Special offer: save on interest with a 0% intro APR on purchases for 15 months; after that your APR will be a variable rate, currently 14.49% - 21.49%
No annual fee
Reinvest in your business with automatic cash back in the form of a monthly statement credit. Plus take control by choosing the 3% category that best fits your business
Earn 5% cash back on the first $50,000 spent at wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
Earn 3% cash back on the first $50,000 spent in the category of your choice from a list of eight and 1% cash back on other purchases
With Expanded Buying Power you can spend beyond your credit limit* to make bigger purchases for your business plus earn cash back on those purchases too
*The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors
Rates, fees & offers
0% on Purchases for 15 months
APR: 14.49% - 21.49% Variable APR
Penalty APR: 29.99%, Variable
Foreign transaction fee
2.7% of each transaction after conversion to US dollars.
Recommended credit score
Editor's overall rating
Pros and cons
No annual fee
High rewards rates in certain categories
Intro APR period on Purchases
Complicated rewards program
Bonus categories can be changed only once a year
Requires good/ excellent credit
For entrepreneurs looking for versatile, custom-made rewards, the SimplyCash® Plus Business Credit Card from American Express is hard to beat.
This $0-annual-fee card gets you an impressive 5% cash back on up to $50,000 a year in combined spending at U.S. office supply stores and on wireless phone service purchased directly from U.S. providers. It also offers 3% cash back in a category you can choose from a list of eight options, on up to $50,000 in spending per year, and 1% cash back on all other eligible purchases. On top of all that, it comes with a solid 0% APR deal: 0% on Purchases for 15 months, and then the ongoing APR of 14.49% - 21.49% Variable APR.
Like many cash-back cards, it charges foreign transaction fees. But for small-business owners who don't plan to make purchases internationally, it's a strong choice. See our full review of the card for more information.