
Articles
about Blue Sky from American Express
Blue
Sky from American Express (www.applybluesky.com): Is it the best travel rewards credit
card?
Over the past two years, I’ve seen
airline and
travel rewards credit cards come and go. With the exception
of a few cards, most charged high interest rates and absurd annual
fees that offset any “rewards” that might be earned. On top of
that, many required spending of $35.000 just to get a “reward”.
It was not the best of times for consumers.
Things have changed with the recent introduction of the
Blue Sky credit card from American Express. The Blue Sky
credit card is by and far the best travel reward credit card to
hit the market in years. It not only offers great savings, but
the highest rewards percentage of any card.
The Savings:
Given that most travel rewards cards charge annual fees of
$50-$85, you immediately save a minimum of $50 by using Blue Sky.
That’s no small change. Additionally, the low APR is currently
11.74% (as of 1/17/06), about three to four percent less than
other travel and airline credit cards, which generally charge 14%
to 17%.
Additionally,
Blue Sky also offers a 0% introductory APR on purchases for up to
6 months. These factors make the
Blue Sky from American Express an incredible value for a
rewards credit card.
The Rewards:
Like other travel and
airline reward cards, you earn 1 point for every dollar spent with
Blue Sky. However, 1 point with Blue Sky is worth a lot more than
1 point with any other credit card. Here’s why: it only takes
7500 points to earn $100 towards any travel purchase. That’s the
same as earning 1.33% in rewards on every dollar spent.
In addition to
this great rewards return percentage,
Blue Sky from American Express gives you the freedom to save
on any flight, hotel, rental car, or cruise-at any time, without
blackout dates or travel restrictions.
Clearly, its
time to cut-up your old travel rewards credit card to make room in
your wallet for Blue Sky, the new, high yielding, no annual fee
rewards credit card we’ve all been waiting for.
Apply for the Blue Sky Credit Card from American Express
www.applybluesky.com
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