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Following an increase today to my Amex Everyday to double my CL, I decided to explore the prompt of their Plum Card invite. I own a small business. My desire to enhance my business credit end has been increasing as of late, since I want to obtain a business credit report for the first time. Amex went ahead and approved me quickly for a "No spending limit"Plum business card. I know what that means, and I have no intentions of pushing any limit with this card, as it is invariably a charge card. The upside is that I don't care about rewards really, so in exchange...Plum offers small business owners 60 days to pay. That is to say, receive your bill and you have until the closing of the following month's statement to pay. Pretty good deal for contractors who have to wait to get paid for projects.
Have a profitable day everyone.
Congrats! I got aproved for SC the other day with nice limit. I will be grabbing the Plum or BRG after I meet the SC spend bonus.
I have it as well for my Small Business...and love it...esp. the flexibility...
Ive been looking at this card. That 60 days to pay sounds good.
With a $250 annual fee is the Plum really worth it? Especially considering they allow you to carry a blanace on the green/gold/plat cards now.
Thank you for the information, Did you have to PG for the Plum Card?