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American Express Blue Business Plus Review

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Date Established
1850
Location
New York City, New York

Overview

Blue Business Plus, offered by American Express, is a simple option for small businesses to earn points and gain access to American Express’s Membership Rewards Program without worrying about fees or rewards tiers.

With 2 points per $1 on all purchases (up to $50,000 a year), business owners will have no problem earning points with this card. Although it does not currently have a welcome offer, it has the longest introductory rate we’ve seen for any business credit card, with 0% APR for the first 15 months. And, like most Amex credit cards, cardholders can spend above their credit limit with no penalty.

Naturally, businesses owners who think they’ll be spending more than $50,000 per year on their card might want to look at other cards, because this card reverts to one point per $1 after you hit the $50,000 cap. But if you’re interested in a hassle-free way to earn points, Blue Business Plus is worth considering.

Is American Express Blue Business Plus the right credit card for your business? Read on for the details!

Blue Business Plus At A Glance

  • Annual fee: $0
  • Welcome offer: None
  • APR: Variable, 12.99%, 16.99% or 20.99%
  • Introductory rate: 0% APR for the first 15 months
  • Rewards: 
    • 2 points per $1 on all purchases, up to $50,000 per year
    • 1 point per $1 on all purchases after $50,000
  • Notable Perks & Benefits:
    • Expanded buying power
    • Access to Amex OPEN Savings benefits

Want to know how Blue Business Plus measures up to the competition? Compare popular business credit cards at Credit.com to see how this card stacks up.

Compare cards on Credit.com

 

Rewards & Fees

Amex offers 2 points per $1 spent on the first $50,000 worth of purchases per year. After you hit the $50,000 cap, savings revert back to one point per $1 spent. That means you can earn 100,000 points on your first $50,000 worth of purchases. However, your next $50,000 worth of purchases would only net you 50,000 points.

Blue Business Plus does not currently carry a welcome offer, but it does offer one of the highest introductory rates we’ve come across: 0% APR for the first 15 months of use. Between the high rewards rate and the generous introductory period, this card is worth considering if you are looking for a credit card to finance a project or a large purchase.

Like most Amex cards, Blue Business Plus also carries expanded buying powerCardholders are able to purchase above their credit limit. However, the full amount purchased above your credit limit is due each month, along with your minimum payment.

Redeeming Rewards

Points can be redeemed via American Express’s Membership Rewards program in a number of different ways:

  • Pay with points at checkout for stores such as Amazon, Best Buy, Newegg, and others
  • Redeem for gift cards
  • Book travel via American Express Travel
  • Pay for products via Amex Membership Rewards
  • Use points for taxi fare in New York City
  • Transfer points to other programs
  • Apply points to your balance as statement credits

In many cases, points are worth $0.01 each, but they might be worth more or less depending on how you redeem them.

Benefits

Blue Business Plus carries a number of benefits for both travel and shopping.

As mentioned above, this card has expanded buying power, which means you can buy above your credit limit with no penalty. The full amount purchased above your credit limit is due along with your minimum payment each month.

The card also comes with these shopping benefits:

  • Spend manager
  • Employee cards at no additional cost
  • Online statements and year-end summary
  • Extended warranty
  • Purchase protection

And these travel benefits:

  • Global assist hotline
  • Roadside assistance hotline
  • Baggage insurance
  • Car rental loss and damage insurance
  • Travel accident insurance

This card does carry foreign transaction fees — you will be charged 2.7% on all purchases made outside the United States.

American Express Blue Business Plus vs. American Express SimplyCash Plus

Blue Business Plus offers a very easy way to earn points, but figuring out how to best apply points can be time-consuming. If you are only interested in earning cash back, American Express SimplyCash Plus might be a better card for your purposes.

SimplyCash Plus offers 5% cash back at office supply stores and on wireless telephone purchases, 3% cash back on a category of your choosing (out of eight possible categories), and 1% back on all other purchases. Although it may be a little more difficult to earn rewards, SimplyCash Plus offers very high rewards on some purchases — the 3% tier is a category of your choice.

Naturally, SimplyCash Plus will not work for businesses interested in earning points — cash back can only be applied as statement credits.

Head over to our SimplyCash Plus Review to learn more.

Amex Blue Business Plus vs. Capital One Spark Cash

If you like the appeal of a card with a flat rewards rate, but don’t want to deal with points, or want a card that doesn’t max out at $50,000, Capital One Spark Cash is worth considering.

Spark Cash offers a flat rate of 2% cash back on all purchases with no maximum. For this reason, Spark Cash might be a better option for businesses that want to put more than $50,000 worth of purchases on their card. Cash back can be requested as a check, or applied to your account as a statement credit.

Spark Cash does carry an annual fee of $95, but it is waived the first year. Check out our full Capital One Spark Cash Review to learn more.

Final Verdict

American Express Blue Business Plus is a simple business credit card with the potential to earn a lot of points without a lot of work. Cardholders have a variety of ways to redeem points. However, some rewards are worth less than the standard $0.01 per point, so businesses interested in maximizing savings will have to be diligent about how points are applied.

Is Blue Business Plus right for your business? It might be a good choice if:

  • You want a simple rewards structure
  • You want a generous introductory rate
  • You plan on putting less than $50,000 worth of charges on your credit card

On the other hand, you might want to look at other cards if:

  • You plan on putting more than $50,000 worth of charges on your credit card
  • You simply want to earn cash back, not points

Curious to see how this card compares to the competition? Head over to Credit.com to compare rates and fees for Blue Business Plus and other business credit cards.

The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

Bianca Crouse

Bianca Crouse

Bianca Crouse has been writing about business loans and finance for three years. In addition to Merchant Maverick, she has appeared in Startup Nation and Business.com, among others. She has a BA in English from George Fox University and lives in the Pacific Northwest.
Bianca Crouse
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