Features

Who is American Express' SimplyCash Business Card Designed For?

The American Express SimplyCash Business Card is designed for small business owners with excellent credit who want a simple yet generous cash back business credit card with no annual fee. It is a particularly good fit for businesses that spend a lot on office supplies and wireless phone service, and want the flexibility to choose an additional bonus category.

What are the Interest Rates for American Express' SimplyCash Business Card?

The interest rates for the American Express SimplyCash Business Card range from 12.24 % to 19.24% APR on purchases. Purchases have a 0% intro rate for the first 9 months. Notice the SimplyCash Business Card does not accept balance transfers. The intro rate only applies to purchases. Cash advances have a 25.24% APR and there is a 27.24% penalty APR for customers who are late on their payments.

What Are the Fees for American Express' SimplyCash Business Card?

The American Express' SimplyCash Business Card has no annual or overlimit fee. It does have a $5 or 3% (whichever is greater) cash advance fee, a $38 late/returned payment fee, and a 2.7% foreign transaction fee.

What Is American Express' SimplyCash Business Card's Rewards Program Like?

American Express' SimplyCash Business Card gives cardholders 5% cash back on office supply stores and wireless telephone services purchased in the United States. It also offers cardholders the option of choosing a bonus category they can earn 3% cash back. Categories include airlines, hotel rooms, car rentals, gas stations, restaurants and advertising expenses. All other purchases have a 1% cash back. The 5% and 3% bonus categories have a cap of $50,000, after which the cash back rate drops to 1%. This means cardholders can earn a maximum cash back of $2,500 at the 5% rate and $1,500 at the 3% rate every year. However, there is no limit to the total cash back rewards you can earn at the 1% rate.

What about American Express' SimplyCash Business Card's Signup Bonus?

American Express' SimplyCash Business Card has a limited time signup bonus of $250 for cardholders that spend $5,000 in the first six months of opening an account. The bonus must be redeemed as a statement credit.

Does American Express' SimplyCash Business Card Have Any Other Benefits?

American Express' SimplyCash Business Card has all the prime benefits and rewards you expect from an American Express business card. These include purchase protection, car rental loss and damage insurance, baggage insurance, roadside assistance, extended warranty and travel accident insurance.

How Is American Express' SimplyCash Business Card Better Than Other Credit Cards?

The SimplyCash Business American Express Card has a generous and flexible cash back program that allows cardholders to customize how they earn rewards on their business purchases. It does not have an annual fee and yet still manages to pack all the travel and shopping perks you are likely to need. However, the card does charge a foreign transaction fee, which means this is not the card for business people who frequently travel internationally.

  • Card Type
    Rewards
  • Customer Type
    Business
  • Card Network
    American Express
  • Minimum Age
    18
  • Grace Period / Deferred Interest
    25
  • Late Payment Penalty
    $38
  • Returned Payment Fee
    $38
  • Foreign Currency Transaction Fee
    2.7%
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Free FICO Score
  • Lost Luggage Insurance
  • Travel Insurance
  • Air Miles
  • Cashback
  • Points
  • Purchases APR
    12.49% - %
js-table-filter bizname-american-express-simplycash-business-card
0
js-table-filter ccard-type-136
js-table-filter cashback-135
12.49
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Cashback
  • No Annual Fee
  • 0% Introductory APR
Card Type Rewards
Purchases APR 12.49%
065
js-table-filter bizname-starwood-preferred-guest-business-credit-card-from-american-express
65
js-table-filter ccard-type-136
js-table-filter points-137
15.49
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter credit-required-116

  • Points
  • No Annual Fee First Year
Annual Fee $65
Card Type Rewards
Purchases APR 15.49%
048
js-table-filter bizname-the-plum-card-from-american-express
250
js-table-filter ccard-type-136
js-table-filter cashback-135
js-table-filter every-purchase-138
0
0
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Cashback
  • Every Purchase
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $250
Card Type Rewards
048
js-table-filter bizname-the-enhanced-business-gold-rewards-card-from-american-express-open
js-table-filter airlines-140
175
js-table-filter ccard-type-136
js-table-filter gas-139
js-table-filter points-137
0
js-table-filter restaurants-142
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter credit-required-116

  • Airlines
  • Gas
  • Points
  • Restaurants
  • Travel
  • No Annual Fee First Year
Annual Fee $175
Card Type Rewards
058
js-table-filter bizname-business-green-rewards-card-from-american-express
js-table-filter airlines-140
95
js-table-filter points-137
0
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Airlines
  • Points
  • Travel
  • No Annual Fee First Year
Annual Fee $95
058
js-table-filter bizname-the-business-platinum-card-from-american-express
450
js-table-filter ccard-type-199
js-table-filter points-137
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-116

  • Points
  • No Foreign Transaction Fee
Annual Fee $450
Card Type Charge Card
148
js-table-filter bizname-the-blue-for-business-credit-card-from-american-express
js-table-filter airlines-140
0
js-table-filter ccard-type-137
js-table-filter points-137
11.49
js-table-filter travel-143
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Airlines
  • Points
  • Travel
  • No Annual Fee
  • 0% Introductory APR
Card Type Balance Transfer
Purchases APR 11.49%
058
js-table-filter bizname-gold-delta-skymiles-business-credit-card-from-american-express
js-table-filter air-miles-136
js-table-filter airlines-140
95
js-table-filter ccard-type-136
15.49
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Air Miles
  • Airlines
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $95
Card Type Rewards
Purchases APR 15.49%
Balance Transfer APR 25.49%%
008
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0 votes

A lot of credit cards throw a whammy on you if you go over your limit by even a dollar. This card doesn't do that. Plus there are no annual fees -- and you get cash back. That's a win-win-win in my book.


0 votes

The Amex SimplyCash Business card has a generous cash back program, especially for office supplies and phone service. Plus there is no annual fee or overlimit fee. If you don't need a lot of bells and whistles and have excellent credit, this is a great card to have.


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