The Blue Business℠ Plus Credit Card from American Express Review

Advertising Disclosure
Bankrate Score
Learn about the Bankrate score

Small business owners will love the flexibility of this card.

This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our business category page.

If you’re looking for a flexible business card to fit your small business needs, you should consider The Blue Business℠ Plus Credit Card from American Express.

Review

The Blue Business Plus Credit Card from American Express is their most flexible no annual fee business credit card. Cardholders can earn 2x points on up to $50,000 in purchases each year and 1x points for purchases after that. It’s great for small business owners who want a rewards card without a hefty annual fee or for larger business owners looking to supplement a higher-yield rewards card with category restrictions.

This card comes with standard American Express perks like Purchase Protection and Extended Warranty, plus travel benefits such as the Baggage Insurance Plan, Travel Accident Insurance, Roadside Assistance Hotline and more. Another unique feature to this card is Expanded Buying Power, which gives business owners the ability to spend above their credit limit (subject to terms and restrictions based on your creditworthiness) to help small businesses tackle unexpected expenses.

You can add employee cards to your account with no annual fee, designate an account manager to help deal with business matters when you’re not available and connect your account to Quickbooks® where you can label and transfer your transaction data to help you easily keep up with monthly expenses and receipts.

There are advantages and drawbacks to choosing the Blue Business Plus card over other American Express business card options such as its counterparts, The Business Platinum Rewards Card from American Express and The Business Gold Rewards Card from American Express. This card has a substantially lower maximum rewards rate than the top-tier business cards from American Express, but it also has no annual fee. If you are the owner of a larger company that spends a lot of money in certain categories such as travel or computer software, the Platinum or Gold might be a better option as your main business card. Smaller business owners who want a solid rewards rate without having to juggle category restrictions or a large annual fee will really enjoy the simplicity of the Blue Business Plus Credit Card.

This card is also a strong option as a supplemental rewards card or balance transfer card for larger businesses. If you currently have a business credit card with category restrictions on its top-tier rewards rates, you can use this card to cover expenses that don’t fall into those categories to maximize your rewards potential. You can also utilize this card’s 0% APR intro period to quickly pay down debts without interest.

The bottom line: If you’re looking for a flexible business credit card with good travel perks, a simple way to earn rewards and no annual fee, you’ll enjoy the Blue Business Plus Card from American Express.

Who should get this card

This card is a great fit for small business owners who need a good rewards credit card but don’t want the hassle of category restrictions or a high annual fee (looking at you, freelancers). The $50,000 purchase cap on the 2x rewards rate may be a deal breaker for larger businesses that spend more than that on expenses, but the fact that you can earn 2x points across all spending categories is an attractive benefit for smaller business owners.

Advantages
  • Cardholders have flexible redemption options — travel, gift cards, shopping, entertainment, merchandise, charity and more.
  • This card comes with no blackout dates for travel and no expiration on rewards points.
  • There’s a 0% intro APR offer for the first 15 months.
  • No annual fee, which is uncommon in a business card of this caliber.
Disadvantages
  • While American Express allows cardholders to transfer points to many partners at a 1:1 ratio, you have to pay a fee to book airfare through the American Express portal or to transfer your points to a frequent flyer program.
  • Currently, there is no introductory bonus for this credit card. Considering the best business credit cards have a substantial intro offer available, this is a big drawback.
  • The spending cap on 2x points accrual makes this card less suitable for larger businesses.

Fees & APR

  • No annual fee.
  • 0% introductory APR on purchases and balance transfers for 15 months. After that, your APR will be a variable 13.24%, 17.24% or 21.4% based on your creditworthiness and other factors.
  • There is a 2.7% foreign transaction fee after conversion to US dollars.
  • The balance transfer fee is $5 or 3% of each transfer, whichever is greater.
  • A penalty APR of 29.99% may apply for at least 12 billing periods after multiple late payments, missing your minimum payment or making a payment that is returned.
  • A late fee of up to $38 may apply.
  • See all Rates & Fees.

Extras, perks and using rewards

Small business owners will enjoy the ability to earn 2x points on up to $50,000 in purchases every year, plus the array of business and travel perks that American Express offers cardholders. Whether you travel for your business or just need a simple way to earn rewards while tracking expenses, the Blue Business Plus Credit Card from American Express is a great option to add to your wallet.

While there isn’t a current introductory bonus offer available, that hasn’t always been the case. It’s possible that American Express will begin offering a bonus for new cardholders at some point in the future, which is something to keep in mind.

How this card compares

Ink Business Cash Credit Card

Ink Business Cash℠ Credit Card
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • Earn 1% cash back on all other card purchases with no limit to the amount you can earn

This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our business category page.

Credit Needed

Excellent

Regular APR

0% fixed Intro APR for the first 12 months that your Account is open. After that, 15.24% to 21.24%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.

Annual Fee

No Annual Fee.

Balance Transfers Intro APR

0% fixed Intro APR for the first 12 months that your Account is open. After that, 25.24% to 21.24%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.

  • Earn 5% cash back on internet, cable and phone services (cellular and landline) and at office supply stores (for up to $25,000 in purchases per year); 2% cash back on gas and dining (for up to $25,000 in purchases per year); plus 1% cash back on all other purchases.
  • No annual fee, flexible redemption options and a 3% foreign transaction fee.

If you know you’ll cap your spending right around $25,000 for each of the 5% and 2% cash back rewards categories, the Chase Ink Business Cash Credit Card might be a better option for your small business.

EDITORIAL NOTE

Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines, or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.