The Blue Business® Plus Credit Card from American Express is offering 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases within 3 months of Card Membership. We value these 15k points at around $300 in value.
With the card, you earn 2X points on all purchases with no category restrictions. This rate applies to the first $50k in spending per year. You’ll earn 1 point per dollar after that cap is reached.
The card has no annual fee (see Rates & Fees, Terms Apply) but it doesn’t come with many perks. Consider another alternative if your business spending is high. The rewards earned can justify an annual fee.
|Bonus Available||15,000 Membership Reward Points® after you spend $3,000 in eligible purchases within your first 3 months of Card Membership.|
|Ongoing Rewards/Benefits||Earn 2X points on everyday business purchases with no category restrictions. On up to $50,000 in annual spending, then 1x points thereafter.|
|Foreign Transaction Fees?||2.7%|
*Bonus value is an estimated value calculated by MoneysMyLife and not the card issuer. Read our card review for more details.
View our latest valuations here.
See Rates & Fees, Terms Apply
- No annual fee
- Flexible credit limit
- Transfer partners
- Good-Excellent credit needed to qualify
- Capped rewards
- Foreign transaction fees
15,000 Membership Rewards Points Offer
Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases within your first 3 months of Card Membership.
Compare this offer to other top credit card bonuses here.
Here are some ideas to help meet the spending requirement for the bonus:
Earning Membership Rewards Points
The Blue Business Plus card’s rewards structure is pretty straightforward. Get 2 Membership Rewards points for every $1 spent on the first $50,000 in purchases each calendar year. On spending above $50,000, receive 1 point for every $1 spent.
There are no bonus categories to keep track of, which makes the Blue Business Plus a good option for your everyday business purchases. But to get the most bang for your buck, consider pairing it with another card which offers bonus categories that match your company’s spending.
Redeeming Membership Rewards Points
Like many other rewards cards, the value of your points depends on how you use them. Using the program’s travel partners can yield the highest value. Each Membership Rewards point is worth up to an average of $0.02. That’s an excellent value considering the industry standard is just $0.01 per point.
When it comes time to redeem your Membership Rewards points, you have a variety of options, including:
|Travel via Amex or Expedia||$0.005 – $0.01 / point|
|Transfer to travel partners||Varies by partner|
|Statement credits||$0.006 / point|
|Merchandise||Varies by retailer|
|Unique experiences||Varies by venue|
|Gift cards||Varies by retailer|
|Charity donations||$0.007 / point|
The best way to use your Membership Rewards points is to transfer them to one of 20+ travel partners (see below). This lets you leverage your earned points for higher-class flights with various airlines and routes. Or, premium rooms at higher-tier hotels. With this strategy, you can get up to an average value of 2 cents per point.
The Blue Business Plus Card’s Expanded Buying Power
The Blue Business Plus credit card allows you to spend beyond your credit limit to make big purchases for your business, at no extra cost. You’ll earn points on these large expenses as well.
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 American Express, and other factors.
Any amount spent over your limit must be paid back on top of the minimum payment due that billing period. If you fail to pay it in full, you’ll get hit with a high penalty APR which will negate any rewards earned from the purchase.
Looking for a low-cost, no-frills rewards card for your business? The Blue Business Plus Credit Card from American Express is a worthy consideration. It gives you a decent rewards rate, excellent points value and room to spend beyond your credit limit, when needed.
But if you’re looking for a big introductory offer, bonus categories or a good card to travel with, you’ll want to give the Blue Business Plus card a pass.
What’s The Competition?
Below are some of the top competitors/alternatives to the Blue Business Plus card from American Express you should consider.
Here are some other good business card options that don’t cost you anything to carry:
These Amex cards have annual fees, but offer great rewards. Worth a look if your business spending is significant.
|OFFER LINK||OFFER||OUR REVIEW|
|Chase Business Complete Banking℠||$300 Cash||Review|
|Chase Total Checking®||$225 Cash||Review|
|Chase Secure Banking℠||$100 Cash||Review|
|Chase First Banking℠||$25 Cash||Review|
|TD Bank Beyond Checking||$300 Cash||Review|
|TD Bank Convenience Checking℠||$150 Cash||Review|
|HSBC Premier Checking||$450 Cash||Review|
|HSBC Premier Checking||Up To $600||Review|
|Axos Business Checking||$100 Cash||Review|
|Aspiration Checking||$150/$200 Cash||Review|
|Ally Invest||Up To $3,000||Review|
|Betterment||Up To 1 Year Free||Review|
|BlockFi||Up To $250 BTC||Review|
|Voyager (code BH5F1A)||$25 In BTC||Review|
|Coinbase||$10 In BTC||Review|
|Motley Fool||Stock Advisor Discount||Review|