American Express Blue Card

Credit cards issued by American Express are polled as the nation’s favorites due to the excellent benefits they offer to card holders. The American Express Blue card is no exception, offering a range of insurance perks at no additional cost to the consumer, in addition to a great rewards program.

Consumers can take advantage of the Blue’s introductory offer of zero percent APR for 12 months before the variable rates kick in. Variable APR’s, based on credit worthiness, are 15.24, 18.24 and 20.24 percent. Applicants should note there is no introductory offer for balance transfers and the variable APR rates apply with immediate effect. Other APR’s applied are 25.24 percent for cash advances, and a penalty APR of 27.24 percent.

Blue’s foreign exchange fee is 2.7 percent, whilst both cash advances and balance transfers incur either a three percent fee or a charge of $5, whichever is greater. Although the card is free of a membership fee and offers great benefits, it works out as an expensive choice for balance transfers.

American Express is famous for the perks which card holders enjoy and Blue offers a good range. Blue cardholders are given 90-day accidental damage and theft insurance on purchases, extended manufacturer’s warranties, 90-day return protection on purchases, car rental loss and damage insurance, and emergency travel assistance. Blue cardholders can also enjoy American Express entertainment offers which include advance ticket booking.

The reward program is an enticing feature of the Blue card and new members are rewarded with a welcome bonus of 10,000 points. Customers who successfully refer friends earn an extra 5,000 bonus points. All purchases attract one point per dollar spend, rising to two points when the card is used to book travel online through American Express.

Cardholders who shop online at can earn up to 10 points per dollar spend. Online retailers participating in the program include Bergdorf Goodman, Macys, Saks Fifth Avenue, Bloomingdale and Target. Participating travel companies include Marriott, Holiday Inn, Avis and Budget.

As well as extra points, Blue cardholders can enjoy a good range of shopping discounts. With over 250 current offers to choose from many online retailers offer free shipping to Blue card holders. Current offers include a 25 percent discount from Rafaella Sports Wear and 15 percent of orders at Advance Auto Parts.

Points, which never expire, can be redeemed for rewards once 1000 are accumulated. They can be exchanged for statement credits, merchandise, gift cards and travel.

The rewards program is a generous one, particularly for those inclined to shop online and reap the additional benefits on offer. Blue from American Express is a good choice for a card that offers consumer protection and insurance without the need for a fee.