SimplyCash® Plus Business Credit Card from American Express

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

SimplyCash® Plus Business Credit Card from American Express

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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

American Express SimplyCash Business Credit Card

SimplyCash® Plus Business Credit Card from American Express

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
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Annual fee

$0

Annual fee

$99

Annual fee

$199

Regular APR

12.49% - 19.49% Variable

Regular APR

21.24%-29.99%, Variable APR

Rates & Fees

Regular APR

See Terms

Intro APR

0% on Purchases for 9 months

Intro APR

0% 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 APR

N/A

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

NerdWallet review

By Lindsay Konsko

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

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.