www.americanexpress.com/mybluecash

Blue Cash® from American Express (see www.americanexpress.com/mybluecash) is one of the most popular, not to mention best, cashback credit cards on the market.  With Blue Cash, you can earn between .5% to 1.5% on all purchases and 1.5% to 5% on everyday purchases on items such as gas, groceries, and drug store purchases.

In addition to offering a superior cashback rewards program, which we will explore in more detail, Blue Cash also offers a 0% introductory interest rate on purchases for up to 1 year as well as fixed 4.99% APR on balance transfers until the balances are repaid.

While the promotional APRs provide good value, it is the cash back program that stirs the most interest in Blue Cash.  Here, we will look at an example of how much cash back can be earned over the course of a year based on the following spending assumptions:

$200/month on gas

$600/month on groceries

$1000/month on all other purchases

Using this spending pattern, Blue Cash cardmembers would earn $511 in cash back over the course of a year on about $21000 of expenses.  Compared to a standard cashback card that offers 1% rewards, using Blue Cash would earn you more than double the cash rewards.  This is the main reason Blue Cash stands out as a leader among cash back offers.

For more information on Blue Cash, please see the cashback credit card section of SmartCreditChoices or visit www.americanexpress.com/mybluecash.