NEW YORK—American Express has introduced a new credit card for small businesses.
The new American Express Blue Business Cash Card is a cash-back credit card that comes with no annual fee, a 0% introductory APR period and opportunities to expand a consumers’ credit spending limit.
Key card features include no annual fee, 2% cash back on up to $50,000 in eligible purchases (1% after that), and the ability to manage cash flow with "Expanded Buying Power," a feature that allows cardholders to make a limited number of purchases above your credit limit if the consumer qualifies, said CNBC, which added the card will likely be considered by many small enterprises.