The Blue Cash Everyday® Card from American Express is a good solution for families or individuals who make a lot of daily purchases. It gives shoppers more spending power at grocery stores, department stores and gas stations. It’s also one of the best cash-back rewards cards available.
With a lengthy introductory APR, no annual fee and a good bonus offer and reward rate, the Blue Cash Everyday® Card has lots of perks. However, its cash-back rate isn’t the highest when compared to other cards. Despite this, cardholders will have access to lucrative American Express membership features like travel benefits. This makes the Blue Cash Everyday® Card a great card to use for daily purchases.
The Essentials of the Blue Cash Everyday® Card
- Introductory Offer: 0% APR
- Annual Fee: There is no annual fee.
- Primary Feature: 3% cash back rewards on up to $6,000 in purchases at supermarkets in the U.S., then it drops to 1% cash-back rewards. It also offers 2% for gas stations in the U.S. and 1% for all other purchases.
- Introductory Bonus Offer: Earn $175 in cash-back rewards. Spend $1,500 in eligible purchases within the first 90 days. Then, receive a $175 statement credit.
What’s Interesting about the Blue Cash Everyday® Card
American Express has a J.D. Power customer satisfaction rating of 838 for 2019. Customer service and chat features are available 24 hours a day. Travel benefits include travel accident coverage, extended warranty protection, and roadside assistance. Card benefits also include car rental insurance and purchase protection for up to 120 days.
There are minimal differences between the Blue Cash Everyday® Card and the Blue Cash Preferred Card. However, the Blue Cash Everyday® Card has no annual fee and offers slightly lower cash-back rewards. After the 0% introductory APR on the first 15 months, it switches to a variable APR that’s 14.74% to 25.74%. While the 3% cash-back offer has a $6,000 limit, the 2% and 1% categories don’t have a limit listed.
Additionally, unlike other credit card reward offers, cardholders don’t need to sign up for rotating categories. Other cards offer rewards on specific categories like Amazon and restaurant purchases from October to December. Another example is there are category rewards for PayPal and Home Depot purchases from July to September. With the Blue Cash Everyday® Card, cardholders can benefit from cash-back rewards on gas, shopping and general everyday purchases all year long. Lastly, cardholders have flexibility with cash-back rewards. They can redeem reward dollars as a statement credit, check or gift card.
Things to Consider
A drawback with the Blue Cash Everyday® Card is that cardholders can’t transfer cash-back rewards or combine them with other cards. Additionally, to redeem cash-back rewards, cardholders need a minimum of $25 in cash-back rewards to use the accrued reward money. They also can’t use reward dollars to pay their minimum balance payments. Any reward money credit would go toward the total balance.
Another concern is that cash-back rewards are only for U.S. stores and gas stations, not overseas locations. This can be a deal-breaker for some consumers as it limits the rewards they can benefit from, especially if they travel overseas a great deal. Moreover, the 0% introductory APR offer can end suddenly if the cardholder doesn’t make his or her credit card payment within 60 days.
How to Get the Most from This Card
Cardholders with the Blue Cash Everyday® Card can use it as their go-to card for running errands and for buying groceries and gas. To maximize savings, consider using it with a card like the American Express Cash Magnet® Card. This can raise the cash-back rewards to 1.5% for general purchases.
Another option is to pair the Blue Cash Everyday® Card with the Blue Cash Preferred® Card. It has a $95 annual fee, but it also includes 6% cash-back rewards. To justify the annual fee, shoppers would only need to spend $1,585 in purchases every year at 6% cash back to receive $95 to cover the annual fee.
Other Card Options That Might Interest You
Another alternative to the Blue Cash Everyday® Card is the Capital One Quicksilver Cash Rewards Card. It has a $150 cash bonus and there’s no annual fee. Cardholders only need to make $500 in purchases within the first 90 days, and they can receive 1.5% cash-back rewards on all purchases with no cap. This is a great option for cardholders who don’t think that they’ll be able to make $1,500 in purchases within the first 90 days with the Blue Cash Everyday® Card.
The Bank of America Cash Rewards Card is an additional option that offers a $200 cash bonus. It includes 3% cash-back rewards for up to $2,500 at gas stations and other specified categories. A specified category can include grocery stores and wholesale clubs. The Bank of America Cash Rewards Card also includes 2% cash-back rewards for up to $2,500 at wholesale clubs and grocery stores. It also offers 1% on general purchases, and there is no cap or spending limit.
The Final Word
The Blue Cash Everyday® Card is a great go-to card from American Express. They are a reputable financial services organization with excellent ratings and lucrative membership benefits. The Blue Cash Everyday® Card is ideal for families and shoppers who make a lot of purchases. They can earn rewards when they buy groceries, do their shopping and fill up on gas. With a cash introductory bonus offer and no interest for 15 months, cardholders can quickly rack up points and earn cash-back rewards.
A downside is that the cash-back rate isn’t the highest. However, with American Express card benefits, it’s a sacrifice that cardholders might be willing to make, especially if they travel within the U.S. American Express credit cards include substantial travel benefits and other credit card privileges. This means that for local travel and daily shopping purchases, the Blue Cash Everyday® Card, as the name suggests, is ideal for everyday purchases.