Posted byon February 23, 2018
Previous article: « $7 Dosh Sign Up Bonus with $10 Referrals
Next article: Do Your Kids Need to File Taxes? »
The American Express Blue Cash Everyday card offers a $150 sign up bonus.
The card made the list of Most Popular Credit Card Bonuses Last Year. I was surprised it made the list since we never highlighted the bonus during the Free Money Friday series last year!
I promised I would revisit this card since there’s a reader preference for it.
The sign up bonus is our Free Money offer this week!
*Find and compare all current credit card offers in our credit card directory.
Cash Back. You’ll earn 3% cash back at US supermarkets (up to $6,000 per year in purchases), 2% cash back at US gas stations & select US department stores and 1% cash back on all other purchases.
Redeeming Cash Back. You’ll earn your cash back as reward dollars, which you can redeem as statement credits.
Watch for Email Offers. While I’ve had the Blue Cash Everyday card, I’ve gotten various email offers to earn additional statement credits. I checked my old emails and found offers to add authorized users and offers to upgrade to the Blue Cash Preferred card.
The Blue Cash Preferred Card from American Express with a $95 annual fee, earns 6% cash back at stand-alone supermarkets (up to $6,000 in spending), 3% cash back at stand-alone gas stations and department stores, and 1% cash back on all other eligible purchases. The sign up bonus for the preferred card is currently $200 after $1,000 in purchases.
If you do the math, you’ll pay $95 more for the Preferred card, but get $50 more in sign up bonus. You’ll need to make up for $45 in the increased cash back rate on groceries. The break-even point would be after spending $1500 in groceries. The preferred card is typically listed at the top of the list for grocery store cash back. We originally started with the Preferred card first, then downgraded it to the Everyday card to maximize our cash back at grocery stores during the first year.