blue Business® Plus card is best suited to small businesses that spend in a broad range of categories, and in varying amounts from month to month.
• Blue is so advance and ahead of it’s time far as technology goes.
• Let’s take look at all that the Amex Blue Business Plus card has to offer.

While expanded buying power can be helpful, you should be cautious about how you use it to avoid costly interest charges. Businesses with more than $50,000 in annual spending or that spend significantly in the bonus categories offered by the Chase Ink Business Preferred card may come out ahead of the Blue Business Plus. 3 points per dollar on the first $150,000 spent on travel and select business categories each account anniversary year and 1 point per dollar on all other purchases.

What credit score do you need for an American Express business Card?

Businesses that don’t have expansive budgets and won’t blow through the $50,000 annual spending cap may be better off with the Blue Business Plus card. Since the Spark Cash Plus is a charge card, it may be more difficult to build up credit with the requirement to pay off balances in full each billing cycle.

We may receive compensation from the products and services mentioned in this story, but the opinions are the author’s own. Learn more about how we make money and our editorial policies. Usually this card doesn’t have a welcome bonus because of how valuable the 2x points earning potential is. Military Money Manual has partnered with CardRatings for our coverage of credit card products. Military Money Manual and CardRatings may receive a commission from card issuers.

Best Amex Blue Business Plus Credit Card Complement

If you can transfer them to an airline and get at least 1.5 cents value per point , your points are worth at least $1,500 in award travel. Now, let’s assume you plan to actually use this card to spend on your business each year. With the Blue Business Plus Credit Card from American Express, you do not have to worry about spending categories because you will earn 2X Membership Rewards Points on every single purchase.

• Banks, issuers and credit card companies do not endorse or guarantee this content, are not responsible for it, and may not even be aware of it.
• The Blue Business Cash™ Card from American Express earns 2% back on purchases, up to a spending cap of $50,000 per calendar year.
• Probably one of the best features of the Amex Blue Business Plus Credit Card is a $0 annual fee.
• With such benefits, this card could earn a permanent place in your wallet.
• Other factors, such as our proprietary website’s rules and the likelihood of applicants’ credit approval also impact how and where products appear on the site.

New accounts enjoy no interest on purchases for the first 12 months after account opening – a great perk for a business card with no annual fee. After that they can expect a variable APR based on creditworthiness and other factors as determined at the time of account opening. Tracking expenses and rewards is a breeze for holders of this card because there aren’t any bonus rewards categories to factor into spending. The spending you do with this card earns 2X Membership Rewards points on business purchases up to $50,000 each year, and 1X points on purchases after that.

Current welcome offer

This could make sense for new businesses with startup costs that are likely to happen during those early months of card membership. Just be sure to pay off purchases before the introductory period ends to avoid interest charges.

Here’s a rundown of the main benefits you’ll get as a Blue Business Plus cardholder. If you’re the owner of a small business and want to earn lucrative Membership Rewards points on your everyday business spending, you should consider the Blue Business Plus Credit Card from American Express. Its industry-leading return of 4% (TPG’s valuation) on the first $50,000 spent each year is fantastic — as is the fact you can earn this many points without paying an annual fee. TheAmex Blue Business Plus Cardis one of the most lucrative cards out there. It offers 2x Membership Rewards points on the first $50,000 spent every calendar year, all with no annual fee. On top of that, the card even offers a welcome bonus, and gets you access to Amex Offers. This card is also a good pairing with the Business Platinum Card from American Express or the American Express Gold Card.

In general, American Express takes good care of its customers. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. We have financial relationships with some of the products and services found on this website, we may be compensated if you choose to utilize any of these links when applying. https://quickbooks-payroll.org/ We will only recommend the products that we believe are the best fit for you, the consumer. If you know of a better deal, or disagree with our reasoning please contact us and if appropriate changes will be made. Some people are being offered a sign up bonus of 75,000 points after $15,000 in spend on the American Express Blue Business Plus card.

Sign up for our daily newsletter and join our community for small-business owners. Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. This app takes connecting with people to a whole different The Blue Business level, in a good way of course. In this day and age everyone uses social media for networking, business and personal use what better way to get yourself out there than this, you don’t have to do anything the app does all the work for you. This idea is revolutionary and there is no doubt it’s ahead of its time!

Fortunately, the Spark Cash Plus is a true charge card without a set spending limit, giving you the chance to earn piles of cash back if your business has a lot of big expenses to often cover. The Blue Business Plus credit card is ideal for small business owners who are looking for a card with a simple rewards structure, no annual fee and an intro APR period. The downside is that this would not be a good fit for larger companies spending more than $50,000 a year .

• To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.
• There is no requirement that you run a formal business or have a company legally established as LLC to qualify for a business credit card, but you must be completely self-employed.
• Finding the right credit card for your small business is vital if you want to enjoy spending flexibility and benefit from cash back rewards you can utilize fully.
• It takes only a few minutes to apply for this card and you can prequalify with a soft credit check.
• If you’re looking for a more well-rounded option that allows you to maximize categories where your business spends the most, the Ink Business Preferred card might be a perfect fit.

I use it all the time, especially to transfer points to mileage. Thank you for the heads up re current offers, and the incognito tip reminder. Also there are now 10K referral offers for referrer and referee.

Amex Blue Business Plus Card – Is It Worth It?

Use it as often as possible to wrack up rewards points, and then redeem them in the form of credit off your statement to save money. You may integrate your business credit card account with QuickBooks for auto-expense categorization. The American Express Blue Business Plus Card also comes with purchase protection and extended warranty protection for certain products you buy using the card for up to 90 days. These coverages can help small business owners save money when they may not have the funds to cover unexpected repair or replacement expenses.

It’s rare to find such a lengthy 0% APR offer on a small-business card. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Stay connected with the latest travel, aviation, and credit card news. This looks like a good go to card for anything not covered by larger cashback offers or more points per dollar cards that may be in your quiver. Get email updates on the latest credit card articles and news so you can stay on top of your financial wellbeing. Taking the guesswork out of expense management, The Blue Business® Plus Credit Card from American Express comes with a host of features to help companies track and organize their finances.

Chase Sapphire Preferred or United Explorer Card Offer?

With most credit cards, you either can’t exceed your credit limit or will be charged a fee if you do. If your rewards strategy isn’t that ambitious, like other flat-rate cards, the Blue Business Plus partners especially well with some of the best rewards credit cards that offer higher rates on your biggest bonus categories. The other obvious competitor is theCapital One Spark Miles for Business. Like the Blue Business Plus, it earns 2 miles per dollar on all purchases, although there are some differences. Capital One’s card doesn’t have a spending cap for that earning rate, but it carries a $95 annual fee . When it comes to using the miles, you can redeem them for travel at 1 cent apiece — or you can transfer Capital One miles to 14 airline and three hotel partners.