Reviews

AmEx Blue Cash Everyday Card Review: Maximize Rewards with No Annual Fee

Earn 3% back on essentials, plus $200 bonus and 0% APR, all with no annual fee.

Rickie C. Keys, Ph.D., MPH

Mar 22, 2024 — 1 min read

Features

Annual Fee: $0, ensuring cost savings over time.
Rewards Rate: Earn 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%.
Sign-up Bonus: A $200 statement credit after spending $2,000 within the first 6 months.
Intro APR: 0% on purchases and balance transfers for 15 months, transitioning to a variable APR of 19.24%-29.99% afterward.
Recommended Credit Score: 690-850 (Good to Excellent), ensuring the card is targeted towards users with a solid credit history.

Benefits

High Cash Back Rates: This is especially beneficial for regular spending at supermarkets, gas stations, and online, making everyday purchases more rewarding.
Introductory Offers: The sign-up bonus and introductory APR period are substantial incentives for new cardholders.
Additional Rewards: Opportunities to earn statement credits with select subscriptions like Disney Bundle and Home Chef, enhancing the card's value.
Flexible Redemption Options: Cash back is received as Reward Dollars that can be redeemed in various ways, including as a statement credit or at Amazon.com checkout.

Drawbacks

Requires Good/Excellent Credit: The card demands higher credit scores, which may limit accessibility for some applicants.
Spending Caps on Bonus Rewards: The annual spending cap on bonus categories can limit the earning potential for those who spend heavily in those areas.

Product Summary

The AmEx Blue Cash Everyday Card offers a compelling mix of rewards and benefits for a $0 annual fee, making it an attractive choice for individuals who spend heavily on groceries, gas, and online shopping. Its 3% cash-back rate in key spending categories, combined with the introductory offers of a sign-up bonus and 0% APR period, provides significant value. While there are caps on the amount of cash back earned at a higher rate, these limits are reasonable for many users. Additionally, the card includes valuable perks, such as statement credits for select subscriptions, enhancing its overall appeal. This card is ideal for those looking for a straightforward rewards structure without an annual fee, offering simplicity and savings on everyday purchases.

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