SimplyCash Business Card from American Express
If you have very good credit and plan to benefit from the rewards program, then SimplyCash® Business Card from American Express is a credit card for business you should consider using.
- Our rating: A
- Interest rate: 0% Introductory APR for Purchases for up to 12 months; 5.00%, 8.99%, 11.99%, or 14.99% thereafter, depending on your credit history
- Earning rewards: 1%, 3% or 5% cash rebates depending on the product/service purchased ; additional savings with OPEN Saving
- Reward options:cash back is automatically credited to the statement each month.
As part of the rewards program, the cardholder can earn: 5% rebate on office supplies and wireless services; 3% rebate on automobile gas of up to $12,000 per year (1% thereafter) and 1% on all other purchases.
There isn’t a limit to the amount of cash which can be earned and cash back the automatically credited to the statement each month.
Additionally, cardholders can also get savings at “OPEN Saving” partner companies such as FedEx, Delta and Hyatt Hotels & Resorts. If you book air, hotel or car reservations via the American Express travel reservations website you can benefit from discounts as well.
The card has no annual fee and the APR is 0% for purchases for up to 12 months. Thereafter, the APR can be 5.00%, 8.99%, 11.99%, or 14.99%, depending on your credit history. The grace period is 25 days.
The card also comes with travel accident insurance, baggage insurance and car rental insurance, as well as purchase protection plan.
If you plan to use the card in order to benefit from the 5% (or even 3%) rebates and also use it at companies where you can get additional discounts and want to benefit from the introductory rate, then SimplyCash Business Card from American Express is the best choice for you.