Rated 4/5 stars by our editorial team
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4.0/5.0 from 3 Offer Ratings
Over the Past 60 Days!
The Plum Card® from American Express
An Advertising Partner
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Regular Purchase APR
N/A
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Intro Purchase APR
N/A
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Intro BT APR
N/A
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Typical Credit Needed
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Annual Fee
$0 introductory annual fee your first year, then $250.
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Card Brand
American Express
Highlights
- Click "APPLY NOW" to apply online
- Paying early pays off: get a 1.5% Early Pay Discount, with no cap on what you can earn back.
- Take up to 60 days to pay with no interest, when you pay your minimum due by the Payment Due Date.
- Use the power of the Plum Card to buy big for your business.
- No Foreign Transaction Fees.
- Introductory annual fee of $0 for the first year, then $250
- Terms & Restrictions Apply.
- See Rates & Fees
Card Fees
Foreign Transaction Fee
None
Balance Transfer Fee
N/A
Cash Advance Fee
N/A
Additional Card Details
$0 Fraud Liability
No
Auto Rental Insurance
Yes
Extended Warranty Program
Yes
Roadside Assistance
Yes
Purchase Protection
Yes
Travel Assistance
Yes
Flight Accident Insurance
Yes
Lost Luggage Reimbursement
Yes
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Concierge Service
No
Expert Reviews
From the LendingTree.com Editorial Team
The Plum Card® from American Express is run on a discount system, meaning that you can lower the bill you have to pay if you comply with certain guidelines from American Express. Cardholders get a 1.5% discount when you pay early, with no cap on what you can earn back.. On the flip side, if you are not able to pay your card balance right away, you can wait 60 days without incurring any interest charges.
This card has a $0 introductory annual fee your first year, then $250. This gives customers the time to make large purchases without paying anything extra for them. All in all, this could be a great card for your business transactions.
The Plum Card® from American Express is also backed by American Express's excellent customer service, and allows cardholders to manage their accounts online. As a business owner on-the-go, this convenience can streamline your accounting for you.
The Bottom Line
The Plum Card® from American Express is an excellent option for business owners with established credit. If you choose to pay off your card balance early, you can receive a nice discount on the money you owe.
The Good
Just about every feature for the this card fits the "good" category. You can earn a discount if you pay off the card balance early, or you can wait a full 60 days to gather the funds and nix the discount.
The Not So Good
This card does charge a slightly higher annual fee after the first year, so make sure you will get enough out of it to compensate for that. Furthermore, if you don't pay off your balances early, this might not be the right card for you. You need excellent credit to qualify for this card.
Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by American Express.
Consumer Reviews 3 Reviews
Offer Rating
4.0 out of 5.0
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Related Card Offers
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Intro Purchase APR
0% Intro APR on Purchases for 12 months, then 13.24% - 19.24% Variable
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Sign Up Bonus
Earn $750 bonus cash back
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Cash Back Rewards
Earn 5% cash back in select business categories
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Typical Credit Needed
-
Annual Fee
$0
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Card Brand
Visa®
Highlights
- Click "APPLY NOW" to apply online
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®
- 0% introductory APR for 12 months on purchases
See additional details for Ink Business Cash® Credit Card
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Sign Up Bonus
Earn $750 bonus cash back
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Rewards Rate
Earn unlimited 1.5% cash back on every purchase
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Rates & Fees
No annual fee and 0% intro APR for 12 months on purchases
-
Typical Credit Needed
-
Annual Fee
$0
-
Card Brand
Visa®
Highlights
- Click "APPLY NOW" to apply online
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
- 0% introductory APR for 12 months on purchases
See additional details for Ink Business Unlimited® Credit Card
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Rewards Rate
2% Cash Back for your business on every purchase, everywhere
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Sign-up Bonus
Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
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Rewards Redemption
Redeem cash back for any amount at any time
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Typical Credit Needed
-
Annual Fee
$0 intro for first year; $95 after that
-
Card Brand
Visa®
Highlights
- Click "APPLY NOW" to apply online
- Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
- Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions
- Purchase above your credit limit with no hassle and no over-limit fees
- $0 annual fee for the first year; $95 after that
- Free employee cards, which also earn unlimited 2% cash back on all purchases
- $0 Fraud Liability if your card is lost or stolen
- Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
- No foreign transaction fees
See additional details for Capital One Spark Cash for Business
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