The American Express Blue Business Cash Card

Contemplating discontinuing your American Express Blue Business Cash Card? This guide facilitates a smooth closure process, outlining the recommended method and important considerations.

Cancellation Method:

1. Direct Contact: American Express prioritizes customer retention, and as such, closing your account online is not currently available. To initiate closure, a direct call to their customer service team is necessary. The phone number is conveniently located on the back of your Blue Business Cash Card. For those located outside the United States, a collect call number is provided: 1-336-393-1111.

Important Considerations:

• Outstanding Balance: Ensure you settle any outstanding balance on your Blue Business Cash Card before closure. This includes full payment of current charges and any accrued interest. Failure to do so may result in late fees and potential negative impacts on your credit score.
• Rewards Points: Remember to redeem any accumulated Membership Rewards points associated with your Blue Business Cash Card before initiating closure. Unused points are forfeited upon account termination. Explore American Express’ rewards redemption options to maximize the value of your points.
• Credit Report Impact: Closing a credit card can slightly impact your credit score, particularly if it contributes significantly to your overall credit utilization ratio or is a long-established account.
• Retention Offers: During your call with customer service, American Express representatives may present alternative solutions to retain your business. These could include fee waivers or upgrade opportunities. Carefully evaluate these options before opting for complete closure.

By following these steps and considering the outlined points, you can confidently and effectively terminate your American Express Blue Business Cash Card.