- Centurion Member
- Posts: 243
- Joined: Fri Jun 07, 2013 9:46 am
- Location: Broward County FL
The Chase Ink Plus really does have a sweet intro bonus, combined with the first year without the fee, this alone should be enough for you to put this at the top of your list. If you do travel internationally frequently for business, then the no foreign transaction fee is important (and if this isn't business related, you should use a Discover or Capitol One Quicksilver for personal charges).
As far as the rewards program, you might find that you don't spend enough on cable and office supplies to beat the 1.3x Amex offers. Or maybe you will find that it significantly boosts your cash back than what you would earn on those categories. Consider that the end of year bonus could also give your business a boost for the new year. The Blue for Business also does not have an annual fee, so you could be saving money over the years if you do not like paying an annual fee (it is important to consider how the annual fee will be eating into your cash back - and it is fine if you prefer not to pay one). Extended Warranty may very likely come in handy a few times, and could save you money if anything breaks just after the warranty expires. The Blue for Business also does have important features like Small Business Saturdays which could be very important to your profits.
American Express also, in my experience, is more generous with credit lines, going over your limit, lowering your interest rate (and starting off with a very low interest rate), and not to mention has excellent customer service.
You may also want to consider the Amex SimplyCash Plus, which is similar to the Blue for Business, but has a reward structure similar to the Ink Plus's, but offers cash like the Chase Freedom. There is no annual fee either. It also has a $200 statement credit for the welcome offer. After I posted this, I see the CreditCardForum sponsors a $250 welcome bonus.
American Express: Blue Cash Everyday (10k), Everyday, Plenti ; Discover It (7.3k) ; Target (1.6k)
Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates