American Express Business Credit CardsAdvertiser & Editorial Disclosure
American Express actually started as an express mail company in the 19th century, and didn’t launch its financial services business until 30 years later. Since then, it has become a big player in the small business space—AmEx is the leading issuer of small business credit cards in the United States and an advocate for consumers to shop at small businesses through its Small Business Saturday “Shop Small” campaign, which was launched in 2010.
American Express is a Nav partner
The small business services division of American Express is known as American Express OPEN. The number of cards and different reward structures offered by American Express for small business is impressive. Business credit cards and charge cards offered through American Express OPEN include cash rewards, travel rewards, and low APR cards. (See here why every business should have a charge card.)
AmEx’s new SimplyCash® Plus Business Credit Card offers an alternative to funding business growth—instead of a loan, a business credit card with expanded purchasing power can allow businesses to fund larger purchases than their credit limit allows (here’s what you need to know about purchasing power through SimplyCash® Plus).
Will a business credit card from American Express affect my credit scores?
American Express OPEN reports both positive and negative payment history to the Small Business Financial Exchange (SBFE), and negative information is also reported to Dun & Bradstreet. Your payment history could also affect your personal credit scores if your accounts are delinquent.