AmEx Blue Business Cash™ Credit Card Review

Blue Business Cash™ from American Express® — all information about the credit card.

By Myfin Team
Updated March 01, 2024

Good Choose for Daily use

Blue Business Cash™ American Express
Our Rating:
3.15 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 2% Cash Back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
  • Intro Offer:
    • $500 Earn a $500 statement credit after you spend $8,000 in purchases on your Card in your first 3 months.
  • Annual Fee:
    $0
  • Purchase Intro APR:
    0% Introductory APR for the first 12 months from the date of account opening
  • Regular APR:
    18.49% - 26.49% Variable
  • Balance Transfer APR:
    None
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American Express® Blue Business Cash™ Rewards Calculator

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All benefits

  • Cash back
    • 2% On all eligible purchases on up to $50,000 per calendar year, then 1%.
  • Travel
    • Car Rental Loss and Damage Insurance:
    • As a Card Member, You can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory when You use your Eligible Card to reserve and pay for the Entire Rental and decline the collision damage waiver at the Rental Company counter.
    • Global Assist® Hotline:
    • Sometimes the unexpected happens when you travel. A passport is lost. You come down with a sudden illness. A lawyer is needed. Being a Card Member can make things easier. Global Assist® Hotline can help you prepare for your trip with customs information and more. And while you’re traveling more than 100 miles from home, coordination and assistance services such as lost passport replacement assistance, translation services, missing luggage assistance, and emergency legal and medical referrals are a phone call away. Card Members are responsible for the costs charged by third-party service providers.

Rate and fee information

  • Purchase Intro APR
    • 0% Introductory APR for the first 12 months from the date of account opening
  • Purchase APR
    • 18.49% - 26.49% Variable
  • Intro Balance Transfer APR
    • None
  • Balance Transfers APR
    • None
  • APR for Cash Advances
    • None
  • How to Avoid Paying Interest
    • Your due date is at least 25 days after the close of each billing period. You will not be charged interest on purchases if you pay your entire balance by the due date each month. You will be charged interest on balance transfers on the transaction date. If you pay the Minimum Payment Due by the Closing Date of the billing period in which it is due each month, you will not be charged interest on the Amount Above the Credit Limit.

Fees

  • Annual Fee
    • $0
  • Fees for Balance Transfer
    • If eligible, either $5 or 3% of the amount of each transfer, whichever is greater
  • Penalty Fees
    • 29.99%
  • Return Payment
    • $39
  • Late Payment
    • Up to $39
View all Rates & Fees

Pros & Cons

Pros:
  • High rewards potential
  • Competitive APR
  • Welcome bonus
  • No annual fee
Cons:
  • High foreign fees
  • Cash back limits
  • Credit rating requirements
  • Balance transfers and cash advances are not available

Features

Classic
American Express
Contactless
  • 0% Intro APR
  • No Annual Fee
  • Cashback
  • Payment Flexibility
  • Fraud Protection
  • Rewards
  • Purchase Protection
  • Extended Warranty Protection
  • Travel
  • Auto Rental Insurance
  • 24/7 Travel Assistant
  • Good Credit
  • Excellent Credit

About the issuer

American Express® has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your

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American Express Blue Business Cash Credit Card Review

In this article, we’ll review the Blue Business Cash Credit Card from American Express.

The American Express Blue Business Cash credit card is a great card for small-businesses seeking cash-back rewards. When you factor in up to 2% cash back, 0% introductory APR, welcome bonus, zero credit limit, and no annual fee, this card is ideal for entrepreneurs who want to finance their business expenses. There is a yearly spending cap of $50,000 at the 2% rate, and after that, the cash back lowers to 1%. Certainly, for startup business expenses, this could be a helpful way to get significant cost savings.

American Express Blue Business Cash Credit Card: pros and cons

Pros: Cons:
High rewards potential. Earn 2% cash back on all eligible purchases up to $50,000 per calendar year. 1% is eligible on remaining charges until the start of the new year. Cash back limits. Capped $50,000 spending limit per year at the 2% rate can limit rewards potential.
Competitive APR. The Card has a 0% introductory interest rate on purchases for the first 12 months (18.49% - 26.49% variable APR thereafter). High foreign fees. There’s a 2.7% foreign transaction fee if the business takes you out of the country.
Welcome bonus. Earn a $250 statement credit after making $3,000 in purchases on the Card in the first 3 months. Credit rating requirements. To get this card, you’ll need to have a Good to Excellent credit rating.
No annual fee. There is no yearly fee assessed for using this card.

Rewards system in a nutshell

Earning cash back rewards with the American Express Blue Business Cash Credit Card is pretty simple. Eligible purchases earn 2% cash back up to a cap of $50,000 in total purchases within a calendar year. After the cap is met, any remaining purchases within the year will earn 1% cash back. At the beginning of a new calendar year, the cash back percentage returns to the original 2% again. Couple all that with a $250 welcome bonus after spending $3,000 in the first ninety days and you have strong reward-earning potential.

Cash back redemption is handled exclusively as a statement credit, with no options for checks or direct deposit. Credits appear by the second billing statement received after the statement with the eligible purchases. Either way, cardholders are receiving a cash back benefit, but if the intent is to receive cash to use for other purposes, then this card isn’t a good choice.

The cash back rate is based on $.02 per dollar spent for the first $50,000 in eligible purchases. After the $50,000 threshold is reached, rewards are reduced to $.01 per dollar spent. The rewards value is still quite good, especially if there is a need to make large purchases, but once the $50,000 spending is reached it might make sense to hold off on further large purchases until the next calendar year begins if possible.

Who can benefit from getting the American Express Blue Business Cash Credit Card?

The American Express Blue Business Cash Credit Card is a rewards card for business, so it’s not available to consumers.

The card is ideal for entrepreneurs and small business owners looking for a high rate of cash back rewards on their purchases. The 2% cash back rate, without an annual fee, means that businesses can avoid the expense of having the card while earning rewards on the purchases they already need or plan to make. The $250 welcome bonus is another valuable benefit for a small or startup business in which managing every penny earned and expense paid matters a great deal.

An introductory APR of 0% for 12 months on qualifying purchases will be attractive to small businesses that need financing. After the introductory period, the APR reverts to 18.49% - 26.49% Variable APR. Balance Transfers are not eligible for the cash back option and earn the regular APR regardless of when the transfer occurs.

So, if you’re a new or small business that has planned expenses of less than $50,000 a year, this card is a great way to earn high cash back amounts that redeem directly to the card as a credit and will help to build your business efficiently and economically.

Are there any other benefits?

Besides the good potential of cashback rewards, other nice benefits make this card even more attractive. Some of these are:

  • Account Manager – Cardholders can entrust access to the card account to another individual to enable them to manage the card in their place.
  • Car Rental Loss and Damage Insurance – Enhanced car rental insurance is available with this card to help safeguard cardholders when they utilize car rental services.
  • Extended Warranty Services – Extends the warranty service for major purchases above and beyond the regular manufacturer’s warranty.
  • Purchase Protection – Provides basic protection against damage and/or theft for items paid for with the card within a specific period of time.

Conclusion

For a new or small business, this card is the perfect choice to help foster healthy growth. The combination of a $250 welcome bonus, 2% cash back on qualifying purchases, and 0% annual interest rate on your credit means there is a lot to be excited about with this card.

However, for larger businesses or those, who may be interested in spending more than $50,000 per year, this card may not be the best choice since the cash back rate drops to 1% after the cap is reached in that same year. Similarly, if travel rewards are required, this card isn’t ideally suited for that and a better card would be one that specifically earns travel benefits.

If the features and benefits of the American Express Blue Business Cash Credit Card meet your particular company’s needs, and you meet the credit requirements, then this card is definitely the right one to have.

FAQ

What is the customer service phone number for the American Express Blue Business Cash Credit Card?

Customer service is available 24 hours a day and 7 days a week by calling American Express at 1-800-528-4800.

How to check my application status for the American Express Blue Business Cash Credit Card?

The status of an application may be inquired upon by calling 1-877-239-3491, Monday – Friday: 8 am – 12 am EST and Saturday: 10 am - 6:30 pm EST.

If I cancel the American Express Blue Business Cash Credit Card will I still receive cash back on purchases made before the cancellation?

You will not receive cash back if the card account is canceled or in default at the time the credit is paid.

Can I get additional copies of my American Express Blue Business Cash Credit Card for my employees to use?

Yes. You can order additional cards on the account for employee use, up to a total of 99 cards.
Myfin TeamMyfin Team

Author, editor

content@myfin.us
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