Earn Up To 5% Cash Back!

Posted by CCOB

March 7, 2008

Blue Cash® from American Express® is designed for those with good or excellent credit who plan to take advantage of the cash back reward program offered by this card, which Kiplinger’s Personal Finance* named as the “best cash-rebate card.”

Cardholders get unlimited cash back savings on eligible purchases with the card. Through the rebate program, cardholders earn a cash award that varies according to the amount spent per year. General purchases earn up to a 1.5% rebate. “Everyday Purchases” made at drugstores, gas stations, and supermarkets earn up to a 5% rebate.

This card has no annual fee and a reasonable interest rate for purchases and balance transfers (for those who qualify), which makes it ideal for those who plan to occasionally carry a balance. The card has a 0% introductory rate for the first six months of membership that can be applied toward purchases. A 4.99% introductory rate is available on balance transfers for the life of the loan. It is important to note that the balance transfer introductory rate only applies to those who initiate a transfer when applying for the card.