SimplyCash® Plus Business Credit Card from American Express
SimplyCash® Plus Business Credit Card from American Express
American Express is a NerdWallet Partner
SimplyCash® Plus Business Credit Card from American Express
Card details
Limited Time Offer: Earn a one-time $250 statement credit after you spend $5,000 or more in qualifying purchases on your Card within the first 6 months of Card Membership
To be eligible for this offer, your application must be received by August 3, 2016
No Annual Fee. Plus, more buying power and more cash back
5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores
3% on the category of your choice from a list of eight and 1% cash back on other purchases
5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement
Terms and limitations apply
Rates, fees & offers
Annual fee
$0
Rewards rate
1.00%
Bonus offer
Limited Time Offer: You can get a $250 statement credit after you spend $5,000 on qualifying purchases on the Card within the first 6 months of Card Membership
Intro APR
0% on Purchases for 9 months
Ongoing APR
APR: 12.49% - 19.49% Variable
Penalty APR: 29.49%, Variable
Cash Advance APR: 25.49%, Variable
Foreign transaction fee
2.7%
Recommended credit score
Compare to other cards
SimplyCash® Plus Business Credit Card from American Express | ||
---|---|---|
Learn more | Learn more | |
Annual fee$0 | Annual fee$99 | Annual fee$199 |
Regular APR12.49% - 19.49% Variable | Regular APRSee Terms | |
Intro APR0% on Purchases for 9 months | Intro APR0% intro APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable APR will apply, 21.24%-29.99%. | Intro APRN/A |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
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Rating details
4.4
Editor's overall rating
Pros and cons
Pros
No annual fee
Cons
Small-business owners who prefer the simplicity of a cash-back credit card will find a lot to love in the SimplyCash® Plus Business Credit Card from American Express. You'll earn 5% back at U.S.-based office supply stores and wireless phone providers, 3% cash in a category of your choice, and 1% cash back on all other purchases. Bonus categories eligible for 3% cash back include:
Airfare
Hotels
Gas stations
Restaurants
Car rentals
Advertising (in select media)
Shipping
Just keep in mind that you'll only earn 5% and 3% cash back on the first $25,000 your business spends each year; after that, you'll earn 1%. Also, unlike many of American Express's other business plastic, this one is a credit card, not a charge card. That means you'll be assigned a preset spending limit, but will also be able to roll a balance from month to month if you need to.
Even with all these great perks, the annual fee is $0, so it's a great card to keep on your radar. For more information, read our full editorial review of the SimplyCash® Plus Business Credit Card from American Express here.