Blue Cash Everyday Card From American Express Review
An AmEx Rewards Card with No Annual Fee
We are committed to researching and recommending the best financial solutions and products for our readers. The Balance has partnered with CardRatings and may receive commissions from links within our content, but these have no bearing on our reviews or recommendations. The below content has not been reviewed, endorsed, or approved by any card issuers prior to publishing.
The Blue Cash Everyday Card from American Express is for people who want to earn cash rewards on their credit card purchases. American Express has two Blue Cash cards. This one has no annual fee but lesser rewards.
Blue Cash Everyday Card From American Express Details
|Welcome Offer||$150 cash back if you spend $1,000 in the first three months|
|Intro Purchase APR||0% for 15 months|
|Ongoing APR||15.24%-26.24%, based on your creditworthiness|
|Balance Transfer APR||0% for 15 months, then 15.24%-26.24%|
|Balance Transfer Fee||Either $5 or 3% of the amount of each transfer|
|Late Payment Fee||Up to $38|
|Foreign Transaction Fee||2.7% of each transaction after conversion to U.S. dollars|
Pros & Cons of Blue Cash Everyday Card From American Express
What We Like
No annual fee
3% cash back on groceries
2% cash back on gas
What We Don't Like
Fairly high APR
Limit on 3% cash back
The Blue Cash Everyday Card from American Express come with a $150 cash-back reward if you spend $1,000 within three months of opening the account. In addition, the card offers 0% APR for the first 15 months, including on balance transfers.
Earning Points & Rewards
American Express has two Blue Cash cards and a Cash Magnet card. This Blue Cash version has no annual fee but less generous rewards than the Blue Cash Preferred Card, which has a $95 annual fee.
There are several key differences between this card and Blue Cash Preferred. You earn 3% at supermarkets (excluding superstores and warehouse clubs and only up to $6,000 per year), 2% at gas stations and some department stores, and 1% on all other purchases, compared to 6%-3%-1%, respectively, on the Preferred card. The initial spending bonus is $150 on this card, while the Preferred rewards $250 with the same spending requirements.
As soon as you earn $25 in rewards, you can redeem them for statement credits. Points can also be used for certain travel and gift card purchases.
You must have a minimum rewards balance of $25 to redeem points for cash back, given in the form of an account credit, which cannot be applied to the minimum monthly payment.
Blue Cash Everyday Card from American Express' Other Features
- Fraud protection: When you use your American Express Card, you won't be held responsible for fraudulent charges.
- Pay it plan it: Pay small purchase amounts or you can Plan It to split up large purchases, for a fixed monthly fee.
- Travel accident insurance: Provide coverage for accidental death and dismemberment while traveling.
- Extended warranty: You can get up to two extra years added to the original manufacturer's warranty.
Blue Cash Everyday Card from American Express Additional Fees
|Penalty APR||29.99% for at least six months|
|Returned Payment Fee||Up to $38|
|Cash Advance APR||27.49%|
|Cash Advance Fee||Either $5 or 3% of the amount of each cash advance|
Is This Card Right For You?
The Preferred version is clearly the better of the two Blue Cash cards, at least for the first year, considering the $250 bonus you can earn. After that, it really depends on your spending habits and your willingness to pay an annual fee. You certainly can earn a lot more with the Preferred card than with this one, though whether that is worth the $95 annual fee varies for everyone.
To apply for this Amex card, Visit their Website.
Last updated June 3, 2019. Credit card terms and sign-up bonuses are subject to change from the time of this review. Refer to the application for current terms and conditions.
We are committed to researching and recommending the best financial solutions and products for our readers. The Balance has partnered with CardRatings and may receive commissions from links within our content, but these have no bearing on our reviews or recommendations. The above content has not been reviewed, endorsed, or approved by any card issuers prior to publishing.