Amex Blue Business Plus Review
The American Express Blue Business Plus Credit Card is designed for business owners looking to earn rewards on their spending. This review provides insights into the card's rewards structure, annual fees, and how it benefits businesses.
The American Express Blue Business Plus Credit Card is a popular choice among small business owners and entrepreneurs. It offers a unique combination of features that can be highly beneficial for those looking to earn rewards on their business spending and manage cash flow. Keep in mind that credit card terms and benefits can change over time, so it's important to verify the most up-to-date information on American Express's website or through reliable sources. Here's a general review of the American Express Blue Business Plus Credit Card based on its features up to that point:
Key Features and Benefits:
Membership Rewards: The card typically earns American Express Membership Rewards points, which can be quite valuable. Cardholders earn points for every dollar spent on eligible purchases.
No Annual Fee: The American Express Blue Business Plus Card typically doesn't have an annual fee. This is an attractive feature for small business owners who want to maximize their rewards without incurring extra costs.
0% Introductory APR: This card often comes with a 0% introductory APR on purchases for a certain period, which can be a valuable feature for managing cash flow and financing business expenses.
Flexible Rewards: Membership Rewards points can be used for a variety of purposes, including travel, gift cards, merchandise, and more. You can also transfer points to airline and hotel loyalty programs.
Business Account Management Tools: American Express provides tools and resources for managing business expenses, which can help streamline financial management for business owners.
Employee Cards: You can typically issue employee cards at no additional cost. This can help you earn more rewards while keeping track of your business expenses.
Purchase Protection: The card often offers purchase protection, which can cover eligible purchases against damage or theft for a specified period.
Drawbacks:
Credit Score Requirement: To qualify for the American Express Blue Business Plus Card, you typically need a good to excellent credit score. This may limit access for some small business owners.
Foreign Transaction Fees: Depending on the card's terms, it may charge foreign transaction fees, making it less suitable for international business travel or purchases from foreign vendors.
Rewards Limitations: While the rewards program is flexible, some other business credit cards may offer higher rewards rates in specific categories that are more beneficial for certain businesses.
Lack of Travel Benefits: The card may not offer extensive travel-related perks such as airport lounge access or travel insurance, which some premium business credit cards provide.
Changing Terms: Credit card terms and benefits can change over time, so it's important to stay updated on the latest cardholder agreements and terms.
The American Express Blue Business Plus Credit Card is a solid choice for small business owners looking for a no-annual-fee card with the flexibility to earn valuable Membership Rewards points. Its introductory APR offer can be particularly useful for managing cash flow. However, the specific terms and benefits may have evolved since my last update, so I recommend checking the current details before applying.
Analyzing the features and rewards of the American Express Blue Business Plus Credit Card..
Analysis of the features and rewards of the American Express Blue Business Plus Credit Card
The American Express Blue Business Plus Credit Card is a good option for small business owners and entrepreneurs who want to earn rewards on their business spending. The card offers a generous sign-up bonus, a simple rewards structure, and a variety of valuable perks.
Features:
- Sign-up bonus: New cardholders can earn a sign-up bonus of $300 statement credit after spending $3,000 on purchases within 3 months of account opening.
- Rewards: Earn 2 Membership Rewards points per dollar on all eligible purchases.
- No annual fee: The American Express Blue Business Plus Credit Card has no annual fee.
- Purchase protection: Your purchases are protected against fraud for up to 90 days after the purchase date.
- Extended warranty: You'll receive an extra year of warranty protection on eligible purchases.
- Travel benefits: You'll receive travel insurance benefits, such as trip cancellation/interruption insurance and lost luggage reimbursement.
Rewards:
The American Express Blue Business Plus Credit Card earns 2 Membership Rewards points per dollar on all eligible purchases. Membership Rewards points can be redeemed for a variety of rewards, including:
- Travel: You can redeem your points for travel booked through Amex Travel, or you can transfer your points to a variety of airline and hotel partners.
- Statement credits: You can redeem your points for statement credits to offset your purchases.
- Gift cards: You can redeem your points for gift cards to a variety of retailers and restaurants.
- Merchandise: You can redeem your points for merchandise from the American Express Rewards Catalog.
Perks:
The American Express Blue Business Plus Credit Card offers a variety of valuable perks, including:
- No foreign transaction fees: Use your card overseas without paying any foreign transaction fees.
- Amex Offers: Receive exclusive discounts and offers from American Express merchants.
- Global Assist: Get assistance with travel and emergency situations 24/7.
- Purchase protection: Your purchases are protected against fraud for up to 90 days after the purchase date.
- Extended warranty: You'll receive an extra year of warranty protection on eligible purchases.
- Travel benefits: You'll receive travel insurance benefits, such as trip cancellation/interruption insurance and lost luggage reimbursement.
Overall, the American Express Blue Business Plus Credit Card is a good option for small business owners and entrepreneurs who want to earn rewards on their business spending. The card offers a generous sign-up bonus, a simple rewards structure, and a variety of valuable perks.
Here are some additional things to consider when evaluating the American Express Blue Business Plus Credit Card:
- Rewards redemption: Membership Rewards points are worth the most when redeemed for travel booked through Amex Travel. However, they can also be redeemed for cash back, statement credits, merchandise, and gift cards at a lower value.
- Credit score: A good/excellent credit score is required to qualify for the American Express Blue Business Plus Credit Card. If you have a lower credit score, there are other business credit cards that you may be able to qualify for.