SimplyCash® Plus Business Credit Card from American Express SimplyCash<sup>®</sup> Plus Business Credit Card from American Express
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SimplyCash® Plus Business Credit Card from American Express Review

Apply for a SimplyCash® Plus Business Credit Card from American Express
Rating:
Bottom Line:
Up to 5% cash back on purchases; $400 bonus opportunity; 0% intro APR on purchases for 9 months. No annual membership fee. Terms apply.

Full Review:
The SimplyCash® Plus Business Credit Card from American Express (a NextAdvisor advertiser) is a great, easy choice for companies who want a card with no annual fee that earns cash back rewards on all their purchases with no fuss. It also offers the option of making purchases above your credit limit and still getting cash back on those purchases.

Users will earn 5% back at U.S. office supply stores and on wireless phone services purchased directly from U.S. service providers (on up to $50K in combined purchases annually - after that 1% back). They'll also get 3% back on purchases in the category of their choice (on up to $50K in purchases annually - after that 1% back). This is a fascinating option which allows cardholders to pick from eight possible categories: (1) airfare purchased directly from airlines, (2) hotel rooms purchased directly from hotels, (3) purchases from select major car rental companies, (4) purchases at U.S. gas stations, (5) purchases at U.S. restaurants, (6) purchases made in the U.S. for shipping, (7) purchases made in the U.S. for advertising in select media, and (8) computer hardware, software, and cloud computing purchases made in the U.S. directly from select providers. Choose carefully though - you can only change the category once a year during the enrollment period. All other purchases will earn the standard 1% cash back.

Cash back rewards are automatically credited to the following month's statement, so users don't need to worry about remembering to redeem them. There's also a $200 statement credit after spending $5,000 in the first 6 months and an additional $200 statement credit after spending an additional $10,000 in the first year you have the card. That's a pretty great $400 bonus for basically spending $15,000 in 12 months, which is generally pretty easy for businesses to do.

If like most businesses, there is a month where your purchase amount is likely to exceed your credit limit, don't sweat it. SimplyCash® Plus Business Credit Card from American Express has you covered by letting you buy over your credit limit without paying an overlimit fee, calling in a special request or jumping through any more hoops. Any amount you charge above your credit limit is due in full as part of your Minimum Payment Due the next billing cycle, but it's nice to know the option is there (note: the Min. Due is due 25 days after your previous cycle closes). Plus, you'll earn cash back on all the purchases over your credit limit.

SimplyCash® Plus Business Credit Card from American Express also features an intro APR of 0% on Purchases for 9 months. This can come in handy for any small or large purchases that come up, saving you money on interest fees and giving you a little leeway in paying down the balance.

Other card benefits include free employee cards, which can help rack up more cash back rewards, purchase protection and extended warranty. Plus, the Receipt MatchSM feature helps to manage business expenses by letting you add notes, receipts and tags to your card transactions with your computer or mobile phone. It also lets you manage your employee cards buy setting employee spend limits and keeps you in the loop by sending spending alerts when an employee hits their limit.

SimplyCash® Plus Business Credit Card from American Express is a smart choice for any business looking to earn significant cash back rewards. Add in an introductory APR of 0% on Purchases for 9 months, a reasonable ongoing APR and all the benefits of the American Express® program, and you've got a smart choice.

Highlights From American Express
  • Special Offer: Earn up to $400 cash back
  • Earn a $200 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
  • Plus, earn an additional $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
  • No Annual Fee. Plus, more buying power and more cash back. Get cash back on business purchases, even those above your credit limit.
  • 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
  • 3% on the category of your choice from a list of eight and 1% cash back on other purchases.
  • 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% applies thereafter. Cash back received is automatically credited to your statement.
  • Terms and limitations apply

Redeem Rewards
  • Unlimited cash back rewards.
  • Cash back on purchases is automatically credited to your statement each month

Fees and APR
  • Annual Fee: $0
  • Purchase APR: 0% on Purchases for 9 months, then 13.24% - 20.24% Variable.
  • Foreign Transaction Fee: 2.7% of each transaction after conversion to US dollars.
  • Penalty APR: 29.99% (Prime Rate+ 25.99%) 
  • Returned Payment Fee: Up to $38.


Apply for a SimplyCash® Plus Business Credit Card from American Express

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Card Details

Features:$400 bonus opportunity; 5% cash back on US office supply stores & wireless telephone service; 3% cash back on category of your choice; 1% cash back on eligible purchases. Terms apply.
Purchase APR:0% on Purchases for 9 months, then 13.24% - 20.24% Variable
Annual Fee:$0
Credit Needed:Excellent, Good

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