SimplyCash® Plus Business Credit Card from American Express
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SimplyCash® Plus Business Credit Card from American Express
Highlights & Features
Rewards
- 5% cash back at U.S. office supply stores and on wireless telephone services purchased directly from U.S. service providers
- 3% cash back on your choice of 1 category:
- Airfare purchased directly from airlines
- Hotel stays
- Select car rentals
- U.S. gas stations
- U.S. restaurants
- U.S. purchases for advertising in select media
- U.S. purchases of shipping
- Purchases of hardware, software, and cloud computing services from select U.S. providers
- 1% cash back for all other purchases
- Spending limit: 5% and 3% rewards limited to $50,000 in spending per calendar year
Balance Transfers
A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.
| Intro Balance Transfer APR | N/A |
| Regular Balance Transfer APR | See Terms |
| Balance Transfer Fee | See Terms |
Fees
| Penalty APR | See Terms |
| Late Fee | See Terms |
| Returned Payment Fee | See Terms |
| Additional Cards Annual Fee | N/A |
| Foreign Transaction Fee | See Terms |
Cash Advances
Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.
| Cash Advance APR | N/A |
| Cash Advance Fee | See Terms |
SimplyCash® Plus Business Credit Card from American Express
Highlights
- 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
- Terms apply
ABOUT THE ISSUER
American Express Business
American Express Business has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your
Credit card issuer's websiteThe SimplyCash® Plus Business Credit Card from American Express was designed with the needs of small business owners in mind. It offers cash back for common business purchases, and you as the cardholder can decide one of the categories you want to earn rewards in.
This card is unique because it allows you to spend a certain amount over your credit limit each month. This amount is limited, and it needs to be paid back in full by the due date or you’ll incur the penalty interest rate. The amount you can pay over the credit limit will be determined by your use of the card, your credit history, and other factors.
This card has no annual fee and the cash back is in the form of a statement credit.
Due to the impact of COVID-19, for eligible card accounts approved from 12/1/19 through 5/31/20, the period to make eligible purchases to earn the welcome bonus will be extended for an additional three months.
