Earn cash rebates on their credit card with the Blue Cash(R) from
American Express which is the only credit card that allows you to earn
5% rebates on many purchases, including supermarket, gasoline and
drugstore purchases. It also allows you to get a $100 credit back
into your statement if you spend $3,000 on a qualifying vacation using
your card at participating American Express Travel Services among
other other travel or shopping benefits.

The American Express Blue Cash rebate formula works allows for up to
the first $6,500, you earn 1% rebate on purchases (defined as spending
at “standalone supermarkets, gas stations and drugstores”) and 0.50%
on “other purchases”. Spend above $6,500, you earn 5% rebate on
everyday purchases and 1.5% on other purchases. You can earn unlimited
rebates.

Cardholder also can make purchases at shopamex.com, a shopping
comparison site designed for Amex cardholders. You can also redeem
points for your purchases. You also get Buyers Assurance - a program
essentially doubles your warranty for products you have purchases up
to a limit of one extra year. Coverage is good for up to a purchase of
$10,000 and up to $50,000 worth of purchase a year.

They have a Purchase Protection Plan - under which you can return any
purchase you make if it is accidentally damaged within 90 days.
American Express Selects - American Express has partnered with many
merchants worldwide to offer discounts to cardholders. Those who
travel a lot may find this beneficial. There is no annual fee for the
American Express Blue Cash Card. The apr is either prime rate plus
4.99%, 6.99% or 9.99% depending on your credit. You get a 0%
introductory apr on purchases for 6 months and a 4.99% fixed rate on
balance transfer for the life of the transfer if you submit the
transfer request with your application. The American Express Blue Cash
Card uses the average daily balance method (including new purchases)
of calculating your monthly balance and has a 20 day grace period.

The American Express Blue Cash Card is great for those who spend a lot
on their card and are looking to earn good cash rebates. Since you
cannot get either the Citi Dividend and the Chase Cash Plus Rewards,
the Blue Cash(R) from American Express is the only one left. It is the
only card that pays 1.5% rebates on “other purchases”. And all of that
really adds up.