Consumer Payment Card News

Cash Biz Card

If you are a high-spending small business owner you can now earn 2.5% cash back on annual charges between $20,000 and $120,000. The new “Platinum Business Premium Cash Rebate Card” from American Express carries no annual fee. AmEx also offers the “Platinum Business Cash Rebate Card,” which rewards customers with 0.5% cash back for annual purchases at or below $7,500; 2.5% cash back for annual purchases between $7,501 and $15,000; and 1% cash back for annual purchases above $15,000. There is no limit to the amount of cash back customers can earn each year with either card. Under both programs, cardholders can earn double cash back, up to 5%, for purchases made through merchants that participate in the “OPEN Savings” program. For more information visit: “http://www.OPEN.americanexpress.com”:http://www.OPEN.americanexpress.com

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