American Express Plum Card vs Ink Business Cash® Credit Card

Compare Rewards, Interest Rates, Fees, and Benefits

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American Express Plum Card is a business and cash back charge card. How does it compare to Ink Business Cash from Chase, a cash back card? Read our comparison chart below.

Keep in mind, the American Express Plum Card has a $250 annual fee, while the Ink Business Cash has a $0 annual fee.

	The Plum Card® from American Express	Ink Business Cash® Credit Card

	Card Interest Rates & Fees
Introductory APR for Purchases	N/A	0% introductory APR for 12 months
Purchase APR	N/A	17.99% to 25.99% Variable based on your creditworthiness and other factors
Balance Transfers APR	N/A	17.99% to 25.99% Variable based on your creditworthiness and other factors
Foreign Transaction Fee	No foreign transaction fee	3% of each transaction in U.S. dollars
Annual Fee	$250 annual fee	$0 annual fee
	Card Rewards & Benefits
Introductory Bonus Cash Back		Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
Cash Back Rewards		Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases.
Gas Rewards		Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year.
Dining Rewards		Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year.
	CreditDonkey® Card Reviews
Pros & Cons		Pros: Earn bonus cash back Gas and dining rewards Cons: 2% cash back on gas and dining only on first $25,000 Foreign transaction fee
Bottom Line		Excellent cash back rewards card for small business... Read full review

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Still need help deciding which business card is better? Read the in-depth reviews below. You may also be interested in comparing American Express Plum Card or Ink Business Preferred.

Articles on Ink Business Cash® Credit Card

Ink Business Cash Review

Read this in-depth Ink Business Cash® review before you apply. With no annual fee, small business owners can earn cash rewards fast, but is it right for you?

Comments

John from Pennsylvania
on March 2012 said about American Express Plum Card:
I just got the Plum Card and was made aware of something that the Customer Service Rep wasn't aware of until I pressed the issue and he had to find out the answer from a supervisor:

The 1.5% is strictly applied to payments within the first 10 ten days after the monthly cycle closes. The caveat there is that payments made during the monthly cycle do not get the discount reward. That's an important distinction that will not necessarily be clear to anyone reading about the card and I think you should know that. I now realize that if I pay "too early", the discount doesn't apply. I was very disappointed. AMEX charge cards may not have a preset limit but they do have limits based on spending patterns. If I have $5000 available and use that in the first week of the monthly cycle on unforeseen expenses with several auto-debits still to come, I need to pay down the balance quickly within a few days and thus NOT get the discount on that payment. The discount only applies to the ENDING BALANCE. Now, if you have a stratospheric limit on the card, it won't matter. But for many small business owners juggling expenses and spending limits while trying to get maximum rewards, this can and will be a nuisance. Applicant beware.

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