Blue Sky from American Express
Card issued by American Express
Most Attractive Feature: No annual fee; low introductory rates; free rewards program with no blackout dates or travel restrictions.
Apply online for this card or
read on for a full review of all the features.
The Blue Sky from American Express is designed for those with very good credit and who plan to take advantage of the reward program.
Through the reward program, cardhol_ders receive one point for every dollar spent on all purchases. An unlimited amount of miles can be earned, and miles do not expire as long as the card is active and in good standing. Points can be redeemed for discounts on any flight, hotel, rental car, or cruise, without blackout dates or travel restrictions. Points can only be redeemed toward one purchase at a time in 7,500 increments, which is equal to a credit of up to $100.
In addition to the benefits of the rewards program, the Blue Sky from American Express® offers auto rental insurance, an online year-end financial statement, and a unique service referred to as "Return Protection" (cardhol_ders are credited up to $300 for purchases that are non-refundable within 90 days).
The card has a reason ably low interest rate for purchases and has no annual fee. In addition, cardhol_ders can take advantage of a 0% introductory rate for purchases (valid for six months) and a low 4.99% introductory rate for balance transfers (valid until the loan is paid off). It is import ant to note that the introductory rate for balance transfers only applies to those who initiate a transfer when applying online for the card.
Therefore, those who plan to take advantage of the reward program, pay in full each month after the introductory rate expires (to avoid finance charges), and will take advantage of the common benefits and services provided by American Express® will benefit most from what the Blue Sky from American Express has to offer.
Note: We strongly suggest that you carefully read the Terms and Conditions
statement that accompanies the credit card application.
Last Updated April 25, 2008
*Terms and Conditions
