American Express Blue Business Cash™ Card Review

The American Express Blue Business Cash™ Card offers an impressive 2% cash back on all purchases up to $50,000 each calendar year, a rate that makes it competitive with other cash back cards in the market. The rewards structure is straightforward, making it ideal for businesses with diverse expenses. However, after hitting the $50,000 mark, the rewards rate drops to 1%, a feature that might limit the earning potential for high-spending businesses.

This card offers all its features and benefits without an annual fee. No yearly fee means one less expense for small businesses, giving them a higher return on their spending. Plus, without a recurring fee, even modest spending businesses can realize a net gain from the cash back rewards.

For businesses making large purchases or those needing some initial breathing room, the introductory 0% APR for the first 12 months could be a decent benefit. This interest-free period is relatively short compared to other cards but allows businesses to manage their cash flow better by spreading the cost of purchases over a year without accumulating extra charges. However, after the introductory period, the APR jumps to a variable rate between 18.24% and 26.24%, so it’s crucial to pay off purchases before the promotional period ends to avoid hefty interest charges.

One distinct feature of the American Express Blue Business Cash™ Card is the Expanded Buying Power. This allows businesses to spend over their credit limit, offering flexibility when unexpected expenses occur. There are no over-limit fees, making it easier to manage larger purchases or handle emergencies. Note, though, that the amount you can spend above your credit limit isn't unlimited and adjusts with your card use, payment history and credit record.

One downside to this card is the absence of a welcome offer, a perk commonly found with many business credit cards. These offers often provide a substantial boost in rewards for new cardholders after they meet the spending requirement. This missing feature means businesses may miss out on a significant initial bonus that could offset costs or be reinvested into the business. Nonetheless, the card's ongoing benefits, like high flat-rate cash back, no annual fee and expanded buying power, may still make it an appealing option for many small businesses.