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Maximizing Business Flexibility: A Deep Dive into the American Express Plum Card

Are you a business owner looking for a credit solution that offers more than just basic benefits? The American Express Plum Card might be the answer you’ve been searching for. In this blog post, we will explore the unique features of the Plum Card and how it can be a game-changer for your business.

Key Features of the American Express Plum Card

  • 60-Day Interest-Free Payback Window: Essentially acts as a 1.5% NET60 term with all your vendors, giving you the breathing room you need to manage your cash flow effectively.
  • Early Pay Discount: Earn a 1.5% discount when you pay your bill within 10 days of your statement closing date.
  • No Foreign Transaction Fees: Ideal for businesses that require international travel.
  • Flexible Payment Options: Choose to pay in full or carry a balance for up to 60 days with no interest.

Credit Score Requirements

To be eligible for the American Express Plum Card, applicants typically need a good to excellent credit score. This usually means a credit score of:

  • Good: 700 – 749
  • Excellent: 750 and above

Please note that these are general guidelines, and approval is not guaranteed. American Express will consider your entire application, including your income and other factors.

Real-Life Testimonials

  • Design firms, contractors, and e-commerce businesses have leveraged the Plum Card to grow their operations.
  • High spending limits and flexible repayment terms have made it a favorite among large-scale enterprises.

Pros and Cons of the Plum Card


  • Unlimited 1.5 percent discount on eligible charges within 10 days of your statement closing date.
  • Extended warranties, purchase protection, return protection, and other benefits.
  • No foreign transaction fees.


  • $250 annual fee.
  • No welcome bonus.
  • Not ideal for businesses looking for a traditional rewards structure.

Application Insights

  • The first Amex application (personal or business) is a hard pull, but subsequent applications are soft pulls.
  • Establishing a relationship with Amex is often recommended as a first step for new businesses.


The American Express Plum Card is designed for businesses that need flexibility and rewards. With its unique features, it can be a powerful tool for managing cash flow and earning discounts on your spending. Whether you are a seasoned entrepreneur or just starting out, the Plum Card is worth considering as part of your financial strategy.

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