The American Express Blue Cash Everyday Card is a decent choice for those looking to earn rewards without paying an annual fee and who typically spends a good chunk of their household budget at supermarkets, department stores and gas stations in the U.S.
Amex EveryDay also offers rewards on up to $6,000 spent at U.S. supermarkets each year but provides a lower earning rate: 2 points per $1. That rate also applies to eligible purchases made on amextravel.com. ... But all things considered, Blue Cash Everyday wins this category, thanks to its higher earning rates.
Here's what we know about Blue Cash Everyday credit scores:
Blue Cash Everyday requires a good or excellent credit score for approval. To have good approval odds for Amex Blue Cash Everyday, a credit score of 700+ is needed.
Editorial and user-generated content is not provided, reviewed or endorsed by any company. The Amex Blue Cash Preferred credit limit is $1,000 to nearly $30,000, according to reports from Blue Cash Preferred cardholders online.
The annual fee is $0. Does the Amex Blue Cash Everyday have a bonus offer for new cardholders? Yes. The welcome offer for new cardholders is: Earn $200 back after you spend $1,000 in purchases on your new Card within the first 3 months.
Objectively, the Blue Cash Preferred is definitely the superior card of the two. But the Blue Cash Everyday does have three benefits the Blue Cash Preferred does not: 2% back at U.S. department stores, an introductory APR offer for the first 15 months, and no annual fee (see rates and fees).
The American Express Blue Cash Everyday Card is a good credit card for people with a 700+ credit score. Amex Blue Cash Everyday is especially worthwhile for applicants who want a $0 annual fee and bonus rewards on groceries, gas and select department store purchases.
If you don't want to pay the higher $95 annual fee, you can cancel your card. Or ask American Express to downgrade the card to the AMEX Blue Cash Everyday card. It does NOT have an annual fee.
The Blue Cash Everyday Card from Amex is a cash-back credit card. As such, the redemption process is relatively straightforward. Specifically, you earn cash-back rewards in the form of Blue Cash reward dollars. And you can redeem reward dollars for statement credits whenever your reward dollars balance is $25 or more.
Centurion® Card from American Express
Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
On Amex cards for good credit, people seem to report starting with limits of $1,000-$5,000 most often. But you should take any of these numbers with a grain of salt. Just because someone with a similar credit score or income got a certain limit, it doesn't mean you will, too.
Yet No Comments