American Express SimplyCash® Business Credit Card Review

American Express SimplyCash® Business Credit Card

0% Intro APR on purchases for the first 12 months.
No Annual Fee.
Earn 5% cash back on office supplies and wireless services.
Earn 3% cash back on automobile gas purchases of up to $12,000 per year.
1% thereafter, and earn 1% cash back on virtually all other purchases.

Intro APR	Intro APR Period	Regular APR	Annual Fee	Balance Transfers	Credit Needed
0%*	12 months*	5%*	None.*	NA*	excellent / good*

This credit card is aimed at business users and especially small business owners. It provides cash back to you on almost all your purchases every month. These cash back rewards are automatically credited to you each month on your billing statement.

The amount of the cash rebate is 5% on gasoline purchases, office supply purchases and wireless services. 1% cash rebate applies to almost all other purchases made with the card. This card does not have a spending limit, neither does it limit how many rewards you can earn on it. This makes it particularly attractive to those running a business and using their card for some major purchases.

There is an introductory annual percentage rate of 0%. This is for the first twelve months on credit card purchases. After that, your rate will increase based on your credit review. Customers with the best credit will be given 7.25% and progressively higher rates depending on your credit.

You can use this card for balance transfers until paid off you have the card. Those transfers are given a rate of 7.99% and that is for the life of the balance transferred in. If you use this card for balance transfers after the until paid off period, they will be at the regular rate. Cash advances are pricey at 19.99% but most business owners do not want a card for cash anyways. There is no annual fee for this credit card.

This is a very good choice for a small business credit card because while it offers rewards on almost all purchases made, it does not require any kind of effort to maintain. Usually small business owners are busy people who can't take the time to track rewards and maintain a redemption schedule because they just don't have the time. This card requires no such maintenance yet allows for rewards to accumulate anyways.

This American Express card also provides discounts with certain suppliers such as Hertz, FedEx, JetBlue and Delta Air Lines. It comes with purchase protection insurance and travel accident insurance and baggage insurance as well. It is nice for really busy people to have this kind of coverage in place.

Overall, this business card is a good one if you want some rewards and an easily maintained credit card for your business. This low cost card with this great introductory offer is a something you should consider.