American Express has several cash back credit cards with varying rewards rate structures and price points. card_name offers high cash back rates on groceries, gas, and online purchases with no annual fee. Unfortunately, the card’s highest rates come with yearly spending caps. After that, cardholders earn only 1% cash back in those categories. Still, the card is an excellent addition for consumers who want to avoid paying a fee to earn cash back rewards.
Blue Cash Everyday® Card from American Express
Credit score needed
credit_score_needed
Regular APR
reg_apr,reg_apr_type
Bonus rewards full
bonus_miles_full
Pros:
- Bonus cash back rates at U.S. supermarkets, U.S. gas stations, and online retail purchases in the U.S.
- Introductory APR offer on purchases and balance transfers
- No annual fee
Cons:
- Earnings are capped on bonus spending categories
- Low cash back rate on everyday spending
- 2.7% foreign transaction fee
TIME’s Take
card_name is a solid cash back card for everyday use, especially for individuals who spend money each month shopping online, at the grocery store and fuel pump. With bonus rates capped at $6,000 per year in those categories, though, it’s only a good rewards card for those whose spending habits fall under the annual caps or when paired with a complementary everyday spending card.
The card comes with intro_apr_rate,intro_apr_duration for intro_apr_duration and balance_transfer_intro_apr,balance_transfer_intro_duration for balance_transfer_duration_months from account opening (then a variable reg_apr,reg_apr_type APR ), making it an excellent pick for anyone who wants to finance large purchases or existing card debt without expensive interest charges. With a foreign_transaction_fee foreign transaction fee, it’s not a great option for international travelers.
Pros & cons
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Bonus cash back rates at U.S. supermarkets, U.S. gas stations, and online retail purchases in the U.S. |
Earnings are capped on bonus spending categories |
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Introductory APR offer on purchases and balance transfers |
Low cash back rate on everyday spending |
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foreign_transaction_fee foreign transaction fee |
Who is the card for?
card_name is for individuals who want to earn cash back without paying a yearly fee. It’s a great card for consumers who spend money each month on groceries, gas, and online purchases. Cardholders earn 3% cash back at U.S. supermarkets, U.S. gas stations, and online retail purchases in the U.S. (on up to $6,000 in each category per year in purchases, then 1%), and 1% cash back on other purchases.
With only 1% cash back earned on everyday purchases, it’s not the best card for everyday use outside of its primary bonus categories. There are other cash back cards with higher cash back rates to consider.
The card_name features lengthy intro APR offers on purchases and balance transfers. It’s excellent for anyone with big upcoming purchases or who has balances on non-Amex cards to transfer over.
Features
Sign-up bonus
The card_name features a decent sign-up bonus with a generous time frame to meet the offer’s spending requirement. You can bonus_miles_full. Cardholders who meet the offer requirements will receive the $200 bonus as a statement credit.
Elevated bonus categories
The card_name offers bonus cash back in common spending categories you might find in your monthly budget. As a cardholder, you’ll earn:
- 3% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
- 3% cash back on U.S. online retail purchases on up to $6,000 per year in purchases (then 1%).
- 3% cash back at U.S. gas stations on up to $6,000 per year in purchases (then 1%).
- 1% cash back on other purchases.
Cash back comes in the form of Blue Cash Reward Dollars. Unfortunately, you can only redeem Rewards Dollars one way—for statement credits. There’s no minimum redemption amount, and cash back rewards never expire for accounts in good standing.
Introductory APR
New cardholders can finance purchases or transfer over other card balances with the card_name. The card has intro_apr_rate,intro_apr_duration for intro_apr_duration and balance_transfer_intro_apr,balance_transfer_intro_duration for balance_transfer_duration_months from account opening. After that, the card has a regular variable reg_apr,reg_apr_type APR, based on your creditworthiness.
There’s a balance transfer fee of balance_transfer_fees.
The fine print
Interest rates
- Regular APR: reg_apr,reg_apr_type.
- Purchase intro APR: intro_apr_rate,intro_apr_duration for intro_apr_duration.
- Balance transfer intro APR: balance_transfer_intro_apr,balance_transfer_intro_duration for balance_transfer_duration_months.
Fees
- Annual fee: annual_fees.
- Balance transfer fee: balance_transfer_fees.
- Cash advance: cash_advance_fee.
Additional perks
The card_name isn’t known for its impressive card benefits. Still, it offers a few additional card perks to provide additional value for cardholders.
Disney Bundle credit
Cardholders get a $7 monthly statement credit after spending $9.99 or more each month on a subscription to the Disney Bundle using your card as the payment method. If used completely, the total credit is worth $84 annually.
Home Chef credit
The card’s other credit is perfect for anyone who loves to cook at home. Cardholders get up to $15 in statement credits per month with the purchases of a Home Chef subscription using your card_name. The credit offers $180 in total value.
American Express Experiences
You can access exclusive ticket presales and card member-only events through American Express Experiences as a cardholder. Events include sporting events, Broadway shows, concerts, and other experiences.
Car rental insurance
Rent a car using your card_name and decline the rental company’s optional insurance coverage. You’ll receive secondary car rental loss and damage insurance through American Express.
What could be improved?
card_name offers a rather unremarkable 1% cash back on purchases outside of its bonus spending categories and after hitting annual spending caps. If your spending habits vary from month to month, you may find more value in cash back cards that earn higher flat-rate cash back rewards. Also, cash back rewards offer no flexibility, with statement credits as the only redemption option available.
This cash back card is lacking when it comes to benefits. The Disney Bundle and Home Chef credits are valuable if used. Overall, the card’s benefits are “OK”—not great.
Card alternatives
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Bottom line
It may not overflow with benefits—and you may earn higher rates elsewhere for everyday spending—but the card_name is a solid cash back card for anyone who spends considerable money each week or month on groceries, gas, and online shopping. And with no annual fee, there’s no added cost to maximize your cash back earnings.
Blue Cash Everyday® Card from American Express
Credit score needed
credit_score_needed
Regular APR
reg_apr,reg_apr_type
Bonus rewards full
bonus_miles_full
Pros:
- Bonus cash back rates at U.S. supermarkets, U.S. gas stations, and online retail purchases in the U.S.
- Introductory APR offer on purchases and balance transfers
- No annual fee
Cons:
- Earnings are capped on bonus spending categories
- Low cash back rate on everyday spending
- 2.7% foreign transaction fee
Frequently asked questions (FAQs)
How do I get approved for card_name?
American Express doesn’t disclose its credit requirements. Generally, rewards cards require at least good to excellent credit and meet any other card issuer requirements. A good credit score is considered a FICO score of 670 and above.
How does cash back work on the card_name?
Cardholders earn cash back on every dollar spent using the card_name. The amount of cash back you earn is a percentage of your purchase based on the spending category. Rewards come in the form of Blue Cash Reward Dollars, redeemable for statement credits.
What’s the difference between card_name?
The card_name and the card_name both earn cash back on card purchases but have different reward structures. card_name offers higher cash back rates, earning 6% cash back at U.S. supermarkets (on up to $6,000 per year, then 1%) and on select U.S. streaming services, 3% back on transit and at U.S. gas stations and 1% on other purchases. The card_name has no annual fee, while card_name has a annual_fees. They offer different sign-up bonuses, too. With the card_name, you’ll bonus_miles_full. With card_name, you’ll bonus_miles_full.