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American Express® Blue Business Cash Credit Card Review

The provides business owners with a simple, straightforward way to earn cash back on business purchases. You can earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. If you prefer to have no annual fee with your business card and want to earn cash back with an easy rewards structure, the American Express® Blue Business Cash Card may be the card for you.

What we like about the American Express® Blue Business Cash Card

  • You can earn 2% cash back on up to $50,000 in purchases each year — that’s one of the highest cash back rates around for business cards. Terms Apply.
  • No annual fee (See Rates & Fees)
  • The card comes with other business-friendly perks, like car rental damage and loss insurance, free employee cards and extended warranty and purchase protection

Things to consider

  • Big business spenders may benefit more from cards that offer unlimited 2% cash back and no spending limits, even if there’s an annual fee
  • The card is limited to cash back rewards, so you might be able to get better travel rewards with a travel business credit card
  • If you do plan to use this card while traveling, be aware of the 2.7% foreign transaction fee (See Rates & Fees) for purchases

Cash back details

The provides 2% cash back on transactions of up to $50,000 per year, then 1% unlimited cash back after that. Cash back is automatically applied as a statement credit. You get an introductory APR rate of 0% for balance transfers and purchases for the first 12 months (then ongoing 14.24% – 20.24% Variable (See Rates & Fees), which can be helpful depending on your business needs and purchases.

With Expanded Buying Power from the American Express® Blue Business Cash Card, you can spend beyond your credit limit. The Expanded Buying Power capacity adjusts as you use your card, with factors like credit record, payment history and financial resources influencing the limit.

Maximize your cash back rewards by spending at least $50,000 on the card each calendar year to get the maximum 2% cash back, then 1%.

Fee details

The fact that the has no annual fee is an attractive feature, compared to similar business cards with annual fees. There’s also no over-limit fee with this card, which can be helpful when you need to make big purchases.

Balance transfer fees are either $5 or 3% of the transfer amount, whichever is more. Late payment fees are up to $39, and returned payment fees are $39, which are all standard for business credit cards (See Rates & Fees).

The card’s 2.7% foreign transaction fee may decrease the usefulness of this card for business owners and employees who frequently travel abroad. For business owners and employees who do extensive international travel, a travel business card with no foreign transaction fees may make more sense.

How does it compare to other business credit cards?

The is a good choice for entrepreneurs and small business owners. If your business is growing, you may want to look at other options. The also doesn’t have an annual fee and provides unlimited cash back rates, along with a cash back intro offer. If you know you’ll be spending significantly each year and travel internationally, the may be a better choice. With the Capital One® Spark® Cash for Business, you can get more competitive cash back rewards, plus there’s no foreign transaction fee.

Card Ongoing Purchase APR Annual Fee Intro Bonus Credit Needed Key features
14.24% – 20.24% Variable (See Rates & Fees) No annual fee (See Rates & Fees) No current offer Excellent Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement. Terms Apply.
14.74% – 20.74% Variable $0 Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening Excellent Earn unlimited 1.5% cash back on every purchase made for your business
18.49% (Variable) $0 intro for first year; $95 after that One-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening Good to excellent Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions

The bottom line

The can provide big cash back benefits depending on what your expected expenses are each year. Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. If you plan to spend more than $50,000 a year or travel often out of the country, other business credit cards or travel credit cards may be a better fit.

For rates and fees of American Express® Blue Business Cash Card, please click here.

Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view a list of partners, click here. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser’s page for terms & conditions.

The post American Express® Blue Business Cash Credit Card Review appeared first on The Simple Dollar.

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