The Basics of the Old Blue Cash Card
The Old Blue Cash Card from American Express is one of the most popular credit cards in the U.S. It is a charge card, meaning that the balance must be paid in full each month or you will incur late fees. The card has no annual fee and offers up to 5% cash back on purchases, making it a great option for those looking to maximize their rewards without having to worry about paying an annual fee. The Old Blue Cash Card also comes with a 0% introductory APR on purchases and balance transfers, allowing cardholders to take advantage of a great deal while they are getting started.
The Benefits of the Old Blue Cash Card
The Old Blue Cash Card is an excellent choice for those who are looking for a straightforward rewards program. Cardholders will earn up to 5% cash back on their purchases, with no annual fee to worry about. This is an especially attractive option for those who are looking to maximize their rewards without having to pay an annual fee. Additionally, the 0% introductory APR on purchases and balance transfers makes it easy for cardholders to get a head start on their spending.
The Old Blue Cash Card also comes with a variety of other benefits, including a complimentary extended warranty on purchases, purchase protection, and car rental insurance. These benefits can help cardholders save money and enjoy peace of mind when making purchases.
Points of View on the Old Blue Cash Card
The Old Blue Cash Card is a great choice for those who are looking for a straightforward rewards program with no annual fee. The 5% cash back on purchases is a great way to maximize rewards, and the 0% introductory APR on purchases and balance transfers is a nice bonus. The extended warranty, purchase protection, and car rental insurance are all nice touches, as they can help cardholders save money and enjoy peace of mind when making purchases.
However, it's important to note that the Old Blue Cash Card does have a high APR after the introductory period. This means that cardholders will need to be mindful of their spending and pay off their balance in full each month in order to avoid paying interest charges. Additionally, the rewards structure is limited, so it may not be the best choice for those who are looking for more flexible rewards.
Conclusion
The Old Blue Cash Card from American Express is a great choice for those who are looking for a straightforward rewards program with no annual fee. The 5% cash back on purchases is a great way to maximize rewards, and the 0% introductory APR on purchases and balance transfers can give cardholders a head start on their spending. However, it is important to note that the high APR after the introductory period means cardholders will need to be mindful of their spending and pay off their balance in full each month in order to avoid paying interest charges.
If you're looking for a straightforward rewards program with no annual fee and the potential to maximize rewards, the Old Blue Cash Card may be the right choice for you. We invite you to explore the card and decide if it would be a good fit for your spending needs.