Yes, the Blue Cash Everyday® Card from American Express is a good choice for people with 700+ credit scores who want bonus rewards on groceries, gas and online purchases. The Amex Blue Cash Everyday card earns 3% cash back at U.S. supermarkets, U.S. gas stations and on U.S. online retail purchases (up to $6,000 spent per year in each category), as well as 1% back on all other purchases, earned as statement credits. And it comes with a $0 annual fee.
This card also offers an initial bonus of $200 statement credit for spending $2,000 in the first 6 months. It gives an introductory APR of 0% for 15 months on new purchases, too. The card’s regular APR is 16.24% - 27.24% (V).
Just keep in mind that the American Express Blue Cash Everyday card requires good credit for approval. It also has a 2.7% foreign transaction fee, which means that it’s not a great card to use abroad or with international merchants. But for grocery and gas purchases in the United States, Amex Blue Cash Everyday is a very good card to have.
Yes, the Blue Cash Everyday® Card from American Express it is hard to get because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be difficult for you to get approved for the Amex Blue Cash Everyday.
In order to get the Amex Blue Cash Everyday, you will have to meet the credit score requirement, have a steady income and be at least 18 years old. You’ll also need to have an SSN or ITIN.… read full answer
Keep in mind that even if you meet all of the requirements for the Amex Blue Cash Everyday, you’re never guaranteed to be approved.
The Amex Blue Cash Everyday credit limit is based on American Express’s assessment of each application, so the card’s credit limit will be different for each applicant.
For the most part, Amex Blue Cash Everyday credit limits depend on each applicant’s overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.… read full answer
That said, the Amex Blue Cash Everyday credit limit that you start with isn’t necessarily your credit line forever. You can ask to get a credit limit increase by calling the American Express customer service number on the back of your card, but it’s best not to do that more than once a year. American Express will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with American Express
There is no way to know how high American Express credit limits are. You won’t know your American Express credit limit until you’re approved for an account. American Express does not disclose a minimum credit limit in their cards’ terms and conditions, unlike some other major issuers. All Amex says is that your credit limit depends on your credit history, debt level, income, and payment history on other American Express cards.… read full answer
One way to estimate what credit limit you might get on an American Express card is to read customer reviews of the card. People will often post what limit they received, sometimes with their credit score and income. But you should take any of these numbers with a grain of salt. Just because someone with a similar credit score or income got a certain limit, it doesn’t mean you will, too.
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