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INSIDER SECRET: You can keep this no-annual-fee small business card (See Rates & Fees) open year after year. That will preserve Amex Membership Rewards points you earn — even rewards from other cards that earned Membership Rewards points if you decide to cancel them.
The Blue Business® Plus Credit Card from American Express is one of my favorite no-annual-fee cards for small businesses (See Rates & Fees). I carry it in my wallet because using it is an easy way to earn bonus Amex Membership Rewards points, which you can transfer to airline and hotel partners like Delta, Hilton, JetBlue, Singapore Airlines and many others.
New cardholders will earn up to $300 when you make eligible purchases with Dell Technologies, DocuSign and FedEx within the first three months of Card Membership (up to $100 per merchant, in the form of statement credits). This offer will run through November 4, 2020
Here’s our Amex Blue Business Plus Card review.
Amex Blue Business Plus review
The Amex Blue Business Plus Card comes with:
- Welcome bonus of up to $300 when you make eligible purchases with Dell Technologies, DocuSign and FedEx within the first three months of Card Membership (up to $100 per merchant). This offer will run through November 4, 2020
- 2 Amex Membership Rewards points per $1 on the first $50,000 in purchases per calendar year (then 1x Membership Rewards point per $1 on all purchases)
- No annual fee (See Rates & Fees)
- Terms Apply
Having a no-annual-fee Amex card that earns 2x points per $1 on $50,000 in purchases per year is an excellent deal. Similar no-annual-fee small-business cards have a lower earning rate.
Plus, Amex small business-cards don’t appear on your personal credit report, so opening a new Amex business account won’t hurt your chances of being approved for Chase cards because of the Chase 5/24 rule.
How can you redeem points earned with the Amex Blue Business Plus?
Amex Membership Rewards points are valuable when you transfer them directly to any of the Amex transfer partners to book award travel. Airline alliances and partnerships make it easier to find award flights to your destination. For example, you can transfer Membership Rewards points to Air Canada to book an award flight on United Airlines, a Star Alliance partner.
If you have multiple cards that earn Membership Rewards points, the points will accumulate in one account automatically. This makes it easy to manage and redeem your points. Keeping the Amex Blue Business Plus Card active will preserve the points you earned on other cards if you decide to cancel them.
Transferring points to airline or hotel partners can get you significant value. For example, team member Meghan often transfers Membership Rewards points to British Airways for short-haul flights on partner airlines within the U.S. Tickets between her hometown of Missoula, Montana, and Seattle regularly cost $350+ but are only 15,000 Avios points round-trip. That’s a value of ~2.3 cents per point.
You can also book travel through Amex at a rate of 1 cent per point, but this is usually not the best way to use your points.
Perks of the American Express Blue Business Plus Card
Spend above your credit limit
Although the Amex Blue Business Plus Card is a credit card with a set credit limit, Amex offers the ability to spend above your limit. This is helpful for small-business owners with a large upcoming purchase.
For example, team member Meghan used this feature in the past to pay large bills as part of her home-building business.
I have an $18,000 credit limit with this card, but as a test, I checked online if a $50,000 purchase would go through and Amex said it would be approved.
Access to Amex Offers
Amex Offers can save you lots of money on purchases you might make anyway. I recently showed a friend how to add an offer to his card and it saved him $10 off lunch.
Team member Jasmin stocks up on household products, kids’ snacks for school, etc. whenever the Boxed.com Amex offer pops up. If you know what you’re doing, you can even turn these discounts into a profit. Team member Meghan made ~$1,000 by taking advantage of an Amex offer reselling products for miles and points.
Plus, the bonus points or statement credits you receive from Amex Offers are applied after your purchase. So you can take advantage of any other money-saving tactics without worrying that they won’t combine with Amex Offers. You can use shopping portals, promotional codes, coupons and more. Be sure you meet your offer’s minimum spending requirement.
Note: Both statement credits and bonus Amex Membership Rewards points will post within 90 days after you redeem your Amex Offer. In my experience, it usually posts within a few days.
Free employee cards
Tracking expenses and bookkeeping can take up a lot of time for a small-business owner. Amex makes it easy to track spending by giving you the ability to add employee cards to your account at no cost (See Rates & Fees). Plus, you have the ability to set spending limits on employee cards.
This perk extends the length of the original manufacturer’s warranty for eligible items purchased with your card. Original warranties of less than two years will be matched (i.e. doubled). If the original warranty is between two and five years, it will be extended an additional two years. If the original warranty is longer than five years, it is not eligible for this benefit.
Car rental loss and damage insurance
When you pay entirely for an eligible rental car with your card, you’re covered for theft or damage to the rental vehicle. This coverage is secondary.
When you pay your entire travel fare with the Blue Business Plus card (or Amex Membership Rewards points), you’ll be covered for lost, stolen, or damaged baggage. Your spouse, domestic partner or dependent children under age 23 are also covered.
This benefit covers the cost to repair, replace, or reimburse you for eligible items for 120 days (90 days for New York residents) for up to $1,000 per item and $50,000 per account per calendar year. This coverage is secondary.
Travel accident insurance
You can be covered up to $100,000 for an eligible incident. To qualify for this coverage you must pay your entire fare with your eligible card or a combination of your card and Membership Rewards points.
Free Shoprunner membership
You’ll get a free Shoprunner Membership (worth $79), which entitles you to free two-day shipping at hundreds of online retailers.
Does the Amex Blue Business Plus have a foreign transaction fee?
Yes. (See Rates & Fees)
Tips to qualify for an Amex small-business card
Applying for an Amex small business card is not as intimidating as you might imagine. You can apply using your Social Security number and Amex doesn’t have strict income requirements for small-business cards.
You can check out our step-by-step guide to completing an Amex business-card application.
We have lots of posts on the blog with side hustles that can help you qualify for a small business credit card. You don’t need to have a huge corporation with lots of employees to open a business credit card account. As long as you’re trying to make a profit with a side activity, you should be eligible for a business credit card.
Examples include selling items on eBay, tutoring, freelancing and consulting. I do a few things on the side that produce 1099 tax income forms. This is the income I report to banks when applying for small-business cards.
Customer support for the Amex Blue Business Plus Card
Taking care of issues with Amex cards is easy because they have a helpful chat function to send the bank a secure message. So you can log into your account, instead of waiting for hours on the phone.
Credit cards similar to the Amex Blue Business Plus Card
If the Amex Blue Business Plus Card card isn’t the right card for your business, you might consider one of these other no-annual-fee business cards:
Both of the cards earn cash-back rewards in the form of Chase Ultimate Rewards points.
The Chase Ink Business Cash card has several lucrative bonus categories. You can earn 5x Chase Ultimate Rewards points (5% cash back) for the first $25,000 spent on combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services each account anniversary year. You’ll earn 2x Chase Ultimate Rewards points (2% cash back) on the first $25,000 spent on combined purchases at gas stations and restaurants each account anniversary year.
You can apply for the Chase Ink Business Cash card here.
The Chase Ink Business Unlimited card doesn’t have any spending bonus categories. Instead, it earns 1.5x Chase Ultimate Rewards points (1.5% cash back) on every purchase. So it’s great if your business doesn’t have a lot of expenses that fall into specific bonus categories.
You can apply for the Chase Ink Business Unlimited card here.
With the no-annual-fee Amex Blue Business Plus Card you’ll earn 2 Amex Membership Rewards points per $1 on the first $50,000 in purchases per year (1x Membership Rewards point per $1 on all purchases after that).
If you spend the maximum, you could earn 100,000 Amex Membership Rewards points per year. That’s a great deal for a card with no annual fee. I plan to keep mine forever to have a card that delivers bonus points without thinking about bonus categories.
Membership Rewards points can help you save big on travel. You can move them directly to Amex transfer partners to book award travel. This includes Delta, Etihad, JetBlue, Singapore Airlines, and many others.
Amex doesn’t have a minimum business income requirement to be approved for their small-business cards. And Amex small-business cards do not appear on your personal credit report. So opening a new Amex business account won’t hurt your chances of being approved for Chase cards because of the Chase 5/24 rule.
Check out these post for more about earning and using Amex Membership Rewards points:
- Our American Express points review
- The best way to use Amex points
- Your full guide on how to use American Express points
- What can you expect for Amex points value?
- Find out about all the airline and hotel Amex transfer partners
- How to earn Amex points
- How to set up an American Express Membership Rewards account
- The best way to use Amex points
- Do American Express points expire?
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For rates and fees of the Blue Business Plus Card, please click here.