When you own a business, you need to know that you have the flexibility to get things done without someone or something stopping you at all times. One of the most important things most business owners need is a way to spend money that works for them. When you have the American Express Plum card, that’s exactly what you get, along with so much more.
This is a credit card designed exclusively for businesses. If flexibility is what you are looking for, that is exactly what you will get here. One of the things that makes this card truly unique is that the folks at American Express understand what it’s like to own and operate a business. As such, they know how difficult it can be when you’re just starting out. After all, starting a business takes a lot of time, patience, and money. Most of the time, small businesses are already starting to feel the financial pressure when they open their doors, simply because it costs a lot to get started. Because of that knowledge, American Express issues this card to businesses and then waves the annual fee for the first year. After that, business owners pay an affordable $ 250 annual fee for each 12-month billing cycle. The truth is that it costs much less than many individual credit cards.
Another thing that makes this card a good option is that business owners have different ways of paying their bill. For example, you can choose to pay for purchases in the same billing cycle and get a 1.5 percent discount on your bill, or you can allow that balance to carry over for a full 60 days without accruing any interest. You can even combine the two, paying a portion of the balance up front and then carrying the rest over the next 60 days. Regardless of what you choose to pay during the same billing cycle in which you make the purchase, you will receive the 1.5 percent discount, even if you don’t pay your bill in full for another two months.
You also have the option of giving additional cards to trusted employees, giving you more flexibility when operating your business. Instead of forcing yourself to be there for every major purchase, you can leave that to the people you trust the most. You even have the ability to choose your billing date so you are not affected by a costly credit card bill at the same time you pay rent or insurance, all so you can continue to operate your business.
If you are concerned about spending limits, it is not necessary. With this card, there is no preset spending limit. This is because American Express understands that small businesses must be able to make large purchases. By removing the spending limit, business owners can buy what they need when they need it instead of having their hands tied when it matters most.
As you can see, the American Express Plum card offers many options for small business owners. If you are one of those people, you can do a lot more with your business when you have options like these. The truth is that it is difficult to operate a small business and be successful in today’s economy. So you need all the help you can get. Thanks to the American Express Plum card, you have the opportunity to level the playing field, so to speak.
If it weren’t for this card, many business owners might not be able to make the purchases they need to keep their doors open. Imagine not being able to buy the materials you have to buy to supply the goods or services that people depend on you for. Imagine not being able to repair something that is critical in a moment. It is this kind of flexibility that the Plum card provides. This is why so many business owners choose to use it more often than virtually any other option when it comes to paying for large purchases.