Selecting the best credit card can indeed be a difficult and complex question due to the existing variety in the market. Of these, the Blue Cash Everyday® Card from American Express deserves attention due to its many nice features and fairly liberal conditions. 

As a card meant for average Nigerians the Blue Cash Everyday® Card comes with rewards and features which enhance the management of one’s finance. Having established the general functions of this card in the previous section, in this article, we will focus on detailing this card and how it can work for you. 

Key information about the credit card

How does the annual fee work? 

Thus, one of the main benefits a Blue Cash Everyday® cardholders attain is that they do not have an annual fee to pay. This is essential to several consumers because it makes them able to feel the benefits of the card without having to worry over another yearly charge.

How is the credit limit determined? 

Credit limits on the Blue Cash Everyday® Card vary dependant on your credit history and profile, income, and credit limit. When it comes to such conventional credit cards like this one, the firm usually assesses your creditworthiness, and other financial details to determine an appropriate credit limit.

Advantages of the credit card  

• 3% cash back on groceries: Get 3% cash back at U. S. supermarkets on the first $6,000 in combined purchases of supermarkets and grocery stores, then 1%. 

• 3% cash back on U. S. online retail purchases: Get 3% cash-back on your U. S. Internet, telecommunication and mail-ordered purchases, for the first $6,000 per year, and 1% thereafter. 

• 3% cash back on gas: Earn 3% back in cash at U. S. gas stations, on the first $6,000 worth of purchases per year 1%. 

• $200 welcome bonus: $200 statement credit after you spend $2,000 on purchases within the first 6 months. 

• Introductory APR: It comprises of 0% interest rate on purchases and balance transfers for the initial 15 months on the creation of the account. 

Standout advantage 

Another notable feature/ strength that goes to its credit is that Blue Cash Everyday® Card offers high cash back on all purchases. Groceries, U. S. online retail purchases, and gas station net cardholders 3 % cash back making it possible for customers to save on everyday spending.

Disadvantages 

• Foreign transaction fee: Tells you a fee will be charged on transactions transacted in other countries other than the U. S. 

• Cash back limits: The 3 % cash back is offered up to a maximum of $6,000 a year for each category. 
• High variable APR: Subsequently, the APR varies within 19 and depends on a number of factors During the introductory period it equals to 00. 24% to 29. 99%. 

A standout disadvantage 

One of the downsides of the Blue Cash Everyday® Card is its foreign transaction fee. This fee can be seen as a significant drawback, especially when compared to the increasing number of credit cards that no longer impose such charges. For frequent travelers or those who make a lot of international purchases, this fee can add up quickly, making the card less attractive despite its other benefits.

Who can apply for this card? 

However, the following are the qualifications that one has to fulfill for the Blue Cash Everyday® Card application. First of all, It wants the applicant to be of a minimum age of 18 years. Also, having a good/excellent credit score is recommended to boost chances of approval for pension product among the applicants.

Consistent income flow is also required so that it could be proved to the lending authority that they will be paid back in equal installments. Also, candidates should make sure that their credit record is not spotted with any major nonsatisfaction or nonpayment. There is also a mention of the fact that such a card is not offered to clients with a bad credit history.

How to apply for the Blue Cash Everyday® Card 

For the website 

To apply, one must go to the American Express official website then, follow the guide and look for the Blue Cash Everyday® Card. Here, there is a button labelled as ‘Apply Now’ that leads to the application form. Enter your basic private information such as your name and address and your Social Security number.

It will therefore also be necessary for you to furnish details of your sources of income and your employment status. After this form is filled, you should submit it. Once the card issuer receives your application, they will review it and let you know if you have been approved or not, this normally takes a few minutes. After approval, the card shall be mailed to you within 7-10 business days. 

Through the app 

Another easy way that a user can apply for the credit card is through the American Express app. First of all, go the application store of your device’s operating system and download the app, then sign up if you don’t have an account or log in if you do. Go to the ‘Credit Cards & Line of Credit page’ and then click on ‘Blue Cash Everyday® Card’.

It also means that the application procedure will be explained to you through the app and you will be asked to fill in your details and the details of your finances. Once you have submitted the application, you will get a notification of your status in the application. The application also embraced the feature of tracking delivery of the new card in case your application is approved. 

At the branch 

In case you would rather go for the physical mode of application, you can go to an American Express branch. A representative will be assigned to talk to you and submit an application form to you. The job applicants are required to complete the form, which will contain their personal and income information followed by the necessary documents as a proof of income, as well as the identification documents. 

The representative will process your application and contact you further to let you know further actions. Applying in person is also more effective since the applicant can forward questions that he/she might have in regards to the card or the benefits accompanying it to the representative.