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The Blue credit card American Express awards frequent flyer miles with no annual fee. I'ts the card of choice for many living and using credit cards abroad. But now there are better credit cards that I recommend instead of the Blue card. |
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I used and recommended Blue from American Express® for many years. It's a good credit card, but now American Express has some better options. The Blue Sky card lets you earn cash credit rather than frequent flyer miles. It's easy to use the cash credit on the airline you choose without blackout dates and other hassles. You get the equivalent of about 1.3% cash value back. For people who want to quickly earn frequent flyer miles, I can strongly recommend the American Express® Starwood card. You essentially earn 1 mile per $1 spent, and you can transfer the miles to the major airline of your choice. You get up to 3 percent cash value back (in the form of mileage). It's a great deal, but keep in mind the annual fee and hassles of redeeming frequent flyer miles. Why American Express? American Express has good terms, low interest rates and no hidden fees. People who live and travel abroad need to know that most credit cards have currency conversion fees, or they get you in other ways. If you use a Visa or Mastercard in a foreign currency, you will probably pay a 3% to 5% currency conversion fee (1% goes to the card company and another 2% to 4% goes to the bank). American Express charges a flat 2%. That means you would save 2% on foreign spending by using an American Express card rather than a Visa or Mastercard. That's a huge, huge reason to choose American Express. For more details about the best American Express card, read the information on this page. Or skip that and compare a variety of American Express® cards here. |
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