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Limited time welcome bonus:
For a limited time only, you can earn 15K bonus Membership Rewards points for opening The Blue Business℠ Plus Credit Card from American Express and spending $3,000 in 3 months.
AMEX has not offered any public welcome bonus offer on this card in more than 4 years, so now is a great opportunity to pickup some points for getting this fantastic card!
Comparison to previous welcome bonus:
In May 2017 this card launched and had an intro bonus of 20K points. There hasn’t been a public welcome bonus offer since then!
This card earns 2 points per dollar everywhere, on up to $50,000 of spending per calendar year. After $50,000 you earn 1 point per dollar until the end of the year.
You can get multiples of this card and each card would be eligible for the 2 points per dollar on $50K in annual purchases.
While nearly all no-annual fee cards do not have the ability to transfer points into miles, this card is a notable exception and allows transfers into miles at a 1:1 ratio, or better with transfer bonuses!
That means you can effectively earn 2 miles per dollar everywhere and when AMEX offers a 40% mileage transfer bonus, you’ll have effectively earned 2.8 miles per dollar spent on this card! If you value the airline miles at 1.5 cents each, that’s an effective rebate of 4.2% everywhere!
0% APR on purchases:
This card has a 0% Intro APR for 12 months from date of account opening on purchases, then a variable rate, currently 13.24% to 19.24% based on your creditworthiness and other factors as determined at the time of account opening.
0% APR is a lucrative offer as carrying balances on consumer cards can have a harmful effect on your credit score, but because as the Blue Business Plus AMEX is a business card, those balances won’t hurt your credit score!
Creating a killer combo with hybrid points:
Earning flexible points with multiple valuable uses, which I call hybrid points, is the name of the game.
If you have the Blue Business Plus and The Business Platinum Card® from American Express you can get a 35% points rebate on coach airfare on the airline of your choice and a 35% points rebate on business/first class airfare on all airlines. That’s a great benefit as it allows you to combine the amazing everyday earnings of Blue Business Plus AMEX and get a fantastic value for your points even when there is no award space. That redemption allows for a value of at least 1.54 cents per point, meaning you’ll earn 3.08% back everywhere with spending on the Blue Business Plus. Plus AMEX has insider fares that allows you to save even more on the redemption, which will make your points even more valuable.
Business vs Consumer card:
AMEX business cards don’t appear on your credit report. That’s good for several reasons.
First of all they won’t count against your 5/24 count for opening new Chase cards. Only cards on your report that have been opened within the past 24 months count for that.
Second, when you spend money on personal cards your credit score will be hurt even if you pay your bill on time. A whopping 30% of your credit score is based on credit utilization. You can pay off your card bill before your statement is generated to avoid that, but that takes effort and laying out money well before you have to. Additionally it’s good to have the statement close with a couple dollars to show the card is active and being paid every month. On an AMEX business card it’s just not reported, so you can wait until the money is due without it having a negative effect on your score.
Third, if you close a business card it won’t ever have an effect on your score.
You may already have a business that needs a card to keep track of expenses. For example if your name is Joe Smith and you sell items online, or if you have any other side business and want a credit card to better keep track of business expenditures you can open a business credit card for “Joe Smith” as the business. You don’t need to file any messy government paperwork to be allowed to do that. Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field
Earn statement credits at stores that you register for in your AMEX account.
- An additional year of warranty coverage, double the original manufacturers warranty, and if you have any issue in the extended warranty year they’ll pay to have it fixed or refund your entire purchase price without a hassle. This benefit is far more valuable than warranty benefits offered by other banks.
- If you need to dispute a charge there’s nobody who makes it easier or as pain-free as American Express does. It’s the easiest dispute resolution process in the industry by leaps and bounds and you can do it all online.
- If your item is stolen or broken within 90 days you’ll be covered.
- Complimentary Shoprunner 2 day free shipping and return shipping on hundreds of websites.
- Secondary car rental CDW protection worldwide and primary available for $19.95/rental.
Transfer to lucrative airline partners
AMEX transfer partners include:
- Air Canada Aeroplan (Star Alliance) 1:1 instant transfer.
- ANA (Star Alliance) 1:1 transfer.
- Avianca Lifemiles (Star Alliance) 1:1 instant transfer.
- Singapore (Star Alliance) 1:1 transfer.
- AeroMexico (Skyteam) 1:1.6 transfer.
- Air France/KLM Flying Blue (Skyteam) 1:1 instant transfer. (Currently earn a 30% transfer bonus)
- Alitalia (Skyteam) 1:1 instant transfer.
- Delta (Skyteam) 1:1 instant transfer.
- Aer Lingus (OneWorld) 1:1 instant transfer.
- British Airways (OneWorld) 1:1 instant transfer
- Cathay Pacific Asia Miles (OneWorld) 1:1 instant transfer.
- Iberia (OneWorld) 1:1 instant transfer
- Qantas (OneWorld) 1:1 instant transfer
- Emirates 1:1 instant transfer
- Etihad 1:1 instant transfer
- Hawaiian 1:1 instant transfer
- JetBlue 1:0.8 instant transfer
- Virgin Atlantic 1:1 instant transfer
- Choice Hotels 1:1 instant transfer
- Hilton 1:2 instant transfer
- Marriott 1:1 instant transfer
Mileage transfers can often make sense for one-way, last-minute, or premium class travel. The value with airline miles can be under a cent each if used poorly, but properly used the points can be worth 5 cents, 10 cents, 15 cents, or even more per point, the sky is the limit.
Sample mileage uses:
With Qantas miles you can redeem for El Al award tickets without any fuel surcharges! You read more about this option here. Plus there have been transfer bonuses in the past.
- A one-way coach ticket from NYC to Tel Aviv on El Al is 37.8K Qantas miles and there are no fuel surcharges.
- A one-way premium economy ticket from NYC to Tel Aviv on El Al is 70.8K Qantas miles and there are no fuel surcharges.
- A one-way business class ticket from NYC to Tel Aviv on El Al is 90K Qantas miles and there are no fuel surcharges.
You can also redeem for tickets on American:
- A one-way coach ticket from NYC to Tel Aviv on AA is 31.5K Qantas miles plus $323.
- A one-way business class ticket from NYC to Tel Aviv on AA is 82K Qantas miles plus $323.
Delta: Book awards now with free cancellation and changes. Plus watch for award sales for award travel as low as 3K points one-way in domestic coach or 98K points to Europe in business class.
Avianca Lifemiles: Awards on United start at just 6.5K miles and as low as 5.2K miles with frequent 25% transfer bonuses.
Flying Blue: Fly from Los Angeles to Tahiti in lie-flat business class for 64K miles. That’s under 50K AMEX points with the 30% transfer bonus. Or fly to Israel nonstop on Delta for 38K miles, or less than 30K AMEX points with the 30% transfer bonus.
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Singapore: Book highly rated premium cabin or suites on Singapore flights that are blocked with partner miles.
84K miles for a Singapore suite between JFK and Frankfurt:
Virgin Atlantic: Bargains on ANA First Class suites and on Delta flights.
You only need 55K Virgin Atlantic miles to fly one-way between the US west coast and Japan or 60K miles to fly one-way between the US east coast and Japan in first class.
There are also often bonus offers for transfers from AMEX to airlines.