The Blue Cash Everyday card offers an interesting mix of perks. A competitive welcome offer, access to lucrative Amex offers, respectable intro APR periods, and compelling cash back rewards categories make this card a quadruple threat of sorts. With all that being said, this card still failed to take home a best designation in any single category. So what's it missing?
The basics of a good cash back card are here, but the cash back earning alone isn't enough to make this card a great card. You'll earn 3% cash back at U.S. grocery stores, up-to $6,000 in purchases annually. You'll also have access to two 2% categories with no earning cap - U.S. gas stations and eligible U.S. department stores. All other purchases earn 1% cash back.
This earning structure doesn't really do it for us. 3% on groceries is nice, but once your spending is all grouped together, you are likely better served by a card that earns 2% cash back, like the Double Cash. If you're spending more than $100 a week in groceries then you should take a look at the Blue Cash Preferred, which earns up-to 6% cash back, but comes with an annual fee.
As far as redeeming rewards goes, you'll need to accrue $25 in rewards before you are able to cash out. We generally don't like this restriction, but it's a common feature across cash back cards.
Do you need more than cash back on everything? You greedy person you. (But we don't blame you).
If you're new to the rewards game, Blue Cash isn't a terrible choice. 3% cash back on groceries isn't terrible, but we feel like the average person is going to do better with a 2% cash back card. An extra 1% on such a limited use case just doesn't jive with us.
We do like this card for its flexibility though. If you need that 0% rate, this card will serve you well enough as a generalist.
If you have a more traditional spending pattern, you can find some better rewards rates with the 2% Double Cash or the 4% on dining Uber card. If you're a power spender on groceries and gas, opt for the annual fee Blue Cash Preferred.
It's 2019, and Amex has been adding merchants to its network to help get over this perception. They were recently on track to become the world's second largest card processor. While their acceptance rate problem is lower than Visa or Mastercard, it probably won't be an annoyance for you if you're getting a second credit card. With that being said, if you are looking for your first credit card, we might not tap an Amex - it would give us swipe anxiety.
The American Express Blue Cash Everyday is a fine card, and is best suited as a credit generalist. We can't say it's the best in any one category, but if you don't know what you need or if you need a variety of card features right off of the bat, the Blue Cash might just check the boxes you need it to.