American Express launches Amex Blue Cash-back Business Bonus This is a 2% cash-back credit card that comes with no annual fees.
It's basically a Blue Business Plus card that gives you cash back, not points. It also replaces the SimplyCash Plus card in the devalued line of American Express cards.
The card was released without a signup bonus, but now some are looking for $500, most of the same offers are also available through referrals.
4 Cash Bonuses For Amex Blue Business
1. Get a $250 statement credit after you spend $5,000 in the first six months
2. An additional $250 after you spend an additional $10,000 in the first year
3. 2% automatic cashback on all purchases up to $50,000 per calendar year
4. 1% cash back for all purchases after that, automatically credited to your statement
You can get your money back anytime and anywhere
The amount you can spend above your credit limit is unlimited.
It adapts to your Card usage, your payment history, credit record, financial resources we know about and other factors. And also no annual fee.
Related - American Express business card approval odds
Conclusion :
The Amex Blue Business Card itself is too attractive.
Blue Business Plus for example gives you a transferable Membership Reward. But at $500, it can be worth it.
The spending requirements are huge, but it's another sign-up bonus you can get from American Express.
With their lifetime limit, this doesn't happen often. With that said, I would personally wait for the lower spending requirements.