It’s easy to fall in love with certain rewards credit cards, whether people like to use them to maximize rewards, whether they’re excited to redeem their points, miles, or cash back rewards, or really enjoying the benefits. cardholder benefits they receive. The American Express Blue Cash EverydayÂ® card is one of those cards that is truly irresistible to certain types of users. With bonus rewards in multiple daily spend categories and a sizable introductory APR offer on purchases, what’s not to love?
To find out why the Amex Blue Cash Everyday is so popular with consumers, we interviewed a loyal user of this card, Forrest McCall, founder of Don’t Work Another Day. If you’ve been considering this card and wondering why people love it, you’ve come to the right place.
Generous rewards in daily expense categories
McCall says his favorite Amex Blue Cash Everyday benefit comes in the form of varying reward rates in some of the categories he spends the most.
âI take advantage of the Amex Blue Cash Everyday card for grocery and gasoline purchases mainly because of the higher reward rate,â he says.
This point makes sense given that the Amex Blue Cash Everyday is offering 3% cashback on up to $ 6,000 spent at U.S. supermarkets each year (then 1% cashback), 2% cashback at U.S. gas stations. and some US department stores and 1% off other purchases.
In the U.S. supermarket category alone, users of this card have the potential to earn $ 180 in cash back each year. This makes it one of the best grocery credit cards on the market today.
Credit statements on statement make it easier
While many rewards credit cards offer flexible redemption options, including the ability to redeem rewards for gift cards, freight trips, and more, the Amex Blue Cash Everyday does offer redemption. statement credits to your account only when your rewards balance reaches $ 25 or more.
However, McCall says he actually prefers this option because of the simplicity it offers.
âIt’s quick and convenient for me, and I tend to redeem a few days before paying my card to reduce my payment,â he says.
No annual fee required
Another notable feature of the Amex Blue Cash Everyday is that there is no annual fee, which helps users get the most out of the rewards they earn each year. McCall says he almost always chooses credit cards that don’t charge an annual fee because he struggles to earn enough rewards to offset the annual fees charged by other cards.
With no annual fee, any rewards McCall earns leave him “a head start” as long as he pays his credit card bill in full each month.
Easy to combine with other cash back cards
With no annual fee required, McCall also points out that the Amex Blue Cash Everyday is easy to pair with other cards. While he uses his Amex Blue Cash Everyday for his purchases at US supermarkets and US gas stations, a quick switch to Chase Freedom Unlimited earns him 1.5% cash back on other non-bonus spending. no annual fee.
In addition, it should be noted that the Chase Freedom Unlimited also offers 5% discount on travel booked through Chase Ultimate Rewards, 5% discount on Lyft journeys (until March 2022), 5% discount on purchases at the grocery store (excluding Target or Walmart) on up to $ 12,000 spent the first year and 3 percent back on restaurant and drugstore purchases.
McCall says he also owns the Capital One Savor Cash Rewards credit card – the only card he pays an annual fee on – in order to earn 4% cash back on meals and entertainment.
0% APR for a limited time
Another major benefit highlighted by the blogger is the introductory offer of this card for purchases. This offer allowed McCall to avoid interest while carrying a balance on new purchases for over a year.
Currently, new cardholders who choose Amex Blue Cash Everyday can get an introductory APR of 0% on purchases for 15 months, followed by a variable APR of 13.99% to 23.99%.
Incredible credit limits
There’s one final reason McCall says he loves his Amex Blue Cash Everyday: his ever-increasing credit limit. He says American Express has been proactive in increasing his credit limit and that they didn’t put a lot of effort into his credit report when he requested an increase in his credit limit in the past. .
âMy Amex has by far the highest credit limit of any card I own, which I like,â he says.
The bottom line
The benefits of Amex Blue Cash Everyday may not be as strong as those you find with premium credit cards that charge an annual fee, but this card allows users to accumulate generous rewards and benefit from a low interest offer for a limited time. New cardholders can also earn a $ 200 credit after spending $ 2,000 on purchases within six months of opening the account.
Sometimes simple cards are the best, but it all depends on an individual’s spending style, personality, and goals. While the Amex Blue Cash Everyday may be worth your while, be sure to compare other reward credit cards, including the best cash back credit cards, before you decide.