American Express Blue Cash – How to apply

By Marcos • 12/01/2024

In need of a popular credit card that maximizes and rewards you on everyday purchases? 

Get to know the Amex credit card, a card designed for those who want to maximize their spending, receive exclusive benefits and rewards that make online shopping more advantageous and economical. 

With a focus on generous cashback and exclusive benefits, this card offers an easy-to-understand and advantageous rewards program for those who spend frequently in supermarkets, gas stations and restaurants. 

How does Amex Blue work?

It all starts with your application: once approved, you can start earning cashback immediately. 

Rewards are calculated based on mentioned spending categories, and there’s no need to monitor or activate temporary promotions – it’s all automatic.

Accumulated rewards can be redeemed in various ways, such as statement credits, which makes the process very convenient. 

Additionally, American Express offers financial management tools like mobile apps and spending alerts so you can stay on top of your spending habits.

Another interesting feature is the flexibility in international spending. Although the card is more efficient for purchases in the US, it can be used around the world, with widespread acceptance at millions of merchants.

Main benefits of American Express

The Blue Cash also comes with additional perks like access to exclusive events and purchase protection services. 

These features help add value to the card beyond the cashback, making it a versatile tool for families and singles alike. In addition to cashback rewards, the Amex Blue Cash offers a number of benefits that make the card even more attractive to consumers.

1. Purchase protection: The card includes protection against accidental damage or theft of eligible items purchased with it, for up to 90 days after purchase. This benefit is ideal for those who want more security when purchasing high-value products.

2. Extended warranty: Purchases made with the card can receive an extension of the manufacturer’s warranty for up to one year, applicable to eligible items. This provides greater peace of mind when purchasing electronics or other large products.

3. Exclusive offers from American Express: Cardholders have access to personalized promotions and offers through the Amex Offers program. These offers include discounts or additional cashback at selected stores, restaurants and services.

Cons of Amex Blue

Although its benefits are quite attractive, the Amex card has some disadvantages that must be considered.

1. Annual fee of $95: In a relatively high annual fee compared to other cashback options. While the benefits may justify the cost for some users, those who don’t spend much in the cashback categories may find it difficult to offset this fee.
2. Cashback limitation in supermarkets: 6% cashback at US supermarkets is limited to $6,000 per year in purchases, which equates to a maximum return of $360. After reaching this limit, the cashback drops to just 1%, which reduces the advantage of the benefit on higher expenses.
3. Foreign transaction fee: There is a foreign transaction fee of 2,7%, which makes it a less attractive option for international travel. For those who travel frequently, a card with no fees for purchases abroad may be more suitable.

APR and Fees

The American Express Blue Cash offers an introductory interest rate of 0% APR on purchases for 15 months, which is an advantage for those planning large purchases or wanting to refinance existing debts. After this period, the standard APR varies from 18,24% to 29,24%, depending on your credit.

Although the card charges an annual fee of $95, many users consider that the benefits outweigh this cost. For those looking to waive annual fees, there is an alternative version – Blue Cash Everyday – with less aggressive rewards, but no annual cost.

Additionally, it is important to consider the foreign transaction fee of 2,7%, which can be a limiting factor for frequent travelers. For home use, however, the rewards and benefits more than offset these costs.

How to apply for the American Express Cash

Request the American Express Cash It’s simple and can be done online. The process involves filling out a form with your personal information such as name, address and annual income. 

Approval generally depends on your credit history, with a good to excellent credit.

Once your application is approved, you will receive the card in the mail and can activate it within minutes. It is important to review all terms and conditions before submitting your request to fully understand the associated fees and rewards.

If you prefer in-person support, American Express also offers telephone assistance to help you complete the process.