While American Express is an advertising partner of HustlerMoneyBlog, the opinions and beliefs in this article are the author’s alone and have not been reviewed, approved, or otherwise endorsed by the issuer.
For a limited time only, the SimplyCash® Business Card from American Express offers a $250 statement credit after you spend $5,000 on qualifying purchases on the Card within the first 6 months of Card Membership. To be eligible for this offer, your application must be received by February 24, 2015. The card automatically crediting cashback for business expenses and offering discounts with participating merchants. New cardholders earn 5% cash back at U.S. office supply stores, 5% cash back on services from U.S. wireless telephone service providers, 3% cash back on the category of your choice (gas stations, restaurants, airfare from airlines, etc), and 1% cash back on other eligible purchases. The 5% and 3% rebates apply to purchases up to $25,000 per rebate year, then 1% thereafter.
If you have a side business such as selling on eBay, Craigslist, or do freelance work, then your business is called sole proprietorship. Simply use your name as business ID and Social Security number as tax ID.
You’ll receive a 0% introductory APR on purchases for 9 months, then a variable rate, currently 12.24%, 17.24%, or 19.24%. Your cash back earned is automatically credited to your statement. Furthermore, automatically receive discounts on every purchase you make with partnering companies such as Fedex, Kinko’s, Barnes & Noble, Hertz, and the Marriott to name a few. With no annual fee, it is the ideal employee credit cards where you can set individual spending limits on each one. As an added bonus, this card offers purchase protection and travel assistance and insurance for extra ease of mind.
SimplyCash® Business Card from American Express
- Annual Fee: $0
- Reinvest in your business with automatic cash back
- 5% at U.S. office supply stores & on wireless telephone services purchased directly from U.S. service providers
- 3% on the category of your choice and 1% on other purchases
- On purchases up to $25,000 at 5% and 3% per rebate year, then 1%
- Limited Time Offer: You can get a $250 statement credit after you spend $5,000 on qualifying purchases on the Card within the first 6 months of Card Membership
- To be eligible for this offer, your application must be received by February 24, 2015
- Terms and limitations apply
The 5% cash back categories are set on US office supply stores and wireless phone providers.
Here’s the 3% category of your choice:
- Airfare purchased from airlines
- Hotel rooms purchased from hotels
- Car rentals purchased from select car rental companies
- U.S gas stations
- U.S. restaurants
- U.S. purchases for advertising in select media
- U.S. purchases for shipping
SimplyCash® Business Card from American Express is a good option business card to carry since it has no annual fee. With earning 3% and 5% on a maximum of $25,000 per year, you can get a maximum of up to $1,250 in cash back. This includes a $100 annual travel benefit if you pay for a qualifying vacation purchase of at least $3,000 through a participating American Express Travel Services in the U.S. with your SimplyCash Card. Other benefits include purchase protection and extended warranty, car rental loss and damage insurance, travel accident insurance and baggage insurance plan when you pay for your flights with this card. At the end of each year, to help you better organize your accounting, taxes and budgeting for the next year, you will receive an itemized report online or by mail for all your spending that current year, organized by month and spending category.
If you’re a business owner considering the American Express SimplyCash Business credit card, the SimplyCash is, without a doubt, a solid business credit card. Increase your business’ profits by saving money on expenses when you earn cash rebates with the SimplyCash® Business Card from American Express today. Compare all business credit cards now!