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Blue from American Express® Review
Issued by American Express
  
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Overall Rating:
Benefit Rating:
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Blue from American Express® is an ideal credit card for those with good credit who already have an established credit history and are looking for a card with access to a reward program.
Various American Express® services and benefits are provided with this card, such as purchase protection, auto rental insurance, a year-end financial statement, and various travel and emergency assistance services.
Cardholders also have access to Blue's Membership Rewards Express® program, which offers members the chance to earn points that can be redeemed for various services and products. The rewards program is by far one of the best reward programs offered in the credit card industry, due in part to the variety of rewards offered with no yearly limit and no expiration policy for earned points.
This card has no annual fee and a reasonably low interest rate for purchases (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 up to 15 months of membership that can be applied towards 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.
Therefore, those who qualify for the lowest rate offered and plan to take advantage of the additional benefits and discounts available by American Express®, especially frequent travelers who can take advantage of the Membership Rewards Express® program with earned points that can be combined with various frequent flyer accounts, will benefit most from what the Blue from American Express® card has to offer.
Various American Express® services and benefits are provided with this card, such as purchase protection, auto rental insurance, a year-end financial statement, and various travel and emergency assistance services.
Cardholders also have access to Blue's Membership Rewards Express® program, which offers members the chance to earn points that can be redeemed for various services and products. The rewards program is by far one of the best reward programs offered in the credit card industry, due in part to the variety of rewards offered with no yearly limit and no expiration policy for earned points.
This card has no annual fee and a reasonably low interest rate for purchases (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 up to 15 months of membership that can be applied towards 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.
Therefore, those who qualify for the lowest rate offered and plan to take advantage of the additional benefits and discounts available by American Express®, especially frequent travelers who can take advantage of the Membership Rewards Express® program with earned points that can be combined with various frequent flyer accounts, will benefit most from what the Blue from American Express® card has to offer.
Review Date: August 19, 2008
Note: The review on this card was updated on August 19, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
Intro Rate (Intro APR):
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0% APR for up to 15 Months |
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Intro Applied Towards:
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Purchases |
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Additional Intro Details:
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The introductory rate for purchases varies and will be fifteen months, twelve months, or six months. A 4.99% introductory rate is available on balance transfers for the life of the loan if a transfer is submitted during the application process. |
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Purchase APR:
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As low as 8.99% (Variable) The APR for purchases is based on the Prime Rate. |
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Cash APR:
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19.99% (Variable) The APR for cash advances is based on the Prime Rate. |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$0 |
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Additional Cardholders:
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$0 |
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Grace Period:
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20 Days |
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Late Payment Fee:
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$19 on balances up to $400 and $38 on balances of $400 and over |
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Over the Limit Fee:
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$35 |
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Cash Advance Fee:
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3%, $5 minimum for Express Cash transactions |
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Balance Transfer Fee:
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3% of each balance transfer associated with this offer ($5 minimum/$99 maximum per transfer). However, future balance transfers may incur a fee as disclosed at the time of the applicable offer or transaction. |
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Minimum Credit Limit:
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$1,000 |
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Maximum Credit Limit:
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$100,000 |
| Credit Card Reward Program Details (Point) | |
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Points Per Dollar:
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1 Point |
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Point Details:
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Points earned can be redeemed for airline, hotel, merchandise, and gift certificates. |
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Expiration:
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None |
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Yearly Limit:
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None |
| Features | |
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Most Attractive Feature(s):
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| Access to Membership Rewards Express® program; various benefits and services available to cardholders; introductory rate; no annual fee. | |
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Least Attractive Feature(s):
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| Low APR may not be available to all applicants. | |
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Additional Features:
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| Access to Blue's Membership Rewards Express® program for no additional annual fee. Built-in ExpressPay feature that lets cardholders make purchases without having to swipe their card. Various Internet account related services. No liability for unauthorized Internet transactions. Year-end financial statement. Return protection. Extended warranty for purchases. Purchase protection. Auto rental insurance. Emergency card replacement. Medical referral services. Legal referral services. Lost luggage insurance. Up to $100,000 in travel accident insurance. Various travel and emergency assistance services. See website for additional benefits. |
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Important Notations
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| Card is currently unavailable to residents of Puerto Rico. The APR for purchases varies according to the applicant's credit history and may range from 8.99% to 15.99%. See website for complete terms and conditions of card usage and application disclosure. | |
| Additional Information | |
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Apply Online for the Blue from American Express® from American Express See other Other Credit Cards See other American Express Credit Cards |
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