The Plum Card® from American Express OPEN is an ideal way to pay for your business expenses on your own terms.
The Plum Card® from American Express OPEN has no preset spending limit, so you can spend as much on your business credit card as you can afford, and you can set your own billing schedule to fit your monthly financial fluctuations.
For a limited time, you can get a 2% discount consisting of a 1.5% Early Pay Discount plus, for the first 6 months, get an extra 0.5% on all purchases for up to $250,000.
You’ll always get a 1.5% Early Pay Discount, which you can reinvest into your business.
You can also opt to take up to 60 days to pay with no interest.
In addition, there is a $0 introductory annual fee for your first year of membership, and you’ll have to pay a $250 annual fee thereafter, but there is no annual fee for additional cards.
Full Card Details
- Limited Time Offer: Get a 2% Discount consisting of a 1.5% Early Pay Discount plus, for the first 6 months, get an extra 0.5% on all purchases, up to $250,000.
- Do business on your terms
- Pay no annual membership fee for your first year. Then, pay $250 annually.
- No annual fee for Additional Cards.
- Terms & Restrictions Apply.
Early Pay Discount 1.5% Cash Back
You can earn a 1.5% rebate on all of your credit card purchases with The Plum Card® from American Express OPEN.
Simply pay your balance in full within 10 days of your statement closing date, and you’ll get a 1.5% rebate on your purchases, plus the amount of rebates you can earn is unlimited.
For example, if your business currently spends $10,000 on a monthly basis, and you regularly pay your bill in full, then your monthly savings could be $150, which is equal to $1,800 in rebates each year.
Defer Payment Option Credit Card
The Plum Card® from American Express OPEN allows you to take up to 2 months from the statement closing date to pay your new balances in full with no interest or finance charges.
Just make an initial payment of at least 10% by the Please Pay By Date on your billing statement, and you can extend your remaining payment without interest charges until the next month’s Please Pay By Date.
For example, if the new balance on your statement is $10,000, you can pay $1,000 by the Please Pay By Date, and defer the remaining payment interest free until the following month’s Please Pay By Date.
Of course, if you defer your payments, then you won’t receive the cash rebates on your purchases for paying in full, but it’s nice to have that interest-free option to finance large purchases on a monthly basis.
This card does have an annual fee of $250, but that annual fee is waived for the first year for new applicants.
This card also gives business card members access to OPEN Savings, the business discount program from American Express that offers promotional savings at various business merchants and services.
Check out these Business Rebate Credit Cards for more savings on business expenses.
Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.
Take advantage of The Plum Card® from American Express OPEN to get discounts on all of your business card expenses with the option to defer your credit card payments interest free for up to 2 months.