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Amex Blue Business Plus Review (2021) – Perfect For Small Business Owners

Last updated: February 27,2022
Originally Published: December 17,2021
by Jestan Mendame

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The Amex Blue Business Plus is perfect for small business owners who are looking for a simple, less complicated and affordable business credit card.

Most business cards have high annual fees that can range between $100- $600 but the Blue Business plus is a no-annual-fee card that comes with a solid flat rate for earning points so you can rack up points a lot faster.

Before you decide on getting this card, lets’ dive in to some of the important details that you need to know!


Read More: Amex Blue Cash Everyday vs Amex Blue Cash Preferred, Which Is Better?


Amex Blue Business Plus

Key Details:

  • 15,000 welcome bonus after spending $3,000 within 3 months of card membership
  • 2x points on business expenses on up to $50,000 in one calendar year
  • Expanded buying power
  • 0% Intro APR for 12 months, then a variable rate, 13.24% – 21.24% based on your creditworthiness and other factors at account opening (Terms Apply)
  • Free employee cards

The card doesn’t have annual fees but it does carry foreign transaction fees.

Welcome Offer

For the past few years, the Blue Business Plus Credit Card from American Express didn’t have a welcome offer but now, new cardholders can get 15,000 Membership Rewards points after meeting the spending threshold of $3,000 within three months of card membership.

15,000 points are worth $150 at most when redeemed through the Amex Rewards Portal. Here are the different redemption values you’ll have for other categories according to American Express.

  • Gift cards – 0.5 -1 cents per point
  • Online checkout – 0.5 – 1 cents per point
  • Online shopping – 0.5 – 1 cents per point
  • Travel – 0.5 – 1 cents per point
  • Statement credit – 0.6 cents per point

However, you can even get more value with your 15k points through travel transfers. You can redeem your points between 0.8 cents to 1.2 cents apiece (or even more) through these transfer partners below.

  • Asia Miles – 1:1
  • British Airways Executive Club – 1:1
  • Delta SkyMiles – 1:1
  • Emirates Skywards – 1:1
  • Etihad Guest – 1:1
  • Finnair Plus – 1:1
  • Flying Blue – 1:1
  • Iberia Plus – 1:1
  • Marriot Bonvoy – 2:3
  • Qantas Frequent Flyer – 1:1
  • SAS EuroBonus – 1:1
  • Singapore KrisFlyer – 3:2
  • Virgin Atlantic Flying Club – 1:1
  • Hilton Honors – 1:2
  • Marriot Bonvoy – 2:3
  • Radisson Rewards – 1:3
  • Club Eurostat – 15:1
  • Nectar – 1:1

Rewards

The simplicity of the Amex Blue Business Plus makes it stand out from other business credit cards. It doesn’t have rotating categories so you don’t have to worry about where and when to spend to earn the most points on your card.

You’ll earn 2x points on all business purchases whether it’s for office supplies, client dinners, travel expenses, and more. The 2x rate applies to the first $50,000 of your credit card purchases within a calendar year. If you meet that threshold before the year ends, you’ll only earn 1x point on your purchases.

2X earning on your business expenses for no annual fee is an excellent option for small business owners.
Image courtesy of EnvatoElements.com

Just take note that a flat rate card might not be the best cad for everyone. For example, if you’re a business owner who spends a lot on travel purchases, it’s best to pair the Amex Blue Business Plus with other business cards that offer higher rewards on travel purchases.

A good example would be the World of Hyatt Business Credit Card that comes with a 75k welcome bonus and earns up to 9x points on Hyatt stays and experiences. Or the Amex Business Platinum that comes with a 120k welcome bonus and earns 5x points on prepaid flights and hotels.

Since the Amex Blue Business Plus has a spending limit, it’s good to have at least two cards so you can maximize earning points.

Expanded Buying Power

The expanded buying power feature allows cardholders to spend over their credit limit for whatever reasons they have. Just remember to pay the balance of your additional fees in full before your due date arrives.

Intro Apr

This feature allows you to make purchases with ZERO interest within the first 12 months of card membership, then a variable rate, 13.24% – 21.24%, based on your creditworthiness and other factors at account opening (Terms Apply). It’s best if you take advantage of this benefit by making big purchases within your first year.

Free Employee Cards

You get up to 99 FREE employee cards which can also earn points that go straight to your account. Rather than earning points with only one card, this method makes it easier for you to rack up points a lot faster.


Read More: Is The Amex Blue Business Cash Everyday A Good Card?


Pros & Cons

Pros

  • No annual fees
  • High rewards rate
  • Intro APR period
  • More than 10 transfer partners
     

Cons

  • 2x earnings have a spending threshold of $50,000
  • No premium travel benefits like lounge access or elite status
  • Have foreign transaction fees at 2.7%.

Who Is The Card For?

Since the Amex Blue Business Plus earns a flat 2x points per $1 and has a spending cap of $50,000, it’s perfect for small business owners who only have a few spending categories through the year.

Small business owners can also use the card to make big purchases within one year of card membership to avoid paying interest.

Alternative Cards

The Amex Blue Business Plus’s main drawback is its $50,000 spending cap. There are other cards that comes with the same benefits but don’t have limitations on spending.

Capital One Spark Miles for Business

The Capital One Spark Miles for Business comes with a 50K welcome bonus after spending $4,500 within three months of card membership. It also earns 2x miles on everything but it does not have a spending threshold. However, it does have an annual fee of $95 but it’s waived for the first year.

Chase Ink Business Cash Credit Card

If you’re okay with rotating categories, the Chase Ink Business Cash is for you! The card has a 5% and 2% earning rate but each category has a spending limit of $25,000. You’ll also get $750 cash upon signing up if you meet the spending threshold of $7,500 within the first three months of getting the card.

Bottom line

The Amex Blue Business Plus is perfect for small-time business owners who don’t spend more than 50k each year. You’re better off with the Capital One Sparks Miles for Business even though it has an annual fee or you can opt for a premium business credit card such as the Amex Business Platinum.

  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening.
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary.
  • Receive up to $300 cashback every year as statement credits when booking through Capital One Travel.

 

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