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  SimplyCash Plus Business Credit Card from American Express

Out of Business

SimplyCash Plus Business Credit Card from American Express

in Business Credit Cards from American Express National Bank

Out of Business

SimplyCash Plus Business Credit Card from American Express

in Business Credit Cards from American Express National Bank

Net Recommendation Score 0

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of 0, equating to 3 on a 5 point rating scale.

0

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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2 users are unsure
0 users don't recommend
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Highlights
Community Rating

Rating not yet determined  

Purchase APR  (Variable APR) 13.24% - 19.24%
Balance Transfer APR  (Variable APR) N/A
Credit Score Range 680 - 850
Annual Fee $0

SimplyCash Plus Business Credit Card from American Express Review

SimplyCash Plus Business Credit Card from American Express is no longer available to new customers on SuperMoney.

Click here to compare Business Credit Cards and quickly find the best options for your needs.

Key Takeaways
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
  • Competitive APRs. SimplyCash Plus Business Credit Card from American Express has a variable purchase APR that ranges from 13.24% up to 19.24%.
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. SimplyCash Plus Business Credit Card from American Express charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2.7% every time you make a transaction outside the U.S.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
  • Good or better credit required. You will have low approval odds if your credit score is below 680.
Pros & Cons of Amex blue business
The Good The Bad
  • Lower than average purchase APRs.
  • 0% APR on new purchases during the first 12 months.
  • No annual fee.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Extended warranty on purchases.
  • Travel accident and travel assistance insurance.
  • Trip cancellation insurance.
  • Cardholders can earn rewards on purchases everywhere SimplyCash Plus Business Credit Card from American Express is accepted.
  • Requires good to excellent credit.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 2.7%.
  • Does not report to credit bureaus.
  • Charges a 3% balance transfer fee.
Amex blue business FAQ

Who is Amex blue business designed for?

This is a credit card issued by American Express National Bank. 

This business card is designed for small business owners with good credit. The minimum credit score to apply is 680.

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 13.24% up to 19.24%. Note that late payments are subject to an APR of 29.24% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

Does it have an introductory APR offer?

This business card does offer an introductory APR rate on new purchases of 0% for a period of 12 months.

Amex blue business Rates & Terms
Purchase APR 13.24% - 19.24%
Penalty APR 29.24%

What fees does it charge?

The following fees apply to this business credit card:

  • There is no annual fee.
  • A late payment penalty of up to $39.
  • A returned payment fee of up to $39.
  • There is no overlimit fee

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 2.7%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $54. If you travel abroad you may want to leave this business card at home and apply for one that doesn't charge a foreign transaction fee.

Amex blue business Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 2.7%
Balance Transfer Fee 3%
Minimum Balance Transfer Fee $5
Returned Payment Fee $39
Late Payment Fee up to $39

Does it offer a cash back rewards program?

This business credit card offers a rewards program to its customers. The rewards program allows you to earn cash with every purchase you make. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:

  • Every Purchase

Does it have a sign up bonus?

This business credit card doesn't offer a cash signup bonus.

Does it offer an annual loyalty bonus?

This business card doesn't offer a cash loyalty bonus.

Can I get it with just an employer identification number (EIN)?

You can apply for this business credit card with your EIN number, but expect the credit card issuer to also require your Social Security number. This is because, as with most business cards, it requires you to personally guarantee the line of credit.

What are the benefits?

This business credit card provides the following benefits:

  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • Trip Cancellation Insurance
  • Fraud Liability
  • Travel Accident Insurance
  • Travel Assistance

What is the customer service phone number?

The customer service number for this business card is (800) 528-4800.

What is the support contact email?

The support contact email for this business credit card is info@americanexpress.com.

How do people rate the customer service and user experience?

Overall, this business credit card is mostly recommended based on community reviews that rate customer service and user experience.

How to apply?

  • Visit the American Express National Bank .
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Feature Breakdown

Every Purchase (Points) 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.
Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 12 months
Annual Fee $0
No Annual Fee
No Interest Grace Period for Late Payment 25 days
Over-Limit Fee $0
Foreign Currency Transaction Fee 2.7%
Late Fee Amount Up to $39
Returned Payment Fee $39
Customer Type Business
Minimum Age 18
Credit Score Range 680 - 850
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Purchase Protection
  • Travel Accident Insurance
  • Travel Assistance
  • Fraud Liability
  • Trip Cancellation Insurance
  • Extended Warranty Protection
Rewards Rates
  • Every Purchase
Balance Computation Average Daily Balance method (including new transactions)
Penalty APR (Variable APR) 29.24%
Purchase APR (Variable APR) 13.24% - 19.24%
Balance Transfer Fee % 3%
Balance Transfer Fee Minimum $5
Card Network American Express
Card Type
  • Cashback
  • Rewards
  • Zero Percent

SimplyCash Plus Business Credit Card from American Express Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of 0, equating to 3 on a 5 point rating scale.

0

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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