The SimplyCash® Plus Business Credit Card from American Express can be a good way to save money and get rewards while building credit for your business.
What to Like
The SimplyCash® Plus Business Credit Card from American Express offers 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores. You’ll also get to choose one more rewards category from a list of eight, and get 3% cash back on purchases there (and 1% cash back on other purchases). The 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% applies thereafter.
Look Out For
This card comes with a high penalty APR that will apply in certain conditions. There’s also a 2.7% foreign transaction fee.