American Express Unveils New Small Business Credit Card

American Express Unveils New Small Business Credit Card

May 30, 2017         Written By Natalie Rutledge

LowCards is an American Express partner. View our full editorial disclaimer here.

American Express has launched The Blue Business℠ Plus Credit Card from American Express. Perks of the card include a low introductory APR on purchases and balance transfers for up to 12 months. After that, an APR of 15.49% - 21.49% Variable applies. Also, earn 2X Membership Rewards® points on everyday business purchases up to the first $50,000 spent in purchases per year.

Cardholders can redeem their points for statement credits, gift cards, merchandise or travel. They can also transfer points to participating airline or hotel loyalty programs.

“In the U.S. 70 percent of small businesses generate less than $1 million in annual revenues. For them, every minute counts and access to money to help fulfill big orders or make capital purchases is critical,” said Audrey Hendley, senior vice president of global products at American Express Global Commercial Payments. “Blue Business Plus is the only no-annual-fee small business credit card from a major issuer that offers 2X points with no category restrictions, so small business owners can be confident they are making the smart choice for their business.”

American Express says the new card can also help small businesses better manage their cash flow by:

  • Offering a low introductory APR: The card has an introductory rate of 0% APR for up to 12 months on purchases and balance transfers. After that, the APR will be set to 15.49% - 21.49% Variable, depending upon the cardmember’s creditworthiness and other factors. The low introductory APR can help businesses access the credit they need to grow their business, which will alleviate cash flow worries.
  • Allowing cardholders to spend above their credit limit, which allows business owners to pursue opportunities without requesting a credit limit increase or paying over limit fees. To avoid fees, users simply need to pay in full any amount they spent over their limit when the statement is due.
  • Offering employee controls. Cardholders can add cards to their account for employees for no additional fee. They will get real-time alerts if an employee spends at a merchant not previously approved by the employer.


The information contained within this article was accurate as of May 30, 2017. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


natalierutledge

About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at natalie@lowcards.com
View all posts by Natalie Rutledge
Top Features : No annual fee; 0% intro APR on purchases for 15 months; 5% cash back on certain purchases
Top Features : $50 statement credit after a Delta purchase with new card in first 3 months; intro offer; no foreign transaction fees
Top Features : $100 statement credit after a Delta purchase with the new card within the first 3 months; bonus offer; free checked bag on Delta
Top Features : No annual fee; 0.0% intro APR for first 12 months; 2X rewards points on certain everyday business purchases
Top Features : 6x points at participating Marriott Bonvoy hotels; 4x points in some other categories; 75,000 bonus points after spending $3,000 in first 3 months
Top Features : Charge card for business; special bonus for spending in the first three months; enhanced rewards for purchases in certain categories