By purchase volume, American Express is the world’s leading card issuer. Millions of transactions are processed on a daily basis for high spending cardmembers by American Express. American Express assists small business owners be successful by delivering purchasing power, flexibility, and financial control.American Express provides commercial payment resources and expertise that assists companies manage their costs and save billions of dollars.The company dominates with market leading rewards programs and platforms.American Express operates the world’s biggest travel network as they serve consumers and businesses.American Express is the one company with a strong global presence across the complete payments chain.Instead of from lending fees and revolving credit balances, American Express earns the majority of its revenues from cardmember spending and with business they drive to merchants.American Express cardmembers spend on average about 3.5X above the ones from Visa and 3X above those of MasterCard.Among all the major credit card issuers, American Express has the best credit quality. American Express has the ability to capture and analyze information from the billions of transactions flowing through their network which allows them to create value for their customers.American Express has earned awards for the best customer satisfaction among credit card companies by J.D. Power and Associates 5 consecutive times.
Although there are three different versions of your Blue by American Express credit card, only two of them are really well-liked. One Blue by American Express card is named the Blue Cash Everyday and another Blue by American Express is named the Blue Cash Preferred. Between the 2 Blue by American Express credit cards, if you spend somewhere around $ 30,000 a year on your card then the Blue Cash Preferred is going to be the better option. There’s also a difference within the cash back earning potential between these two Blue by American Express credit cards. The Blue Cash Preferred card earns a higher rate on supermarkets, gas, and department stores. One of then differences between these two Blue by American Express cards is that the Blue Cash Everyday doesn’t have an yearly fee, while the Blue Cash Preferred card carries a $ 75 yearly fee. As far as the 0% introductory APR on purchases goes, both Blue by American Express cards have a 12 month period. These 2 Blue by American Express credit cards differ in their cash bonus. The Blue Cash Preferred card carries a $ 150 cash bonus, while the Blue Cash Everyday card carries a $ 100 cash bonus. The Blue Cash Everyday version has a $ 100 cash bonus, while the Blue Cash Preferred version has a $ 150 cash bonus.