Rated 4/5 stars by our editorial team
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4.0/5.0 from 2 Offer Ratings
Over the Past 60 Days!
Regular Purchase APR
Intro Purchase APR
Intro BT APR
Typical Credit Needed
$0 introductory annual fee your first year, then $250.
Foreign Transaction Fee
Balance Transfer Fee
Cash Advance Fee
$0 Fraud Liability
Auto Rental Insurance
Extended Warranty Program
Flight Accident Insurance
Lost Luggage Reimbursement
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 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.
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.
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.
4.0 out of 5.0