The Blue Business Plus from American Express offers simple rewards for your business spending, but it’s missing some key features some businesses may need.
Having the right business credit card in your wallet can go a long way in helping you save money for your business and make the most of your spending. And the Blue Business® Plus Credit Card from American Express is one of the most popular business credit cards on the market today.
The Blue Business Plus has plenty of perks that business owners want, including solid rewards rates, travel benefits and a welcome bonus.
Is it right for your business? In this article, we’ll discuss when the Amex Blue Business Plus is worth it and whether you should add it to your business toolbox.
When is the Amex Blue Business Plus card worth it?
The Blue Business Plus can be the right card for you in several scenarios.
If you want simple rewards for your spending
If you want a business credit card that rewards you for your spending, then the Blue Business Plus is a solid choice. With this card, you’ll get 2X Membership Rewards points on the first $50,000 you spend. Once you cross the $50,000 threshold, you’ll get 1X points. This card is great for businesses that spend in all sorts of categories since it offers the same rewards rate across the board.
If you want flexible rewards
One of the things consumers love most about Amex Membership Rewards points is the flexibility. There are multiple ways to redeem your rewards points, and you can choose which to use. Here are a few of your options:
- Redeem for a statement credit to cover card purchases
- Book travel through the American Express Travel portal to receive an increased value for your points
- Cover purchases at checkout with Amex’s Pay with Points program
- Redeem your points for gift cards from a variety of participating locations
- Transfer your points to a frequent traveler program for an airline or hotel
Keep in mind that the value you’ll get for your points varies depending on how you redeem them. You’ll get the best value by booking flights through American Express travel, transferring points to certain loyalty programs or buying gift cards from certain companies.
If you want a credit card welcome bonus
Just like personal credit cards, many business cards offer welcome bonuses to help you earn lots of points right off the bat when you reach a certain spending threshold. The Blue Business Plus offers cardholders 15,000 Membership Rewards points when they spend $3,000 on eligible purchases in the first three months of holding the card. That’s only $1,000 per month, which is no problem for most businesses.
If you don’t want to pay an annual fee
Many of the top business credit cards on the market require an annual fee. If you want to skip the annual fee while still earning decent rewards for your business spending, then the Blue Business Plus might be the right card for you.
When is the Amex Blue Business Plus card not worth it?
The Blue Business Plus is a solid cash back card, but it may not be your best choice under these scenarios:
If you spend a lot on business travel
Travel rewards tend to be a favorite among many cardholders, especially those who travel a lot for business. And while your Amex Membership Rewards points can be used for travel, the Blue Business Plus doesn’t come with many of the travel perks included with other cards.
For example, there are no increased rewards for travel spending, nor is there lounge access, airline fee credit or any of the benefits we expect to see with top travel credit cards. The card also has a 2.7% foreign transaction fee, so it’s not the best choice for international travel.
If you spend significantly more than $50,000
We love that the Blue Business Plus offers 2X Membership Rewards points on your spending. Unfortunately, it only offers this rewards rate up to $50,000 per year. Once you reach the threshold, you’ll earn just 1X points on your spending. Plenty of businesses spend far less than $50,000, but those that spend more may want to consider more rewarding options.
If you spend a lot in certain categories
With the Blue Business Plus, you’ll earn 2X points on all of your everyday purchases. But if you spend a lot in certain categories and less in others, then you might be better off choosing a card with bonus rewards categories.
For example, the American Express® Business Gold Card offers 4X Membership Rewards points in the two categories where you spend the most, while other cards offer higher points for spending on travel, business supplies, restaurants and more. So before choosing a card, consider where you do most of your business spending.
Should you get the Amex Blue Business Plus card?
If your business spends less than $50,000 per year in various categories and you don’t need any special travel perks, the Blue Business Plus may be a great fit, thanks to its solid rewards rate and no annual fee. If your expenses are higher and concentrated in certain categories, or you travel frequently, a different card may be a better fit.
Having the right business credit card in your toolbox can go a long way in helping you save money on business expenses, and there a lot of great options on the market. If the Blue Business Plus from American Express isn’t the right fit for your business, keep looking for the best business credit card for you.