Is American Express Blue Business Card Worth It?

One of the most well-known credit card issuers in the world, American Express offers a variety of cards for both personal and professional use. The American Express Blue Business Card, which has a number of features and advantages, is one of its business solutions. But is it worthwhile to purchase this card, and how does it stack up against the competition? The American Express Blue Business Card has several advantages.

Numerous advantages of the American Express Blue Business Card make it a desirable choice for entrepreneurs. The card offers 1x points on all other purchases and 2x Membership Rewards points on the first $50,000 in annual purchases. For companies that use their card frequently, this can result in sizeable benefits.

The card also provides a number of travel perks, such as luggage protection, car rental loss and damage insurance, and a global assistance hotline. Businesses that travel regularly and want to guard against unforeseen costs may find this handy.

The American Express Blue Business Card also offers a 0% introductory APR on purchases for the first 12 months, which can be advantageous for companies that need to make substantial purchases but want to stretch the expense out over time. How many American Express business cards are permitted? The overall amount of credit that American Express will provide to you is limited, but there is no hard cap on the number of business cards you can own. This implies that the credit limit on each of your American Express cards may be smaller than it would be if you only had one card.

How Does Amex Confirm Income? The business may request proof of your income when you apply for an American Express card, such as tax records or pay stubs. This is done to make sure you can pay back any debt you accrue on the card.

According to Chase’s “5/24 rule,” you might not be approved for some of their cards if you’ve created five or more new credit card accounts in the previous 24 months. Since the American Express Blue Business Card is not a Chase card, it is not included in this limit.

For approval on the personal American Express Gold Card, you must have a decent to outstanding credit score. For this card, a score of 700 or higher is typically advised. It’s vital to check with American Express directly to see if you qualify as the credit score requirements for the American Express Blue Business Card may differ.

All things considered, the American Express Blue Business Card provides a number of advantages for business owners, such as reward points, travel perks, and a 0% APR introductory period. However, it’s crucial to think about your individual spending habits and company needs to decide whether this card is beneficial for you. It’s vital to properly examine each card before applying because the credit score requirements and the income verification process may change based on the exact card you apply for.