Blue Business Cash Card from American Express vs American Express Schwab Investor Card

Common questions

Which card has the bigger sign-up bonus, Blue Business Cash Card from American Express or American Express Schwab Investor Card?

The Blue Business Cash Card from American Express has the bigger bonus, $250 statement credit, worth roughly $250, versus 10,000 Membership Rewards points (~$110) on the American Express Schwab Investor Card.

Is the Blue Business Cash Card from American Express's $0 annual fee worth it compared to the American Express Schwab Investor Card?

The Blue Business Cash Card from American Express has no annual fee, so the question is whether the American Express Schwab Investor Card's $0 fee is justified by its perks. If you'll use enough of the American Express Schwab Investor Card's benefits to clear $0 in value annually, it's worth it; otherwise stick with the Blue Business Cash Card from American Express.

Can I have both the Blue Business Cash Card from American Express and American Express Schwab Investor Card?

Yes, though both are issued by American Express so the same issuer-specific application rules apply (Chase 5/24 if applicable, Amex once-per-lifetime bonus, etc.). Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.

Should I get the Blue Business Cash Card from American Express or the American Express Schwab Investor Card first?

Get the one whose sign-up bonus you can hit comfortably without overspending. Blue Business Cash Card from American Express: $3,000 spend in 3 months. American Express Schwab Investor Card: $1,000 in 6 months. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.