I’m Finally Getting The Amex Blue Business Plus Card!

Update: This offer for The Blue Business℠ Plus Credit Card from American Express has expired. Learn more about the current offers here.


In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. Thanks for your support!

At the beginning of the year I wrote about the four credit cards that I want but don’t have, and among those is The Blue Business℠ Plus Credit Card from American Express. Amex introduced this no annual fee card last year, and it offers 2x Membership Rewards points on the first $50,000 spent each calendar year, which is an unrivaled returned on spend.

I value Membership Rewards points at ~1.7 cents each, so to me the card offers the equivalent of a ~3.4% return on the first $50,000 spent annually, which is incredible. This is the single best credit card in terms of the return it offers on everyday spend. While Ford picked up this card last year shortly after it was introduced, I haven’t yet picked up the card, though I’m finally at a point where I’m able to do so.

Why I haven’t yet gotten the Blue Business Plus Card

The reason I haven’t gotten this card yet is because American Express typically limits you to having five of their credit cards at any given point (this excludes charge cards, like The Platinum Card® from American ExpressThe Business Platinum® Card from American Express OPEN, and The Business Gold Rewards Card from American Express OPEN).

At the moment I have five American Express credit cards — the Amex EveryDay® Preferred Credit Card from American Express, the Starwood Preferred Guest® Credit Card from American Express, the Starwood Preferred Guest® Business Credit Card from American Express, the Hilton Honors Ascend Card, and The Blue for Business Credit Card from American Express, which Amex discontinued last year.

My plan was to cancel the (now discontinued) Blue for Business Credit Card and replace it with The Blue Business℠ Plus Credit Card from American Express. The reason I’ve been waiting is because that card offered a 30% annual relationship bonus on the cardmember anniversary. I spent about $50,000 on the card last year, so that’s a sizable number of points.

Those ~15,000 bonus points finally posted in the past few days, which is why I can now cancel the card.

My strategy for getting the Blue Business Plus Card

The Blue Business℠ Plus Credit Card from American Express doesn’t have a welcome bonus (it’s such a rewarding card that I don’t care, because there’s a high opportunity cost to not having the card). Given that, my plan was to try and product change the Blue for Business Credit Card to the Blue Business Plus Credit Card. So I called the number on the back of my Amex card, though they told me that a product change to the Blue Business Plus Card wasn’t an option — instead they said my only option for getting the Blue Business Plus Card was to apply directly. So I asked the representative to just cancel my card, and said I’d apply online.

Fortunately there’s no downside to applying for an Amex business card, since it doesn’t even show on your credit report as an approval towards the 5/24 limit, so I was indifferent from the beginning as to whether I’d get the card by applying for it directly or simply product changing to it.

The one thing I’m not sure of is how long I should wait between canceling my previous card (getting me below the Amex five card limit) and applying for the Blue Business Plus Card. I’ve never tested the limits in quite this way, so does anyone how long you should wait between canceling your fifth Amex card and applying for another card?

I can’t wait to finally have the Blue Business Plus Card!

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Comments

  1. Hey Lucky – I’m in the same boat as you. Do you think the BB+ card will ever have a sign up bonus again? I know for a short while last year it did, and I honestly wouldn’t mind waiting a few months if you think it would. I do have some 4-figure, non-bonused type of spend coming up in a few months, and the BB+ is probably the most lucrative card out there for it.

  2. My experience with going over the credit card limit with Amex is I applied for the 6th card. It went to pending, then I called them right away and they said I have the maximum credit cards allowed and they actually gave me the option to cancel one of my cards… which I did. So it was a rather painless process.
    Hope this helps

  3. I read a few reports on reddit last week that you can call in and still get the (I believe it was 20k) bonus. Worth a shot!

  4. This is purely anecdotal, but I have waited until the next business day in the past (dropping from 5 cards to 4) and was approved with no issues. I believe I have done this twice now.

  5. I just did the same exact thing last week. No need to wait. You will be approved right away. I did mine the same day and it was no issue whatsoever.

  6. Just out of curiosity, if you’re permanently living in hotels, where do you get your credit cards delivered to? And not just cards but even post in general?

  7. Is it possible to PC to the BBP? I know there’s generally a rule that you can’t change a charge card to a credit card, but for example, would it be possible to PC the Amex Biz Plat to the BBP and keep the MRs? Thanks!

  8. I received my 30% bonus on the old Blue for Business on Jan 16th.

    I wonder why yours took so long??

    I cancelled thereafter and got the new Hilton Business card.

  9. @Lucky,

    I’m about to do this same thing but have a question. I will obviously drop the Blue for Biz but I am sitting on two SPG cards as well. I think the Biz is a keeper due to Sheraton Lounge access but am questioning if I should keep the personal. I don’t need the stay credits as I won’t achieve more than SPG Gold (From Plat card). Do you see any value in keeping both? I’m wondering what will happen when these potentially go away or if they are both worth retaining for some reason.

    Thanks

  10. I had to sign up BB+ without the sign up bonus last November. My question is, if I cancel this card later on and re-apply the same card when there’s a sign up bonus, am I still gonna get the sign up bonus since I didn’t get it the first time I applied?

  11. @ OC JJ — I believe you wouldn’t be eligible for a sign-up bonus on account of having had the card, even if you didn’t receive a sign-up bonus.

  12. @ DW — That’s a good question. Between the SPG personal & business, I do think the business has more value. The one potential consideration is that Amex will continue to issue the business version of the card going forward, while only existing cardmembers will be grandfathered in for the personal version of the Amex. However, Amex will also introduce a premium Marriott card. So personally I would probably just cancel the personal version of the card, since it doesn’t sound like you’re getting all that much value from it.

  13. @ Jonathan — You definitely couldn’t product change that since one is a charge card and another is a credit card. But even many business credit card to business credit card product changes don’t seem to work (just as I couldn’t product change to the Blue Business Plus).

  14. @ GL — It’s a good question, and I wish I had an answer. I really don’t know. My guess is that we won’t see another public bonus on the card anytime soon given how lucrative it is. Usually I’d want to wait for a bonus, but the way I view it, the opportunity cost of not having this card is 25,000 Membership Rewards points per year (based on $50,000 of spend it’s the difference between earning 1.5x points and 2x points), which is more than any sign-up bonus we’ve seen on the card.

  15. Before I made the comment above, I just googled the card and the first link was for the 20k offer. Assume I was targeted, having been logged into my Amex account on that browser – but probably worth a shot calling up and inquiring or doing some incognito searches. Worst case, you waste 10 minutes 🙂

  16. Good Morning from the Paris Sheraton CDG Airport where I am staying on cash and points. I currently have 8 Amex cards. Two SPG one business the other personal, one centurion, one business platinum. Business gold, business delta, Hilton and transferred Hilton from Citi bank and Hilton which was originally an Amex Hilton.

    I learned the hard way nonbusiness cards will destroy your credit score which is the reason I chose the business SPG. Whereas I have a 50K LOC with the personal, I was initially only given 5K with the SPG business. After several months I was allowed to move available credit from the personal to the Business card which means I can stop using the personal card. I use this to keep a balance of at least 100 K points with Miles and More for better last minute travel options.

    I use the Platinum card for earning bonus points on 5K and above purchases to take advantage of the benefit of a 35% rebate on chosen airlines with Platinum or 20% on any airline with Centurian.

    I will cancel the original Amex Hilton card and keep the Citi Hilton because of the higher credit limit although I primarily use this card for Hilton stays only.

    I view Delta points as mostly worthless and have no loyalty to them even though I have status through my centurion card I keep it primarily because it is a business card.

    About the Gold card, I use it for electronic purchases that is limited now since I lost something expensive and realized I did not have the I am stupid for losing something protection I get with the Platinum or Centurian card.

    Regarding the Centurian card I keep it for three reasons, one it would be too expensive to get again, I initially got this card when it was free to obtain. The second reason I am hopeful one day they will add premium benefits outside of Delta for airlines, the last reason is the Hertz benefit of Platinum coverage is incredible and worth the yearly centurion fee alone.

    Not sure what the point of my comments here was for all of these comments, I originally wanted to begin by saying I have more than 5 Amex cards.

    I do a lot of the same processes to take advantage of my chase cards taking advantage to accumulate points mostly for transferring to United. One more credit card comment, I was recently pleasantly surprised at how easy it was to take advantage of the BOA Alaska Airlines points, I obtained two one way first class seats from Manila to Chicago on ANA and then used the 35% off points with Amex for a first class seat from Chicago to PHL. Always a lot to keep up with the changing rules and options, there are others that do a much better job at this than I do but for me managing the balance if you travel a lot or want to take one awesome vacation a year makes it worth it.

  17. I wanted to make this my every day card, but it lacks some benefits. No price protection (no AMEX card has this), but also no return protection, which most AMEX cards do.

  18. The Amex Business Plus is now offering 10,000 Membership rewards points for referrals starting today!
    Let me know if anyone needs a referral and I can send!

Leave a Reply

Your email address will not be published. Required fields are marked *