I see ads for this credit card everywhere… But, does that mean it’s worth applying for?
American Express, Amex, is one out of the four big credit card processors. Unfortunately, it can still be somewhat difficult, specifically in smaller shops, to find support for the Amex credit card. Luckily, with companies such as Square being more widely used, there now exist a larger range of support for processors outside of Visa and MasterCard.
So, should you get the Amex Blue Cash Everyday? Let’s take a look at the benefits:
- 3% Cashback at U.S. supermarkets, up to $6,000 per year in purchases (then 1%)
- 2% Cashback at U.S. gas stations & select U.S. department stores
- 1% Cashback on everything else
- Access to Amex Offers
- Basic Amex benefits that can be found here: Click Me
Introductory offer?: 10% back at U.S. Restaurants on the Card within the first 6 months of Card Membership, up to $200 back.† PLUS, EARN $100 BACK after you spend $1,000 in purchases on the Card within the first 3 months of Card Membership.
Personal Thoughts: The card’s standard cashback rate is extremely good compared to other credit cards. On top of that I haven’t been disappointed by Amex Offers (very similar to Discover’s), as well as their free benefits such as return protection (while that is offered by many other card issuers, it doesn’t hurt to have it). Overall, the Amex Blue Cash Everyday would make a good student credit card because of the cashback and benefits Amex provides if you use their card.
Should you apply?: If you have a credit score over 720 and a credit history of at least a year… Yes
Note: I would wait for Amex Incognito offers to pop up before applying for this card.
Keywords: Student Credit Cards, American Express, Amex Offers, 3% Cashback