How Does LendingTree Get Paid?
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How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
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Edward Jones Business Plus MasterCard Credit Card Review

Updated on:
Content was accurate at the time of publication.
LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
2.3
Edward Jones Business Plus MasterCard Credit Card
Rewards
Earn 1.5 Loyalty Points on every net $1 spent up to $40,000 and 2 Loyalty Points on every net $1 spent over $40,000
Sign-up Bonus
Earn 15,000 loyalty points after you spend $1,000 in the first 90 days of account opening
Annual Fee
$0
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Key Takeaway

For business owners who need to do a balance transfer, the Edward Jones Business Plus MasterCard Credit Card is a good choice. You’ll get a intro 0% APR on balance transfers and a solid rewards program. Drawbacks include being available only to clients and no intro APR on purchases.

Pros and cons

  • Sign-up bonus
  • Cash back rewards
  • Introductory APR on balance transfers
  • $0 annual fee
  • No intro APR on purchases
  • Spend requirement to earn the highest rewards rate
  • Restrictions on who can apply

Is the Edward Jones Business Plus MasterCard Credit Card a good card?

Business owners who need a balance transfer and are also clients of Edward Jones will be well-served with this card both in the short and long term. Although the intro APR on balance transfers lasts only 12 months, the rewards program is good.

The Edward Jones Business Plus MasterCard Credit Card comes with a $0 annual fee and an easy-to-earn sign-up bonus, which means if you don’t have late fees or carry a balance, you can use the card without ever paying a cent. The tiered rewards program lets you earn 1.5 Loyalty Points on every net $1 spent up to $40,000 and 2 Loyalty Points on every net $1 spent over $40,000. Even if you don’t reach the higher earning level, the reward rate is solid and lets you earn cash back on every purchase.

However, if you don’t have an account or do not intend to bank with Edward Jones, you can consider other card options.

First-year value: $929 verses $919 for the average balance transfer credit card*
Ongoing value: $321 versus $265 for the average balance transfer credit card*

*Based on LendingTree’s value methodology

Alternate cards for business purchases

Quick facts

  • Intro purchase APR: N/A
  • Regular purchase APR: 19.74%–29.74% Variable
  • Intro balance transfer: 0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening
  • Regular BT APR: 19.74%–29.74% Variable
  • Foreign transaction fee: $0
  • Sign-up bonus: 15,000 loyalty points after you spend $1,000 in the first 90 days of account opening
  • Rewards: Earn 1.5 Loyalty Points on every net $1 spent up to $40,000 and 2 Loyalty Points on every net $1 spent over $40,000
  • Other benefits: Online banking, Mobile wallet friendly, Spending and reporting tools, Travel assistance

What we like about the Edward Jones Business Plus MasterCard Credit Card

  • Sign-up bonus

    The Edward Jones Business Plus MasterCard Credit Card offers a solid sign-up bonus with a low spend threshold. Cardholders earn 15,000 loyalty points after spending $1,000 in the first 90 days of account opening, which is a $150* value. It’s not the highest sign-up bonus available, but with a low spending threshold, it’s easy to earn.

    *Based on LendingTree’s value methodology

  • Cash back rewards

    Cardholders earn 1.5 Loyalty Points on every net $1 spent up to $40,000 and 2 Loyalty Points on every net $1 spent over $40,000. This is a solid rewards rate for business credit cards; however, there are business cards that offer flat-rate rewards. The Capital One Spark Cash Plus lets you earn 2% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel, while other cards offer elevated rewards in popular business categories or travel.

    Points can be redeemed for cash deposits into your Edward Jones account with Edward Jones Loyalty Invest,™ as well as travel, gift cards, merchandise, statement credits and donations.

  • Introductory APR on balance transfers

    If you’re carrying high-interest credit card debt, you can transfer it to the Edward Jones Business Plus MasterCard Credit Card without being subject to interest charges for a year. The card has a 0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening, after which a 19.74%–29.74% Variable APR applies.

    There’s also a 0% introductory fee for balances transferred within the first 60 days; after that, 3% of each transferred amount, $5 minimum.

  • $0 annual fee

    The Edward Jones Business Plus MasterCard Credit Card charges a $0 annual fee, which is good considering the intro APR for balance transfers and rewards. There are numerous $0 annual fee credit cards, including the Ink Business Cash® Credit Card. However, the cards with the most robust perks typically have annual fees.

What to look out for with the Edward Jones Business Plus MasterCard Credit Card

  • No intro APR on purchases

    If you plan to carry a balance on your Edward Jones Business Plus MasterCard Credit Card from month to month, this is not the card you want to use. You will be subject to interest charges at an APR of 19.74%–29.74% Variable. If you need to finance a large purchase, consider the Ink Business Cash® Credit Card, which comes with an intro on new purchases and offers elevated rewards on popular business expenses.

  • Spend requirement to earn the highest rewards rate

    To earn the highest cash back rate, you must spend at least $40,000 during a 12-month billing cycle. Depending on the size of your business, this may be easily attainable or a very far stretch. For small businesses that fall in the latter category, consider a flat-rate card such as Ink Business Unlimited® Credit Card, which lets you earn unlimited 1.5% cash back on every purchase made for your business.

  • Application restrictions

    The Edward Jones Business Plus MasterCard Credit Card is available only to Edward Jones customers. To apply, you can either ask your Edward Jones financial advisor or log in to your account and visit the loans and credit section under the accounts tab. If you’re not an Edward Jones customer yet, you can become a client with an advisor in your area.

Edward Jones Business Plus MasterCard Credit Card vs.

| Disclosures
BMO Business Platinum Credit Card*
BMO Business Platinum Credit Card
Review Coming Soon
0% intro APR for 12 months on purchases
17.24%-26.24% Variable
$0
N/A
  • 0% intro APR for 12 months on purchases and , followed by a 17.24%-26.24% Variable APR
  • No annual fee
  • Save up to 25% at 40,000+ merchants – including gas, meals, office supplies, hotels and more – with Mastercard Easy Savings®
  • Enjoy discounts on Intuit QuickBooks® and TurboTax® to streamline your accounting and simplify your taxes
  • Get up to 20 additional cards so employees can easily make purchases and earn points on behalf of your business
  • Get $600 cell phone protection when you charge your monthly wireless telephone bill to your card
N/A
*The information related to the BMO Business Platinum Credit Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


Like the BMO Business Platinum Credit Card, the BMO Business Platinum Credit Card is a $0 annual fee business credit card, but with a longer intro APR on balance transfers. You pay a , then a 17.24%-26.24% Variable APR. The APR is reasonable, especially if you qualify for the lower rate.

Besides the low rates, there are a handful of other perks end with this card, including up to $600 in cellphone protection each year. Its biggest downsides include foreign transaction fees and no rewards program.

Edward Jones Business Plus MasterCard Credit Card vs. Ink Business Cash® Credit Card

| Disclosures
Ink Business Cash® Credit Card
Ink Business Cash® Credit Card
apply-now-icon Apply Now
on Chase's secure site
0% Intro APR on Purchases for 12 months
17.99% - 23.99% Variable
$0
Earn 5% cash back on the first $25,000 spent in combined purchases
  • Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • 10% Business Relationship Bonus If you have the Ink Business Cash card plus a Chase Business Checking account on your first card anniversary
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • 0% introductory APR for 12 months on purchases
  • Member FDIC
720 850
Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


With both an intro APR on new purchases and cash back rewards, the Ink Business Cash® Credit Card card is a useful financial tool in the wallet of business owners. You can earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn. If you spend a lot on office-related items or need to finance something, the Ink Business Cash® Credit Card is worth considering.

You can also stretch your rewards further with the Chase Ultimate® Rewards program. Like the other cards, there’s a $0 annual fee, but there is a foreign transaction fee.

Edward Jones Business Plus MasterCard Credit Card vs. U.S. Bank Triple Cash Rewards Visa® Business Card

| Disclosures
U.S. Bank Triple Cash Rewards Visa® Business Card*
U.S. Bank Triple Cash Rewards Visa® Business Card
0% intro APR for 12 billing cycles on purchases
18.49% to 27.49% variable
$0
Earn 3% cash back on eligible purchases at gas stations and EV
  • Earn $750 in cash back. Just spend $6,000 on the Account Owner's card in the first 180 days of opening your account.
  • Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
  • 1% cash back on all other eligible net purchases.
  • Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center.
  • No limit on total cash back earned.
  • Rewards never expire.
  • Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
  • 0% Intro APR on purchases for 12 billing cycles. After that, a variable APR currently 18.99% - 27.99%. 
  • No annual fee.
  • Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
  • Terms and conditions apply
660 720 850
Good / Excellent
*The information related to the U.S. Bank Triple Cash Rewards Visa® Business Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


With the U.S. Bank Triple Cash Rewards Visa® Business Card, you can finance a large business expense and pay it off over time without incurring interest charges for more than a year. The card offers a 0% intro APR for 12 billing cycles on purchases, then a 18.49% to 27.49% variable APR applies. Cardholders earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants. 1% cash back on all other eligible net purchases. Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center. No limit on total cash back earned.

The U.S. Bank Triple Cash Rewards Visa® Business Card has a $0 annual fee and does have foreign transaction fees.

Is the Edward Jones Business Plus MasterCard Credit Card right for you?

For business owners who are Edward Jones clients and need to finance some credit card debt via a balance transfer, the Edward Jones Business Plus MasterCard Credit Card is a strong choice. It’s one of a few business balance transfer credit cards, and it offers rewards, making it valuable long after your debt is paid off.

However, if you’re not, or don’t intend to become, an Edward Jones client, consider a balance transfer credit card that fits your main goal. If paying down debt is your top priority, the BMO Business Platinum Credit Card is your best choice because of its long intro period on balance transfers and purchases. It’s great for financing, but not long term, since it lacks a rewards program.

But if you want an intro APR on new purchases or to finance new stock or equipment, the Ink Business Cash® Credit Card credit card is a great choice, with both an intro APR and cash back rewards.

The information related to the Wells Fargo Business Platinum Credit Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.

For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

The information related to the Edward Jones Business Plus MasterCard Credit Card, BMO Business Platinum Credit Card, U.S. Bank Triple Cash Rewards Visa® Business Card, Ink Business Unlimited® Credit Card and Wells Fargo Business Platinum Credit Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.