It’s no secret that running a business is expensive. That’s why the SimplyCash Plus Business Credit Card from American Express (a NextAdvisor advertiser) is the perfect card for any business owner. Not only does this card earn some impressive cash back rewards on all your business purchases, but it also has a special offer that makes paying off new purchases a bit easier. That’s because cardholders will get a 15-month 0% intro APR on purchases, which means you won’t have to pay interest on any of your big or small purchases for over a year! Want to see if the SimplyCash Plus Business Credit Card from American Express is right for your business? Keep reading to learn all about what this card has to offer.

What does the SimplyCash Plus Business Credit Card offer?

SimplyCash Plus Business Credit Card
  • Special offer: get a 15-month 0% intro APR on purchases
  • Earn 5% cash back on the first $50,000 spent at U.S. office supply stores and on wireless telephone services purchased directly from U.S. service providers
  • Earn 3% cash back on the first $50,000 spent in the category of your choice — there are 8 to choose from
  • Earn 1% cash back on all other purchases
  • Pay no annual fee

The SimplyCash Plus Business Credit Card from American Express is a great card for any business owner. As noted above, you’ll get a 15-month 0% intro APR on purchases, allowing you to purchase any equipment, supplies or anything else your business may need without worrying about interest for over a year. Additionally, you’ll earn cash back on your business-related purchases. To start, you’ll earn 5% cash back for purchases made at U.S. office supply stores and wireless telephone services purchased directly from U.S. service providers (up to the first $50,000/year on purchases, then it’s 1% back). Next, you’ll earn 3% cash back on the category of your choice¬†(up to the first $50,000/year on purchases, then it’s 1% back), as well as 1% cash back on all other purchases. The 3% categories you can choose from include:

  • Airfare purchased directly from airlines
  • Hotel rooms purchased directly from hotels
  • Car rentals purchased from select car rental companies
  • Purchases at U.S. gas stations
  • U.S. purchases for advertising on social media
  • U.S. purchases for shipping
  • Purchases at U.S. restaurants
  • U.S. computer hardware, software and cloud computing purchases made directly from the select providers

Cash back earned with the SimplyCash Plus Business Credit Card from American Express is automatically credited to your statement, which means you don’t have to worry about rewards points, something a lot of consumers find confusing.

On top of the intro APR opportunity and the cash back rewards potential, cardholders will receive expanded buying power, which means you can spend over your credit limit, a nice option when any unexpected expenses arise. If you do buy over your credit limit, the amount above your credit limit is due in full each month as part of your minimum payment due. What’s more, you don’t have to worry about overlimit fees or take any extra steps to make sure you can make the purchase.

SimplyCash Plus Business Credit Card from American Express holders also receive free employee cards and the ability to set employee card spending limits. You can also connect the card to Quickbooks, making it easier for you to track your purchases and balance your books. Other perks of the card include access to a 24/7 roadside assistance hotline, car rental loss and damage insurance, extended warranty and more.

Does the SimplyCash Plus Business Credit Card have downsides?

While the SimplyCash Plus Business Credit Card is one well-rounded credit card, it isn’t the best option for any business owners who travel overseas. That’s because the card has a 2.7% foreign transaction fee, which means you may return from an overseas trip with a surprise bill. If you or your employees do a lot of traveling, you’ll want to consider Capital One Spark Miles Select for Business. This card has a slightly shorter 0% intro APR period, but its perks and rewards may make it worthwhile. Kicking things off is a 9-month 0% intro APR on purchases and no annual fee. Next, when you spend $3,000 on purchases within the first 3 months, you’ll get a one-time bonus of 20,000 miles, and you’ll earn an easy 1.5 miles per $1 spent on all purchases. Miles earned with the card can be redeemed for travel, cash, gift cards, brand-name merchandise and more. Other perks of the Capital One Spark Miles Select for Business card include no foreign transaction fees and no annual fee.

Should you apply for the SimplyCash Plus Business Credit Card?

Businesses that spend a lot on wireless telephone services, office supply stores or one of the eight categories bulleted above will be satisfied with the SimplyCash Plus Business Credit Card from American Express. It’s especially helpful if you need to make a large or small purchase and don’t want to pay interest, as the 15-month 0% intro APR on purchases is something you don’t get with most business cards.

Read our SimplyCash Plus Business Credit Card from American Express review to learn more about this card. Also, visit our reviews of the best business cards to get more information about the Capital One card noted above and see how these cards compare to other top options on the market.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.