With interest rates on consumer credit starting to rise and many businesses struggling to find the money they need to expand, it’s more important than ever to consider whether or not the AMEX Blue Business Cash Credit is right for you. In this article, we’ll take a closer look at this card and see if it’s worth your time and money.
What is the AMEX Blue Business Cash Credit?
The AMEX Blue Business Cash Credit is a credit card that offers 0% on purchases for the first 12 months and then a variable APR of 14.99%. It’s perfect for small businesses with high-volume spending needs. Plus, if your business gets approved for the card, you’ll get access to exclusive benefits like roadside assistance, travel insurance and purchase protection.
If you’re in need of a no-frills credit card that can help you take on larger spending projects, the AMEX Blue Business Cash Credit may be just what you’re looking for. The card offers 0% on purchases for the first 12 months and then a variable APR of 14.99%. Plus, if your business gets approved for the card, you’ll get access to exclusive benefits like roadside assistance, travel insurance and purchase protection.
How the AMEX Blue Business Cash Credit works?
If you have an American Express Blue Business Cash Credit card, you can use it to pay for goods and services at participating merchants. The card has a $500 cash limit, which can be used for general-purpose purchases or for specific business purposes.
The Blue Business Cash Credit is designed specifically for small businesses. Transactions that fall within the eligible categories (such as office supplies and equipment) are typically approved quickly. The card also offers discounted rates on travel and other merchant services.
One downside of the AMEX Blue Business Cash Credit is that it doesn’t offer interest-free financing. However, the $500 cash limit is enough to cover most small purchases. And since the credit is denominated in dollars, it’s a good option if you’re worried about foreign currency fluctuations affecting your cash flow.
The benefits of the AMEX Blue Business Cash Credit
The AMEX Blue Business Cash Credit is a great way to get some quick cash when you need it. Here are the benefits of this credit card:
-Low APR: The APR on the AMEX Blue Business Cash Credit is just 17%. That means you can get access to quick cash when you need it without having to pay high interest rates.
-No annual fee: There’s no annual fee on the AMEX Blue Business Cash Credit, so you can use it whenever you need to get some quick cash.
-Access to multiple credit cards: The AMEX Blue Business Cash Credit also offers access to other credit cards from American Express, so you have plenty of options if you need more money.
The drawbacks of the AMEX Blue Business Cash Credit
The AMEX Blue Business Cash Credit is a credit card that offers customers a line of credit up to $250,000. The card has an annual fee of $95 and offers a 0% introductory APR for the first 12 months. The card also has a 2% cash back rewards program which provides cardholders with 1% cash back on all purchases, with no limit on the amount of cash back that can be earned each month.
The biggest downside to the AMEX Blue Business Cash Credit is that it has a high annual fee. The card also does not have any bonus rewards or benefits associated with it, which makes it less desirable than other cards on the market. Additionally, the 0% introductory APR is only valid for the first 12 months, which means that interest rates will start to increase after that point.
Should you apply for the AMEX Blue Business Cash Credit?
If you frequently carry a balance on your credit card and have an excellent credit score, the AMEX Blue Business Cash Credit could be a good option for you. The card offers a 0% introductory APR for the first six months and then a variable APR of 17.99-25.99%. Plus, there’s no annual fee to worry about. However, if you don’t regularly carry a balance or your credit score is not as great, the card might not be worth it.