The American Express Blue Business Cash™ Card is a solid cash back business card with lucrative rewards and no annual fee. While high spenders may be better served with a card that rewards spending in particular categories, this card’s 2 percent cash back rate is hard to beat for many prospective cardholders—and is an especially good fit for small businesses and entrepreneurs who may not have a lot of expenses each month.
This Amex business card also offers a $250 welcome bonus after you spend $3,000 in purchases in the first three months (awarded as a statement credit), as well as some handy additional features like Expanded Buying Power and expense management tools.
When is the Amex Blue Business Cash Card worth it?
There are a variety of situations where the Amex Blue Business Cash Card might be worth it. While this card isn’t the best fit for everyone, it’s a great starter card for business owners looking to earn decent rewards without incurring a high annual fee.
You’re looking for a no-fee card
Unlike many other lucrative rewards credit cards, the Amex Blue Business Cash Card charges no annual fee. This means that, as long as you pay off your balance each month, you’ll still be able to turn a profit when using this card (no matter how much or little you spend). This makes it ideal for business owners who may not have enough monthly expenses to justify the high annual fee of another card.
You’re looking for a simple cash back card
The Amex Blue Business Cash Card doesn’t have any complicated rewards or spending categories—instead, all purchases earn a flat 2 percent cash back rate (on up to $50,000 in spending per year). After $50,000, all purchases earn 1 percent back. This makes the card a good fit for business owners who don’t want to worry too much about maximizing their rewards by spending in different categories and instead would prefer to take a set-it-and-forget it approach to earning rewards on business expenses.
You have modest annual expenses
This card may not be the best fit for big spenders, but it’s a good choice for small businesses and startups who may not yet have significant expenses each month. In particular, if your annual expenses are under $50,000, you’ll earn a solid 2 percent cash back on all purchases. Since the card has no annual fee, it also means that it’s a handy way to earn a little extra on your purchases each month without having to worry about out-earning a high fee each year.
You want to take advantage of a low intro APR on purchases
If your business has a large purchase on the horizon, the Amex Blue Business Cash Card could be a good fit. This card comes with an introductory 0 percent APR on purchases for the first 12 months, followed by a variable APR between 14.74 percent and 22.74 percent. While it’s certainly not as lengthy as the intro APR periods offered by other cards, it still gives business owners a slice of time to pay off a big purchase without interest.
When is the Amex Blue Business Cash Card not worth it?
While this business credit card has many benefits, it may not be the best fit for all cardholders. In particular, businesses with significant monthly expenses may be better served with a more lucrative option. Business owners should also consider whether a card that rewards spending in a particular category, such as office expenses, might earn them more rewards than a flat-rate card.
You have significant monthly expenses
If you run a sizable business with significant monthly expenses, you may be able to earn more rewards with a different card. Since the card’s 2 percent cash back rate only applies to the first $50,000 in purchases, if you spend more than $50,000 on a credit card per year for your business, you should consider exploring other options. For example, The Business Platinum Card® from American Express rewards purchases in business-related categories with 1.5X points (on up to $2,000,000 per calendar year in spending per year).
You have a lot of expenses in a particular category
For many business owners, this card’s flat 2 percent cash back rate is a good deal. But if you have a lot of expenses in a particular category, like travel or office supplies, it may make sense to look into cards that reward spending in these categories. The American Express® Business Gold Card, for example, rewards 4X points on up to $150,000 per year in two select categories your business spends the most in each billing cycle.
You’re looking for a hefty welcome bonus
While the Amex Blue Business Cash Card does offer a $250 welcome bonus when you spend $3,000 in the first three months, there are plenty of other no-annual-fee business credit cards out there that offer much higher welcome bonuses. The Ink Business Unlimited® Credit Card, for example, comes with a $750 bonus when you spend $7,500 in the first three months.
Should you get the Amex Blue Business Cash Card?
Whether or not you should get the Amex Blue Business Cash Card depends on your particular situation, including how much you spend on business expenses each month, the particular spending categories these expenses fall into and whether you’re looking for any additional perks or benefits.
For many small businesses and startups, this card is a good deal, with a generous flat cash back rate, decent welcome bonus and no annual fee. It’s also a good fit for business owners looking for a frills-free card where they don’t have to think too much about different spending categories and can instead seamlessly earn cash back on every purchase.
That said, the Amex Blue Business Cash Card isn’t the best fit for everyone. For businesses with high annual expenses (over $50,000) or those with a lot of expenses in a particular category, another card may be a better fit. Other American Express business credit cards for higher spenders include the Amex Business Gold Card and Amex Business Platinum Card, as mentioned above.
The bottom line
The Amex Blue Business Cash is a solid starter business credit card with lucrative cash back rewards and a $0 annual fee. It’s a great fit for businesses looking for a simple, straightforward business card that allows them to earn cash back on everyday purchases. For more in-depth information on this card’s offerings, consider reading Bankrate’s American Express Blue Business Cash Card review.