The Blue Business Cash™ Card from American Express™ gives business owners powerful cash back rewards they can use to grow their businesses. Using the card is a simple way to earn cash back without having to track points or categories. Cardholders get 2% cash back on up to $50,000 in purchases every calendar year. Then, they receive 1% cash back on all other purchases. Cash back rewards are automatically applied as a statement credit, so there’s no need to activate categories or manually redeem rewards.
Cardholders can maximize rewards by offering employee cards. They don’t carry an annual fee, so it’s a straightforward way for small businesses to earn more cash.
AmEx Blue Business Cash™ Card
- APR: Variable 14.74-20.74%
- Annual Fee: $0
- Primary Feature: Business cash back card
- 0% Introductory APR period: 12 months on purchases and balance transfers.
Perks of the AmEX Blue Business Cash™
Earn a $250 statement credit after making $5,000 in qualifying transactions on the card within the first six months of card membership. Earn an additional $250 statement credit after making an additional $10,000 or more in qualifying transactions on the card within the first year of card membership.
Another business-friendly perk for this card is the car rental damage and loss insurance available on eligible rental cars when you decline the collision damage waiver. Business travelers can also access the American Express Global Assist Hotline. When you travel more than 100 miles from home, you have 24/7 access to emergency services. These include financial, medical, legal and emergency coordination and assistance services. Cardholders can get assistance services including help for missing luggage, passport replacement, cash wire assistance and medical and legal referrals with the American Express Global Assist Hotline.
Cardholders also get extended warranty protection for up to one additional year, applying to warranties of five years or less that are eligible in the U.S. Purchase Protection covers cardholders if something is broken or stolen. and purchases can be protected from theft or accidental damage for up to 90 days.
Blue Business Cash Card members also get standard American Express perks like Amex Offers for rewards on shopping, dining, travel and more, plus dispute resolution for fraudulent or incorrect charges on statements.
Things to consider
If your employees travel frequently, you may want to get a travel business credit card instead, or at least pair this card with one focused on travel perks. This card carries a 2.7% foreign transaction fee, so it can get costly when used abroad. You also won’t earn miles or get attractive travel perks like airport lounge access from using this card.
If you do want to use this card, consider using this one for big business purchases, and then charge flights and hotels to a travel-focused card. You may be able to get better travel rewards with another card, and then designate this one for other purchases.
How to get the most from this card
Use this card for $50,000 in purchases each calendar year to get the most cash back. The 2% rate is solid considering it’s not restricted by spending categories. If you’re interested in the intro offers and want to make this your solo business card, spend at least $15,000 in your first year with the card.
With the 0% introductory APR period for the first year, this also might be the card you want to use on bigger purchases when you first get it. You can take advantage of the intro APR while racking up cash back rewards.
With the Expanded Buying Power feature on the Blue Business Cash Card, you can make purchases for your business over your credit limit without penalty and still earn cash back and rewards on those purchases. That feature makes this a great card for big purchases for your business. The amount you can spend over the credit limit changes over time and is based on how you use your card, your payment history your credit record and other factors.
Look into the business features this card offers and use them to help track and manage spending. Cardholders can set spending limits on employee cards and get access to alerts and summary reports. You can also get account alerts for due payments, get irregular activity alerts and track employee purchases. Get a complete year-end summary that categorizes your spending by month and purchase type so you can track business expenses.
You can also designate an Account Manager to access and manage the business card account. The Blue Business Cash Card integrates with QuickBooks online statements for spending transparency. Use the Vendor Pay feature to automatically pay business bills with your card.
Other card options that might interest you
If you want more flexibility in your rewards options from your business card, the Blue Business® Plus Credit Card from American Express might interest you. The perks, APR rate and annual fee ($0) are similar, but instead of 2% cash back on your first $50,000 in purchases each year, you get 2x points. You can use those points towards travel rewards like flights and hotels, plus cash back, making this a more flexible business rewards credit card.
If you’re into the cash back rewards aspect to a business credit card, check out the Ink Business Cash credit card from Chase. Cardholders earn 5% cash back on the first $25,000 sent on transactions related to office supplies and services every year. Plus, you get 2% cash back on the first $25,000 spent at gas stations and restaurants, then unlimited 1% cash back on all other purchases. There’s also a $500 bonus cash back offer after spending $3,000 on purchases in the first three months. The card has no annual fee and the same bonus/regular APR rates as the Blue Business Cash Card.
The final word
The Blue Business Cash Card is an easy way to earn cash back for your business, automatically, with everyday purchases. If cash is the most appealing credit card reward for you, this one is a solid choice for non-travel-related purchases. After using it for $50,000 a year, consider swapping to a different card for more cash back rewards or for points toward other business transactions.