Blue from American Express® Credit Card
Editorial disclosure: All reviews are prepared by Bankrate.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank’s website for the most current information.
This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our good credit category page.
A starter card, the Blue from American Express Credit Card won’t knock your socks off with rewards, but it’s relatively easy to qualify for. For those who want the benefits American Express membership offers, but don’t have a stellar credit history, this is a good option to consider.
The bare-bones Blue from American Express Credit Card is as ho-hum as it gets. The rewards are simple: you will earn 1 point per every dollar you spend. If you redeem your points on AmexTravel for hotel stays, vacation packages and cruises, then your point value will double. On the plus side, you can redeem your points in many ways. Cardholders can choose to get cash back or they can make travel, car rental, gift card purchases and more.
Another advantage of this card is that there are no annual fees. So you can park this card in your wallet to establish credit without paying for it. Additionally, you don’t have to have a great credit score to qualify for this card. So for people who are just building their credit or are on the road to repairing poor credit, this card makes it inexpensive to do so.
Who should get this card
There are few good credit card options for people who want to build or repair their credit. Options are usually limited to secured cards or retail cards. The Blue from American Express Credit Card, however, offers an alternative to the usual suspects.
Because applicants can have less-than-great credit to qualify, this card is a cheap way to boost your credit score. You can think of the points as the cherry on top; you might end up with a free flight or cash back. This card is clearly not designed for people who want to take advantage of generous point systems.
Fees and APR
- This card charges no annual fee.
- The variable penalty APR is 29.99%. It may be applied if you make one or more late payments or your payment is returned by the bank.
- The balance transfer fee is either $5 or 3% of each transfer, whichever is greater.
- The foreign transaction fee is 2.7% for purchases made outside the U.S.
Extras, perks and using points
The card also includes American Express’ travel protections like roadside assistance, auto insurance and global emergency help.
How this card compares
Discover it® chrome is a good fit only if you have a limited budget – and good, but not great credit. It offers 2% cash back on up to $1,000 combined spending per quarter at restaurants and gas stations. If you spend less than $333 a month on these categories, this is a card to consider — barely.
The Wells Fargo Rewards Card isn’t a bad choice for a new credit card, it just may not be your best one. The sign-up offer is a solid mix of 0% APR on purchases and balance transfers. The card also gives wide latitude in how you can redeem your points, from travel, gift card or cash.
The special military benefits on the USAA Rewards Visa Signature make it a worthy option for those who serve our country. But outside of the special perks and benefits for those actively deployed, the card offers meh rewards and less-than-favorable interest rates for those with less-than-favorable credit scores.