topic Re: AMEX: Blue vs Blue Cash vs Clear in Credit Cards

AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:09:32 GMT

What are the differences between these cards, as far as requirements and benefits?

From what I can tell, Blue has no cash back, and doesn't seem to have better APR than Blue Cash.

Blue Cash is basically a 1% cash back card (unless you're prone to spending a lot more than $6,500 in a year), but 1% is still better than nothing. The APR seems similar to Blue, making me wonder why people would want the standard Blue.

Clear is basically 1% also, except there are no "everyday purchases" limitations like the Blue Cash (which earns only 0.5% on non-everyday purchases). You get a $25 AMEX gift card of sorts instead of actual cash, which to me seems pretty cool.

One a certain website I went to (I think creditcards.com), it said that AMEX Blue requires "excellent credit," while Clear requires "good credit."

Why the difference? Which one do you think is best?

P.S. Is the Costco AMEX a "real" AMEX? Will it help you build history with the company, or is it like one of those BofA-issued AMEX cards?

Message Edited by smoothjk on 07-23-2008 01:09 PM

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:14:36 GMT

That's not quite right.

As far as rewards:

Blue earns Membership Rewards Express points. These points are good for all the same things as regular Amex Membership Rewards except frequent flier miles, and perhaps a few other restrictions.

Blue Cash earns cash back according to the following schedule:

Annual spending up to $6500:

Everyday purchases: 1%

All other purchases: 0.5%

Annual spending $6500.01 and up:

Everyday purchases: 5%

All other purchases: 1.5%

There is also Blue Sky, which earns points that can be redeemed at a rate of 7500 points per $100 statement credit towards eligible travel-related purchases. This represents a 1.33% rewards rate.

Clear earns a straight 1% in the form of Amex gift cards.

None of these cards has an AF. Clear has no fees of any kind associated with it, including BT fees, OTL fees, or late payment fees (although you shouldn't be going over the limit or paying late anyway).

Clear used to be the more difficult of these cards to get, although it appears standards have loosened a bit on Clear lately. Blue is probably slightly easier to get than Blue Cash. Blue Sky is about on the same level as Blue.

Message Edited by cheddar on 07-23-2008 01:14 PM

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:14:13 GMT

Hey there. I have both the Blue, The Clear and the Blue Cash.

I really love the clear. I have gotten a few gift cards (They are American express Gift Cards which can be used anywhere!)

The Blue is a points system and the redemption value is, in my opinion, horrible. It earns more like .5% For example a $25 gift card costs 5000 points, where with the Clear it only costs 2500.

As far as the Blue Cash, if you really spend a lot on everyday items it can be a really great card, but by my calculations you have to really put about $1.5K through it (at least once a month) for it to really outweigh other cash back rewards cards.

I do not spend that much normally especially on everyday spending. So my favorite is the clear. I hope this helps.

I personally do not have the Costco one, so I can't answer that question.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:15:49 GMT

smoothjk wrote:

P.S. Is the Costco AMEX a "real" AMEX? Will it help you build history with the company, or is it like one of those BofA-issued AMEX cards?

Yes, the Costco TrueEarnings Amex is a "real" Amex. It is issued by American Express, not by a different bank.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:16:34 GMT

@Anonymous wrote:

That's not quite right.

As far as rewards:

Blue earns Membership Rewards Express points. These points are good for all the same things as regular Amex Membership Rewards except frequent flier miles, and perhaps a few other restrictions.

Blue Cash earns cash back according to the following schedule:

Annual spending up to $6500:

Everyday purchases: 1%

All other purchases: 0.5%

Annual spending $6500.01 and up:

Everyday purchases: 5%

All other purchases: 1.5%

There is also Blue Sky, which earns points that can be redeemed at a rate of 7500 points per $100 statement credit towards eligible travel-related purchases. This represents a 1.33% rewards rate.

Clear earns a straight 1% in the form of Amex gift cards.

None of these cards has an AF. Clear has no fees of any kind associated with it, including BT fees, OTL fees, or late payment fees (although you shouldn't be going over the limit or paying late anyway).

Clear used to be the more difficult of these cards to get, although it appears standards have loosened a bit on Clear lately. Blue is probably slightly easier to get than Blue Cash. Blue Sky is about on the same level as Blue.

Message Edited by cheddar on 07-23-2008 01:14 PM

The Blue Cash Tier system is wacky....that is why you really need to spend heavily for this to outdo other cash back cards.

Which of these if any do you have Cheddar?

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:18:27 GMT

Thanks guys, your responses were very, very helpful.

Looks like either the Clear or the Costco AMEX for me!

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:19:43 GMT

Your welcome

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:22:29 GMT

miahmarie wrote:

Which of these if any do you have Cheddar?

None, LOL.

I have the Gold Delta Skymiles, and I love that card. Blue Sky is on my radar for next January (or possibly even January 2010). I figure I'll be able to get a lot of free/discounted travel with the combination of SkyMiles for airline tickets and Blue Sky for hotel and rental cars.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:27:32 GMT

@Anonymous wrote:

@Anonymous wrote:

Which of these if any do you have Cheddar?

None, LOL.

I have the Gold Delta Skymiles, and I love that card. Blue Sky is on my radar for next January (or possibly even January 2010). I figure I'll be able to get a lot of free/discounted travel with the combination of SkyMiles for airline tickets and Blue Sky for hotel and rental cars.

But you did very well with the BOA Amex......even if it did get you kicked out of the center. Oh well. How many do you have now? If you don't mind me asking?

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:31:35 GMT

miahmarie wrote:

But you did very well with the BOA Amex......even if it did get you kicked out of the center. Oh well. How many do you have now? If you don't mind me asking?

Thanks! I've had my BofA Amex since April, though. It was the Citi Plat Amex that got me kicked out of the Center.

How many what do I have? Cards in general?

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:33:18 GMT

smoothjk wrote:
Thanks guys, your responses were very, very helpful.

Looks like either the Clear or the Costco AMEX for me!

You're very welcome.

Be aware that the Costco Amex is reputedly one of the toughest Amex cards to get.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:38:05 GMT

Yes Cards in general!

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:41:14 GMT

miahmarie wrote:
Yes Cards in general!

Let's see.

10 in my own name

3 as AU

3 currently on the chopping block

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:42:47 GMT

@Anonymous wrote:

@Anonymous wrote:
Yes Cards in general!

Let's see.

10 in my own name

3 as AU

3 currently on the chopping block

Are you done or is there one more out there you have to have?

Message Edited by miahmarie on 07-23-2008 01:42 PM

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:47:06 GMT

miahmarie wrote:

Are you done or is there one more out there you have to have?

LOL

Sounds like someone I know.

Yeah there are a few more I want, but I'm done for a while. I've said that before, but I really mean it this time. The Citi card I just got gives me 5% on everyday purchases and 3% on everything else for the first two years, so it would be silly for me to get anything else in the meantime and not milk this one for everything it's worth.

That's why I pushed back my plan for Blue Sky from Jan 2009 to Jan 2010.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:49:25 GMT

Wow-super rewards! I would say this card gives you a great reason not to apply for another for at least two years. Hey by then you will also be inquiry free!!

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:52:00 GMT

miahmarie wrote:
Wow-super rewards! I would say this card gives you a great reason not to apply for another for at least two years. Hey by then you will also be inquiry free!!

Yep! Granted, those rewards are in the form of ThankYou points and not cash back, but I redeem my points for gift cards for things I'd buy anyway, like gas cards, for example, so it all works out the same.

Unless some card comes along offering 5% on everything all the time with no catch, I think I'm set for a while.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:53:48 GMT

Sometimes the whole "Everyday Expenses" category is so limited it makes it not even worth it. I noticed that with the Blue Cash which is why I went with the normal Blue card.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 20:54:53 GMT

FretlessMayhem wrote:
Sometimes the whole "Everyday Expenses" category is so limited it makes it not even worth it. I noticed that with the Blue Cash which is why I went with the normal Blue card.

It typically means gas stations, grocery stores, and drugstores.

Re: AMEX: Blue vs Blue Cash vs Clear

Anonymous — Wed, 23 Jul 2008 21:02:38 GMT

@Anonymous wrote:

@Anonymous wrote:
Sometimes the whole "Everyday Expenses" category is so limited it makes it not even worth it. I noticed that with the Blue Cash which is why I went with the normal Blue card.

It typically means gas stations, grocery stores, and drugstores.

Is your 5 percent capped or any other sort of catch? That card sounds better and better with each post.