American Express SimplyCash Business Card

The American Express SimplyCash Business Card is designed for those with very good credit and who plan to take advantage of the cash back reward program.

Cardholders have access to the cash back reward program for no additional fee. Through the reward program, cardholders earn a 5% rebate on gas, office supplies, and wireless services (certain restrictions apply), and they earn a 1% rebate on all other purchases. Rebates are automatically credited to the cardholder's statement each month, and there is no limit to the amount of cash back that can be earned.

The American Express SimplyCash Business Card has no annual fee, and it has a reasonably low interest rate for purchases and balance transfers. Cardholders can also take advantage of the 0% introductory rate on purchases for the first twelve months and the 7.99% introductory rate on balance transfers for the life of the loan on balance transfers submitted during the first six months.

As with all business credit cards issued by American Express®, cardholders will be able to take advantage of various additional services and benefits. Some of the benefits include travel accident insurance, purchase protection, and special discounts from select retailers.

Therefore, those who plan to make qualified purchases to receive the 5% rebate, would like the option to carry a balance, and will take advantage of the introductory offers will benefit most from what the American Express SimplyCash Business Card has to offer.
Review Date: 12/13/2007

Most Attractive Feature(s): No annual fee; unlimited cash back; 0% introductory rate.
Least Attractive Feature(s): Restrictions apply to which purchases receive the 5% rebate; not all applicants may qualify for the lowest rate offered.

Additional Perks
Various Internet account related services.
Access to OPEN: The Small Business Network services.
Discounts on products and services at participating merchants and retailers.
Purchase protection.
Travel accident insurance.
Emergency card replacement.
Emergency check-in service.
Various travel and emergency assistance services.
See website for additional benefits.

Important Notations
The APR for purchases varies according to the applicant's credit history and will be 0.00%, 3.99%, 6.99%, or 9.99% + Prime Rate.
See website for complete terms and conditions of card usage and application disclosure.