Is The Plum Card® from American Express worth it?

The Plum Card from American Express is a unique charge card designed for businesses, providing flexibility in managing cash flow by offering a discount for early payment on your statement balance. With no preset spending limit and the ability to defer payment on certain expenses, it's a valuable tool for businesses looking for payment flexibility and discounts while managing their finances.

What credit score do I need to get The Plum Card® from American Express?

The recommended credit score for The Plum Card® from American Express is Good to Excellent.

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

The Plum Card® from American Express

No welcome offer.

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Rewards Rate

—

Annual Fee

$250

Rates & Fees|Terms Apply

Our Mission

At Daily Drop, our mission is simple: to help you explore the world affordably and experience life-changing travel by maximizing miles and points. Our team of travel and credit card experts is here to help you make decisions about which cards belong in your wallet. Based on your travel goals, we offer unbiased advice to help you make the best choices. Keep in mind that our suggestions require responsible credit card use.

Rating Methodology

Here at Daily Drop, we score credit cards using a proprietary formula based on dozens of metrics across six key categories: annual fee, welcome offer, rewards rates, redemption value, benefits & perks, and travel protections. Higher scores indicate better overall value.

We net the annual fee against statement credits you'll likely use and focus on a welcome offer's true return on spending (ROI) rather than just the headline number. We value rewards by their actual worth in cents per point, which is why flexible, transferable points typically score highest. APR is not a standalone scoring category because we recommend paying in full to maximize points and miles, but an intro 0% APR counts as a perk.

Our reviews are editorial and experience-driven. Our team has earned and redeemed millions of miles and points and tested these cards around the world. After all, we would not be Daily Drop if we were not practicing what we preach.

Read our full methodology for more information.

Pros & Cons

Pros

Flexible payment options with an early pay discount
No preset spending limit, allowing for flexibility in business spending
Access to expense management tools for businesses
Rewards may include discounts on your annual fee based on spending

Cons

Comes with an annual fee
The card's unique features may not be suitable for all business needs

Rewards Summary

Paying early pays off: Earn unlimited 1.5% Early Pay Discount on eligible charges paid within 10 days of your statement closing date and see the discount applied to your next statement when you pay at the least the Minimum Payment Due by the Payment Due Date.

Additional Benefits

Take up to 60 days to pay with no interest when you pay your minimum due by the Payment Due Date.
Terms Apply. Learn More.

Recommended Credit

The recommended credit score for the Amex Plum Card is good to excellent.

Daily Drop credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Our Experts

Written by: McKay Moffitt

Writer

Updated:Jul 3, 2026

For American Express products listed in this page, Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.

Editorial disclaimer: opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Information was last updated Jul 3, 2026.