| American Express SimplyCash(SM) Business Card |
| Written by renxue |
| April 23, 2008 16:06 |
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American Express SimplyCash(SM) Business Card Issued by American Express. CREDIT CARD REVIEW
 | This review was last updated on 1/10/2008 12:00:00 AM | Overall Rating: 5.0
Ratings are on a scale of 1 to 5 based on customers who successfully applied for this card. | | The American Express SimplyCash(SM) 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 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(SM) Business Card has to offer. | | |
REWARD PROGRAM INFORMATION
 | Type Of Rewards: Rebate | Reward Program Optional: No
Optional programs may have a fee. See Terms and Conditions for details. | | | | For Cards with Rebates Incentives | | Lowest Possible Rebate: 1% | | Highest Possible Rebate: 5% | | Additional Rebates: Cardholders earn a 5% rebate for purchases of wireless telephone services, automobile gasoline, and office supplies and equipment (in each case not purchased at a warehouse club, superstore, or supermarket), and they will receive a 1% rebate on all other purchases. | | Rebate Details: The rebate will be automatically credited to the statement each month. | | | | For Cards with Points Incentives | | Points Per Dollar Spent: n/app | | Additional Points: n/app | | Point Details: n/app | | | | For Cards with Miles Incentives | | Miles Per Dollar Spent: n/app | | Additional Miles: n/app | | Program Details: n/app | | | Rewards Expiration Period: None
This period applies to all rebate, point and reward programs. | | Annual Limit: None | | |
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. |
BASIC INFORMATION
 | Introductory Rate: 0% APR for 12 Months | | Rate Applied To: Purchases | | Additional Details: A 7.99% introductory rate is available on balance transfers for the life of the loan if a transfer is submitted during the first six months. | | Regular APR: 7.50% | Variable or Fixed: Variable
Variable APR's are based on the Prime Rate. | | Annual Fee: $0 | | Annual Fee Details: None | | Application Fee: n/app | | Participation Fee: n/app | | Reload Fee: n/app | | Inactive Fee: n/app | | Total First Year Fees: n/app | | Type Of Rewards: Rebate | | Be sure to read the card's Terms and Conditions for more details. |
Special 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.
Always read the credit card's Terms and Conditions before applying! |
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