1. Annual Fee: There is no annual fee for the Blue Business Cash™ Card. APRs: 0% intro APR on purchases for the first 12 months of Card Membership, based on your creditworthiness and other factors. After that, the APR will be a variable rate based on the Prime Rate, currently 15.49% - 21.49%. 0% intro APR on balance transfers for the first 12 months of Card Membership, based on your creditworthiness and other factors. After that, the APR will be a variable rate based on the Prime Rate, currently 15.49% - 21.49%. The following APRs will vary with the market based on Prime Rate. APR for Purchases: 15.49% - 21.49%, based on your creditworthiness and other factors as determined at the time of account opening. APR on balance transfers requested within 60 days of account opening: 15.49% - 21.49%, based on your creditworthiness and other factors. APR for Penalty APR: 29.99% (Prime Rate + 25.99%) Variable rates are accurate as of 07/05/2019. The variable penalty APR will not exceed 29.99%. Other Charges: Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater. Foreign Transaction Fee: 2.7% of each transaction after conversion to US dollars.
2. 2% Cash back:
Cash back can be received on eligible purchases made on your Blue Business Cash Card. The cash back is based on a percentage of the eligible purchases you make during each billing period and will be automatically credited to your account as a statement credit. The statement credit will automatically appear by the second billing statement you receive after the billing statement with the eligible purchases. You will not receive a statement credit for eligible purchases made if you do not pay the minimum payment due by the Closing Date of the billing period in which it is due, or if your Card account is cancelled before the credit is issued. For each calendar year (starting January 1st and ending December 31st), you will receive a statement credit of: 2% on your first $50,000 of eligible purchases; then 1% on all other eligible purchases. Additional terms and restrictions apply.
3. Expanded Buying Power:
The portion of your account balance that is above your credit limit is due in full each month as part of your minimum payment due. You will not incur interest charges on the portion of your account balance that is above your credit limit so long as you pay the entire minimum payment due by the closing date of the billing period in which it is due. If you do not, then the penalty rate will apply to your entire balance, including any amount above the credit limit.