Changes to American Express Blue Cash Card
American Express has made made big changes to the Blue Cash card. For years, the card was the standard of cash cards. It offered 1% cash back on “everyday purchases” or 5% when you spent $6,500 on your card. Everyday purchases include those made at supermarkets, drugstores – and gas stations.
American Express cancelled that card and has introduced two new Blue cash credit cards.
Blue Cash Everyday Card offers unlimited cash back for all your purchases, including 3% cash back at supermarkets, 2% cash back at gas stations and department stores, and 1% back everywhere else. No Annual Fee
Blue Case Preferred offers unlimited cash back for all your purchases, including 6% cash back at supermarkets, 3% cash back at gas stations and department stores, and 1% back everywhere else. $75 annual fee.
One of the major changes was the cut in gas rewards. Blue Cash offered a 5% rebate on gas as well as purchases at grocery stores and drug stores after you made $6,500 in annual purchases with the card. With the Blue Cash Everyday card, consumers only get 2% cash back at gas stations. Blue Cash Preferred offers 3% cash back on gas.
Cardholders with the existing Blue Cash card can keep that card, but American Express will no longer market the old card.
About Bill Hardekopf
Bill Hardekopf is the CEO of LowCards.com and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.