What Credit Score is Needed for American Express Business Cash Card?

For small business owners who wish to receive rewards for their expenditures, the American Express Business Cash Card is a great choice. Up to $50,000 per calendar year, the card offers unlimited 2% reward on all qualified purchases and 1% cashback beyond that. But you need a high credit score to be accepted for the American Express Business Cash Card.

Although the American Express Business Cash Card’s credit score requirements are not stated specifically, it is typically advised to have a credit score of at least 670 or higher. But a higher credit score improves your chances of being accepted and can lead to a bigger credit limit. Furthermore, American Express does not just look at your credit score while evaluating your application. Your credit history, income, and debt-to-income ratio are all taken into account.

If your credit score falls short of the required level, you might want to think about applying for the American Express Blue Business Cash card. A lower credit score of at least 630 is needed for this card. The incentives, which pay 2% cashback on the first $50,000 in purchases each calendar year and 1% cashback thereafter, are, however, slightly lower than those of the Business Cash Card.

You might be curious as to when you can redeem your cashback once you start using your American Express Business Cash Card and collecting it. The good news is that as long as you have accumulated at least $25 in cashback, you can redeem it whenever you like. It can be redeemed as a bank deposit or as a statement credit, which will lower the balance on your account.

Whether Amex cashback expires is a further often asked subject. No, as long as your account is open and in good standing, the cashback points you earn on the American Express Business Cash Card never expire. As a result, you can save your cashback and use it anytime you like.

The last option is for some customers to turn their Amex money into points. Sadly, American Express forbids the conversion of money into points. You might, however, be able to transfer your cashback to another American Express Membership benefits card and apply it toward travel or other benefits that are applicable to that card if you already own one.

In conclusion, it’s critical to have a high credit score while requesting an American Express Business Cash Card. If your credit score is insufficient, you might still think about applying for the American Express Blue Business Cash card. Once accepted, you are able to earn infinite, never-ending cashback rewards and use them whenever you want.