The American Express Blue Business Cash™ Card vs Citi® Diamond Preferred® Credit Card

Detailed Comparison Overview

Key Facts

Annual Fee

Avg. Min. Credit Score

APR on purchases

APR on balance transfers

Ongoing APR

Balance transfers fees

Best Multiplier

Avg. Point Value
(Learn More)

Bonus Offer

Rating

Review

Key features

0% Intro APR on Purchases

Free Access to Credit Score

Unique Card Benefits

Purchase Protection

Extended Warranty

Secondary Car Rental CDW Waiver

Travel and Emergency Assistance Services

Does Not Report Credit Line to Personal Credit Profile

No Fees for Authorized Users

Amex Offers

0% Intro APR on Balance Transfers

The American Express Blue Business Cash™ Card

Annual Fee

$0 (Rates and fees)

Avg. Min. Credit Score

Good-Excellent

APR on purchases

0% Intro APR (on purchases for 12 months, 18.49%-26.49% thereafter)

APR on balance transfers

Ongoing APR

18.49%-26.49% (Variable)

Balance transfers fees

Best Multiplier

2x Airfare

2x Transit

2x Car Rentals

2x Cable / Internet / VOIP Phone

2x Costco

2x Gas Stations

2x Cellular Phone Service

2x Dining Out / Food Delivery

2x Hotels

2x Lyft

2x Office Supplies

2x Shipping

2x Single Charges over $5,000

2x Groceries

2x Cruises

2x Drugstores

2x Streaming Services

2x Gym Memberships

2x Advertising (Online / TV / Radio)

2x Entertainment (Concerts / Shows / Movies)

2x Advertising on Search Engines and Social Media

2x U.S. Electronic Goods Retailers / Software / Cloud System Providers

1x All Other Eligible Purchases

Avg. Point Value
(Learn More)

$0.01

Bonus Offer

Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. Terms Apply.

Rating

(3.75) Our Review

Review

The American Express Blue Business Cash business credit card is a great card for those who are both not interested in points (prefer cash back) and do not want to keep track of bonus categories.

With a simple 2% cash back on all eligible purchases until you reach $50,000 in spend in a calendar year, it’s a perfectly suitable cash back card for those that spend under $50,000 in a calendar year for their business. Though the rate will drop to 1% on eligible purchases after you spend $50,000 in a calendar year, there is no limit to the amount of cash back that you can earn.

cash-back-american-express-blue-business-cash-card-review
If you prefer American Express Membership Rewards points instead of cash, there is a nearly identical version of this credit card, called the American Express Blue Business Plus™ Card, which earns Membership Rewards points instead of cash at the same rate.

Keep in mind that this no-annual fee card does charge a 2.7% foreign transaction fee, so please make sure you have a separate credit card with no foreign transaction fees for your trips abroad.

If you spend more than $50,000 a year, however, and want straight cash back and expanded buying power, you should consider these two alternative business credit cards:

The Chase Ink Business Premier, which is a charge card with no preset limit and earns 2% cash back on everything and even earns 2.5% cash back on purchases over $5,000.
The Capital One Spark Cash Plus, which is a charge card with no preset limit that earns 2% on all purchases.

If you would like to have separate Blue Business Cash cards for your employees, you can do so with no fee.

Rates and Fees for the The American Express Blue Business Cash™ Card

0% Intro APR on Purchases

yes

Free Access to Credit Score

yes

Unique Card Benefits

yes

Purchase Protection

yes

Extended Warranty

yes

Secondary Car Rental CDW Waiver

yes

Travel and Emergency Assistance Services

yes

Does Not Report Credit Line to Personal Credit Profile

yes

No Fees for Authorized Users

yes

Amex Offers

yes

0% Intro APR on Balance Transfers

Citi® Diamond Preferred® Credit Card

Annual Fee

Avg. Min. Credit Score

670-850

APR on purchases

0% Intro APR (on purchases for 12 months, 18.24%-28.99% thereafter)

APR on balance transfers

0% Intro APR (on balance transfers for 21 months, 18.24%-28.99% thereafter)

Ongoing APR

18.24%-28.99% (Variable)

Balance transfers fees

Balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.

Best Multiplier

0x Everything Else

Avg. Point Value
(Learn More)

$0.01

Bonus Offer

None at this time

Rating

(2.75) Our Review

Review

This card does not have a rewards program or offer cash back, so you won’t earn rewards for spend. Rewards credit cards tend to carry high APRs and are suitable for those that do not carry a balance.

The Diamond Preferred card is all about the Introductory Purchase and Balance Transfer offers and ideal for those that already have credit card debt.

You can use this offer to help get your debt under control and think about rewards and cash back cards later – once you are debt free and won’t need to carry a balance. Be sure to read all rates, fees, and disclosures before you apply.

It also offers Citi “My Deals” both on the Citi Mobile App and Citi Online. My Deals provides easy access to national and local coupons across categories such as dining, shopping, and entertainment. Offers depend on your geographic location.

citi-diamond-preferred-credit-card

You’ll also have access to discounted gift cards select brands and a daily gift card deal.

0% Intro APR on Purchases

yes

Free Access to Credit Score

yes

Unique Card Benefits

Purchase Protection

Extended Warranty

Secondary Car Rental CDW Waiver

Travel and Emergency Assistance Services

Does Not Report Credit Line to Personal Credit Profile

No Fees for Authorized Users

Amex Offers

0% Intro APR on Balance Transfers

yes