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The Blue Business℠ Plus Credit Card from American Express has been one of the cards that has been most on my radar, and which I’ve wanted to apply for. What makes the card so great is that it has no annual fee, and it offers 2x Membership Rewards points on the first $50,000 spent each calendar year. I value Membership Rewards points at ~1.7 cents each, so to me that’s the equivalent of a ~3.4% return, which I consider to be the best return on non-bonused spend offered by any card.
When the card was first introduced last year it had a sign-up bonus of 20,000 points, though that was pulled very quickly, and ever since the card hasn’t had a sign-up bonus. The reality is that the card is so generous that it doesn’t really need to offer a bonus.
While I didn’t see this coming, it looks like the card is presently offering a sign-up bonus through American Express’ refer-a-friend portal. The Amex Blue Business Plus Card is offering a sign-up bonus of 10,000 Membership Rewards points after spending $3,000 within three months when signing up through a refer-a-friend link (the regular application still doesn’t have a bonus).
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