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American Express’ new souped-up version of its former Blue for Business card has a little bit of something for everyone: Compelling rewards, no annual fee and a lengthy 0 percent introductory offer.

The new card, called the Blue Business Plus Credit Card from American Express, is the only no-annual-fee small business credit card from a major issuer that pays two points for every $1 spent with no category restrictions. You’ll want to compare other popular business credit cards before applying.

The beefed-up rewards structure is capped at the first $50,000 in expenses annually, potentially netting you as much as $1,000 worth of Membership Rewards points to spend on travel, gift cards or as a statement credit. After that, it’s an unlimited one point per $1 spent.

Plus, you can earn an extra 20,000 Membership Rewards points, worth about $200, if you spend at least $3,000 in your first three months of card ownership. If you want rewards, but don’t necessarily need a business card, explore the available bonuses on popular reward credit cards.

Lengthy intro offer

The card also comes with an introductory 12-month, 0 percent APR offer on purchases and balance transfers, a three-month increase over the old iteration of the card. (You may be able to get a 15-month intro offer by applying directly on the American Express website.) The APR after the initial period is a variable 11.99 percent to 19.99 percent.

The lengthy interest-free period could be a boon to those seeking to make a few big purchases to help launch their business. You could use the card to transfer a balance and get a leg-up on paying down some debt, but keep in mind there’s a balance transfer fee of 3 percent of the amount being transferred.

No overlimit fees

The card is also meant to grow with a business, allowing cardholders to go over the pre-set limit without incurring overlimit fees, as long as the overage is paid back before the next billing cycle.

It also grants additional employee cards at no extra cost and lets owners set up employee controls to receive an alert if spending on the card is outside a pre-set category. So, if you’ve only approved employee card usage U.S. gas stations and U.S. office supply stores, you’ll automatically get a notice if the card was used at a restaurant.

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