Two new credit cards from American Express and Citibank are available to users of Your Credit Network:
American Express SimplyCash Business Card
This new business credit card from American Express is the latest in a long line of offers that cater to the small-to-medium sized business owner who is looking for a credit card with an exceptional reward program. One of the qualities that separate this card from previous offers is the automatic entry into a cash back reward program at zero cost to the cardholder. This cash back program allows for a 5% cash back bonus on all business-related expenses (such as office supplies, travel, wireless, etc.) as well as a 1% cash back rebate on all other purchases. Certain restrictions may apply, so be sure to read the terms & conditions for the American Express SimplyCash Business Card before you make your final decision.
Another amazing feature of this card is the generous terms of their balance transfer program. With the American Express SimplyCash Business Card you may transfer any previous credit card balances to the card at a flat rate of 7.99% for the remaining life of the loan. This is in contrast to other business credit cards with balance transfer offers, which will often make a promotional rate available to the cardholder for a set period of time. If you are looking to consolidate other business credit card debt onto one credit card, then the American Express SimplyCash Business Card should definitely be one of your top considerations.
Citi Platinum Select MasterCard
The Citi Platinum Select MasterCard is a great stepping-stone offer for people with fair to good credit (learn about credit score terms) who are looking to get a platinum credit card and all the benefits that come with it. Platinum credit card deals are typically reserved for individuals with an excellent credit rating, which is why this particular credit card offer is so special.
Because this credit card has been made available to people with fair-to-good credit ratings, the slightly above-average APR for balance transfers and purchases (14.24% as of the date of this post; see the credit card review for the Citi Platinum Select MasterCard for more details) is to be expected. Additional services and free features more than make up the difference for the interest rate, so if you’ve got less than excellent credit and you’re looking for a platinum credit card from a well-known credit card issuer, then you should definitely consider this credit card.