American Express Blue Business Cash Review
The newly-announced Blue Business Cash Card from American Express is Amex’s replacement for the company’s SimplyCash Plus business credit card, which is no longer being offered.
The Blue Business Cash Card is tailor-made for the small business owner who prefers a straightforward cash back program over a rewards points program. There are no spending categories to track and no annual fee to offset. The card’s main selling point? You’ll get 2% cash back on the first $50,000 you spend on purchases each year, with all subsequent purchases earning 1% cash back. Your cash back will be automatically credited to your account with no action required on your part. I’m sure you’ve got better things to worry about.
On the down side, the Blue Business Cash Card offers no bonus offer, so you won’t earn any extra cash back by loading up the card with charges early on. Thankfully, the card carries an introductory 0% APR on both purchases and balance transfers for 12 months. Another key perk of the AmexBlue Business Cash is the ability to spend above your credit limit, making the Blue Business Cash a handy tool for dealing with any unexpected business costs that might pop up. More on this feature later.
Read our Amex Blue Business Cash Card review to see how well this card fits your business spending needs.
Table of Contents
American Express Blue Business Cash At A Glance
Blue Business Cash™ Card from American Express
15.24% - 21.24%, Variable
You’ll need good to excellent credit to qualify for the Amex Blue Business Cash card.
Rewards & Fees
- Earn 2% cash back on your first $50,000 per year in eligible purchases, then 1% on all subsequent purchases
- All cash back is automatically credited to your account with no action required on your part
- The 12-month 0% APR period applies to both purchases and to balance transfers requested within 60 days of account opening
- No annual fee
- 2.7% foreign transaction fee
- Balance transfers carry a fee of either $5 or 3% of the amount of each transfer, whichever is greater
- Late payment fees run up to $39
- You can spend above your credit limit and still earn cash back on those purchases
The beauty of the Blue Business Cash Card is its simplicity. As you cover your business expenses, you’ll be earning 2% cash back, and you won’t have to take any extra steps to get your cash back into your account — the process is completely automated.
However, only your first $50,000 in spending per year is eligible for the 2% cash back rate; all subsequent annual spending will earn 1% cash back. Owners of mature businesses with annual spending greatly exceeding this $50K limit may want to consider an unlimited cash back card instead. Those cards will almost certainly carry an annual fee (this card does not), but if you spend enough, an unlimited cash back card may be a better deal for you anyway.
The Amex Blue Business Cash has a nice long 12-month 0% APR period for both purchases and balance transfers, so you can use your first year to make purchases without accruing interest. Just note that in order for the year-long 0% APR to apply to your balance transfer, you’ll have to request it within 60 days of opening your account. And though you won’t pay interest for a year on such balance transfers, you’ll still have to pay a balance transfer fee — either $5 or 3% of the amount of the transfer, whichever is greater.
One of the highlights of this card is the fact that you can spend over your credit limit. If you experience unexpected business costs that pop up when it’s least convenient, the Blue Business Cash card can help you deal with these expenses with its flexible payment policy. However, though you can spend over your credit limit and still earn cash back (and there’s no overlimit fees either), this doesn’t mean you have no spending limit whatsoever. According to Amex:
The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors.
Also, the amount above your credit limit is due in full each month as part of your minimum payment due.
The Blue Business Cash Card carries no annual fee, so you won’t have to weigh the cash back you earn against the cost of having the card. Unfortunately, there is a 2.7% fee applied to each transaction outside the US, so this isn’t the best card for international travel.
This section will be short and sweet. All the cash back you earn will be automatically redeemed and credited to your account. You don’t have to do anything. Sometimes life’s finest rewards are the ones that require as little of your time as possible.
The Blue Business Cash Card from American Express comes with some nice extra benefits:
- Car rental loss and damage insurance
- Global Assist Hotline — Get assistance 24/7
- Add employee cards for no additional cost
- Connect to QuickBooks
- Account Manager — Allow an assistant or business partner to access and manage your Business Card account
- Extended warranty
- Purchase protection
- Dispute resolution
- Amex Offers — Get special offers for retail, dining, travel, and more, potentially saving you hundreds of dollars per year
Blue Business Cash Card From American Express VS Captial One Spark Cash For Business
If you’re looking for an easy cash back business credit card and your business spending considerably exceeds the Blue Business Cash Card’s $50,000-per-year limit on 2% cash back, consider the Capital One Spark Cash for Business instead.
The Capital One Spark Cash offers 2% cash back on all purchases, just like the Blue Business Cash. However, with the Spark Cash card, there is no limit to the amount of spending per year that will earn you 2% cash back.
Sounds perfect, right? Well, there’s a catch. Unlike the Amex Blue Business Cash Card, the Spark Cash card carries a $95 annual fee, though this is waived the first year. This will eat into any extra cash back you’d earn by choosing the Spark Cash over the Blue Business Cash. However, if your business spends enough annually, you’ll still come out ahead with the Spark Cash card. Additionally, the Spark Cash carries a generous bonus offer of $500 cash back after you spend $4,500 on purchases within the first 3 months, while the Blue Business Cash lacks a bonus offer.
Considering the fact that the bonus offer alone will cancel out five years’ worth of the card’s annual fee, the Capital One Spark Cash card may be a better cash back credit card for your business, depending on your spending level and your degree of existential hostility to the concept of an annual fee for a credit card.
Capital One Spark Cash For Business
$95 ($0 the first year)
The Blue Business Cash Card from American Express is a solid cash back business credit card for the business owner who spends less than $50,000 annually on the card. Depending on how you use it, it may not be the most lucrative cash back card for your business, but the automatic cash back redemption and the fact that you can spend over your credit limit gives you some unique benefits — benefits found in few other business rewards credit cards.
To learn more about how we score our reviews, see our Business Credit Card Rating Criteria.