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BLUE CASH FROM AMERICAN EXPRESS

AMEX Blue, or Blue from American Express is a popular card among young adults and college students. Based on a successful AMEX Blue type card in the European market, AMEX Blue has no annual fee (often upward of $50) , a rewards-for-purchase program, and a security and identification chip inside the AMEX Blue card. A cash back version, "Blue Cash", has arisen from the AMEX Blue product.

Blue Cash from American Express has a zero percent interest rate on purchases for the first six months. The AMEX Blue cash back reward program features a percentage of cash earned into the account on AMEX Blue purchases only. Blue Cash from American Express “rewards” its customers for general and everyday purchase of about 1.5% to 5%.

Applicants for Blue Cash from American Express should know that a 4.99% introductory rate is applied to balance transfers. But AMEX Blue only offers the balance transfer rate to balances transferred at the opening of the AMEX Blue account. So, with Blue Cash from American Express, card holders can reap rewards on everyday purchases instead of paying cash and “earn” Blue Cash from American Express.

Blue Cash from American Express might work well for those who intend on purchasing amounts of materials or services in support of a business product or item production. So AMEX Blue might be a way to leverage value on existing or planned cash purchases by using Blue Cash from American Express to derive periodic monthly cash back benefits.

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