One of the most widely used credit cards in the US is the American Express Blue Card. It is renowned for its lucrative rewards program, travel advantages, and top-notch customer support. However, many people are curious about the cost of this card before applying. The American Express Blue Card has yearly fees and additional costs associated with its use, however it is free to sign up for.
The American Express Blue Card has no yearly charge. This implies that there will be no fee associated with simply carrying the card in your wallet. Nevertheless, additional charges can apply depending on how you use the card. If you use the card outside of the US, there is a 2.7% foreign transaction fee, for instance. If you forget to make a payment, there is additionally a late fee of up to $40.
In the section under “People also ask,” it is stated that certain gas stations take American Express while others do not. Due to higher transaction costs than other card brands, American Express may not be accepted at all gas stations. American Express is accepted at well-known gas station chains like ExxonMobil, Shell, and Chevron.
As a result, American Express is not accepted in some locations. Due to increased transaction fees, certain smaller retailers, particularly those that only accept cash, might not accept American Express. Additionally, compared to other card companies, American Express may not be accepted by as many businesses in some regions.
Thus, obtaining an American Express card with a credit score of 650 is feasible, however it can be more challenging than obtaining approval with a higher score. American Express evaluates your application based on a number of factors, including your credit score. Your income, debt-to-income ratio, and other criteria will also be taken into consideration.
And finally, American Express does not classify Walmart as a supermarket. You won’t get bonus rewards at Walmart if you have a credit card that provides them on purchases made at supermarkets. However, if Walmart is classified as a department shop or another qualifying category, you might still be able to earn rewards.
In conclusion, consumers looking for a credit card with a competitive rewards system and top-notch customer support should strongly consider the American Express Blue Card. Although there isn’t an annual fee for this card, there are additional expenditures to take into account. It’s also possible that not all merchants take American Express, so it’s wise to have a backup card just in case. In general, people looking for a premium credit card with exceptional advantages may choose the American Express Blue Card.
Equifax, Experian, and TransUnion are the three main credit bureaus from which American Express routinely requests credit reports.