Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Holly Johnson, CreditCards.comThe Plum Card from American Express is a flexible card that gives business owners the option to delay payment for up to 60 days, or receive a cash back bonus for paying early.
- Chris Nelson, Chris Dong, The Points GuyThe main value of the Plum Card from American Express is its simplicity; there's no credit limit to navigate, and it earns 1.5% back on eligible early payments. However, since you can earn 1.5% back (or more) with several different no-annual-fee business credit cards, the Plum card is rarely a good...
- Samantha Holland, AwardWalletThe Amex Plum fits a very specific demographic. A business owner without consistent monthly cash flow might realistically need the option for 60 days to pay. But applying for this card probably makes sense only for business owners who can also take enough advantage of the 1.5% early pay discount to...
- Brett Holzhauer, MoneyGeekThe Plum Card® from American Express is limited in terms of rewards, but it is ideal for businesses looking for payment flexibility.
- Brooklyn Lowery, CardRatings.comAnyone who owns a small business knows that managing cash flow and constant unpredictability can be challenges, but The Plum Card® from American Express allows business owners to better handle their finances with benefits like flexible payment options and discounts for paying early. For any entrepre...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
|
| Balance Transfer Interest Rate |
No interest charges because you pay your balance in full each month. |
| Cash Advance Interest Rate |
No interest charges because you pay your balance in full each month. |
| Rates & Fees | |
| Annual Fee | $250.00 |
| Balance Transfer Fee | $0.00 |
| Cash Advance Fee | $0.00 |
| Foreign Transaction Fee | $0.00 |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
1.5% then 2.99% of the past due amount, minimum of $39 |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | No |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
|
| Features & Benefits | |
| Additional Card Holders |
The maximum number of Additional Cards issued on each Account is 99. |
| Travel Accident Insurance | No |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | No |
| No Foreign Transaction Fees | Yes |
| Emergency Assistance | Yes |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | No |
| Free Credit Scores | No |
| Wireless Payments | No |
| Virtual Cards | Yes |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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