The Business Cash Rebate Credit Card, issued by American Express, is designed for those with good or excellent credit who plan to take advantage of the cash back reward program.
The card has a reasonably low interest rate for those who qualify, providing a low cost option for paying business expenses over time. The card offers a 0% introductory rate for purchases for the first six months. There is also an introductory rate of 7.99% offered for balances transferred during the time of application, which applies for the life of the loan.
Through the rebate program, cardholders earn a cash award that varies according to the amount spent per year. For general purchases, cardholders receive a rebate of 0.5% for up to $7,500 in spending; 2.5% for over $7,500 and up to $15,000; and 1% for everything over $15,000.
In addition, double rebate amounts will be awarded for "Open Savings" purchases for up to $15,000 in spending. These purchases made through FedEx®, Kinko’s and Staples® earn a rebate of 1% for up to $7,500; 5% for over $7,500 and up to $15,000; and 1% for over $15,000.
Aside from the cash rebates, this card provides common benefits and services commonly found with American Express® credit cards, such as the buyer's assurance plan, purchase protection plan, and travel accident insurance. Cardholders also receive special discounts at participating merchants and retailers.
Therefore, those who qualify for the lowest rate offered, plan to take advantage of the cash back reward program for "Open Savings" purchases (to earn the highest rebate) as well as the various standard services provided, may find the Business Cash Rebate Credit Card to be a suitable option.
|
| Finance
Configuration: |
Average Daily Balance (including new purchases)
*Note: The APR for both purchases and cash
advances is adjusted on a monthly basis (if based on the previous month Prime
Rate value). We will not adjust the APR monthly if the APR is adjusted on a
quarterly basis by the card issuer, is based on the highest Prime Rate value
during a three-month period, is based on the LIBOR, or is based on any other
index that is not the Prime Rate. Under these circumstances, the APR will be
adjusted when the credit card is reevaluated.
|
-1
