What you should know about using the American Express business credit card

There are a number of things that you should know when it comes to using the American Express business credit card.The American Express business card is especially popular because it offers frequent flyer miles that are awarded with your purchases.Depending on the business where you use your card, then you can earn even more points for each purchase.

The American Express business card is one of the most heavily advertised small business credit cards.It is overall rated a 3 out of 5 points by consumers, which means that it is essentially a pretty good credit card for small business owners.

Here are some of the primary features of the American Express Gold Delta SkyMiles Business Credit Card, at the time of writing:
An introductory rate of 0% on purchases (not on balance transfers).
The introductory 0% rate will last for 6 months.
A 9.99% introductory rate on all balance transfers for the entire time of the loan as long as you transfer the balance during the first six months that you have the card.
The regular APR is generally around 18.24%.
This APR is variable, instead of fixed.
The annual fee is $85.
You do not have to pay the annual fee for the first year that you have the card.If you have the Business Gold Card, the Executive Business Card, the Business Platinum Card, or the Business Centurion Card, then the annual fee will be reduced to $30 per year.

So how do the benefits work on this particular card?You will earn one mile on Delta Airlines for every dollar that you spend on generally classed purchases.For every dollar that you spend with your card at drugstores, gas stations, supermarkets, your cell phone bill, Delta Air Lines, home improvement and hardware stores, and the U.S. Postal Service, you will earn two miles for each dollar.

The first purchase that you make with this card will earn you an additional 15,000 bonus miles.Each time per year that you reach $15,000 and subsequently $25,000 on your card, you will get another 5,000 bonus miles.If you want more people to be able to have their own card, you can get 1,000 bonus miles for each additional cardholder up to five additional cards.

The miles expire after two years.You also have an annual spending limit of $100,000.You have the ability to use these miles along with Delta Airlines' frequent flyer miles program.

This card also offers travel accident insurance, purchase protection service, discounts from various merchants, and a 5% discount on all Delta flights that you buy directly through Delta.You will also be rewarded with a $99 Companion Certificate for each year that you renew the card.

So is this card worth it?Well, the annual fee is high, but it can be waived with certain cards, as noted above.The APR is pretty high for any business card, and also higher than average for a miles reward card.If you have a revolving balance, then this is not necessarily the card for you.

But if you are going to pay off your card every month, and you will use the card at places where you will receive additional miles, such as supermarkets and other similar retailers, then this card could be an excellent asset for your business.With this card, you will have access to American Express' OPEN: The Small Business Network.

American Express also offers several other business cards for small business owners.The Business Gold Rewards Card and the Business Platinum Card have no finance charges if you pay off your full balance each month.You can also choose from the SimplyCash Business Card, the Platinum Business Credit Card, and the True Earnings Business Card which works in conjunction with Costco.You can go to the American Express website at www.americanexpress.com to help decide which card will be the best for you.