Loading
Tap on the profile icon to edit
your financial details.
We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone and have not been provided, reviewed or otherwise endorsed by our advertising partners. Please visit our Advertiser Disclosure for more information and to view our partners.

Blue Cash Everyday® Card from American Express Review

Your Details Done
Updated
Blue Cash Everyday® Card from American Express

The American Express Blue Cash Everyday® – Earn 3% Cash Back Where You Shop Most

The Blue Cash Everyday® Card from American Express offers 1% to 3% cash back on popular categories. Plus, earn a $150 statement credit after spending $1,000 in purchases in the first three months of card membership.  If you spend around $500 per month, you can earn $180 in cash back every year going forward without spending a cent on annual fees.

New cardholders also get 0% introductory APR on purchases and balance transfers for 15 months making this the perfect card for holiday gift purchases or treating yourself to something nice. After the intro period ends, pay 14.99% - 25.99% Variable APR based on your credit history.

As long as you have the card, enjoy 3% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%), 2% cash back at U.S. gas stations and select U.S. department stores, and 1% cash back everywhere else.  Many cards that offer more than 2% cash back charge an annual fee, but this card is annual fee free!

Smart Features

$150 Bonus Cash Back – After spending $1,000 on purchases in the first 3 months of cardmembership, earn $150 cash back. Redeem cash back as a statement credit to lower your balance and future payments.

Up to 3% Cash Back – Earn 3% cash back up to $6,000 in purchases per year at U.S. supermarkets – then earn 1% cash back for the rest of the year. Earn 2% cash back at U.S. gas stations and select U.S. department stores. Earn 1% cash back everywhere else. If you spend a modest $500 each month, you can earn $180 in cash back each year. That is huge cash back in your pocket with no annual fee.

Shoprunner – Get free 2-day shipping on qualifying purchases from more than 140 online stores and over 1,000 brands with complementary Shoprunner membership. Participating brands include Toys R Us, eBags, Reebok, Eddie Bauer, Kate Spade, Neiman Marcus, Newegg, Staples, Under Armour, Timberland, Lord & Taylor, Cole Haan, and many more. Membership normally costs $79 per year, but with this card you get it absolutely free.

Payment Flexibility – Some American Express cards require you to pay your balance in full each month. This credit card gives you the option to pay your balance in full without interest charges. Alternatively, you can carry a balance with interest.

No Interest on Purchases and Balance Transfers for 15 months – Make purchases with 0% interest for the first 15 months after opening a new account. This is perfect for holiday shopping or treating yourself to something special interest free. Get 0% intro APR on balance transfers for 15 months, if requested within 60 days of account opening. After the introductory rate for the first 15 months, your APR will be 14.99% - 25.99% Variable, depending on credit-worthiness and will vary based upon the prime rate.  

Authorized Users – Add family or friends to your account with additional cards at no extra charge. Earn even more cash back when your partner or kids go to a supermarket in the U.S., restaurants, or anywhere else with no fee for additional cards.

Car Rental Loss and Damage Insurance – Skip paying for additional rental car insurance when you pay for the entire rental with this card. If your rental car is stolen or damaged, you are off the hook! Some exclusions, vehicle types, and countries are not eligible.

Global Assist Hotline – If you are on vacation or business travel more than 100 miles from home you can call for medical, legal, financial, and other emergency assistance 24/7. Accidents, lost luggage, lost passports, and stolen wallets can happen. With Global Assist standing by, you can travel without worrying.

Roadside Assistance – When traveling in the United States or Canada, including Puerto Rico and the US Virgin Islands, make a quick call to American Express for roadside assistance. Get emergency towing, flat tire, and battery jumps if you get stranded on the side of the road. Some vehicles and roads are excluded and you may be responsible.

How it Works

Earning 1% to 3% cash back on everyday purchases is automatic with the Blue Cash Everyday® Card from American Express. Just use your card for purchases everywhere Amex cards are accepted and you will see cash back rewards on your monthly statement.

Cash back rewards are redeemed as statement credits. That means you don’t have to deal with depositing a check or entering bank account information for a transfer. If you have a balance of $300 and $200 in cash back rewards waiting for redemption, you can redeem your cash back and only owe $100 to pay off your balance completely.

Receive 0% APR on purchases and balance transfers for the first 15 months. Balance transfers must be completed in the first 60 days.  Then pay 14.99% - 25.99% Variable rate interest based on your credit history.

What’s the Catch

3% cash back at U.S. supermarkets is limited to the first $6,000 in purchases per year. That is equal to $180 in cash back rewards. After $6,000 in purchases, continue to earn 1%. 3% cash back at supermarkets, 2% cash back at gas stations and select department stores is limited to purchases in the United States and does not apply when traveling abroad.

$150 bonus cash back after spending $1,000 must be earned within three months of opening a new account. After that time period ends, you forfeit the opportunity to earn new account bonus cash back.

Just the Math Please

Rewards

Your cash back rewards from the Blue Cash Everyday® Card are not limited. How much you earn is dependent on how much you spend. 

Balance Transfers

The Blue Cash Everyday® Card from American Express is a fantastic option if you're looking to complete a balance transfer sometime in the near future. As long as you do so within the first 60 days of your account's life, you'll be afforded a 0% introductory APR for 15 months -- one of the best offers you'll come across.

Interest Rates and Interest Charges

Annual percentage Rate (APR) for Purchases    

0% introductory APR on purchases for the first 15 months. After that, an APR of 14.99% - 25.99% Variable will apply, based on your credit-worthiness. 

APR for Balance Transfers   

Pay 0% APR on balance transfers for the first 15 months. To qualify, balance transfers must be requested within 60 days of opening an account. After that, your APR will be 14.99% - 25.99% Variable, based on your credit-worthiness.  

APR for Cash Advances   

27.24% Variable

Penalty APR and When it Applies

29.99% Variable.  

This APR may be applied to your account if you:

  1. Make one or more late payments or 
  2. Make a payment that is returned.

How Long Will the Penalty APR Apply?

If your APRs are increased for either of these reasons, the Penalty APR will continue to apply until you make all payments on time during a six-month review period. The review period is determined by American Express.

How to Avoid Paying Interest on Purchases  

Your due date is at least 25 days after the close of each billing period. American Express will not charge you any interest on purchases if you pay your entire balance by the due date each month. 

Fees

Annual Fee 

$0

Transaction Fees    

  • Balance Transfer: Either $5 or 3% of the amount of each transfer, whichever is greater. 

  • Cash Advance: Either $5 or 3% of the amount of each cash advance, whichever is greater.

  • Foreign Purchase Transaction: 2.7% of each purchase transaction in U.S. dollars.

Penalty Fees    

  • Late Payment: Up to $38

  • Returned Payment: Up to $38

See all Rates and Fees

Final Analysis

With a big cash back signup bonus and 0% APR for 15 months on purchases and balance transfers, 14.99% - 25.99% Variable APR after, this card is an incredible deal. Considering that the card has no annual fee, there is no harm in keeping it in your wallet for many years to come.

Because the card’s 3% cash back rate is limited to $6,000 in U.S. supermarket purchases per year and 2%-3% rewards are only good in the United States, this card is best for use at home and traveling within the country. The foreign transaction fee also makes this card less of a draw for frequent international travelers.

Overall, this card is a great option and one of the best cash back cards with no annual fee on the market today. It is popular with good reason and is a great choice for your everyday purchases.

 

 

 

Editorial Note: This content is not provided by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by the issuer.

Advertiser Disclosure: The card offers that appear on this site are from companies from which SmartAsset.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). SmartAsset.com does not include all card companies or all card offers available in the marketplace.