Blue Cash Everyday Card From American Express Review
Snapshot
3.3
Lesser line
Although contempo updates to rival cash back cards have fabricated the Blue Cash Everyday a little less competitive, it still stands high on the list for 24-hour interval-to-day bonus category rewards. Commuters that oft embark on grocery runs may want to upgrade to the Blue Cash Preferred Bill of fare® from American Express, but the Blueish Cash Everyday may exist more upwards your aisle if yous could employ its rare U.South. section store cash back category in addition to no almanac fee.
Best for gas and groceries with no annual fee
Blueish Cash Everyday® Card from American Limited
Regular Apr
xiv.24%-24.24% Variable
Recommended Credit Score
Skillful to Excellent (670 - 850)
Blue Cash Everyday® Bill of fare from American Express Card Overview
Equally far every bit no-almanac-fee cards go, the Blue Cash Everyday® Card from American Express offers strong, yr-round greenbacks dorsum in crucial bonus categories like groceries and gas. Its rewards rate at U.South. supermarkets earns a petty more than than what a flat-rate 2 pct greenbacks back carte could for average spenders* and could be one of the most consistently rewarding options if you don't want to pay an annual fee. All the same, if a higher grocery rewards charge per unit is appealing to you, then there are a few no annual fee options that may offer slightly more than greenbacks back depending on your monthly expenses—such as the Citi Custom Cash℠ Menu or the Capital One SavorOne Greenbacks Rewards Credit Menu.
In addition to solid rewards at U.S. supermarkets and gas stations, the Blue Cash Everyday earns a unique ii per centum back at select U.Southward. department stores similar J.C. Penney, Macy'due south and more. This category makes it an ideal home shopping menu perfect for customers with more than stops on their grocery run than but the supermarket. Combined, these categories go far one of the all-time cards for groceries and all of your general shopping if you're the designated errand driver.
Despite its sound rewards rates and varied bonus categories, the Blueish Cash Everyday carte du jour is not as flexible or competitive as its bigger sibling, the Blue Cash Preferred® Carte du jour from American Express. The upside is that no almanac fee ways the cash back goes direct to you. Notwithstanding, if you lot spend more than $3,170 annually at U.S. supermarkets, you lot'll earn more cash back with the Blue Cash Preferred, plenty to offset its annual fee and outpace the Blue Cash Everyday on the same upkeep.
*Based on the most contempo $4,942 average yearly spending from the Agency of Labor Statistics (BLS).
What are the advantages and disadvantages?
Pros
- No annual fee
- Tiered rewards categories offering iii per centum cash back at U.S. supermarkets (up to $6,000 each year, and then 1%), ii percent cash back at U.S. gas stations and select U.S. department stores and 1 pct cash back on other purchases
- Introductory offering on purchases
- Earn $200 after spending $2,000 within the beginning six months of card membership
Cons
- Wholesale clubs and superstores similar Target and Walmart do not count as U.S. supermarkets
- If y'all pay late or miss a payment, you'll incur a penalty fee of upward to $forty and a higher penalty APR that lasts at to the lowest degree half dozen months (see rates and fees)
- 2.7 pct foreign transaction (run into rates and fees)
A deeper await into the electric current menu offer
Quick highlights
- Rewards rate: 3 percent cash back at U.Southward. supermarkets (up to $6,000 per year, then 1 percent); 2 percent cash dorsum at U.S. gas stations and select U.South. section stores; 1 percent cash back on all other purchases
- Welcome offer: Earn a $200 statement credit after you spend $2,000 in purchases on your new carte du jour within the first six months.
- Almanac fee: $0
- Purchase intro Apr: 0 percent for 15 months (run into rates and fees)
- Balance transfer intro April: North/A (run into rates and fees)
- Regular APR: xiv.24 percent to 24.24 percent (variable)
Current welcome offering
The Bluish Cash Everyday card'due south latest intro bonus offers a $200 statement credit after spending $two,000 in purchases during your kickoff vi months.
A $200 value is par for the course, but considering how steep the spending requirement is, in that location are plenty of no-annual-fee cash back cards that regularly pay out similar welcome offers worth at least $200 for spending merely $500 to $1,000 in half the time frame.
In fact, this offer is a bit enervating even compared to the menu'due south past intro offers. The previous welcome bonus provided upwardly to a $250 value that could be obtained later on spending a total of $2,000 within half dozen months—$100 statement credit later on spending $2,000 on purchases within the kickoff vi months, plus up to another $150 from 20 pct cash dorsum on Amazon.com purchases during that time. Granted, it may take been more than difficult for some cardholders to earn the maximum value from this offering, but the Blue Cash Everyday has besides previously offered the same $200 statement credit as it does at present for half the spending requirement: $i,000 on purchases during the start iii months.
All things considered, the current welcome offer isn't the best value on the market place—or even in the Bluish Cash Everyday card's history—so information technology isn't worth hinging your determination on.
Rewards rate
The Amex Blue Cash Everyday earns cash back with a tiered category structure, meaning it earns rewards on several bonus categories at different rates—assuasive cardholders to fit it into their larger card strategy and maximize their rewards spending.
Many issuers put spending caps on the highest-earning category, often around $ane,500 per quarter before returning to 1 percent rewards. Instead, the Blue Cash Everyday card'southward U.Due south. supermarket category has a yearly $6,000 spending limit earlier earning the lower one percent cash back rate.
This can brand for interesting strategies to save money on groceries if you lot're waiting for seasonal sales, bulk delivery orders or fifty-fifty to pair with other rewards cards.
How you earn
Although they're marketed every bit greenbacks dorsum cards, the American Limited Blue Cash cards earn "Bluish Greenbacks Advantage Dollars," which you can and then redeem for equivalent cash back in the form of a statement credit.
The Amex Blue Cash Everyday card earns 3 percent greenbacks back on purchases at U.S. supermarkets (up to $6,000 annually, then 1 percentage). Yous besides earn unlimited 2 pct cash back at U.Due south. gas stations and select U.Due south. section stores similar Macy'south and J.C. Penney, along with 1 percent dorsum on all other purchases.
Maximizing your rewards with this carte can be tricky compared to more flexible cards, like flat-rate greenbacks dorsum programs. You lot need to understand your stores' four-digit merchant category code and whether they're counted by Amex as U.S. supermarkets. For instance, Kroger and Albertsons stores will earn 3 percent cash back, only Walmart won't since information technology isn't categorized as a supermarket.
How you redeem
Blueish Cash Advantage Dollars you earn can be redeemed for a statement credit or a souvenir carte (rewards residuum must exist at least $25 to redeem). Alternatively, you tin can shop for merchandise with your rewards, but cash back via statement credit is your nearly versatile option.
The Bluish Cash Everyday doesn't offer much diversity when it comes to redemption options, merely it's nothing out of the ordinary as a cash back card.
On the bright side, its simple earning and redemption model means yous won't take to alter your routine or redemption method to maximize your rewards. In fact, you won't fifty-fifty have to connect a bank business relationship because y'all tin can't redeem for a straight deposit or a cheque like some issuers allow. Although this is a downside comparatively, it shouldn't be an consequence for cardholders using the Blue Cash Everyday for most of their month-to-calendar month purchases.
Other cardholder perks
Compared to no annual fee cards on the larger Visa and Mastercard networks, travel cards especially, the Bluish Cash Everyday doesn't come with a host of network perks that continually add a ton of value to the carte du jour. Other no annual fee cards with Visa or Mastercard benefits may come with features like stronger travel and purchase protections or partner merchant credits, but Amex cash back cards' purchase-oriented features don't become above and beyond like Chase cards in its grade practise.
While it does accept access to American Limited Experiences events, Global Assistance Hotline client service and the Pay It Program It characteristic, the Blue Greenbacks Everyday card'due south benefits are pretty sparse outside these standard American Express features. On the bright side, they're handy enough that you may get some mileage out of them. Still, the Bluish Cash Everyday'southward offerings are pretty much on par with what'due south to be expected on a cash back menu with no annual fee, and exceed perks you'd get with competing cash back cards from Bank of America.
Pay Information technology Plan It
Later American Express expanded Pay It Plan It to more than cards, these alternative payment programs have become a staple for Amex cardholders. Rather than add new purchases direct to your balance and accumulate interest, Pay It allows you to immediately pay for small qualifying purchases beneath $100, and Plan It lets you put up to ten purchases over $100 into extended payment plans for a fixed fee.
Of the two Pay Information technology Program It features, Programme It is a bit more useful if you're in a pinch. Just make sure to calculate your Plan It fees ahead of time in case the initial cost of interest is the cheaper route. Fortunately, you can savor $0 intro plan fees on Plan It monthly installment plans for your first 15 months. Later that, you'll accept the normal monthly plan fee of upwardly to 1.33 percent of each purchase corporeality moved into the plan based on its plan duration, the April that would otherwise apply to the buy, and other factors.
Complimentary ShopRunner membership
All U.S. consumer and small business organisation American Express cards receive a costless ShopRunner membership (enrollment required) for equally long every bit it's active. By paying with your card, you receive free two-day shipping and free returns with participating retailers.
Your Blue Cash Everyday card's 2 percent at select U.S. section stores bonus category makes this benefit an fifty-fifty sweeter deal. Retailers including Saks Fifth Avenue, Bloomingdale's and Neiman Marcus are among the listing of select U.S. department stores that yous tin can earn greenbacks back on, so this benefit saves you a trip to the mall.
Purchase and machine rental protections
Unless you take one of American Limited'south co-branded cards, the only shopping and travel protections offered on Amex no-annual-fee cards are these basic perks:
- Purchase protection: If your purchase needs to be repaired or replaced, y'all volition exist reimbursed for up to $1,000 per eligible incident (up to $l,000 per card).
- Car rental loss and harm insurance: By paying with your card and declining the rental agency's coverage, your eligible rental vehicle receives secondary insurance in the event of harm or theft.
These are standard protections to look on a cash back carte du jour with no almanac fee. While some cardholders might shrug off these perks because they're usually available on other cards—and although similar benefits similar extended warranty coverage and return protection would be welcome—these features add to the Blue Cash Everyday'southward value as a shopping card.
How much are the rewards worth?
The Advantage Dollar system the Blueish Cash Everyday card uses substantially works like direct cash back, just with an extra pace to redeem. Whether y'all choose to redeem your rewards for gift cards, argument credits or merchandise, each pick retains the same i:1 value.
Every Rewards Dollar is worth $1. That ways for every dollar yous spend, you'll earn 3 cents back from purchases in your 3 percentage category, 2 cents back from your ii per centum categories and and so on like with most cash back cards.
Rates and fees
One of the Blue Cash Everyday menu'south highlights is that it doesn't charge an annual fee. Once y'all commencement spending with the bill of fare, you won't have to worry about whether or not you'll offset an annual fee with the rewards.
You'll likewise get a chance to keep interest at bay for fifteen months with its introductory 0 percent interest period on purchases. The ongoing April is 14.24 percent to 24.24 percent (variable) later the intro APR expires.
Before yous use, annotation that the Amex Blue Cash Everyday card doesn't currently accept balance transfers. There is also a two.7 percent foreign transaction fee if you were planning to take this card abroad.
Although the strange transaction fee is typical on non-travel cards like this one (unremarkably three percent or even waived), eliminating balance transfers is unusual and may exclude some applicants from switching card issuers.
Bankrate staff feel
Bankrate editor Mariah Ackary has constitute that the Blue Cash Everyday bill of fare tin can be a rewarding option for household shopping—especially with multiple users on the account:
My fellow and I have been living together for a few years, so we have a lot of shared expenses. Later a while, nosotros got sick of constantly requesting each other on Venmo for things like groceries and restaurant bills. He applied for the Blue Greenbacks Everyday and made me an authorized user. That is the card nosotros use for all of those joint purchases, and we carve up the neb evenly each month. The rewards at U.South. supermarkets add up rapidly when you're shopping for ii!
— Mariah Ackary, Editor at Bankrate
How the Amex Blue Cash Everyday compares to other cash back cards
Blue Cash Everyday Card vs. The Amex EveryDay® Credit Menu from American Limited
If you like the idea of earning American Limited Membership Rewards points toward travel but can't justify the almanac fee of one of the issuer's premium travel cards, The Amex EveryDay® Credit Bill of fare from American Limited is a solid alternative for day-to-twenty-four hour period spending.
Compared to the Blue Cash Everyday, the Amex EveryDay is a flake weak unless you programme to transfer your points to Amex travel partners. Amex's rewards redemption calculator shows that points are unremarkably worth up to just 0.vii cents unless you redeem for souvenir cards or travel through American Limited for a 1:1 value. That means even with the Amex EveryDay carte du jour's xx pct extra points (which requires you to utilise your carte du jour xx or more times on purchases during a billing period), you're just getting upwardly to 2.iv cents of advantage value back per dollar with this card when redeeming through Amex.
Finding the correct transfer partner can increase your Membership Rewards points' value up to 2 cents apiece, according to The Points Guy. Unless yous plan to funnel all your points into transfer partners for upwardly to 4.8 cents per dollar back on U.S. supermarket purchases (up to $half-dozen,000 per year, and then 1X points) or American Express Travel portal bookings, the Blue Cash Everyday is likely a stronger rewards bill of fare.
Blue Cash Everyday Card vs. Blue Cash Preferred Carte
The Blueish Greenbacks Everyday card alone provides solid, ongoing cash back in the grocery and gas bonus categories. Just compared to the Blueish Cash Preferred carte, the Everyday card's but redeeming cistron is its 2 pct at select U.Southward. department stores bonus category. Even then, the Blue Cash Preferred card's unlimited six percent streaming service and iii percent transit bonus categories are probable to yield more cash back than the Blue Greenbacks Everyday carte du jour's 2 percent select U.South. department store category.
Based on Bureau of Labor Statistics* and JD Power streaming service survey data, the Bluish Cash Everyday would earn $36 per year from select U.S. section stores (from an estimated $1,800 spend) while the Bluish Cash Preferred would earn a combined $57.84 per year from transit and select U.South. streaming services (on an estimated $800 transit and $564 streaming service spend).
If you decide the annual fee is worth it, the Preferred carte du jour is a much more rewarding opportunity. Across all categories, our boilerplate yearly rewards value model and an estimated $15,900 average yearly spend detect that the Blue Cash Preferred may earn y'all $355 in cash back per year while the Everyday carte du jour would rake in much less on the same budget: $264.
Blue Greenbacks Everyday® Menu from American Express
Apply at present
on American Express'south secure site
Recommended credit
Good to Excellent(670 - 850)
The Amex EveryDay® Credit Card
Intro offer
10,000 Points
Recommended credit
Good to Excellent(670 - 850)
Blue Cash Preferred® Card from American Express
Almanac fee
$0 introductory annual fee for the starting time yr, then $95.
Recommended credit
Practiced to Splendid(670 - 850)
Best cards to pair with the Amex Blue Cash Everyday
Shoppers interested in a premium American Express card volition exist able to brand great use of the Everyday card's 2 pct select U.S. department store cash back category with The Platinum Card® from American Express. Y'all'll earn cash back beyond the Platinum Card's annual Saks Fifth Avenue statement credits (up to $100, enrollment required), plus receive faster shipping from your ShopRunner membership (enrollment required). If you're lucky, yous could also reap bonus Saks 5th Avenue rewards from an Amex Offer.
Naturally, pairing the Blueish Cash Preferred menu with the Blueish Cash Everyday could make a great combination. This pair would heave your U.Due south. supermarket rewards category spending cap to $12,000 per year, plus add unlimited 6 percentage U.S. streaming subscriptions and iii percent transit bonus categories to your arsenal. Some other card that increases your bonus category range would also be an excellent selection. 1 instance is the Capital One SavorOne Greenbacks Rewards Credit Card (which also earns 3 percent at grocery stories if you surpass your U.S. supermarket category limit on the Bluish Cash Everyday card).
A flat-charge per unit greenbacks back menu like the Wells Fargo Agile Cash℠ Card could also come in handy for non-bonus purchases.
Bankrate'southward Take: Is the Amex Blue Cash Everyday worth it?
The Blue Cash Everyday Bill of fare from American Express is an excellent starter menu if you're looking for cash back on common categories such as groceries or gas, or if you don't find the annual fee worth it for the premium Blue Cash Preferred card.
However, the Everyday card isn't particularly unique among other no-annual-fee rewards cards—except for its section shop rewards.
Plus, the bonus category terms may restrict your shopping if the Amex Blue Cash Everyday is your only rewards carte, though pairing information technology with other cards can fill in the gaps.
For rates and fees of the Blue Cash Everyday Carte du jour, please click hither.
For rates and fees of the Blue Cash Preferred Card, please click here.
Eligibility and Do good level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more than details. Underwritten by Amex Assurance Visitor.
All information about the Amex EveryDay Credit Card has been collected independently by Bankrate.com. The issuer did not provide the content, nor is it responsible for its accuracy.
Learn more: Is the Amex Blueish Cash Everyday worth it?
Frequently Asked Questions
Source: https://www.bankrate.com/finance/credit-cards/reviews/blue-cash-everyday-card-from-american-express/
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