Consumer Payment Card News


American Express has extended its highly successful cash rebate program to business credit cards. The “Business Cash Rebate Credit Card” is being offered through its “OPEN: The Small Business Network,” and offers a cash rebate of up to 2.5% on all purchases. Cardholders also earn a double rebate, or 5%, for doing business with merchants who are part of the “OPEN Network’s Everyday Savings” program. There is no limit to the amount of cash rebate earned. Card pricing is no annual fee and a 0% introductory APR for six months. Last month, AmEx extended the cash rebate program to its “Blue” smart card product. The “Blue Cash Card” offers a cash rebate of up to 5%. The annual cash reward for purchases is up to 3%. There is an additional rebate of up to 2% for purchases in months in which the account carries a balance. For more information visit:

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