- Editor Rating
- AmEx Blue Cash Everyday Bonus
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- Bonus ValueEditor: 85%
- Card BenefitsEditor: 85%
- 1 Blue Cash Everyday $150/$200 Bonus
- 2 Pros And Cons Of The Blue Cash Everyday
- 3 Bottom Line
- 4 What’s The Competition?
The American Express Blue Cash Everyday Card is a great choice for those who regularly spend on gas and groceries. It offers good rates of cash back that are between 1-3% on purchases.
There is no annual fee for this card which gives it the edge over some of the other cash back cards. Its big brother, the AmEx Blue Cash Preferred Card, is one such example that costs members $95 per year.
The range of rewards across everyday purchases is fairly adequate, and although there are higher paying cash back credit cards out there, lot’s of them will charge annual fees or use complicated rotating rewards categories in order to unlock these elevated rates. If you want a credit card with no annual fee that you get a good rate of cash back from, without any complicated cash back terms or changing offers, the American Express Blue Cash Everyday card could be a solid solution.
|Bonus available||$150 – $200 (depends on market and method of offer discovery)|
|Ongoing rewards||3% back at U.S. supermarkets on up to $6,000 spent per year (then 1%)
2% back at U.S. gas stations and select U.S. department stores
1% back on all other purchases
|Foreign transaction fees?||Yes, 2.7% per transaction|
|Credit Needed||Good/Excellent credit|
Blue Cash Everyday $150/$200 Bonus
The offer that appears for you will depend on your particular market and how you access the Blue Cash Everyday Card application page. I’ve seen the $200 offer when accessing the card details page after visiting the American Express site directly. During the same time period, I would see a $150 bonus offer when the accessing card details page through the American Express Google ad and via various review websites. This seems to be the case with many of the bonus offers provided by American Express, so I always recommend visiting the American Express website directly and doing a search for the card on their website.
The offer requirements were the same, where you’ll need to spend $1,000 in purchases on your new Card in your first 3 months. $1,000 in purchases is pretty manageable, but below are some ideas to help meet the requirement.
Pros And Cons Of The Blue Cash Everyday
New Customer Offer
The bonus offer mentioned above is a great incentive for considering the Blue Cash Everyday Card. This bonus stays competitive with most other no annual fee cash back credit cards.
Remember, always go directly to the American Express website to check for the best cash back bonus offer. Often, especially with American Express, there will be limited time offers for a higher cash back bonus. For the Blue Cash Everyday card in particular, there have been offers for $100 to $250 in bonus cash.
The APR for balance transfers and purchases is fixed at 0% for the first 15 months. If you are carrying over a balance, then having a 0% interest rate is a great way to help you pay less interest while you clear off your debt. Keep in mind, balance transfer fees will apply. After the promotional period is complete, a variable APR rate will apply.
Cash Back Offering
3% cash back at US Supermarkets for a total spend of up to $6,000 annually. This is a good amount of cash back to get on your everyday supermarket shopping. AmEx doesn’t particularly care what you buy, as long as you buy this in an accepted US supermarket. Beware, wholesalers such as Sam’s Club, Costco, Wal-Mart, and Target are not counted as eligible supermarkets. After the $6,000 threshold is reached, the cash back you can earn reverts to 1%.
2% cash back at US gas stations and select department stores. Unlike many other cash back credit cards which offer just a meager 1%, the AmEx Blue Cash Everyday card gives you a good rate of cash back for gas expenses. They are also adding more department stores all the time to their list of accepted stores that already includes popular merchants such as Bloomingdale’s, Bealls, Nordstrom, Kohls, Macy’s, and Sears. There is also no limit on the amount of cash back you can earn for this perk, although there are a few stipulations that you need to be aware of. For example, cash back cannot be earned at US gas stations that are part of supermarkets or superstores.
1% cash back on all other retail purchases. Any spending outside of the 2-3% cash back rewards categories will earn the standard 1%.
Easy Online Access.
AmEx makes it easy for their customers to manage their account and keep track of any cash back earned with their Cash back Tracker. You can access your account online via a web browser or through their mobile app which is available for both Android and Apple devices.
Other Account Benefits.
AmEx being the huge global entity that it is, offers a wide range of other benefits just for being a member of the AmEx family. These include a free Shoprunner membership (free 2-day shipping available with many online retailers), Roadside Assistance, Global Assist Hotline, early access to tickets through Entertainment Access, Return Protection on all eligible purchases that are paid for in full with your AmEx card, along with a Travel Booking guarantee when you use their team to book travel.
Cash Back Rates Offered VS Annual Fee Cards
When you view the AmEx Blue Cash Everyday alongside other AmEx cash back cards, the cash back rates can look low in comparison. For an annual fee of $95 with the AmEx Blue Cash Preferred card, you then unlock a higher rate of 6% in US Supermarkets, 3% at Gas Stations and specific Department Stores. For some, the initial annual fee could well be worth the investment, depending upon how much you believe you will spend on your card over the year.
There are other cash back cards which offer a flat rate of cash back across all retail spending, without limitation, which also come without an annual fee. One of these options could be better suited to your individual shopping habits. One example is the Citi Double Cash Card, which has no annual fee, and no limitations as to where your shopping is done. Another is the Capital One Quicksilver card, which has no annual fee and earns 1.5% on all purchases regardless of category.
I’ll give you one example to show you how easy it is to work out if the annual card is worth the upfront investment. If you spend $10,000 in US Supermarkets with the AmEx Blue Cash Everyday Card, you will earn $220 in cash back ($180 at 3% for the first $6k and $40 at 1% for the remaining $4k). If you spend the same amount with the AmEx Blue Cash Preferred card, you will earn $400 in cash back ($360 at 6% for the first $6k and $40 at 1% for the remaining $4k). In this example, the Blue Cash Preferred card is the appropriate choice despite it’s annual fee. Spending around $3,180 yearly/$61 weekly in the US Supermarkets category will cancel out the annual fee when comparing these two cards.
Lower Acceptance In Stores
AmEx cards are not as widely accepted in stores as Discover, Visa, and Mastercard. It is always a good idea to carry a backup card to any American Express card.
If you are considering taking this AmEx card abroad to use on international purchases, you might want to reconsider this as they charge a 2.7% transaction fee on purchases made outside the United States. There are many credit card options, such as the Capital One Quicksilver and Barclaycard Arrival Plus, that carry no foreign transaction fees whatsoever.
The AmEx Blue Cash Everyday Card offers a good rate of cash back on everyday items and throughout a large number of popular stores. If you spend a moderate amount on such items or you do not want to pay an annual fee for your cash back card, this offers a great choice with some really valuable added AmEx account benefits.
I would suggest you work out roughly what your monthly spend on groceries and gas would be; this will then allow you to make a better decision on whether the Blue Cash Preferred Card would give you a better cash back return over the year.
Their introductory bonus offers are very popular, having a $100 to $250 bonus for meeting the minimum spending within your first three months is a great incentive to use the card. Their attractive 0% interest rate on Purchases and Balance Transfers for the first year might also be a good reason for you to consider this card.
Another great benefit is that there are no rotating rewards to have to contend with. You know where you stand with your cash back, where it can be earned and at what rate.
What’s The Competition?
For a good card bonus offer and an ongoing rewards rate of 2% on all purchases, consider the Barclaycard Arrival Plus (has an annual fee). Good no annual fee cash back competitors include the Capital One Quicksilver (has a bonus offer) and the Citi Double Cash (usually doesn’t have a bonus).