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Say 'Yes' to the New American Express Blue Business Cash™ Card for Small BusinessesAmerican Express (News - Alert) is helping U.S. small businesses say 'yes' to growth opportunities with the launch of the Blue Business Cash Card, available today. The Blue Business Cash Card for small businesses has no annual fee, offers 2% cash back1 on eligible purchases automatically credited to your statement, and helps business owners manage cash flow with Expanded Buying Power. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190718005433/en/ American Express is helping U.S. small businesses say 'yes' to growth opportunities with the launch of the Blue Business Cash Card. (Photo: Business Wire) "We know that three-quarters of small business owners experience unexpected business costs on a monthly basis, but less than a quarter of them feel fully prepared to deal with those unexpected costs," said E-Bai Koo, Executive Vice President, Global Commercial Services at American Express. "We launched the Blue Business Cash Card to help alleviate some of the most common pain points of running a business so that business owners can concentrate on growing their business." 2% CASH BACK, AND THEN SOME According to the Blue Business Cash Survey from American Express, 68% of small business owners plan to expand their business in the next three years and nearly half (49%) say they would feel more empowered to grow with a business credit card that gave them 2% cash back. With the Blue Business Cash Card, small business owners can feel confident as they build their businesses, by taking advantage of the automatic 2% cash back to reinvest in their businesses and help them get one step closer to their growth goals. Card Features Include:
UNLOCK OPPORTUNITIES THROUGH CASH FLOW SOLUTIONS Not surprisingly, the survey found that cash flow issues continue to be a pain point as small business owners said they would rather organize junk drawers (51%), take a social media hiatus (36%) or say goodbye to their smartphone (35%) if it meant not dealing with ongoing cash flow issues. To help alleviate some of those pain points, the Blue Business Cash Card offers a suite of solutions to help business owners successfully manage their business with the option of flexible purchasing power and more.
DISCOVER FLEXIBLE FINANCING SOLUTIONS In addition, eligible Card Members with the American Express Blue Business Cash Card may also qualify for additional programs that provide alternative short-term financing options, including:
HOW TO BOOST TODAY'S SMALL BUSINESSES Additional findings from the Blue Business Cash Survey from American Express include:
Learn more about the full benefits and terms here. The American Express Blue Business Cash Survey Research findings are based on a National Survey conducted by Savanta across US between June 5th-13th, 2019. The study targeted a panel of 500 new solopreneurs and business men/women (owners) from any industry in the US; with 1-10 employees; who have been in business from 1-5 years and have a business revenue from $100k-$750k. All panelists have passed a double opt-in process and complete on average 300 profiling data points prior to taking part in surveys. Results of any sample are subject to sampling variation. In this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 4 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample. About American Express American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility.
1 Cash back can be received on eligible purchases made on your Blue Business Cash Card. The cash back is based on a percentage of the eligible purchases you make during each billing period and will be automatically credited to your account as a statement credit. The statement credit will automatically appear by the second billing statement you receive after the billing statement with the eligible purchases. You will not receive a statement credit for eligible purchases made if you do not pay the minimum payment due by the Closing Date of the billing period in which it is due, or if your Card account is cancelled before the credit is issued. For each calendar year (starting January 1st and ending December 31st), you will receive a statement credit of: 2% on your first $50,000 of eligible purchases; then 1% on all other eligible purchases. Additional terms and restrictions apply.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190718005433/en/ |