Amex Blue Cash Everyday Review: Great All-Around Option

You can get an Amex Blue Cash Everyday credit limit increase by making a request either online or over the phone at (800) 528-4800. Amex may also automatically increase your credit limit every 6 to 12 months if your account is in good standing. But that's not guaranteed, so if you want an increase, it's probably better to ask.

It is also worth noting that Amex Blue Cash Everyday cardholders become eligible for a credit line increase 60 days after opening an account. However, it's best to wait and request an increase only after there are at least 6 months of consecutive on-time payments on the account.

Here's how to get an Amex Blue Cash Everyday credit limit increase online:

1. Log in to your Amex account.
2. Click on “Account Services”.
3. Select “Credit Management”.
4. Click “Increase Line of Credit”.
5. Put in the 4-digit security code from your card.
6. Type in your requested credit limit and annual income.
7. Submit your request.

To request an Amex Blue Cash Everyday credit limit increase by phone, call (800) 528-4800 and follow the prompts to get connected to a customer service representative. You will need to provide the same information as for online requests.  

It is also worth mentioning that American Express might carry out a hard or a soft credit inquiry when you request a credit limit increase, depending on the specifics of your case. Plus, if your limit increase request is accepted, you will need to wait 6 months to request another one. You'll also need to wait 90 days after a denial before making a new request. 

Yes, you can upgrade from Amex Blue Cash Everyday to Blue Cash Preferred. But only if your Amex Blue Cash Everyday account has been open for at least 12 months. 

Here's what you should know about the Blue Cash Preferred upgrade:

• When you request an upgrade from Amex Blue Cash Everyday to Blue Cash Preferred, there's no hard inquiry on your credit report, so there's no effect on your credit score.
• Approval for an upgrade typically takes just a few minutes, but there's no guarantee that you will be approved.
• If you are approved for an upgrade, your card number won't change, but you will receive a new card with an updated expiration date and security code.
• It usually takes 24-48 hours for the upgrade to be fully processed and for your account to be updated.
• You should receive your card within 7-10 business days from when the upgrade was approved. You can use your old card until the new one arrives, but it will have all the benefits of the new card after the upgrade has been processed.
• Your current credit limit and APR will carry over to the new card, as will your unredeemed rewards. But you won't qualify for any introductory bonus offers unless they are cited in your upgrade offer from Amex.
• American Express usually sends targeted upgrade offers to Amex Blue Cash Everyday cardholders via mail, e-mail, or through their online account. Alternatively, you can call customer service at (800) 528-4800 to request an upgrade to Blue Cash Preferred.
• The Blue Cash Preferred card comes with an annual fee of $0 intro 1st yr, $95 after. 
• In case you need to pay the $95 annual fee, you will be charged within 45 days of the upgrade. However, it will be a prorated Annual Membership Fee, based on the remaining time until your next account anniversary date.

To increase the odds of getting an upgrade, make sure your Amex Blue Cash Everyday account is in good standing. That means a history of on-time payments and low credit utilization, preferably less than 30 percent of your overall credit limit.

The best way to estimate your Amex Blue Cash Everyday approval odds is to check for pre-qualification. You can do that in minutes on the American Express website. Pre-qualification does not guarantee you'll be approved. But most people who are pre-qualified get approved. Another good way to gauge your Amex Blue Cash Everyday approval odds is to check your credit score before applying. Applicants for the Amex Blue Cash Everyday require at least good credit to be approved.

Here's how to estimate your Amex Blue Cash Everyday approval odds:

• You can check for Amex Blue Cash Everyday pre-qualification. Go to Amex's pre-qualified offers page, enter your contact information and the last four digits of your Social Security Number, and click the "View my Offers" button. If you are pre-qualified, it means American Express has done a soft inquiry into your credit and thinks you'd likely get approved.
• You can check your credit score. Credit card applications can temporarily damage your credit score, so it's best to know where you're situated before applying. Amex Blue Cash Everyday requires good credit for approval, so make sure you meet that requirement.
• Apply for the card. When applying for Amex Blue Cash Everyday, a soft inquiry will be made on your credit report and you will be told with certainty if you are approved. However, if you are approved and choose to accept the offer afterward, Amex will do a hard pull, which may result in a small drop in your score.*
• Your Amex Blue Cash Everyday approval odds should be pretty similar to your odds with other American Express credit cards.

If your application is denied, you can request a reconsideration by calling American Express at (800) 567-1083 at least 30 days after denial. That's basically a chance to explain yourself and correct any errors related to your application. Also, if you think your credit score needs improving, consider some tips to address just that.

*This limited-time new application experience is currently available for individuals applying for a U.S. personal card via WalletHub, on the American Express site, or by calling American Express and is not available if you apply for a card after you log into an existing Card Member Account.

The Amex Blue Cash Everyday benefits include rental car insurance and purchase protection. The Blue Cash Everyday® Card from American Express card also offers the lowest hotel rates guarantee policy and instant card numbers, which are more common perks across American Express cards.

Amex Blue Cash Everyday Card Benefits

• Rental car insurance*
• Purchase protection*
• Lowest hotel rates guarantee
• Instant card numbers
• Free ShopRunner membership (for free shipping with participating online merchants; enrollment required)
• Up to $7 back each month for the Disney Bundle subscription (enrollment required)
• Up to $15 per month (a total of $180) for Home Chef meal purchases (enrollment required)

Along with these benefits, the Amex Blue Cash Everyday card has a $0 annual fee and gives rewards on all purchases. As long as you have good credit, the Blue Cash Everyday® Card from American Express is certainly a card to consider adding to your wallet.

*Insurance Benefits Disclosure: Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage is offered through American Express Travel Related Services Company, Inc.

The Blue Cash Everyday® Card from American Express interest rate is 17.74% - 28.74% (V), with the actual rate depending on factors such as your income, credit history and existing debt. The Amex Blue Cash Everyday card also offers new cardholders an introductory interest rate of 0% for 15 months on purchases and balance transfers. After the card's intro rate expires, the regular interest rate applies to any remaining balance. There is also a balance transfer fee of 3% (min $5). The regular Amex Blue Cash Everyday card interest rate is variable, meaning it can change based on certain economic conditions.

The Amex Blue Cash Everyday gives you a 25-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card's payment due date. You won't owe any interest as long as you pay your balance in full during that timeframe. Should you decide to carry a balance on your Amex Blue Cash Everyday card, it will accumulate interest daily at the card's regular APR. Interest is compounded, meaning you will owe interest on both the principal balance and any interest already accumulated.

In addition to the regular interest rate, Amex Blue Cash Everyday also charges a separate 28.99% (V) interest rate on cash advances and a penalty rate for late payments. All Amex Blue Cash Everyday card interest rates will be listed on your statement and on your online account summary.

Yes, the Blue Cash Everyday® Card from American Express it is hard to get because applicants need to have a credit score of 700 or higher to be approved. Unless your credit score is at least good 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.

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 credit standing. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.

Keep in mind that you can ask to get a credit limit increase by calling the American Express customer service number you see 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.

No, the Amex Blue Cash Everyday card is not a charge card. It's a regular credit card, so it allows you to carry a balance from one month to another.

It is worth noting that the main difference between a charge card and a traditional credit card is that charge cards don't allow you to carry a balance between months, while credit cards do. Both types of cards allow you to buy now and pay later, but charge cards require that payment to be for the full amount you owe at the end of the billing cycle.

THE WINNER

Blue Cash Everyday® Card from American Express
This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.

EDITOR'S OVERVIEW

The Blue Cash Everyday® Card from American Express is the winner over The Amex EveryDay® Credit Card from American Express. Amex Blue Cash Everyday is a better credit card because it offers better rewards, as there’s no difference between the cards’ fees or low-interest promotions.

The difference between Blue Cash Everyday and Amex EveryDay is that Blue Cash Everyday offers cash back and more overall value, while Amex EveryDay gives points that don’t amount to as much. For example, Blue Cash has a bigger initial bonus and a higher ongoing rewards rate.

View entire answer

THE WINNER

Blue Cash Preferred® Card from American Express
This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.

EDITOR'S OVERVIEW

The Blue Cash Preferred® Card from American Express is the winner over the Blue Cash Everyday® Card from American Express. The key difference between Amex Blue Cash Preferred and Amex Blue Cash Everyday is that Blue Cash Preferred is both more expensive and much more rewarding.

For example, Blue Cash Preferred offers a higher rewards rate than Amex Blue Cash Everyday. On the other hand, people who aren’t big spenders may want to consider Amex Blue Cash Everyday because of its $0 annual fee.

View entire answer