Comments on: My first Card Review: AMEX Blue Cash Credit Card http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/ The best Credit Card Debt Blog online Thu, 02 Feb 2012 13:31:13 +1100 http://wordpress.org/?v=abc hourly 1 By: HellKat22 http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/comment-page-1/#comment-47565 HellKat22 Sun, 09 Aug 2009 14:56:33 +0000 http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/#comment-47565 I utilize 3 cash back cards, that have no annual fee. These net me: 5% Gasoline 5% Airline 3% Restaurants & Fast Food 2% Supermarkets & Travel 2% Saturday & Sunday purchases, Everywhere ~ This allows me to get 2% on utilities, rent, cell phone, etc. 1.25% Everywhere else The AMEX Blue is overrated. If you make 100K+ a year, it is a good option. If you are a working stiff making 40-50K a year, doing a little homework & using multiple cards is MUCH better... I utilize 3 cash back cards, that have no annual fee. These net me:

5% Gasoline
5% Airline
3% Restaurants & Fast Food
2% Supermarkets & Travel
2% Saturday & Sunday purchases, Everywhere
~ This allows me to get 2% on utilities, rent, cell phone, etc.
1.25% Everywhere else

The AMEX Blue is overrated. If you make 100K+ a year, it is a good option. If you are a working stiff making 40-50K a year, doing a little homework & using multiple cards is MUCH better…

]]> By: Jonathan http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/comment-page-1/#comment-11567 Jonathan Sat, 10 Jan 2009 10:32:57 +0000 http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/#comment-11567 Hi Amuse, many thanks for this bit of info! But do keep in mind that even a payment that is a single day late will hurt your credit score, and may land you in hot water with your other cards too (i.e. 'Universal Default'). Hi Amuse, many thanks for this bit of info! But do keep in mind that even a payment that is a single day late will hurt your credit score, and may land you in hot water with your other cards too (i.e. ‘Universal Default’).

]]> By: AMuse http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/comment-page-1/#comment-11548 AMuse Sat, 10 Jan 2009 05:56:26 +0000 http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/#comment-11548 Hi! Your comment about forfeiting the balance for the whole year just freaked me out, since 4 months ago I paid a bill just 2 days late! I wanted to clarify the Amex position on this so other people don't freak out too. If your payment is less than 30 days late, you're assessed the usual fee but you do not forfeit any rebates. If your payment is 30 days late, you forfeit the rebates you accrued during the month for which that payment is due. If your payment is 60 days late or more you forfeit all your rebates. This is still a bit of a tricky thing for them to do but not nearly as bad as "one day late and it all disappears" as I had worried when I read your blog post! Hi! Your comment about forfeiting the balance for the whole year just freaked me out, since 4 months ago I paid a bill just 2 days late! I wanted to clarify the Amex position on this so other people don’t freak out too.

If your payment is less than 30 days late, you’re assessed the usual fee but you do not forfeit any rebates.

If your payment is 30 days late, you forfeit the rebates you accrued during the month for which that payment is due.

If your payment is 60 days late or more you forfeit all your rebates.

This is still a bit of a tricky thing for them to do but not nearly as bad as “one day late and it all disappears” as I had worried when I read your blog post!

]]> By: Trent Hamm http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/comment-page-1/#comment-1015 Trent Hamm Mon, 14 Apr 2008 19:23:30 +0000 http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/#comment-1015 Uhm... what card do you use? Why? That would be most interesting to me - and probably to other readers. Uhm… what card do you use? Why? That would be most interesting to me – and probably to other readers.

]]> By: No Debt Plan http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/comment-page-1/#comment-986 No Debt Plan Mon, 14 Apr 2008 12:06:16 +0000 http://masteryourcard.com/blog/2008/04/14/my-first-card-review-amex-blue-cash-credit-card/#comment-986 Same here... I love my Blue Cash. Love those cash rewards :) Same here… I love my Blue Cash. Love those cash rewards :)

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