Amex Blue Cash Everyday Review
The American Express Blue Cash Everyday card offers cashback rewards on everyday purchases. This review delves into the card's rewards structure, annual fees, and how it compares to other cashback cards in the market.
The American Express Blue Cash Everyday Card is a popular cash back credit card that offers rewards on everyday purchases and comes with some valuable features. Here's a review of the American Express Blue Cash Everyday Card:
Pros:
Cash Back Rewards: The card offers cash back on everyday purchases, making it easy to earn rewards. You can earn 3% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%), 2% cash back at U.S. gas stations and select U.S. department stores, and 1% cash back on all other purchases.
Welcome Offer: American Express often offers a welcome bonus for new cardmembers who meet the minimum spending requirement in the first few months. This can provide a significant boost to your rewards earnings.
No Annual Fee: The Blue Cash Everyday Card does not have an annual fee, which means you can earn cash back without incurring additional costs.
0% APR Introductory Offer: The card may come with an introductory 0% APR on purchases and balance transfers for a specified period. This feature can be useful for financing large purchases or consolidating high-interest credit card debt.
Car Rental Insurance: Cardholders may have access to car rental loss and damage insurance when using the card to rent a car.
American Express Benefits: Cardholders can enjoy American Express perks such as access to exclusive events, purchase protection, extended warranties, and more.
Amex Offers: American Express frequently provides cardholders with special offers and discounts at a variety of merchants, including dining, retail, and travel.
Cons:
Supermarket Spending Cap: While the 3% cash back on U.S. supermarket purchases is generous, it's limited to $6,000 per year. After reaching this spending cap, the rate drops to 1%, which may not be as competitive as some other cards.
Foreign Transaction Fees: The Blue Cash Everyday Card charges foreign transaction fees, so it's not an ideal choice for international travel or making purchases in foreign currencies.
Rewards Structure: The card's rewards structure is tailored to specific spending categories, which means it might not be the best option if your spending habits don't align with those categories.
Credit Requirement: While it's not as exclusive as some premium credit cards, the Blue Cash Everyday Card may require a good to excellent credit score for approval.
In summary, the American Express Blue Cash Everyday Card is a solid choice for individuals and families who spend a significant amount on groceries, gas, and select department store purchases. The cash back rewards, welcome offer, and lack of an annual fee make it an attractive option for those looking to earn rewards on everyday spending. However, it's essential to consider your specific spending habits and financial goals when choosing a credit card to ensure it aligns with your needs.
Assessing the benefits and rewards of the American Express Blue Cash Everyday card..
The American Express Blue Cash Everyday® Card is a popular cash back credit card that offers a number of benefits and rewards, including:
- 3% cash back on U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). This is one of the highest cash back rates for supermarket purchases available on a credit card.
- 2% cash back at U.S. gas stations and select U.S. transit and commuting merchants (on up to $6,000 per year in purchases, then 1%). This is also a competitive cash back rate for gas and transit purchases.
- 1% cash back on all other eligible purchases. This means that you can earn cash back on all of your spending, not just your supermarket and gas purchases.
- $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months. This is a valuable welcome bonus that can help you offset the annual fee.
- 0% intro APR on purchases for 15 months from account opening. This can be a good way to save money on interest if you have a large purchase to make.
- No annual fee. This makes the card even more valuable, as you can earn rewards without having to pay an annual fee.
In addition to these benefits, the American Express Blue Cash Everyday® Card also offers a number of other features, such as:
- Purchase Protection. This feature covers your purchases against theft and damage for up to 90 days after purchase.
- Extended Warranty. This feature extends the manufacturer's warranty on eligible purchases by up to one year.
- Return Protection. This feature allows you to return eligible purchases for up to 90 days after purchase, even if the store does not accept returns.
- American Express® Experiences. This program gives you access to exclusive events and experiences, such as concerts, sporting events, and Broadway shows.
Overall, the American Express Blue Cash Everyday® Card is a good option for people who want to earn cash back rewards on their everyday spending. It offers a number of valuable benefits, including a high cash back rate on supermarket and gas purchases, a welcome bonus, an intro APR, and no annual fee.
Here are some tips for using the American Express Blue Cash Everyday® Card effectively:
- Use the card for your supermarket and gas purchases. This is where you will earn the highest cash back rates.
- Take advantage of the welcome bonus. Spend $2,000 in purchases on your new Card within the first 6 months to earn a $200 statement credit.
- Pay your balance in full each month to avoid paying interest. This is especially important since the card has a relatively high regular APR.
- Use the other benefits and features, such as Purchase Protection, Extended Warranty, Return Protection, and American Express® Experiences. These can save you money and give you access to exclusive experiences.
If you are considering opening an American Express Blue Cash Everyday® Card, be sure to read the terms and conditions carefully to understand all of the fees and interest rates associated with the card.