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Blue Cash Everyday Card from American Express Review

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

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The Blue Cash Everyday® Card from American Express offers 1% to 3% cash back on popular categories. Earn a $200 welcome bonus in the form of a statement credit after spending $2,000 in purchases in the first six months of card membership. 

New cardholders also get 0% introductory APR on purchases for 15 months from the date of account opening, making this the perfect card for holiday gift purchases or treating yourself to something nice. After the intro period ends, pay 15.49%-25.49% Variable APR based on your credit history. Many cards that offer more than 2% cash back charge an annual fee, but this card has no annual fee! 

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.  Terms and Conditions apply to the features of this card. 

Smart Features

$200 Statement Credit – After spending $2,000 on purchases in the first 6 months of cardmembership, earn $200 welcome bonus in the form of a statement credit. 

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.

Shoprunner – Get free 2-day shipping on qualifying purchases from more than 100 online stores and over 1,000 brands with complementary Shoprunner membership. Enrollment is required. 

No Interest on Purchases 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. After the introductory rate for the first 15 months, your APR will be 15.49%-25.49% Variable, depending on creditworthiness 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.

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.

Receive 0% APR on purchases for the first 15 months. Then pay 15.49%-25.49% 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.

$200 bonus cash back after spending $2,000 must be earned within six 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. 

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 15.49%-25.49% Variable will apply, based on your credit worthiness. 

APR for Balance Transfers   

Balance Transfers are not available at this time. 

APR for Cash Advances   

26.74% 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: Balance Transfers are not available at this time.

  • Cash Advance: Either $10 or 5% of the amount of each cash advance, whichever is greater.

  • Foreign Purchase Transaction: 2.7% of each transaction after conversion to US dollars.

Penalty Fees    

  • Late Payment: Up to $40

  • Returned Payment: Up to $40

Final Analysis

With the ability to earn a welcome bonus and 0% APR for 15 months on purchases, 15.49%-25.49% 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, the Blue Cash Everyday® Card from American Express 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. Terms and Conditions apply to the features of this card. 

Next Steps

  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors that serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • Saving money is easier said than done, but having a high-yield savings account is a great start. To see what's available today, take a look at our overview of the top savings accounts.

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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.