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.
The SimplyCash® Plus Business Credit Card from American Express offers $200 statement credit after spending $5,000 within the first 6 months of card membership. The increased spending limits of $50,000 in the 5% and 3% cash back reward categories with an extra option to choose from in the customizable 3% category is ideal for operating a business. It appeals to businesses with more expenses where more cash back rewards can be earned. Included are fantastic exclusive American Express benefits and no annual fee. Plus for a limited amount of time earn an additional $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
You may not know this, but if you ever sell something on eBay, Craigslist, or do any freelance work, your business is called sole proprietorship. Simply use your name as business ID and Social Security number as tax ID on your application to apply.
SimplyCash® Plus Business Credit Card from American Express Features:
- Special Offer: Earn up to $400 cash back
- Earn a $200 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 $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
- No Annual Fee. Plus, more buying power and more cash back.
- 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.
- Terms and limitations apply
- See Rates & Fees
Why You Should Apply:
Earn $200 Statement Credit Bonus: Earn $200 statement credit after reaching the $5,000 spending requirement on qualifying purchases with your card within the first 6 months of card membership.
Earn an additional $200 Statements Credit Bonus: Earn an additional $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
Earn 5% Cash Back: Earn 5% cash back up to $50,000 in purchases each year(1% after) at U.S. office supply stores and on wireless telephone services purchased directly from U.S. service providers.
Earn 3% Cash Back of Your Choice: Earn 3% cash back up to $50,000 in purchases each year(1% after) on the category of your choice from the following list of 8 select options:
- Airfare purchased directly from airlines
- Hotel rooms purchased directly 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
- NEW – U.S. computer hardware, software, and cloud computing purchases made directly from select providers
Earn Unlimited 1% Cash Back: Earn 1% on all other eligible purchases with no limits.
0% Introductory Purchase APR: Enjoy 0% introductory APR on purchases for 9 months. After the introductory period, your APR will be a variable rate based on your credit.
No Annual Fee: Get all the cash back rewards and everything this card has to offer with no annual fee.
SimplyCash Plus Business Amex Benefits:
OPEN Savings: OPEN Savings is a business benefit included in your card to receive 5% discount with participating partners FedEx, Hertz, HP.com, 1800flowers.com, and BN.com(Barnes & Noble). Take advantage of this benefit to save as much as 8% when combined with SimplyCash Plus Business Credit Card from American Express and choosing shipping as your 3% cash back rewards category. Restrictions apply with each partner.
Business Benefits: A wonderful business management tool includes OPEN Forum where you can get support, insight, advice and the latest in business news and research. ReceiptMatch also allows you to quickly and easily manage your expenses with built-in features that will add receipts, tags and notes to each transaction. Add employee cards at no extra cost with the ability to set spending limits on each and still earn cash back with each purchase.
Purchase Benefits: Purchases made with your card will get purchase protection and extended warranty. Take advantage of AmEx Offers for special discount offers with retailers and businesses by spending a set amount for statement credit back.
Travel Benefits: Travel benefits include travel accident insurance, car rental loss and damage insurance, baggage insurance, and roadside assistance. There is a 2.7% foreign transaction fee so use another card when making purchases outside the U.S.
The SimplyCash® Plus Business Credit Card from American Express offers extra bonus category options and bigger spending limits which means more potential for cash back rewards. As importantly, get 0% introductory APR on purchases for 9 months and no annual fee. Consider it an enhanced version of the SimplyCash Business Credit Card from American Express for businesses with more expenses and perhaps more employees. To earn the $200 statement credit, spend $5,000 or more within 6 months of opening your account. To earn the additional $200 statement credit, spend an additional $10,000 or more within the first year of card membership. For more credit card bonuses, be sure to to check out our full list of Credit Card Bonuses.