Get an in-depth review of the Blue Cash Everyday Card from American Express (BCE). Learn about its rewards program, benefits, fees, and more to decide
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Blue Cash Everyday Card
Read through this blog post and know the complete information
Application Link
The Blue Cash Everyday Card from American Express (BCE) can be applied for through the American Express website or through a referral link from someone who already has the card.
Benefits
The Blue Cash Everyday Card offers several benefits, including:
Cashback rewards: Cardholders can earn 3% cashback at US supermarkets (on up to $6,000 per year in purchases, then 1%), 2% cashback at US gas stations and select US department stores, and 1% cashback on all other purchases.
Introductory offer: New cardholders can earn a $200 statement credit after spending $1,000 on purchases within the first 3 months of card membership.
No annual fee: The card has no annual fee, making it a great option for those who want to earn rewards without paying for the privilege.
Car rental loss and damage insurance: The card offers car rental loss and damage insurance when you use the card to pay for the rental.
Disadvantages
There are also some potential downsides to the Blue Cash Everyday Card, including:
Limited bonus categories: While the card does offer cashback rewards on supermarket, gas, and select department store purchases, it doesn’t offer rewards on other categories like travel or dining.
Foreign transaction fees: The card charges a foreign transaction fee of 2.7%, making it a poor choice for international travel.
Cashback redemption: Cashback rewards can only be redeemed as a statement credit, which may not be as flexible as other redemption options.
Recommended Application Time
American Express typically allows consumers to apply for their credit cards once every 90 days. It’s generally recommended to wait at least 90 days between applications, though some people have reported success applying for multiple American Express cards on the same day. Additionally, it’s best to apply for the Blue Cash Everyday Card when you have good to excellent credit, as this will increase your chances of approval.
Summary
The Blue Cash Everyday Card from American Express is a solid cashback credit card option, particularly for those who spend a lot on groceries and gas. While it does have some limitations, such as a lack of rewards categories and foreign transaction fees, the introductory offer and lack of an annual fee make it a good choice for many consumers.
Related Credit Cards
The Blue Cash Preferred Card from American Express offers higher rewards rates, but comes with a $95 annual fee. The Amex EveryDay Credit Card offers similar rewards rates to the Blue Cash Everyday Card, but offers additional bonus points when you make a certain number of purchases each month.
Recommended Downgrade Options
If you find that the Blue Cash Everyday Card no longer meets your needs, American Express offers several downgrade options. You may be able to downgrade to the no-fee Amex EveryDay Credit Card or the Amex EveryDay Preferred Credit Card, which comes with a $95 annual fee but offers higher rewards rates.
After Applying
After applying for the Blue Cash Everyday Card, it’s important to monitor your account regularly to ensure that your cashback rewards are being correctly credited. You may also want to set up automatic payments to avoid missing a payment and incurring fees or interest charges.
Historical Offers Chart
Historical offers for the Blue Cash Everyday Card include a $250 statement credit after spending $1,000 in the first 3 months (offered in early 2021) and a $150 statement credit after spending $1,000 in the first 3 months (offered in mid-2020). However, offers can change frequently, so it’s always a good idea to check the current offer before applying.
FAQ
How do I earn cashback rewards with the Blue Cash Everyday Card?
Cardholders can earn 3% cashback at US supermarkets (on up to $6,000 per year in purchases, then 1%), 2% cashback at US gas stations and select US department stores, and 1% cashback on all other purchases.
What is the introductory offer for the Blue Cash Everyday Card?
New cardholders can earn a $200 statement credit after spending $1,000 on purchases within the first 3 months of card membership.
Is there an annual fee for the Blue Cash Everyday Card?
No, the Blue Cash Everyday Card does not have an annual fee.
Does the Blue Cash Everyday Card have foreign transaction fees?
Yes, the card charges a foreign transaction fee of 2.7%.
Can I downgrade from the Blue Cash Everyday Card to a different American Express card?
Yes, American Express offers several downgrade options. You may be able to downgrade to the no-fee Amex EveryDay Credit Card or the Amex EveryDay Preferred Credit Card, which comes with a $95 annual fee but offers higher rewards rates.
How can I redeem my cashback rewards from the Blue Cash Everyday Card?
Cashback rewards can only be redeemed as a statement credit, which will be applied to your account balance. You can redeem your rewards by logging into your American Express account online or through the Amex mobile app.
What credit score do I need to be approved for the Blue Cash Everyday Card?
While there is no minimum credit score requirement, it’s generally recommended to have good to excellent credit (a FICO score of 670 or higher) to increase your chances of approval.
Are there any restrictions on the cashback rewards I can earn with the Blue Cash Everyday Card?
Yes, there is a limit of $6,000 per year in purchases at US supermarkets that qualify for the 3% cashback rate. After that, the cashback rate drops to 1%. Additionally, certain superstores, wholesale clubs, and specialty stores may not qualify for the supermarket cashback rate.
