Credit Card Review & Application

SimplyCash Business Card from American Express


out of 5

- With no annual membership fee, it's a smart choice for your business
- Automatic cash back - cash back is earned on eligible purchases and automatically credited to your statement
- 5% at U.S. office supply stores & on wireless telephone services purchased directly from U.S. service providers
- 3% at U.S. gas stations
- 1% on other purchases
- Up to $12,000 in purchases in each 5% and 3% category per rebate year, then 1%.
- Terms and limitations apply

Introductory APR: See Terms*
Introductory Period: See Terms
APR on Purchases: 12.24% - 19.24% (variable)*
Annual Fee: N/A*
Card Issuer: American Express
Card Network: American Express®
Card Category: Business (Regular)
Card Type:
Credit Needed: Excellent*

Simply Cash Business Card from American Express lets business owners consolidate expenses into a single card account for premium benefits and cash back rebates on virtually all purchases.

An introductory APR period charges no interest on purchases. This lasts throughout a long term period. On expiry of the intro period, purchase APR charged is low and highly competitive.

Transactions to transfer balance from other business cards charging higher interest rates incur no balance transfer fee. Cash advance fee is 3%.

Card members are not charged an annual fee.

Access to the card account online serves to assist those card members who'd like to monitor their expenses through paperless statements. This way there's no need to wait for the hard-copy quarterly or annual statements.

Purchase protection is an add-on benefit.

Travel accident insurance compensates the card beneficiary in event of accidental card dismemberment. To qualify, the card member must charge related travel expenditure to the card. Auto rental insurance also insures card members from liability in case the rental car gets damaged or is stolen. Both insurance packages come at no extra cost to card members. Travel and emergency assistance helps those members on a busy schedule. This service could be used to purchase a ticket, book hotel stay, or rent a car with convenience.

On the reward program, card members earn 1% cash back on virtually every purchase. Gas purchases less than $12,000 annually earn 3% with 1% awarded thereafter. Qualifying business expenditure on wireless phone bills, and office supplies earn 5% cash back. There is no yearly limit to restrict business owners from earning as much cash. Rebates earned do not expire.

Cash earned is credited automatically.

Business purchases at participating retailers and merchants under the OPEN Savings program such as FedEx, Hertz, and Delta Air line earn discounts from 3% to 25%.

SimplyCash Business Card from American Express is reserved for business owners having excellent credit. It's long term introductory APR period, low interest afterwards and discounted purchasing make it a favorite.

This card comes on the American Express network. Express approval helps you get a decision within a minute. Ensure to go through applicable card agreement before submitting application.

The review prepared by . Opinions expressed therein are solely those of the reviewer.

Reward Unit: Cash
Rewards: - 5% at U.S. office supply stores & on wireless telephone services purchased directly from U.S. service providers
- 3% at U.S. gas stations
- 1% on other purchases
Expiration: None
Yearly Limit: None
Other Benefits: - Emergency Card Replacement
- Extended Warranty
- Global Assist Hotline
- Purchase Protection
- Travel Accident Insurance
Online Account Access: Yes
Introductory APR: See Terms*
Applied Towards: Purchases
Introductory Period: See Terms*
APR on Purchases: 12.24% - 19.24% (variable)*
Annual Fee: N/A*
Grace Period: 25 days*
Min Finance Charge: $0.50
Late Payment Fee: $38.00*
Over Limit Fee: $35.00
Balance Transfer: No
APR Cash Advances: 21.24%
Cash Advance Fee: 3.00%
Minimum Fee: $5.00
Additional Fees - Foreign transaction fee: 2.7% of each transaction after conversion to US dollars.
- Returned payment fee: $38.00

We do not offer online application for this card at the moment.

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† The information provided for SimplyCash® Business Card from American Express is believed to be accurate at the time of evaluation (Nov 14, 2013). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.

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