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Blue Cash Everyday Card from American Express Review

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How Does the Blue Cash Everyday Card from American Express Compare With Other Cash Back Cards?

Blue Cash Everyday Card from American Express vs. the Blue Cash Preferred Card from American Express
The Blue Cash Everyday Card from American Express offers a high rewards rate on U.S. supermarket purchases and a solid sign-up bonus without charging an annual fee.

The Blue Cash Preferred Card from American Express offers more than $400 in annual rewards value. It has a long introductory APR on purchases. It’s a good choice if you’re looking for everyday rewards and want to save on interest.

The Blue Cash Everyday Card from American Express is great if you shop at supermarkets a lot or want to finance a large purchase with its 0% APR introductory offer. It also has no annual fee and decent travel benefits.

The Chase Sapphire Preferred Card also offers great potential for rewards in the first year, and it allows you to transfer points for their full value to travel partners. If you want a flexible travel rewards card, the Chase Sapphire Preferred Card can provide value.

Earning Rewards With the Blue Cash Everyday Card from American Express

  • Approximate annual rewards value: $292
  • First-year bonus cash back value: $200
  • First-year rewards value: $542

The card’s rewards structure is fairly complex, with various bonus categories and a cap on one tier. But spending in a lot of those areas could pay off.

Supermarket Rewards
The Blue Cash Everyday Card from American Express offers 3% cash back on the first $6,000 you spend each year at U.S. supermarkets, then 1% cash back.

Also, note that any purchase at a U.S. supermarket, including gift cards for other retailers or restaurants, counts toward this bonus category. Superstores and warehouse clubs are not considered supermarkets.

Other Rewards
The card also provides 2% cash back at U.S. gas stations and select U.S. department stores. Card users receive 1% cash back on other purchases. Superstores, supermarkets and warehouse clubs that sell gasoline are not considered gas stations.

The card doesn’t charge an annual fee. But pay your balance in full each month when the 0% APR ends to avoid interest charges eating into your rewards value.

Based on average spending data from the U.S. Bureau of Labor Statistics, Blue Cash Everyday Card from American Express cardholders can earn an estimated $292 each year.

Expenditure Annual cost Cash back earning rate Annual cash back earned
Groceries $4,400 3% on the first $6,000 annually, then 1% $132
Dining $3,400 1% $34
Apparel and services $1,800 1% $18
Flights and hotels $1,000 1% $10
Gas $2,000 2% $40
Entertainment $3,000 1% $30
Personal care products and services $800 1% $8
All other expenditures $2,000 1% $20
Total annual cash back $292
Bonus cash back $200
Total first-year value $542

Values for each spending category are based on average data from the 2017 U.S. Bureau of Labor Statistics’ Consumer Expenditure Survey. Each category is rounded to the nearest $100.

As a new card user, you can spark your rewards earnings with a $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. But have a plan to spend this amount before this period ends. You can earn rewards quicker by adding additional cards to your account for family or friends to use since their purchases count toward rewards just the same as yours.

How to Redeem Rewards

The Blue Cash Everyday Card from American Express allows you to redeem rewards in three ways: as statement credits, gift cards or merchandise. This can be limiting compared with other cash back credit cards that let you get cash as a direct deposit or a check. Also, you need at least $25 in rewards dollars to redeem them, and you can’t use rewards to make your minimum payment.

The card also gives you access to ticket presales and cardholder-exclusive events, including Broadway shows, concert tours and sporting events.

APR

The card offers an introductory 0% APR on purchases, then an APR of 13.99% – 23.99% Variable. Once the promotion ends, the card’s APR is above average among cash back credit cards, according to U.S. News research.

On larger purchases, you could save money using a feature called Pay It Plan It. This allows you to pay for certain purchases over time with a fixed monthly fee.

Annual Fee

Although the Blue Cash Everyday Card from American Express doesn’t charge an annual fee, consumers may find more value in its sister card, Blue Cash Preferred Card from American Express.

Blue Cash Everyday Card from American Express Foreign Transaction Fee

Every purchase outside the U.S. incurs a 2.7% foreign transaction fee. The charge is calculated as an additional fee on top of each transaction after conversion to U.S. dollars.

Should You Get Blue Cash Everyday Card from American Express

  • Spend a lot at U.S. supermarkets
  • Want to avoid an annual fee
  • Need a promotional 0% APR on purchases

For rates and fees of the Blue Cash Everyday Card from American Express, please click here

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