Written by Amy 3 weeks ago
This flexible, no-annual fee business card offers a simple rewards structure without any bonus reward categories to keep track and unlike most business charge cards, the balance on this credit card doesn’t have to be paid every month.
Review of the The Blue Business Plus Credit Card from American Express
Because The Blue Business Plus Credit Card from American Express is a credit card and not a charge card, it doesn't have to be paid off every month, which offers small businesses the flexibility to finance larger purchases over time. In the process, the cardholder will earn 2X Membership Rewards® points on all purchases (up to $50,000), not just purchases made in select categories. That means you won't have to track your spending categories or choose between brands.
With its Expanding Buying Power, you can spend a certain amount over your business credit limit every billing period. Additionally, because the card offers a 0% introductory APR, you could use it to finance a large business purchase and pay off the balance within 15 months, before the regular APR kicks in.
Unlike some “business” cards, the activity on this card is reported to the Small Business Finance Exchange, the most commonly used business credit reporting bureau. Therefore, using this card responsibly will help your business to build its credit.
Cardholders also get all the standard benefits that come with every Amex Business Card, including:
- Spend Manager
- Employee Cards
- Account Manager
- Account Alerts
- Year-End Summary
- Online Statements
- Dispute Resolution
The Bottom Line
This is a good business starter card for small business owners with everyday business expenses that don’t fit into neat categories, don’t spend more than $50,000 a year, and don’t travel frequently enough to justify a travel-based rewards card.