Woo! Got approved for the Blue Cash AMEX card!

[LordJezo]

Had a Blue for Students, then went to a regular Blue, now I am moving to the Blue Cash.

It gives you 5% back on your purchaces.. might not seem like that much but the way I look at it is 5% is > the 0% I am currently getting back so why wouldn't I want it?

Happy!


Edit:
So, its only 1.5%, but, 1.5% is better then the 0% I am getting now, so yeah.

 

[leung324]

I am gonna follow your path....at least, get a blue for student. give me a damn credit card!!! (going to college in fall)

 

[kranky]

Read the fine print, you don't get 5%.

 

[ddwbi0]

Originally posted by: kranky
Read the fine print, you don't get 5%.

yep, 5% only if you spend a certain amt AND carry a balance

 

[LordJezo]

Originally posted by: ddwbi0

Originally posted by: kranky
Read the fine print, you don't get 5%.

yep, 5% only if you spend a certain amt AND carry a balance

What? Really? Man.. that sucks. Guess I have to go close the account already 🙁

 

[randomlinh]

fine print is everything... if it really were 5%... everyone would be all over it... 2% is like the best these days.. and on a staggered system

 

[RossMAN]

Amex Blue = overrated

 

[LordJezo]

1 Your annual cash reward for everyday purchases at stand-alone U.S. supermarkets, gas stations, drugstores, and home improvement stores is up to 3%. Stand-alone locations do not include the departments of superstores or warehouse clubs where the standard rebate of up to 1.5% applies. Your annual cash reward for all other purchases is up to 1.5%. You will receive an additional rebate of up to 2% in months in which your account carries a balance. Your cash rewards are limited to $50,000 of annual eligible spending. Balance transfers, purchases of American Express® Travelers Cheques or American Express® Gift Cheques and Cash Advances do not earn a cash back reward.

So, I will still get 1.5%.

1.5% > 0% I get on my current blue, so, why wouldnt I want to use it?

 

[JSClark]

I wish someone would give me back 12,000 so I can pay off my credit cards 😀

 

[kranky]

Originally posted by: LordJezo
1.5% > 0% I get on my current blue, so, why wouldnt I want to use it?

It's actually up to 1.5%. But something is better than nothing, and you certainly ought to use it.

 

[LordJezo]

Originally posted by: JSClark
I wish someone would give me back 12,000 so I can pay off my credit cards 😀

eesh.. how did you get into so much CC debt?

 

[Nyical]

Originally posted by: RossMAN
Amex Blue = overrated

Yep and I do work for Amex to boot.

 

[YaKuZa]

Is the Blue Cash better than the Blue Rewards card? What kind of rewards do you get?