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...
- 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...
- Brett Holzhauer, FinanceBuzzIf you are a small- to medium-sized business that invoices clients, invoices customers, or purchases inventory to sell, it may take you some time to get paid for your product or services. Having a longer period of time to pay your card balance could be helpful to make up for gaps in cash flow. The P...
- Andrea Norris, GOBankingRatesThe American Express® Plum Card has simple terms — no APR, a $250 annual fee, 1.50% cash back rewards on any balance amount paid within 10 days of the statement closing date and the ability to carry a balance for 60 days interest-free when you pay the Minimum Due by the Payment Due date. With a stee...
- Tricia Tetreault, Fit Small BusinessThe Plum Card® from American Express is best for business owners who want a charge card that offers flexibility, no preset spending limit, and no interest for 60 days. If you don’t opt into the 60-day extended term, the balance needs to be paid in full every month.
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 |
$500 after spending $15,000
|
| 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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