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American Express Blue Cash Everyday Card offers a range of benefits without an annual fee, catering to everyday spending needs. Its cashback rewards program provides 3% cash back on purchases up to a certain annual limit, and 1% beyond. Applicants need good to excellent credit to be eligible. The card also includes statement credits for subscription services. However, responsible credit management is required due to variable APR after the introductory period.
Benefits of the American Express Blue Cash Everyday Credit Card
The American Express Blue Cash Everyday Card is tailored to cater to everyday spending, with a focus on maximizing the value of daily purchases. This card is particularly beneficial for those who frequently spend on groceries, gas, and online shopping. Below is a detailed examination of same of the key benefits that the card offers:
Cash Back Rewards
The Blue Cash Everyday Card offers a tiered cashback system, with 3% cash back on purchases at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases, up to $6,000 per year in each category. After reaching this cap, the cash back rate drops to 1%. This feature is especially advantageous for regular household spending, allowing cardholders to earn rewards on common purchases.
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No Annual Fee
One of the most appealing aspects of the Blue Cash Everyday Card is the absence of an annual fee. This makes it an attractive option for consumers who prefer a cost-effective credit card without the burden of an additional yearly charge. The absence of an annual fee ensures that cardholders can enjoy the benefits of the card without worrying about offsetting a recurring cost.
Introductory APR Offer
The card provides an introductory APR (Annual Percentage Rate) of 0% for the first 15 months on purchases and balance transfers. After the introductory period, a variable APR applies. This feature can be particularly useful for those planning significant purchases or looking to transfer balances from other high-interest credit cards.
Welcome Bonus
The Blue Cash Everyday Card offers a welcome bonus of a $250 statement credit after spending $2,000 on purchases within the first six months of card membership. This one-time bonus can serve as an immediate reward for new cardholders and help offset initial expenses.
Special Statement Credits
Cardholders can receive special statement credits for select subscriptions. For example, there is a credit for subscriptions to The Disney Bundle, which includes Disney+, Hulu, and ESPN+. Additionally, there’s a monthly credit for Home Chef meal kit subscriptions. These benefits align with everyday entertainment and dining needs, offering practical value to users.
Foreign Transaction Fee
The card charges a foreign transaction fee of 2.7% for each transaction made outside the United States. While this is a downside for international travelers, it’s a relatively lower fee compared to many other credit cards which typically charge around 3%.
Each of these benefits is designed to cater to different aspects of daily spending and financial management, making the Blue Cash Everyday Card a versatile choice for many consumers.
Prerequisites to Obtain the American Express Blue Cash Everyday Credit Card
To apply for the American Express Blue Cash Everyday Card, there are several requirements that applicants need to meet.
- Credit Score: Applicants are generally required to have a good to excellent credit score. This typically means a credit score within the range of 690 to 850.
- Income and Financial Stability: Applicants need to have a steady income.
- Age and Residency: Applicants must be at least 18 years old and legal residents of the United States.
- Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN): Applicants need to provide a valid SSN or ITIN.
- Application Process: The application process involves providing personal and financial information. This includes name, address, income, and employment details. American Express may also ask for additional documentation to verify the information provided.
- Other Factors: American Express will consider various other factors such as your existing debts, recent credit inquiries, and overall creditworthiness.
It’s important to note that meeting these requirements does not guarantee approval, as issuers consider a range of factors when evaluating applications.
CLICK HERE TO ACCESS THE OFFICIAL AMERICAN EXPRESS WEBSITE
About American Express Financial Institution
Amex, a global financial services corporation, expanded its services from freight forwarding to credit cards and travel-related services. In response to the growing popularity of credit cards, Amex introduced the green card in the 1950s. Today, Amex offers a wide range of products and services, catering to the diverse needs of its global customer base.
Who is this Card for?
The American Express Blue Cash Everyday Card offers a practical way to earn rewards on everyday spending, particularly in categories like groceries, gas, and online shopping. It is ideal for consumers with a good to excellent credit score and no annual fee. The card’s cash back rewards program and additional benefits like introductory APR offers and statement credits make it an attractive option for those who value routine purchases without additional costs.
Step by Step to Apply for the Card
To apply for the American Express Blue Cash Everyday Card, you can follow these steps:
- Visit the Official Website: Go to the official American Express Blue Cash Everyday Card page here.
- Check for Pre-Qualification: Optionally, you can first check if you pre-qualify for the card without impacting your credit score.
- Complete the Application Form: Fill out the application form with your personal and financial details. This typically includes your name, address, income, and Social Security Number.
- Review Terms and Conditions: Carefully review the terms, conditions, and fees associated with the card.
- Submit the Application: Once you’ve completed the form and reviewed all the information, submit your application.
- Wait for Approval: After submission, you will need to wait for a response from American Express. This could be instant or may take a few days.
- Download the App: Once approved, you can manage your account using the American Express mobile app. Download it from the App Store for iOS or Google Play Store for Android.
APPLY TO AMERICAN EXPRESS BLUE CASH EVERDAY CREDIT CARD HERE
Positives and Negatives of the Card
Positives:
No Annual Fee: The card does not have an annual fee, making it a cost-effective choice for cardholders.
Cash Back Rewards: Offers 3% cash back at U.S. supermarkets, U.S. gas stations, and on U.S. online retail purchases, up to $6,000 per year in each category (then 1%).
Introductory APR Offer: Provides 0% introductory APR for the first 15 months on purchases and balance transfers.
Welcome Bonus: Includes a welcome bonus of a $250 statement credit after spending $2,000 in the first six months.
Additional Credits: Offers statement credits for select subscriptions like The Disney Bundle and Home Chef.
Global Acceptance: American Express cards are widely accepted in the U.S.
Negatives:
Spending Caps on Rewards: The 3% cash back is limited to $6,000 per year in each category, after which it drops to 1%.
Requires Good/Excellent Credit: Approval for the card typically requires a good to excellent credit score.
High Regular APR: After the introductory APR period, the card has a variable APR which can be relatively high.
Foreign Transaction Fees: There is a 2.7% foreign transaction fee on each transaction outside the United States.
Limited International Acceptance: While widely accepted in the U.S., American Express cards may not be as commonly accepted internationally.
No Balance Transfer Bonus: The card does not offer any specific incentives or bonuses for balance transfers.
How to Activate the Card?
Activating the American Express Blue Cash Everyday Card is a straightforward process. Upon receiving your card, follow these steps:
- Visit the Activation Page: Go to the American Express card activation page at this link.
- Enter Card Details: Input your card number and the 4-digit code located on the back of your card.
- Confirm Your Identity: You may be required to verify your identity by answering security questions or providing additional information.
- Complete the Activation: After entering the necessary details, follow the prompts to complete the activation process.
Fees and Tariffs
The American Express Blue Cash Everyday Card comes with various fees and interest rates that potential cardholders should be aware of:
- Annual Fee: Free
- APR for Purchases: 0% intro APR for 15 months, then a variable APR, 18.24% to 29.24%
- Cash Advance Fee: 29.49%
- Foreign Transaction Fee: 2.7% of each transaction after conversion to US dollars.
- Late Payment Fee: Up to $40
- Returned Payment Fee: Up to $40
Customer Service
For assistance with the American Express Blue Cash Everyday Card, you can reach out through the following official channels:
- Customer Service Phone Number:
Within the U.S.: 1-800-528-4800 (available 24/7)
Outside the U.S.: 1-336-393-1111
- Official Website: Visit American Express Customer Service for a range of services including FAQs, account management, and contact details.
- Mobile App: The American Express Mobile App allows you to manage your account, contact customer service, and access various services. Download it from the App Store for iOS or Google Play Store for Android.
These channels are designed to provide comprehensive support for any inquiries or issues related to the American Express Blue Cash Everyday Card.
