How Does LendingTree Get Paid?
| Advertising Disclosure
| American Express Disclosure

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.

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).

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Edward Jones Business Plus MasterCard Credit Card Review

Edward Jones Business Plus MasterCard Credit Card Review

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 may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is the Edward Jones Business Plus MasterCard Credit Card best for?

If  you’re a small business owner who’s in the market for a business credit card that offers a simple rewards structure and an intro APR on balance transfers, you may want to consider the Edward Jones Business Plus MasterCard Credit Card.

Along with offering the ability to 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 $0 annual fee card provides an interest-free period on balance transfers for a year.

Just know, the Edward Jones Business Plus MasterCard Credit Card is only available to current Edward Jones customers.

We highlight the pros and cons of the Edward Jones Business Plus MasterCard Credit Card and show how it compares to similar business credit cards, to help determine if it’s the right fit for you.

Edward Jones Business Plus MasterCard Credit Card overview

    • 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.  Redeem them for cash back, travel, gift cards, charitable donations or cash deposits directly into an Edward Jones account.
    • Scoreboard Online Reporting - to help you track and manage business expenses.
    • Have the support and personalised service of your Edward Jones financial advisor.
    N/A
  • Foreign transaction fees: 1% of each foreign transaction
  • Extended warranty and purchase assurance coverage
  • Car rental insurance
  • Travel accident insurance with trip cancellation
  • Global emergency service
  • Mobile receipt management
  • Free credit score powered by TransUnion

Intro Purchase APR

N/A

Regular Purchase APR

17.24% to 28.24% (variable)

Intro BT APR

0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening

Regular BT APR

17.24% to 28.24% (variable)

Annual Fee

$0

Cash Advance Fee

$10 or 4% of value, whichever is greater

Foreign Transaction Fee

1% of each foreign transaction

Balance Transfer Fee

0% introductory fee for balances transferred within the first 60 days; after that, 3% of each transferred amount, $5 minimum

Pros and cons

Pros

  • Sign-up bonus
  • Cash back rewards
  • Introductory APR on balance transfers
  • $0 annual fee

Cons

  • No intro APR on purchases
  • Spend requirement to earn the highest rewards rate
  • Restrictions on who can apply

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 you spend $1,000 in the first 90 days of account opening.

  • Rewards rate

    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.

    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.

  • Intro 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, a 17.24% to 28.24% (variable) 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.

  • Annual fee

    The Edward Jones Business Plus MasterCard Credit Card charges a $0 annual fee.

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, you will be subject to interest charges at an APR of 17.24% to 28.24% (variable) (variable).

  • 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.

  • Restrictions on who can apply

    The Edward Jones Business Plus MasterCard Credit Card is only available 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.

Alternate business credit card to the Edward Jones Business Plus MasterCard Credit Card

Compare it to the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard®

 

If you’re not an Edward Jones customer and want a business card that offers a slightly higher rewards rate in popular business spending categories, as well as an intro APR on purchases and balance transfers, the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® may be a better fit.

With the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard®, 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 Rewards Center. No limit on total cash back earned.

The $0 annual fee card also offers the following sign-up bonus: Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.

If you need to finance a large business expense and pay it off over time, you can do so without incurring interest charges for more than a year. The card offers a 0% Intro APR for 15 billing cycles on purchases, then an APR of 17.74% - 26.74% (variable) applies. Additionally, cardholders receive a 0% Intro on balance transfers for 15 billing cycles, then a 17.74% - 26.74% (variable) APR applies.

The U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® charges a balance transfer fee of either 3% of the amount of each transfer or $5 minimum, whichever is greater.

Compare the Edward Jones Business Plus MasterCard Credit Card to similar cards

Comparison of four different credit cards
Edward Jones Business Plus MasterCard Credit Card U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard<sup>®</sup> Wells Fargo Business Platinum Credit Card U.S. Bank Business Platinum Card
Edward Jones Business Plus MasterCard Credit Card U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® Wells Fargo Business Platinum Credit Card U.S. Bank Business Platinum Card
Read Review
Read Review
Read Review
Read Review
Welcome Offer
15,000 loyalty points after you spend $1,000 in the first 90 days of account opening Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account. Earn a one-time $300 cash back bonus or 30,000 bonus points when you select a Business Card Rewards Program and spend $3,000 in the first three months of account open date. N/A
Rewards Rate
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 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 Rewards Center. No limit on total cash back earned. Earn 1.5% cash back on qualifying purchases or earn 1 point on every $1 spend and receive 1,000 bonus points every billing cycle when you spend at least $1,000 on qualifying purchases. N/A
Annual Fee
$0 $0 $0 $0
Intro Purchase APR
N/A 0% Intro APR for 15 billing cycles on purchases 0% APR for 9 months 0% intro APR on purchases for 18 billing cycles
Regular APR
17.24% to 28.24% (variable) 17.74% - 26.74% (Variable) Variable APR of Prime + 7.99% to Prime + 17.99% 14.99% - 23.99% (Variable)
Intro Balance Transfer APR
0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening 0% Intro on balance transfers for 15 billing cycles 0% APR for 9 months 0% intro APR on balance transfers for 18 billing cycles
Regular Balance Transfer APR
17.24% to 28.24% (variable) 17.74% - 26.74% (Variable) Variable APR of Prime + 7.99% to Prime + 17.99% 14.99% - 23.99% (Variable)
Balance Transfer Fee
0% introductory fee for balances transferred within the first 60 days; after that, 3% of each transferred amount, $5 minimum Either 3% of the amount of each transfer or $5 minimum, whichever is greater 4% or $10, whichever is greater Either 3% of the amount of each transfer or $5 minimum, whichever is greater
Recommended Credit
N/A Excellent/Good Excellent/Good Excellent/Good
Card Details
Edward Jones Business Plus MasterCard Credit Card U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® Wells Fargo Business Platinum Credit Card U.S. Bank Business Platinum Card

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

The Edward Jones Business Plus MasterCard Credit Card is a good choice for small business owners who are in the market for a card that offers a simple rewards structure and intro APR on balance transfers.

But if you want the opportunity to earn a slightly higher rewards rate in popular business spending categories, like office supply store purchases and cellphone services, the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® may be a better choice.

Additionally — along with a slightly longer intro APR on balance transfers than the Edward Jones Business Plus MasterCard Credit Card — the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® offers an intro APR on purchases for more than a year.

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.

The information related to the Edward Jones Business Plus MasterCard Credit Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.