By purchase level, American Express is the world’s leading card issuer. Millions of transactions are processed on a daily basis for high expenditure cardmembers by American Express. By delivering purchasing power, flexibility, and financial control American Express helps small business owners succeed.American Express provides commercial payment resources and expertise that assists companies control their costs and save billions of dollars.Concerning industry leading rewards programs and platforms, the company dominates.American Express operates the world’s leading travel network as they serve clients and businesses.American Express is the only company with a strong global presence across the entire payments chain.What makes American Express unique is they make the majority of their revenues from cardmember spending and with all the business they drive to merchants, instead of from lending fees and revolving credit balances.On average, American Express cardmembers spend about 3X more than the ones from MasterCard and 3.5X above the ones from Visa.The company has the best credit quality among all the foremost credit card issuers. 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.For 5 consecutive terms, American Express has earned awards for the best customer satisfaction among credit card companies by J.D. Power and Associates.
When referring to the Blue by American Express credit cards, there are two well-liked variations. One is called the Blue Cash Everyday card and another is the Blue Cash Preferred Card. The cash bonus is a place where these two Blue by American Express card differ. The Blue Cash Preferred card has a $ 150 cash bonus, while the Blue Cash Everyday card carries a $ 100 cash bonus. The Blue Cash Everyday version carries a $ 100 cash bonus, while the Blue Cash Preferred version has a $ 150 cash bonus. Between these 2 Blue by American Express card exists a difference in the cash back earning potential as well. On supermarkets, gas, and department store purchases, the Blue Cash version of the Blue by American Express card earns a higher cash back rate. The Blue Cash Everyday card has no yearly fee, while the Blue Cash Preferred card has a $ 75 annual fee. If you spend somewhere around $ 30,000 a year on your credit card, then the Blue Cash Preferred version would be the better option between these two Blue by American Express cards. Both the these Blue by American Express credit cards offers a 0% introductory APR on purchases for 12 months.
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