SimplyCash® Plus Business Credit Card from American Express

Advertiser & Editorial Disclosure

Miles or points-based rewards card certainly have their perks, but sometimes earning and redeeming your rewards can get complicated. The offers a straight forward, cash back rewards program that leaves little work for you to do, aside from using the card. With cash back on select spending categories, you can… Continue

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Straightforward cash back card for business purchases

SimplyCash® Plus Business Credit Card from American Express

Intro APR 0% on purchases for 15 months
Annual Fee $0

Rates and Fees

Terms, Rates & Fees

Intro APR 0% on purchases for 15 months
Purchase APR 14.49% - 21.49% Variable
Annual Fee $0
Welcome Offer N/A
Rewards Rate 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores. 3% on the category of your choice from a list of eight and 1% cash back on other purchases. 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement.

Details

  • Special offer: save on interest with a 0% intro APR on purchases for 15 months; after that your APR will be a variable rate, currently 14.49% - 21.49%
  • No annual fee
  • Reinvest in your business with automatic cash back in the form of a monthly statement credit. Plus take control by choosing the 3% category that best fits your business
  • Earn 5% cash back on the first $50,000 spent at wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
  • Earn 3% cash back on the first $50,000 spent in the category of your choice from a list of eight and 1% cash back on other purchases
  • With Expanded Buying Power you can spend beyond your credit limit* to make bigger purchases for your business plus earn cash back on those purchases too
  • *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
  • Terms apply

Nav's Verdict

Bottom Line This card is great for those who want to earn cash back for their frequent business purchases.

Miles or points-based rewards card certainly have their perks, but sometimes earning and redeeming your rewards can get complicated. The SimplyCash® Plus Business Credit Card from American Express offers a straight forward, cash back rewards program that leaves little work for you to do, aside from using the card.

With cash back on select spending categories, you can maximize your rewards just by making regular business purchases; plus, no annual fee and an introductory APR offer, you can enjoy cash back rewards without worrying about interest or for a full nine months.

However, it’s important to shop around before selecting a business credit card, and so it’s important to review and compare all of the American Express Business cards before applying.  In doing so, take note of welcome offers, rewards programs, and benefits, and determine which ones will work best when paired with your specific spending needs.

Card Review Details

This card definitely has some perks, many of which make it a good credit card for small business owners. One of the primary ones, particularly when compared to other American Express cards, is that the SimplyCash® Plus Business Credit Card from American Express does not have an annual fee.

Beyond that, this card also can help you bring in some solid cash back rewards. Earn 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores. 3% on the category of your choice from a list of eight and 1% cash back on other purchases. 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement.

However, there are some definite drawbacks to this card as well.  Obviously, if you don’t make a significant amount of purchases in the high earning categories, you may be able to score a better cash back option.  

Similarly, while there are cashback rewards on travel-related costs, like airfare, hotel stays, and gas stations, the card wasn’t designed for cardholders that want to maximize rewards for their travel expenses.

If you’re looking for a card that can help you earn more for airfare purchases, you may want to consider the American Express Delta Business cards, which include the Gold Delta SkyMiles® Business Credit Card from American Express, Platinum Delta SkyMiles® Business Credit Card from American Express, and the Delta Reserve for Business Credit Card card.

How do I earn the SimplyCash® Plus Business Credit Card from American Express $500 bonus?

New SimplyCash® Plus Business Credit Card from American Express can earn some solid cash back. Earn 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores. 3% on the category of your choice from a list of eight and 1% cash back on other purchases. 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% thereafter. Cash back received is automatically credited to your statement. Earn a $250 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership. Plus, earn an additional $250 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.

Does the Amex SimplyCash business card offer flexible repayment options?

With the SimplyCash® Plus Business Credit Card from American Express, like other Amex card, cardholders have the ability to carry a balance from month to month, but outside of any introductory 0% APR period, interest will be applied monthly and payment terms are typically based on your original card agreement.

If you’re looking for more flexibility, then you may want to consider the The Plum Card® from American Express, which offers a consistent 60 day, 0% financing program, a discount for early payment, and the option to select one of three payment dates.

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About Author

Jennifer Lobb

Jennifer Lobb

Jennifer is a alum of the University of Denver. While in the graduate program there, she enjoyed spending time identifying ways in which non-profits and small businesses could develop into strong and profitable organizations that while promoting strong community growth. She also enjoys finding unique ways for freelancers and start-up businesses to reach and expand their goals.