The American Express Blue Cash Everyday Card is a good credit card for people with a 700+ credit score. Amex Blue Cash Everyday is especially worthwhile for applicants who want a
$0 annual fee and bonus rewards on U.S. supermarket, U.S. gas station and U.S. online retail purchases. The Blue Cash Everyday Card also offers 0% introductory APRs and a $
200 statement credit for spending
$2,000 in the first
6 months.
Blue Cash Everyday Review Highlights
1. Earn a $200 initial bonus
The Blue Cash Everyday Card offers a $
200 statement credit for spending at least
$2,000 in the first
6 months. This isn’t the biggest bonus you can find. But it’s certainly not bad, either.
2. 0% intro APR for big-ticket purchases
Blue Cash Everyday offers a 0% intro rate on new purchases for the first
15 months.
If you decide to take advantage of Blue Cash Everyday’s 0% APR, make sure to pay off your balance before the card’s regular APR -
19.24% - 29.99% (V) - takes effect.
3. 0% intro APR for balance transfers
The Blue Cash Everyday card also offers an intro APR of
0% for 15 months on balance transfers made within 60 days of opening an account. For context, the average 0% balance transfer credit card offer is interest-free for
13 months. You should consider the
3% (min $5) balance transfer fee before doing a balance transfer, though.
4. $0 annual fee
The Blue Cash Everyday Amex does not charge an annual fee. So as long as you pay your bill on time and in full each month, you can completely avoid having to pay anything extra.
5. Rewards are best for U.S. supermarkets, U.S. online retail purchases and U.S. gas stations
Amex Blue Cash Everyday gives you 3% cash back on purchases from U.S. supermarkets and U.S. gas stations, up to $6,000 annually in each of these categories. You also get 3% cash back on U.S. online retail purchases (up to $6,000 per year, then 1%).
All other eligible purchases earn you 1% back, slightly below the market average for a rewards card, according to WalletHub’s latest
Credit Card Landscape Report. So the more you spend in those bonus categories, the better Blue Cash Everyday will be. It’s also worth noting that the cash back is technically received in the form of “reward dollars” that can be redeemed for statement credits or at Amazon.com checkout. That doesn’t impact anything value-wise, though.
6. APR of 19.24% to 29.99% (V)
The Amex Blue Cash APR is
19.24% to 29.99% (V), which means all new applicants will be assigned a rate from this range based on their overall creditworthiness. For comparison, the average APR among new credit card offers is currently
22.9%.
7. Good credit required
You need at least
good credit to get approved for the American Express Blue Cash Everyday Credit Card, so make sure to
check your credit score for free on WalletHub before applying.