Key takeaways
- The American Specific Blue Enterprise Money™ Card is a stable starter card for easy money again rewards and a low intro APR provide on purchases to assist a rising enterprise.
- No annual price signifies that what you earn is yours, irrespective of how a lot or how little you spend.
- But bigger companies might stand to save lots of extra with a card that rewards focused spending — like on journey or workplace provides — and presents a heftier welcome bonus than this card brings to the desk.
The American Specific Blue Enterprise Money™ Card is a stable money again enterprise card with profitable rewards and no annual price. Whereas excessive spenders could also be higher served with a card that rewards spending specifically classes, this card’s 2 p.c money again charge is difficult to beat for a lot of potential cardholders — and is an particularly good match for small companies and entrepreneurs who might not have a whole lot of bills every month.
You may as well reap the benefits of useful options like Expanded Shopping for Energy and expense administration instruments.
When is the Amex Blue Enterprise Money Card price it?
There are a lot of conditions the place the Amex Blue Enterprise Money Card is likely to be price it. Whereas this card isn’t the perfect match for everybody, it’s an amazing starter card for enterprise homeowners seeking to earn respectable rewards with out incurring a excessive annual price.
You’re searching for a no-fee card
Not like another profitable rewards bank cards, the Amex Blue Enterprise Money Card costs no annual price. So so long as you repay your steadiness every month, you’ll be able to flip a revenue when utilizing this card, irrespective of how a lot or little you spend.
This card will not be the perfect match for giant spenders, but it surely’s a sensible choice for small companies and startups that will not but have important bills every month. Particularly, in case your annual bills are below $50,000, you’ll earn a stable 2 p.c money again in your eligible purchases. As a result of the cardboard has no annual price, it additionally signifies that it’s a terrific method to earn slightly further in your purchases every month with out having to fret about out-earning a excessive price every year.
You’re searching for a easy money again card
The Amex Blue Enterprise Money Card doesn’t have any difficult rewards or spending classes — as an alternative, all eligible purchases earn a flat 2 p.c money again charge (on as much as $50,000 in spending per calendar 12 months). After $50,000 spent, eligible purchases earn 1 p.c again.
It’s a very good match for enterprise homeowners who don’t wish to fear an excessive amount of about maximizing their rewards by spending in several classes, preferring as an alternative to take a set-it-and-forget it method to incomes rewards on enterprise bills.
You wish to reap the benefits of an intro APR on purchases
If your enterprise has a big buy on the horizon, the Amex Blue Enterprise Money Card may very well be a very good match. This card comes with an introductory 0 p.c APR on purchases for the primary 12 months, adopted by a variable APR from 17.99 p.c to 25.99 p.c. Whereas it’s not as prolonged because the intro APR durations supplied by different playing cards, it nonetheless offers enterprise homeowners a slice of time to repay a giant buy with out curiosity.
You wish to reap the benefits of a stable welcome bonus
The American Specific Blue Enterprise Money Card comes with a good welcome provide: Earn a $250 assertion credit score after spending $3,000 in purchases in your card in your first three months of account opening. It is a typical provide for enterprise playing cards. When you have a big buy arising and may meet the spend requirement with out going into debt, then the welcome provide can add to this card’s first-year worth.
When is the Amex Blue Enterprise Money Card not price it?
Whereas this enterprise bank card has many advantages, it will not be the perfect match for all cardholders. Particularly, companies with important month-to-month bills could also be higher served with a extra profitable choice. Enterprise homeowners also needs to take into account whether or not a card that rewards spending in a selected class, corresponding to workplace bills, may earn them extra rewards than a flat-rate card.
You have got important month-to-month bills
In case you run a large enterprise with important month-to-month bills, you could possibly earn extra rewards with a unique enterprise card. Since this card’s 2 p.c money again charge applies solely to the primary $50,000 in eligible purchases, if you happen to spend greater than $50,000 on a bank card per 12 months for your enterprise, you’ll solely earn 1 p.c money again on the quantity over that cap. In that case, it’s best to discover different choices.
For instance, The Enterprise Platinum Card® from American Specific rewards purchases in a number of business-related classes with 1.5X factors (on as much as $2 million per calendar 12 months in spending).
You have got a whole lot of bills in a selected class
For a lot of enterprise homeowners, this card’s flat 2 p.c money again charge is an effective deal. However if in case you have a whole lot of bills in a selected class, like journey or workplace provides, it could make sense to look into playing cards that reward spending in these classes.
The American Specific® Enterprise Gold Card, for instance, rewards 4X factors on as much as $150,000 per 12 months in two eligible classes your enterprise spends probably the most in every billing cycle.
It’s a must to journey repeatedly for enterprise
This card has restricted redemption choices and even fewer journey advantages. You possibly can solely redeem money again as assertion credit score, so you’ll be able to’t redeem for future journey. And the one journey characteristic this card presents is automotive rental loss and injury insurance coverage. When you might need to fork over an annual price for stronger journey perks, like lounge entry, if is likely to be price it if you happen to are likely to journey so much for enterprise.
Moreover, this card costs overseas transaction charges, so that you’ll desire a totally different card if your enterprise often makes purchases in overseas forex or requires journey overseas.
Do you have to get the Amex Blue Enterprise Money Card?
Whether or not it’s best to get the Amex Blue Enterprise Money Card will depend on your specific state of affairs, together with how a lot you spend on enterprise bills every month, the actual spending classes these bills fall into and whether or not you’re searching for any extra perks or advantages.
For a lot of small companies and startups this card is an effective deal, with a beneficiant flat money again charge and no annual price. It’s additionally a very good match for enterprise homeowners searching for a frills-free card the place they don’t should assume an excessive amount of about totally different spending classes and may as an alternative seamlessly earn money again on each eligible buy.
That mentioned, the Amex Blue Enterprise Money Card isn’t the perfect match for everybody. For companies with annual bills of over $50,000 or these with a whole lot of bills in a selected class, one other card could also be a greater match.
Excessive spenders might wish to take into account different American Specific enterprise bank cards just like the Amex Enterprise Gold Card and Amex Enterprise Platinum Card.
The underside line
The Amex Blue Enterprise Money is a stable starter enterprise bank card with profitable money again rewards and a $0 annual price. It’s an amazing match for companies searching for a easy, easy enterprise card that enables them to earn money again on on a regular basis purchases. For extra in-depth data on this card’s choices, try Bankrate’s American Specific Blue Enterprise Money Card assessment.
