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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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American Express Disclosure
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American Express Disclosure

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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: shortenedCCEditorialNote

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.
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • Foreign transaction fees: $0
  • 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

19.74%–29.74% 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

19.74%–29.74% Variable

Annual Fee

$0

Cash Advance Fee

$10 or 4% of value, whichever is greater

Foreign Transaction Fee

$0

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 19.74%–29.74% 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 19.74%–29.74% 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 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.

 

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 Triple Cash Rewards Visa® Business Card may be a better fit.

With the U.S. Bank Triple Cash Rewards Visa® Business Card, 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 $0 annual fee card also offers the following sign-up bonus: Earn $750 in cash back — just spend $6,000 on the Account Owner's card in the first 180 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 12 billing cycles on purchases, then an APR of 18.49% to 27.49% variable applies. Additionally, cardholders receive a N/A, then a 18.49% to 27.49% variable APR applies.

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

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 Triple Cash Rewards Visa® Business Card 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 Triple Cash Rewards Visa® Business Card 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, U.S. Bank Triple Cash Rewards Visa® Business Card, Wells Fargo Business Platinum Credit Card and U.S. Bank Business Platinum 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.