Review, compare, and apply for the best credit card offers online. Each credit card on our site is hand-picked by our researchers. Questions? Blue Cash® from American Express
By Arrive Financial Staff on Feb 2, 2008 in American Express Credit Cards, Balance Transfer Credit Cards, Cash Rewards Credit Cards, Editor's Picks, Good Credit Credit Cards
- Editor’s Pick: Cash Rewards, Editor’s Pick: Balance Transfer - Why do we love Blue Cash®?
Other cards can’t top the low, fixed 4.99% balance transfer APR (0%/6 mos. for purchases) and unlimited cash rewards that can be up to 5% of your purchases.
Plus, there is no annual fee and you can get online approval in seconds.
Finally, our experiences with American Express have been excellent. Their customer service, card member benefits, and card features all live up to their reputation.
Editorial Review: Blue Cash® from American Express
Blue Cash from American Express is one of our most recommended credit cards because it is the only credit card with which you can earn 5% cash back at grocery stores, gas stations, and drugstores.
How Cash Back Rewards with Blue Cash from American Express Work
Card members earn 1% cash back for every purchase made at supermarkets, gas stations, and drugstores and 0.5% cash back for every purchase made everywhere else for spending up to $6,500 per year.
Once card members reach $6,500 in annual spending, they eearn 5% cash back at supermarkets, gas stations, and drugstores and 1.5% on all other purchases. There is no limit on the amount of cash back you can earn. Top
Blue Cash from American Express Balance Transfers: Rates and Fees
Blue Cash from American Express offers an excellent balance transfer benefit: a 4.99% APR for the life of the balance. To take advantage of this balance transfer offer, you must apply for the balance transfer at the time of your application. A balance transfer “transaction” fee equal to 3% of the transaction, with a minimum of $5 and a maximum of $99, will be assessed. These fees are considered finance charges. Top
Blue Cash from American Express Interest Rates (APRs) and Fees
Blue Cash from American Express carries no annual fee.
The APR for this card will be determined based upon your credit worthiness, but will be calculated as either prime rate plus 4.99%, 6.99% or 9.99%.
New card members will get a 0% introductory APR for 6 months and a 4.99% fixed rate on balance transfers for the life of the balance when the balance transfer request is made at the time of application.
Blue Cash from American Express uses the average daily balance method (including new purchases) of calculating your monthly balance. This card has a 20 day grace period. Top
Other Benefits
Blue Cash from American Express offers several additional travel and shopping programs:
Card members can shop at shopamex.com, a shopping comparison site designed for Amex cardholders. You can also redeem points for your purchases. Card members can get a $100 statement credit back if you purchase a $3,000 vacation from American Express Travel Services. Buyers Assurance - Get a double warranty for products you purchase with your card up, up to one additional year of coverage. Coverage is good for up to a purchase of $10,000 and up to $50,000 worth of purchases a year. Purchase Protection Plan - Enjoy the ability to return any purchase if it is accidentally damaged in 90 days. American Express Selects - The international traveler will enjoy discounts at Amex partner merchants worldwide. Top
Blue Cash® from American Express - Pros
Up to 5% cash back on everyday purchases and up to 1.5% cash back on all purchases when you spend more than $6,500 annually Unlimited rewards No annual fee
Blue Cash® from American Express - Cons
Need to spend $6,500 to earn maximum cash rewards
Customer Reviews
Do you have or have you applied for a Blue Cash® from American Express? Please submit your opinion! To control SPAM, your review may take 12-24 hours to appear. Top
Important: We take care to ensure all card terms described on this website are accurate and up-to-date. Creditors change terms, including APRs, frequently, however. While we usually update our reviews within 1-5 days of notification, never apply for or accept any credit offer before carefully reviewing the offer terms and conditions found directly on the creditor's website.
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