Selecting a small business credit card can be a challenge, as there are so many business credit cards to choose from. And while it can be tempting to simply use your personal credit cards for your business expenses, that could lead to an accounting nightmare — and you’d be missing out on the major advantages of a business credit card. As such, it’s worth your while to consider a business credit card that can earn you valuable cash back like the American Express Blue Business Cash™ Card.
In this American Express Blue Business Cash Card review, you'll learn who it’s a good fit for, along with the benefits and perks of the card. Also, I’ll answer a few common questions that readers have about the Blue Business Cash Card.
Get 2% Back Automatically
Who should get this card?
If you’re a small business owner looking to reduce your bottom line, the American Express Blue Business Cash Card could be a great start. If you value simplicity and convenience, this card has exactly that — you’ll 2% cash back on the first $50,000 in eligible purchases each year, then 1% after that. With cash back on all purchases, you could lower your bottom line with ease, as the rewards you earn will post automatically to your statement.
Additionally, if you make large purchases for your business, the Blue Business Cash Card from American Express is extremely handy, since you can buy above your credit limit with no phone calls needed. Plus, it comes with an intro 0% APR (annual percentage rate).
Lastly, if you travel for work, this card comes with car rental loss and damage insurance (secondary coverage) in case something goes awry during your trips.
|Card Issuer||American Express|
|Annual Fee||$0 (See rates and fees). Terms apply.|
|Recommended Credit Score||Excellent, Good|
|Intro APR||0% for 12 months (See rates and fees) on purchases then 13.24% to 19.24% (variable) (See rates and fees)
|Foreign Transaction Fee||2.7% (See rates and fees)|
Top card benefits
- Respectable cashback earnings: With the Blue Business Cash Card from American Express, you’ll 2% cash back on the first $50,000 in eligible purchases each year, then 1% after that. All the cash back you earn will automatically post to your statements as statement credits, so you don’t need to worry about manually redeeming it.
- Large purchase perk: If you need to make purchases beyond your designated credit limit, you can do so. With the Blue Business Cash Card, you can spend above your credit limit. However, the amount you can spend isn’t unlimited. You’ll still have a ceiling on these purchases, which will be determined based on your use of the card, payment history, credit record, and other factors.
- Travel coverage: The Blue Business Cash Card offers coverage for car rental loss and damage, along with access to the Global Assist Hotline. This hotline can provide access to medical, legal, financial, or other emergency needs while on the road. This perk is available when you’re traveling more than 100 miles from home.
- Intro APR: You’ll have an intro 0% APR on purchases for 12 months after account opening. After the intro period, the APR is 13.24% to 19.24% (variable).
- No annual fee: The Blue Business Cash Card from American Express has no annual fee.
Earning & redeeming
Best ways to earn
To make the best of your earnings with the Blue Business Cash Card from American Express, consider maximizing the 2% cash back. If you spend $50,000 in one year, you’ll get a sizeable $1,000 in cashback earnings in the form of statement credits.
However, once you hit the $50,000 spending threshold for earning 2%, then you may want to consider switching credit cards. After you hit that limit, you’ll be reduced to 1% cash back on all purchases until the next year of card ownership. Earning 1% cash back isn’t a great rate, and there are plenty of business credit cards that could get you more.
Maximizing your redemptions
If you reach the $50,000-per-year spending threshold for the 2% cash back, you’d net $1,000 in cashback rewards in the form of statement credits. But if you continue to spend anything past $50,000, you’ll earn only 1% cash back. For that reason, you may want to add another business credit card to your collection to use in conjunction with the Amex Blue Business Cash Card to keep maximizing your cash back.
How do I redeem cashback rewards with the Amex Blue Business Cash Card?
This is one of the largest perks of this card — you don’t need to redeem anything. As you earn with the Blue Business Cash Card from American Express, your cash back will automatically post each month as a statement credit. There’s no manual redemption needed. You can simply use your card for purchases, and your earnings will follow.
What credit score do you need for the Amex Blue Business Cash Card?
You will likely need good-to-excellent credit in order to be approved for the Amex Blue Business Cash Card.
How many American Express business cards can you have?
American Express limits each person to four cards total, including personal cards. So, for example, you could have two personal cards and two business cards.
Is the Blue Business Cash Card from American Express worth it?
The Blue Business Cash Card is great for someone looking to score valuable cash back for their business. The ability to earn up to 2% cash back on your purchases can make a sizable difference on the bottom line of your business.
Does the Blue Business Cash Card from American Express have a foreign transaction fee?
Yes, the Blue Business Cash Card from American Express does have a foreign transaction fee of 2.7%.
Other cards to consider
If the American Express Blue Business Cash Card isn’t what you’re looking for in a small business credit card, there are plenty of other options to consider. Here are two cards to keep in mind for your business expenses.
The Capital One Spark Cash for Business is very similar to the Blue Business Cash Card from American Express. You’ll get 2% cash back on every purchase, every day. While the Blue Business Cash Card from American Express doesn’t offer a welcome bonus, the Capital One Spark Cash for Business does. You’ll earn a earn a $500 cash bonus after spending $4,500 in the first 3 months.
The Chase Ink Business Unlimited Credit Card is another similar business credit card. With this card, you can earn Earn $750 bonus cash back after spending $7,500 in the first 3 months. However, the rewards rate on this card works a bit differently — 5% cash back at office supply stores and on internet, cable, or phone services (up to $25,000 combined annually); 2% cash back at gas stations and restaurants (up to $25,000 combined annually); and 1% cash back on everything else. The card does also offer an intro 0% APR for 12 months on purchases.
Get 2% Back Automatically
Good card for large purchases