The Blue Business® Plus Credit Card from American ExpressGreat For: Making purchases with a 0% intro APR period
- 12 month 0% intro APR period on purchases from the date of account opening
- 2X points for the first $50K spent
- No annual fee
13.24% – 19.24%
The AMEX Blue Business Plus offers the longest 0% intro APR period for purchases of any business credit card currently available on the market.
If you need to pay down high-interest, pre-existing debt, then the Blue Business Plus will give you 12 months of 0% interest to do so.
Blue Business Plus Intro Rates
The AMEX Blue Business Plus APR will be extremely low—a solid 0% to be exact—for your first 12 months with the card.
As long as you make your monthly minimum payments on time, you’ll be able to carry a balance from month to month without accruing any interest at all. This set-up is ideal for any business owners who need to make a big ticket purchase.
This intro period doesn’t last forever, though. After your 12 interest-free months are up, a variable APR sets in at a rate depending on your creditworthiness. This rate will also vary with the market, so be sure to see the issuer’s terms and conditions for the latest APR information.
Blue Business Plus Rewards: Welcome Offer
12 Months of 0% APR
For a limited time, you can earn up to $300 back to boost your business by earning 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.
The biggest perk of this card is the 0% intro APR period, but the welcome offer isn’t as strong as other alternatives. Because of this, if you’re sure you won’t be carrying a balance within the next 12 months, a card with a more generous welcome deal but with a shorter 0% intro APR period might be a better bet.
Or, alternatively, if the rewards are good enough, you could potentially look into a card without a 0% intro APR period entirely.
Blue Business Plus Rewards: Ongoing Offer
2x rewards on first $50,000 annually
The American Express Blue Business Plus card offers 2x points for every dollar you spend on your first $50,000 in purchases annually.
After that, you’ll earn 1x point for every dollar you spend with the card.
The AMEX Blue Business Plus is unmatched for 0% intro APR period, but some of its competitors certainly outshine it when it comes to rewards rates.
Additionally, if you’re hoping for cash back instead of rewards points, you might want to look into a different business credit card. The Spark Cash Select is a good no-fee, cash back alternative to the Blue Business Plus.
Blue Business Plus Annual Fee
You won’t have to pay an annual fee to access all the perks that the AMEX Blue Business Plus offers.
That means the longest 0% intro APR period for purchases available on the business credit card market comes free.
Get the Blue Business Plus If:
- You do a lot of your business spending in specific categories, so you want to customize where you
get your cash back.
- You think you’ll carry over credit card balances from month to month.
- You want to transfer credit card debt to a 0% intro APR card.
Skip the Blue Business Plus If:
- You do a lot of your business spending abroad and want to dodge foreign transaction fees.
Consider the Capital One Spark Cash for Business instead.
- You’re more interested in travel rewards. Look to the Capital One Spark Miles for Business
Why Get a 0% Intro APR Card?
Before we go into more detail about why exactly this card has won us over, it’s important to understand what a 0% intro APR card is.
First, you’ll need to figure out if this category of business credit card is the right type of card for your financial habits and preferences.
To do that, you’ve got to ask yourself two questions:
- Are you planning on buying big ticket items in the near future?
- Does your business have a credit card balance that’s accumulating interest?
If your answer to one of these questions is “yes,” then you should consider 0% intro APR cards.
These cards essentially act like zero-interest loans. With these cards, you’ll pay down your balance over a set intro period. During a card’s 0% intro APR period, you won’t pay any interest on your purchases, even if you carry a balance from month to month.
So, while these cards aren’t essential for business owners who can and will pay off their balances in full every month, they can be absolute must-haves for businesses that know they’ll need to carry a balance for a bit.
Different cards will offer different lengths of intro APR periods, along with different limits to what their intro period applies to.
But if you really want to take your time paying off a big ticket item, then you want to find the card with the longest 0% intro APR period possible.
Why Get the AMEX Blue Business Plus?
And guess which business credit card currently comes with the longest 0% intro APR period for purchases on the market?
You guessed it. It’s the American Express Blue Business Plus.
Now that you know why a 0% intro APR card is an important addition to any business owner’s wallet, let’s take a look at the Blue Business Plus specifically.
The AMEX Blue Business Plus primarily stands out because of its 12-month 0% introductory APR period for purchases.
But the American Express Blue Business Plus doesn’t just call it a day after offering the longest intro APR period on the market, it will also provide you with flexible, lucrative rewards rates and a $0 annual fee.
AMEX Blue Business Plus: What to Keep In Mind
Though the AMEX Blue Business Plus credit card is certainly one of the top business credit cards on the market today, there’s a few things that you’ll need to be aware of before opting to do your business spending with it.
Here are four key points that you need to be aware of before signing on with the Blue Business Plus:
The Intro APR Period Doesn’t Last Forever
Remember, once that intro period is up, the AMEX Blue Business Plus APR will raise and sets in at a rate that will depend on your creditworthiness and the market Prime Rate.
Where it lands depends on a host of factors, but you can guarantee that your eventual APR after your intro period will be higher than 0%.
As such, it’s crucial to make sure you pay off your balance before your intro period ends. Otherwise, you could accumulate a huge amount of interest on your balance.
You Can Forfeit Your Intro APR Period
Additionally, in order to make the most out of the AMEX Blue Business Plus intro period, make sure you pay your minimum monthly payments on time.
Missing your minimum monthly payments, even by a single day, could result in your credit card issuer revoking your 0% intro APR offer.
That means you’ll be stuck paying interest somewhere along the variable APR range (which, you’ll remember, definitely rounds in to be more than 0%).
Missing the monthly minimum payments and losing out on 0% APR will defeat the purpose of getting the Blue Business Plus in the first place. So, if you opt for this business credit card, be sure to be especially vigilant about on-time payments.
The Foreign Transaction Fee Could End Up Costing You
If you’re doing a lot of your business spending overseas, then you might want to do it with a card other than the Blue Business Plus credit card.
American Express will charge you 2.7% of every transaction you make abroad with the AMEX Blue Business Plus.
Depending on how much you spend abroad, this fee could end up costing you a huge sum of cash without you even knowing it.
If you’re doing big spending abroad, the American Express Blue Business Plus isn’t the right card for you.
Top AMEX Blue Business Plus Alternatives
Every card, even the American Express Blue Business Plus card, comes with its pros and cons, and one of the Blue Business Plus’s disadvantages might end up being a deal-breaker, no matter how many advantages it might have.
Here is the top alternative that excels where AMEX Blue Business Plus is lacking:
Ink Business Preferred® Credit CardGreat For: Point redemption rewards
- 100,000 point signup bonus if you spend $15K in first 3 months
- 3x or 1x points depending on how you spend
1 or 3 points