Get 2X rewards for your small business with new Blue Business℠ Plus card

For full details on the new Blue Business Plus, product, see our review.

American Express (a CreditCardForum advertising partner) first launched its “Blue for Business” card back in 2000, and it’s been a slow-and-steady reward-earner for small businesses ever since.

In May 2017, American Express relaunched the card as the Blue Business℠ Plus and, with the new name, comes a new reward system.

The old card

The old version of the card earned 1X Membership Rewards on all purchases, with a 30 percent bonus on points earned each year.

The new version

The new Blue Business Plus card gives 2X rewards on all purchases, for the first $50,000 in purchases per year. After you reach $50,000 in spending, you get 1 point per dollar.

As with the old version, the Blue Business Plus has no annual fee.

An improvement?

We say yes. For no annual fee, you get to earn 2X Membership Rewards points on everything (for up to $50,000 in spending, which is a generous threshold). If you max this out, that’s 100k Membership Rewards points per year. Membership Rewards are a valuable currency. You can redeem for travel, cash back, merchandise and (most lucratively) for transfers to airline and hotel programs. Most of the American Express products earning MR points are charge cards with annual fees. The only no-annual-fee credit card that earns MR currently is the American Express Everyday card. But that’s a personal card (not a business card), and it has spending categories — unless you spend in those bonus categories, you’ll earn only 1X rewards.

We also like the simplicity of this upgrade. Instead of giving elevated rewards only in certain categories, the Blue Business Plus gives a blanket 2X back on everything (for up to $50k in spending per year). That’s great for small-business owners whose expenses don’t fall into traditional business-reward categories (such as office supplies, phone service and business travel). If you need to purchase kitchen supplies, furniture, bottled water, cleaning supplies or anything else your small business requires, you’ll get 2X back.

Don’t forget about the OPEN savings benefit

With this card, you can earn even more Membership Rewards by shopping at OPEN Savings partners (more details). These partners include FedEx, Hertz and more.

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