One of our favorite business cards is The Blue Business℠ Plus Credit Card from American Express. This card comes with tons of ways to earn points and adds extra protection to your purchases with all the great insurance benefits provided by American Express.
Even better, you can earn Membership Rewards points and utilize the benefits with a card that has no annual fee, making it an easy choice for any business.
Table of contents
Benefits You Need to Know
Earning lots of points in a flexible rewards program is the hallmark of a great rewards card. The Blue Business℠ Plus Credit Card from American Express is also a cross between a credit card and a charge card that provides some interesting benefits.
1. Bonus Points
The Blue Business℠ Plus Credit Card from American Express earns 2X points per dollar on the first $50,000 spent each calendar year. This is an easy way to earn tons of points without worrying about spending in certain bonus categories.
You will continue to earn 2X points on eligible travel-related purchases made using your card on the American Express travel portal (including airfare and prepaid hotels), with no limit on the number of bonus points you can earn.
Another benefit extended to all American Express business cardholders is the OPEN Savings benefit, which offers either a 5% discount or unlimited 2X points on eligible purchases made at American Express OPEN Merchants like FedEx, Hertz, and HP.
Amerian Express has also teamed up with Uber to allow members to earn 1 bonus point per dollar when using a connected card to their Uber account. It provides the option of redeeming points for your purchases directly.
2. Membership Rewards Program
The Membership Rewards program is one of the best transferable points programs on the market, but most points-earning cards offered by American Express have an annual fee or cannot take advantage of the full range of benefits of the program.
The great news is that the Blue Business℠ Plus Credit Card from American Express earns Membership Rewards and allows you to transfer them to airline partners. This is a particularly nice perk for a no-annual fee card!
The Membership Rewards program partners with 20 airline and hotel loyalty programs. Transfers can be completed easily online, and many of them process almost instantly.
There are other ways to use your points too: directly through the American Express travel portal. This gives you more options outside of their airline partners, but may not be the best value for your points. You will only receive a value of 1 cent per point when redeeming for travel booked this way.
Not looking for travel rewards? Another option would be to redeem your points directly for purchases or gift cards with your favorite merchants through the Membership Rewards site. This also provides a value of 1 cent per point, but again it’s important to remember what Membership Rewards points are worth. Rarely is this a good idea!
3. Expanded Buying Power
The Blue Business℠ Plus Credit Card from American Express is one of the most flexible business cards offered by Amex. As previously mentioned, this card offers the option to pay over time like other Amex credit cards.
However, this card also allows you to exceed your existing credit limit to make bigger purchases for your business when needed. This means your card can function as a charge card similar to The Business Platinum® Card from American Express OPEN.
This expanded buying power offers greater flexibility, but is not unlimited and may be qualified by a number of factors determined by American Express.
You should always pay your credit card by the due date so you don’t get hit with interest, but if you do spend over the credit limit, make sure pay that portion by the due date. Like a regular charge card, this portion does not allow you to pay over time.
Purchase Protections and Travel Insurance
American Express cards are great for adding extra insurance to your business purchases and travel arrangements made using your card. The Blue Business℠ Plus Credit Card from American Express covers the following:
4. Extended Warranty
This is a great benefit that adds additional warranty protection for your business purchases that have a warranty of 5 years or less from the manufacturer.
Once the manufacturer’s warranty expires, your Blue Business℠ Plus Credit Card from American Express adds up to an additional year of warranty coverage for purchases (up to $10,000 per item with a $50,000 maximum per year).
This is a great way to protect all of your valuable business purchases, especially with the high coverage limit.
5. Purchase Protection
Just in case, your card protects eligible business purchases from theft and accidental damage for 90 days from your original purchase date.
This covers up to $1,000 per incident and up to $50,000 per calendar year, making it the perfect coverage for new phones and other high-value items that are most prone to these types of accidents by you or your employees.
6. Car Rental Loss and Damage Insurance
Make sure when you or your employees are traveling on the road that they are covered! This card covers eligible car rentals that are paid entirely with your Blue Business℠ Plus Credit Card from American Express after you decline the collision damage waiver coverage from the car rental company.
This covers your eligible car rentals from theft and damage for up to $50,000 and doesn’t increase the cost of your car rental.
However, unlike the Chase Sapphire Preferred® Card that provides primary insurance, this card only provides secondary coverage (it kicks in after your own insurance).
7. Baggage Insurance Plan
When traveling on business, you and additional cardholders will be covered if your checked or carry-on baggage is lost during travel booked using your card. This coverage will also extend to spouses, domestic partners, and dependents on the same reservation.
This insurance will cover up to $500 for the replacement cost of items lost in checked baggage and up to $1,250 for the replacement cost of items lost in carry-on baggage.
Be aware that there is a limit of $250 for coverage of high-value items, which would include computers and other expensive business electronics.
The Blue Business℠ Plus Credit Card from American Express is definitely one of the best no annual fee business cards available on the market, and it’s the perfect card for non-bonus spending since it earns 2X points per dollar on all purchases!
Overall, this is a great card to help you earn tons of points that can be redeemed for amazing travel. Additionally, it’s an easy one to keep for the long term since it doesn’t have an annual fee.
For a no-annual fee card, it really packs quite a punch.