The Plum Card® from American Express is a business charge card designed to provide flexibility and financial control for small to medium-sized businesses. It offers unique features that set it apart from traditional credit cards, such as a generous early payment discount and no preset spending limit. Key Features:

1. Early Pay Discount: Cardmembers can take advantage of a 1.5% discount on eligible purchases when they pay early, within ten days of the statement closing date.
2. No Preset Spending Limit: Unlike traditional credit cards, The Plum Card does not have a preset spending limit, giving businesses more flexibility in managing their cash flow.
3. Extended Payment Terms: Cardmembers have the option to defer payment on certain purchases for up to 60 days without incurring interest, providing additional breathing room for managing expenses.
4. Membership Rewards®: Earn Membership Rewards points on eligible purchases, which can be redeemed for various rewards, including travel, merchandise, and more.
5. Expense Management Tools: Access tools and features to monitor and manage business expenses, including detailed statements, account alerts, and the ability to set spending limits for employees.
6. Purchase Protection: Benefit from purchase protection, which can cover eligible purchases against accidental damage or theft for up to 90 days.
7. Global Assist® Hotline: Access 24/7 assistance when traveling more than 100 miles from home, including medical, legal, and financial assistance.