New American Express SimplyCash Business Card
by Mr Credit Card |
American Express has just come up with a new cash back business credit card called the American Express SimplyCashSM Business Card.
While all of American Express cash rewards credit cards have a tiered rebate formula, the Simply Cash has a simple formula. You earn 5% rebates for purchases of wireless telephone services, automobile gasoline, and office supplies and equipment and 1% rebates for all other purchases. You can earn unlimited rebates.
In my opinion, I think this card is better than the Advanta Platinum with Rewards because it has no caps on the amount of rebates you can earn. It is better than the Chase Business Rebate Card as it pays 5% rebates on certain business expenses versus Chases’ 3%. I also think it is slightly better than the Blue Cash for Business because you can earn unlimited 5% rebates on the specified categories.
If you are a small business owner looking for a cash reward business credit card, this will the the card to get.