Blue Business Plus Credit Card from American Express Review
With the Amex Blue Business Plus card, you can earn double the rewards on up to $50,000 in purchases. In addition, there are no spending categories you have to meet to earn these points, the card comes with a 0% intro APR on purchases offer, and there’s no annual fee.
This article will review the pros and cons of the Blue Business Plus card, who it’s best for, as well as some alternatives you can consider.
About the Blue Business Plus Credit Card
There are several American Express business cards to choose from, but there are a few things that make the Blue Business Plus card unique. Cardholders can earn twice the points on the first $50,000 they spend on the card. After that, you’ll receive one point per dollar spent.
Another advantage of this card is that it reports positive activity to credit bureaus. That makes it a great option for anyone looking to build and improve business credit.
The card comes with an introductory 0% APR, so you can fund a large business expense without worrying about racking up interest charges. And unlike other business credit cards, there’s no annual fee.
The Blue Business Plus card doesn’t come with an introductory cash back bonus, so you’ll want to consider another card if that’s something you’re looking for. Also, if you spend more than $50,000 in business purchases per year, you can probably find better rewards elsewhere.
Still, this card is an excellent option for any business that’s looking to earn credit card rewards, without having to deal with confusing spending categories.
Benefits and Rewards with Blue Business Plus
The Amex Blue Business Plus offers several rewards and benefits that can be helpful to small business and startups owners. Below, we’ll provide an overview of what you’ll receive when you use this card:
- The card comes with an introductory 0% APR for the first 12 months.
- You’ll receive double the points on the first $50,000 spent. After that, you’ll earn one point for every dollar spent.
- Cardholders have the option to spend above their credit limit to a certain amount.
- American Express reports positive activity to the credit bureaus, which could help you build business credit.
- You can receive up to 99 employee cards for free.
- There are no business categories you’ll need to meet to earn cash back rewards.
Pros and Cons
It’s important to consider the advantages and disadvantages of any credit card you’re thinking about applying for. This can help you determine whether the card is the best option for your situation.
Pros of the Blue Business Plus Credit Card
- An affordable option: The card comes with a 0% introductory APR, and there’s no annual fee. This makes it a simple, affordable option for most business owners.
- Straightforward rewards: If you don’t want to worry about tracking spending categories, this could be a good card for you. Instead of earning different points based on where you’re spending your money, you’ll earn double the points on the first $50,000 you spend.
- Can build business credit: American Express will report positive payment activity to the credit bureaus, so this could help you build business credit.
- Useful for managing cash flow: American Express gives businesses the option to spend a little bit beyond their credit limit. So, if you need to fund an unexpected business expense, this feature gives you some added flexibility.
Cons of the Blue Business Plus Credit Card
- No welcome offer: When you sign up for this card, you won’t earn a one-time cash bonus. If receiving a welcome offer is of interest to you, you might want to consider an alternative small business credit card.
- Charge foreign transaction fees: The Blue Business Plus card charges a 2.7% foreign transaction fee, so it isn’t a great option for anyone that travels internationally.
- You could earn better rewards elsewhere: If you spend more than $50,000 per calendar year on business expenses, you can probably earn better rewards with another card.
If you want to receive our newly published articles directly into your e-mail inbox, you should subscribe to our newsletter below:
Alternative Small Business Credit Cards
- Ink Business Unlimited Credit Card: This card offers a 0% introductory APR, generous cashback rewards, and a $500 cashback bonus. It’s a good option for anyone that likes the Blue Business Plus card but wants a welcome bonus.
- Capital One Spark Cash for Business: This card comes with a large cash signup bonus and generous ongoing rewards. Plus, there are no foreign transaction fees, so it’s a good option for international travelers.
- Capital One Spark Miles for Business: This card is one of the best options for anyone that regularly travels for business. It comes with a generous welcome offer and travel rewards.
The Blue Business Plus Credit Card from American Express is a good card for business owners that are looking for an affordable way to manage cash flow.
Although the cash back rewards aren’t as generous as what you’ll get with other cards, it’s a good choice for anyone that wants a simple approach to earning credit card rewards.
Frequently Asked Questions
How does the Blue Business Plus Credit Card work?
With this card, you’ll earn twice the points on the first $50,000 you spend on business expenses. Beyond that, you’ll receive a point for every dollar you spend, so there are no spending categories to keep track of. There’s also no annual fee, and the card comes with a 0% introductory APR. So it’s a simple, affordable way for businesses to manage cash flow.
What are the pros and cons of using this card?
This card provides a straightforward approach to earning cash back rewards. And there’s no annual fee or spending categories, which many people like. Plus, using this card can be a good way to build business credit.However, the card does come with hefty foreign transaction fees, so it’s not a great option for international travelers. And you could earn better rewards with another credit card.
Who is this card a good option for?
This card is a good option for small businesses and startups looking for an affordable way to fund business expenses. It’s also a good option for business owners that want to earn credit card rewards without dealing with spending categories.
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved, or otherwise endorsed by any of these entities.