Comments on: A Credit Card With No Late Fees?

By: Ryan

Ryan — Wed, 11 Jul 2007 20:33:33 +0000

I recently applied for American Express Clear card due to the no fees and $25 for $2,500 worth of spending (1% ‘cash back’). I looked into the Blue Cash card but I’m not a big spender so it would of been a little more or less than 1%. I didnt want to optimize my spending so I could earn money I was already spending. Clear sends you the $25 gift card every time you reach $2,500 in spending. So you do not have to wait a year to get the precious 1% ‘cash back’. I rather take the $25 gift card to purchase something when I have the funds available and placing those available funds into a 5% APY interest savings account to earn interest immediatley than to wait a year to do all of that.

By: J at IHB and HFF

J at IHB and HFF — Wed, 11 Jul 2007 00:33:27 +0000

In other words, Blue Cash could average less than 1% for some people.

By: J at IHB and HFF

J at IHB and HFF — Wed, 11 Jul 2007 00:29:47 +0000

Hello. The AMEX Blue Cash page states that you earn 0.5%-1% on your first $6.5k of spending and, after that, 5% on 3 types of everyday purchases (not TVs or furniture).

By: KMull

KMull — Tue, 10 Jul 2007 22:43:11 +0000

$25 for 2,500 worth of purchases is a low 1% return on your purchases. I love my AMEX Blue Cash (5%/1.5% depending on your tier).