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American Express Blue Business Cash™ Card

Credit needed
Good
APR
13.24% to 19.24%
Annual Fee
$0

Card Summary

American Express Blue Business Cash Card offers a rewards credit card for businesses. The card earns 2% cashback on eligible purchases up to $50,000 annually. After that, it is 1%. The annual fee is $0 (See Rates and Fees).

Benefits of the American Express Blue Business Cash Card include purchase protection, rental car loss and damage insurance and extended warranty coverage.

There is also a hotline for Global Assist.

The card may be suitable for those who are looking for a basic rewards scheme and no annual fees.

The card's foreign transaction fees might make it less appealing to consumers who regularly shop outside of the U.S.

Card Summary - Cons

Rates and fees

Issuer Name
American Express
Penalty APR
Variable: 29.24% Purchases Intro APR. Purchases for twelve months starting at the date of account opening: 0%
Credit Needed
Good
Balance Transfer Fee
N/A
Annual Fee
$0
Cash Advance Fee
N/A
APR
13.24% to 19.24%
Foreign Transaction Fee
After conversion to US Dollars, 2.7% of every transaction is retained.
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Here’s a smart way to pay off

American Express

The Best Features

For the first $50,000 of eligible purchases each year, cardholders receive 2% cashback and then 1% thereafter.

Customers receive cash back bonuses that are automatically added to their billing statements.

Annual fee: American Express Blue Business Cash Card charges $0 annually.

Purchases: Zero percent APR introductory rate

Rewards

Sign up bonus

APR Requirements

Drawbacks

Fees: American Express Blue Business Cash Card charges 2.7% foreign transaction fees, a $39 return payment fee, and $39 late fees.

Highlights

After you spend $3,000 on your card within the first three months, receive a $250 credit to your account.

You can earn 2% cashback on eligible purchases up to $50,000 in a calendar year. Then, you will get 1%. All cash back you earn is automatically added to your account.

Expanded Buying Power adjusts based on your Card use, payment history, credit score, financial resources, and other factors. 1.0% intro APR for purchases within 12 months of account opening.

After that, variable rates of 13.24% to 19.24% will apply based upon creditworthiness, other factors, and the terms of the account opening.

Benefits

With the American Express Blue Business Cash Card, you have purchase protection, vehicle rental damage and insurance, an extended warranty, and access to a Global Assist Hotline.

Cardholders of the Ink Business Cash Credit Card have access to benefits such as travel and emergency services, roadside dispatch and purchase protection.

Comparative Analysis with Other Cards

American Express Blue Business Card vs. Bank of America Customized Cash Rewards credit card

Annual fees: There is no annual fee for either card.

Reward: For the first $50,000 in eligible purchases each year, American Express Blue Business Cash Card receives 2% cashback and then 1% thereafter.

Bank of America Customized cash Rewards credit card offers 3% cashback in cardholder's choice category, 2% cashback at wholesale clubs and grocery stores on first $2,500 combined, and 1% cashback on all other purchases. The 3% bonus category includes gas, internet shopping, drugstores and home improvements, as well as dining.

After you spend $3,000 on American Express Blue Business Cash Card purchases in the first three months, your card will earn a $250 credit to your account.

After you have made at least $1,000 of purchases within the first 90 day of opening your account, the Bank of America Customized Cash Reward credit card will give you a $200 cash bonus.

Benefits: An American Express Blue Business Cash Card offers benefits such as purchase protection, rental car loss and damage insurance and extended warranty coverage. There is also a Global Assist hotline.

Benefits of the Bank of America Customized Cash Rewards credit cards include fraud monitoring, free monthly FICO score access and $0 liability for fraudulent transactions.

Overdraft protection is also available when a Bank of America eligible checking account has been linked to it.

Redeeming Rewards

Maximizing Rewards

Annual Fees

Conclusion

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No late fees. Reduced interest charges. Pay off

American Express