Amex Blue Business Plus Review

No, the American Express Blue Business Plus Card does not offer a 20k bonus at the moment. The American Express Blue Business Plus card currently offers 15,000 points for spending $3,000 in the first 3 months.

Here's what the American Express Blue Business Plus currently offers:

So, even though the American Express Blue Business Plus 20k bonus offer is not available at the moment, this card is still a great option for small business owners. 

Aside from offering rewards, the American Express Blue Business Plus card has a $0 annual fee and it offers an intro APR of 0% for 12 months. This introductory interest rate could help you save on big purchases, but remember not to carry a balance past the 12 months period. Any remaining balance will be subject to an APR of 17.99% - 25.99% (V).

Your Amex Blue Business Cash approval odds are good if you are a business owner with a personal credit score of 700+ (at least good credit). Your odds of getting approved for the Amex Blue Business Cash Card will also be influenced by your annual income and existing debts. 

In addition, applicants will need to be 18+ years old and have a U.S. mailing address and a Social Security Number or an Individual Taxpayer Identification Number.

What You Need for Good Amex Blue Business Cash Card Approval Odds

• 700+ personal credit score (at least good credit)
• Business revenue
• Enough income to pay credit card bills
• Low debt relative to income
• Low housing costs relative to income
• U.S. mailing address
• Age of 18+
• Employer Identification Number, if applicable
• Social Security Number or Individual Taxpayer Identification Number

Keep in mind that business credit card issuers generally use your personal credit information to decide whether to approve your application. That's why you'll need to provide your Social Security number, even if you have an Employer Identification Number.

You can sign up for a free WalletHub account and see if you're likely to get approved before you apply.

The Blue Business Plus no longer offers a sign up bonus.

However, they offer 2X Membership Rewards points on everyday business purchases such as office supplies or client dinners. That applies to the first $50,000 in purchases per year, 1 point per dollar thereafter. It's a pretty good offer for a card that doesn't charge an annual fee.

Currently, American Express offers 10,000 Membership Rewards points for the referrer. The new member also gets the 10,000 bonus after spending $3,000 within 3 months.

As long as you are in good standing, the Amex Blue Business Plus card reports only the business credit.

Otherwise, information may be reported to the personal credit bureaus.

You never want to really go for the absolute closest, you'll get a small limit and high APR (if you get accepted at all). That being said, 700 would be the absolute minimum.

No, American Express Blue Business Plus isn't a charge card. With this card, you don't have to pay the entire balance in full each month. You can make only the minimum payments.

But you would be better off if you paid it off each month in full, because that's the better way to keep your credit score up. And remaining balances start accruing interest anyway.

No, the American Express Blue Business Plus points don't expire. That's one of the perks of being on the American Express network, your points won't just go away.

However, your American Express Blue Business Plus points can be forfeited when you close your account or when your account is closed due to inactivity. In the latter case, though, you will have 90 days to redeem points before losing them.

Sure, just call them up and request a balance transfer and then they'll take care of the rest. But don't forget that you will be charged with a balance transfer fee of either 5$ or 3% of the transferred amount, whichever's greater. Good luck!

American Express does not include any specific American Express Blue Business Plus credit limit information in the card's terms.

For the most part, American Express Blue Business Plus credit limits depend on each applicant's overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.

That said, the American Express Blue Business Plus Card credit limit that you start with isn't necessarily your credit line forever. You can ask to get a credit limit increase by calling the American Express customer service number on the back of your card, but it's best not to ask more than once a year. American Express will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with American Express.