With so many choices when it comes to business credit cards — including the different fees, rewards and redemption options that come with them — choosing the right card for your company can feel overwhelming.
This is where TPG can step in and help.
An underrated card that deserves consideration Blue Business® Plus Credit Card from American Express. Amex designed this card for small businesses and sole proprietorships using a straightforward rewards system.
You can earn rewards on everyday spending as well as business spending with no annual fee (see Rates and Fees). Here are seven reasons why the Blue Business Plus Card deserves a place in your wallet.
There is no annual fee
There’s no annual fee to carry Blue Business Plus (see Rates and Fees), so there’s no reason not to apply — unless you’re careful about how many cards you apply for to stay within Chase’s 5/24 rule. If not, the Blue Business Plus is one of the best no-annual-fee business cards on the market.
Related: The Complete Guide to Credit Card Annual Fees
Membership Rewards Points
Amex Membership Rewards points are some of the most valuable on the market. Amex has the largest network of transfer partners of any major credit card loyalty program in the US, which means you can transfer your points to 21 Amex partners – 18 airlines and three hotels.
It gives you access to promotional offers from airline and hotel programs around the world
RELATED: How to break down American Express membership rewards for maximum value
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Simple reward structure
You’ll earn 2 points per dollar spent on the first $50,000 you spend annually on the Blue Business Plus Card. After that the rate drops to 1 point per dollar. This is one of the best rates for any business card when it comes to everyday spending. Also, there are no bonus categories to track.
The only downside is that you may be giving up big bonuses offered by other cards in certain spending categories
For example, if your business books a lot of flights, this card will work best Business Platinum Card® from American Express.
Related: What Are American Express Membership Rewards Points Worth?
Pairing with other amex cards
Blue Business Plus Card is being paired with other Amex cards American Express® Gold Card And Platinum Card® from American Express Creates an Amex trifecta — so that all cards earn Membership Rewards points.
With this trifecta, you’ll always earn at least 2 Membership Rewards on all purchases across the board. The Gold Card earns 4 points per dollar on dining and US groceries (up to $25,000 in purchases per year, then 1 point per dollar thereafter), while the Platinum Card earns 5 points per dollar on flights booked directly with the airline or American Express Travel, per calendar year. Up to $500,000 in purchases, then 1 point per dollar.
TPG Senior Credit Card Writer Matt Moffitt uses this card as his main vehicle for spending without the bonus.
As part of the Amex Trifecta, she purchases flights with her Platinum, puts grocery and dining expenses in her Gold, and then uses her Blue Business Plus card for almost all expenses to earn 2 Membership Rewards points (up to $50,000 per calendar year). .
Related: 6 of the best cards to pair with Amex Gold
Another benefit is that American Express allows you to add up to 99 employee cards, allowing you to earn 2x points per employee per day.
Related: Authorized Users on a Company Credit Card: What to Know
Expanded purchasing power
Amex allows you to exceed your credit limit for larger purchases based on the card’s previous usage, payment history and credit history. Amounts exceeding your credit limit must be repaid by a certain due date; Your full credit limit amount can be carried forward (although at TPG, we recommend paying off the full balance whenever possible).
Related: Amex Blue Business Cash vs Blue Business Plus: Battle of the Blues
Amex cards come with many insurance benefits and the Blue Business Plus is no exception Cardholders will enjoy:
- Extended warranty protection that matches the original manufacturer’s warranty for warranties less than two years and provides an additional year on warranties lasting two to five years.*
- Purchase protection for any qualifying item lost, damaged or stolen for up to 90 days (up to $1,000 per occurrence, up to $50,000 per cardmember account per calendar year)*
- Car rental loss and damage insurance up to $50,000 (note that this is secondary insurance and does not include liability coverage).**
- The Global Assist Hotline can provide you with customs information, passport and visa information, cultural inquiries, foreign exchange rates, inoculation information, emergency translation and interpretation, lost item search, missing luggage assistance, card cancellation, emergency-message relay, medical information. . Emergency assistance and more.***
*Eligibility and benefit levels vary by card. Terms, conditions and restrictions apply. Visit americanexpress.com/benefitsguide for details. Policies are underwritten by AMEX Assurance Company
**Eligibility and benefit levels vary by card. Not all vehicle types or fares are covered and geographic restrictions apply. Terms, conditions and restrictions apply. Visit americanexpress.com/benefitsguide for details. Policies are underwritten by AMEX Assurance Company Coverage is offered through American Express Travel Related Services Company, Inc.
***Eligibility and benefit levels vary by card. Terms, conditions and restrictions apply. Visit americanexpress.com/benefitsguide for details. Cardmembers are responsible for costs charged by third party service providers.
Related: Your Complete Guide to Travel Protection on the American Express Card
Although there are no special bonus categories, the Amex Blue Business Plus card is one of our favorite small-business credit cards.
Holding this card is a great way for business owners to earn valuable Membership Rewards points thanks to this card’s straightforward earning structure. It can also be a great complimentary card when paired with other credit cards on Amex’s roster, especially if you’re looking to fill some gaps in your earning strategy.
Apply here: Blue Business Plus Card from American Express
For The Blue Business Plus Amex Card rates and fees, click here.