**Update: Offer is now up to $350 back. **
American Express has rolled out an upgraded offer for the ‘Blue’ cashback card, their answer to the Chase Freedom card.
The Blue Everyday cashback card usually offers $100 as a sign up bonus, the sign up bonus is awarded as a statement credit. In order to receive the $250 ‘promo’ you would only need to spend $1,000 on your card in 90 days. (only $11 a day). Once you meet the minimum spend threshold Amex will post a $250 statement credit to your account. Free money! If you need some help meeting your minimum spend, read my post here.
If you purchase a $1,000 laptop as soon as you received the card, you would only owe $750 to American Express when everything settles, sounds like a great deal to me!
This card has NO ANNUAL FEE EVER! That means you can keep this card and earn solid cash back for years to come. Speaking of cash back, this card will earn you 3% cash back on groceries and 2% back on gas. If for one year you spent $500 a month in groceries and $150 in gas, you would earn $216 cash back, just for using this card on gas and groceries! That does not include the normal 1% you will earn on all other transactions.
How do I get this $250 offer? I recommend pasting this link, https://www.americanexpress.com/us/credit-cards/blue-cash-everyday, in an unused web browser so that you won’t have “cookies” saved for the old offer. In short, American Express will sometimes show an old (lesser) offer if you have visited their site before, don’t ask me why! To get around this you can copy the link above in a web browser you don’t use or you can go into private browsing mode (incognito).
How to go into private browsing mode (no cookies or history – mode)