The Plum Card® from American Express OPEN
- The Everything, Everywhere Trade Terms Card SM from American Express OPEN
- Pay in full within ten days, get a 1.5% discount
- OR pay as little as 10% and take up to 2 months to pay off the balance, interest free
- $0 introductory annual fee for the first year, then $185
- A powerful cash flow management tool
Intro Rate
Intro Period
Reg. Rate
Annual Fee
Balance
Transfers
Transfers
Credit Needed
N/A*
N/A*
N/A*
$0 introductory annual fee for the first year, then $185
N/A*
Excellent Credit*
Editor's Review:
The Plum Card® from American Express OPEN is a very unique card offer for small business owners who are looking for added payment flexibility with their charge card.
While the card doesn’t have a rewards program, it does offer a few benefits that are potentially very rewarding for cardholders. For starters, cardholders will earn a 1.5% discount by paying their card balance in full within 10 days of the statement closing date.
Also, by making an initial payment of at least 10% of the balance with the Plum Card®, cardholders can take up to 2 months from the statement closing date to pay the new balance offin full.
The card carries a pretty hefty $185 annual fee, but it’s waived for the first year to give cardholders an opportunity to benefit from this unique card without any out of pocket costs in the first year.
The Plum Card® from American Express OPEN is a very convenient option for small business owners looking for special savings options.
