Money Analysed

Comparing Business Credit Cards: American Express vs Ink vs Capital One

The Blue Business Plus Credit Card from American Express is a popular option for small business owners looking for a simple and straightforward credit card with good rewards. In this article, we’ll take a closer look at the features, benefits, and drawbacks of this card, so you can decide if it’s the right choice for your small business.

Who should get the Blue Business Plus Credit Card from American Express? If you’re a small business owner looking for a credit card to help you manage your finances, the Blue Business Plus Credit Card from American Express is worth considering.

This card is designed for small business owners who want a simple and straightforward credit card option, without any confusing rewards programs or complicated fees.

Card basics

The Blue Business Plus Credit Card from American Express is a credit card that offers 2X Membership Rewards points on all eligible purchases, up to $50,000 per year. After that, you’ll earn 1 point per dollar spent.

There is no annual fee for this card, and the introductory APR is 0% for the first 12 months on purchases (after which the APR will be 13.24%-19.24%). This card also offers purchase protection and extended warranty on eligible purchases.

Drawbacks to this card

While the Blue Business Plus Credit Card from American Express is a great option for many small business owners, there are a few drawbacks to keep in mind. For example, this card doesn’t offer any travel rewards or cash back options.

Additionally, the 2X bonus points only apply to the first $50,000 in eligible purchases per year, which may not be enough for some businesses.

Benefits and perks of the Blue Business Plus Credit Card from American Express

Welcome bonus

If you’re a new cardmember, you’ll qualify for the welcome bonus of 15,000 Membership Rewards points after you make $3,000 in eligible purchases in the first 3 months of card membership. These rewards can be redeemed for travel, merchandise, and gift cards, among other things.

Everyday purchase power

One of the biggest benefits of the Blue Business Plus Credit Card from American Express is the 2X bonus points on all eligible purchases. This means that you’ll earn double the rewards on every purchase, up to $50,000 per year.

You can use these points for travel, merchandise, and other rewards through the Membership Rewards program.

Introductory APR

Another great feature of this card is the introductory APR of 0% for the first 12 months on purchases. This can be helpful if you’re planning to make a large purchase for your business and need some extra time to pay it off.

After the introductory period, the APR will be 13.24%-19.24%.

Expanded buying power

With the Blue Business Plus Credit Card from American Express, you can enjoy expanded buying power beyond your credit limit. This means that you can make purchases that exceed your credit limit, up to a certain amount.

This feature can be helpful if you need to make a large purchase for your business that goes beyond your credit limit. $0 annual fee

One of the biggest benefits of the Blue Business Plus Credit Card from American Express is the fact that there is no annual fee.

This means that you can enjoy all the rewards and benefits of the card without having to pay any additional fees.

Purchase protection

The Blue Business Plus Credit Card from American Express offers purchase protection on eligible purchases, which means that you’ll be covered if your item is stolen or accidentally damaged. This can be helpful if you’re purchasing expensive items for your business, such as electronics or equipment.

Extended warranty

In addition to purchase protection, this card also offers extended warranty coverage on eligible purchases. This means that you’ll be covered beyond the manufacturer’s warranty, giving you extra peace of mind when making large purchases for your business.

In conclusion, the Blue Business Plus Credit Card from American Express is a good option for small business owners looking for a simple and straightforward credit card with good rewards. While it doesn’t offer travel rewards or cash back options, it does offer 2X bonus points on all eligible purchases, expanded buying power, and a $0 annual fee.

Additionally, the card offers purchase protection and extended warranty on eligible purchases. If you’re a small business owner looking for a no-frills credit card with good rewards, the Blue Business Plus Credit Card from American Express is worth considering.

If you’re a small business owner, the Blue Business Plus Credit Card from American Express can be a great tool for earning and redeeming Membership Rewards points. In this article, we’ll take a closer look at how to earn and redeem Membership Rewards with this card, as well as some frequently asked questions.

Best ways to earn

One of the best ways to earn Membership Rewards points with the Blue Business Plus Credit Card from American Express is by using it for all of your small business expenses. With 2X bonus points on all eligible purchases, up to $50,000 per year, you can quickly earn a lot of points just by using this card for your day-to-day business expenses.

Another way to maximize your points earning potential is to add employee cards to your account. Every time one of your employees uses their card for a business purchase, you’ll earn points on that transaction.

Plus, you can set spending limits and track expenses more easily with employee cards.

Maximizing your redemptions

When it comes to redeeming your Membership Rewards points, there are plenty of great options available. One of the most popular ways to redeem points is for travel, either through the Amex Travel website or by transferring your points to Amex’s airline and hotel partners.

Transferring points to partners can often give you better redemption rates and more flexibility when booking travel. Another option for redeeming your points is to use them for merchandise or gift cards.

However, keep in mind that these types of redemptions typically offer lower value than travel redemptions, so it’s worth considering your options carefully.

Blue Business Plus Credit Card from American Express transfer partners

In addition to Amex’s travel portal, the Blue Business Plus Credit Card from American Express also lets you transfer your Membership Rewards points to a number of airline and hotel loyalty programs. Some of these transfer partners include:

– Delta SkyMiles

– British Airways Executive Club

– JetBlue TrueBlue

– Marriott Bonvoy

– Hilton Honors

By transferring your points to one of these programs, you’ll have more options and flexibility when booking travel.

Keep in mind that transfer ratios vary by program, so it’s important to check the rates before transferring your points.

FAQs about the Blue Business Plus Credit Card from American Express

Is the Blue Business Plus Credit Card from American Express a charge card? No, the Blue Business Plus Credit Card from American Express is a credit card, which means you’ll have a credit limit and will have to make monthly payments on your balance.

How much are Amex Membership Rewards points worth? The value of Amex Membership Rewards points can vary depending on how you redeem them.

On average, each point is worth around 1 cent, though you can often get more value by transferring your points to airline and hotel loyalty programs. Does the Blue Business Plus Credit Card from American Express have a foreign transaction fee?

No, the Blue Business Plus Credit Card from American Express does not charge foreign transaction fees, which makes it a great card to use when traveling internationally or making purchases from foreign retailers. While the Blue Business Plus Credit Card from American Express is a great card for small business owners, there are other options available that may better suit your needs.

In this article, we’ll take a look at two other business credit cards to consider: the

Ink Business Unlimited Credit Card and the

Capital One Spark Miles for Business card.

Ink Business Unlimited Credit Card

The

Ink Business Unlimited Credit Card is a cash back credit card that’s great for small businesses that prefer earning cash back instead of redeeming points for travel or other rewards. With this card, you’ll earn 1.5% cash back on all eligible purchases, with no limit to the amount of cash back you can earn.

Additionally, new cardmembers can earn a cash bonus of $750 after spending $7,500 on purchases in the first 3 months from account opening. This offer is one of the highest cash bonuses available for a business credit card.

One area where the

Ink Business Unlimited Credit Card really shines is its 0% introductory APR for 12 months on purchases and balance transfers (after which the APR will be 13.24%-19.24%). This can be a great way to finance large purchases or transfer balances from higher-interest cards at no additional cost.

Other benefits of the

Ink Business Unlimited Credit Card include free employee cards, purchase protection, and extended warranty coverage on eligible purchases.

Capital One Spark Miles for Business card

The

Capital One Spark Miles for Business card is a travel rewards credit card that’s great for small businesses with frequent travel. With this card, you’ll earn 2 miles per dollar on all eligible purchases, which can be redeemed for travel, cash back, gift cards, and more.

New cardmembers can earn a welcome bonus of 50,000 miles after spending $4,500 on purchases in the first 3 months from account opening. This bonus is worth $500 in travel.

One of the biggest benefits of the

Capital One Spark Miles for Business card is the flexibility it offers when redeeming rewards. You can redeem your miles for any travel purchase, including flights, hotels, rental cars, and more.

Plus, you can transfer your miles to a number of different airline loyalty programs, giving you even more options and flexibility. Other benefits of this card include free employee cards, no foreign transaction fees, purchase protection, and extended warranty coverage on eligible purchases.

Which card is right for your business? Choosing the right business credit card depends on your specific needs and preferences.

If you prefer earning cash back and want a card with a generous welcome bonus and introductory APR offer, the

Ink Business Unlimited Credit Card is a great option. On the other hand, if your business is focused on travel and you want a card with flexible redemption options and transfer partners, the

Capital One Spark Miles for Business card is a better choice.

Ultimately, it’s important to compare the details and benefits of each card carefully to determine which one is the best fit for your business. The Blue Business Plus Credit Card from American Express is a great choice for small business owners looking for a no-frills credit card with good rewards.

However, the

Ink Business Unlimited Credit Card and

Capital One Spark Miles for Business card are two other options to consider that may better suit your specific needs. While the

Ink Business Unlimited Credit Card offers cash back rewards and a generous welcome bonus, the

Capital One Spark Miles for Business card offers flexible redemption options and transfer partners.

Ultimately, it’s important to compare the benefits and details of each card carefully to determine which one is the best fit for your business.

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