I was shocked when Amex introduced The Blue Business® Plus Credit Card from American Express, as it’s the single most lucrative card out there for non-bonused business spend, which I wasn’t expecting from a no annual fee card. So let’s take a closer look at the benefits:
- Earn up to $300 back to boost your business. You can earn up to $100 in the form of statement credits at each of the following merchants: Dell Technologies, DocuSign or FedEx after you make an eligible purchase on your new Card within the first 3 months of Card Membership.
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- Enjoy the flexibility to put more purchases on the Card and earn rewards when you buy above your credit limit*.
- You've got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- More buying power for your business means more opportunities to earn points. That's everyday business with the Blue Business Plus Card.
- *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.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.24% - 19.24%, based on your creditworthiness and other factors at account opening.
- No Annual Fee
- Terms Apply
The Blue Business Plus Card has a very simple rewards structure. The card offers 2x Membership Rewards points on the first $50,000 spent per calendar year, and then 1x points per dollar spent thereafter.
I value Membership Rewards points at 1.7 cents each, so to me, that’s like a return of 3.4% on the first $50,000 spent on the card annually, which is a fantastic return.
As far as I’m concerned, this is the single most lucrative card for non-bonused spend, whether we’re talking about personal or business cards. Based on my valuation of points, this is the only card that offers a return of over 3% on non-bonused spend.
Of course, the catch is that you’re limited to earning those points on the first $50,000 spent annually. For some, that’s not much of a restriction, while for others it’s severely limiting.
I should also mention that this card earns Membership Rewards points that can be transferred to Amex airline and hotel partners. There aren’t many no annual fee cards that are enrolled in the “full” Membership Rewards program, so that in and of itself is a reason to keep this card. You can read more about the Membership Rewards transfer partners here.