Which American Express Card for Small Business Has the Best Cash Back Offer
SimplyCash Plus Business Credit Card is the best small business cash back credit card issued by American Express. The card allows you to earn a signup bonus of up to $400. If you spend more than $5,000 in the first 6 months, they will give you a $200 statement credit. If you spend another $10,000, you can get another $200 statement credit from them.
SimplyCash Plus Business Credit Card has a great cash back rewards program in place. The card allows you to earn 5% cash back when you sign up for a wireless telephone services plan from a US based telephone service provider or office supply store. In addition, you get to earn 3% cash back when your purchases fall in one of the eight approved categories. The eight categories are airfare, car rental, hotel stays, gas, restaurant, postal, advertisement and computer hardware/software.
All purchases in other categories will earn you 1% cash back. You are to choose the rebate category within a time frame of 2 months. With SimplyCash Plus Business Credit Card, you just have to select the category where most of the cash flow of your business goes to and you can start earning cash back every time you use it to pay for your business expenses.
You can continue to earn the 5% and 3% cash back until you reach the maximum spending limit of $50,000 per year. After you exceed this limit, you will only earn 1% cash back whenever you purchase stuff in these categories. Every cash back that you earn will be automatically credited in the statement credit. When you shop at the OPEN, you can enjoy a 5% discount or be rewarded with 2x points for selected purchases.
SimplyCash Plus Business Credit Card is a card suitable for small businesses that regularly visit the business supplies store because it lets you earn a 5% cash back for your purchases. It is also great for small businesses that frequently conduct business trips overseas as the card offers a 3% cash back on flights that are booked online. The 3% cash back on your flight ticket makes it easy for you to get back some of the money you earn without having to think how to convert the miles into the free flight ticket.
SimplyCash Plus Business Credit Card features a zero percentage APR that lasts for 9 months for purchases. After the 9 months comes to an end, you will be charged with a variable APR that ranges from 13.24% – 20.24% depending on your credit score. You can obtain the employee cards for completely free and no additional annual fee to pay. The card can also stretch the warranty of selected purchases for up to one year.