Blue Sky Preferred Card from American Express Review

The Blue Sky Preferred Card from American Express is a travel rewards card designed so members can earn points fast and cash them in for free travel. The card offers a special introductory rate on purchases and offers a special bonus offer for new cardmembers. With the card you can travel when you want to because there are not blackout dates or travel restrictions. You can earn as many points as you would like and then cash them when your ready. This card is designed for those who are seeking a travel rewards card and for those with good to excellent credit. Here are some of the card benefits:

• 7,500 bonus points – redeemable for a $100 statement credit
• 2X points on all dining, hotel, and car rental purchases, and 1 point per dollar for all other eligible purchases
• $100 annual Airline Allowance to cover baggage fees and other incidental in-flight purchases
• The points you earn are good for any airline, hotel, cruise, or car rental, anytime – no blackout dates, no travel restrictions
• Flexibility to pay over time
• 0% intro APR on purchases for 6 months

Rates and Offers
The Blue Sky Preferred Card from American Express offers cardmembers a special introductory rate of 0% for the first 6 months on purchases. After the introductory period the rate will be either 17.24%, 19.24%, or 21.24% based on your creditworthiness. This applies to both purchases and balance transfers. The APR for cash advances is always 25.24% and the penalty APR is 27.24%. The penalty APR will apply if you make one or more late payments or make a payment that is returned. If the Penalty APR is applied for any of these reasons, it will apply for at least 12 billing periods in a row, and will continue to apply until after you have made timely payments, with no returned payments, for 12 billing periods in a row. All rates may vary based on changes to the prime rate.

Earning Rewards
You can earn points for virtually everything you buy with your Blue Sky Preferred Card. There are no expiration dates or limit on the number of points you can earn. You can redeem your points for travel rewards without seat restrictions or blackout dates which means you’re free to travel anywhere, anytime, on any airline. When your points build up,you can choose to redeem for a statement credit on any travel purchase that you book. You will earn double points (one (1) point plus one (1) bonus point) for each $1 of eligible hotel, rental car and restaurant purchases charged on your Blue Sky Preferred from American Express. Eligible purchases do not include balance transfers, convenience checks, interest charges, fees, cash advances, purchases of American Express Gift Cards or Travelers Cheques or purchases of other cash equivalents. For every 7,500 points you redeem, you’ll receive $100 applied as a credit on your next statement.

Bonus Points
The card offers new members a bonus of 7500 welcome points after you charge your first $500 to you Blue Sky Prefferred American Express card within 60 days. The 60-day period is evaluated from the date your Blue Sky Preferred Card is issued to the date ending 60 days thereafter. Qualifying purchases must appear on a billing statement without being subject to a purchase credit. Bonus points will be awarded 6-8 weeks after first $500 of spend appears on your monthly billing statement. This offer is valid for first-time Blue Sky Preferred Cardmembers only.

Additional Member Benefits

• Get a $100 airline allowance: Enjoy a $100-per-year airline allowance to use on incidental fees on items like checked baggage, in-flight meals, entertainment, headphones, blankets, and pillows.
• Get help worldwide with Global Assist®: Rely on us 24/7 for medical, legal, financial, or other emergency assistance while traveling more than 100 miles from home.
• Get added protection for you and your family: Have one less thing to worry about with up to $100,000 in Travel Accident Insurance.
• Get access to cash when you need it: Enjoy access to cash, up to your cash-advance limit, at over 500,000 ATMs worldwide with the Express Cash feature
• Renting a car: You are automatically covered if your rental car is damaged or stolen when you use your Card to reserve and pay for an auto rental.

Blue Sky Preferred Fees
There are fees associated with using the Blue Sky Preferred Card from American Express. To see a complete list you should refer to the card terms and conditions. You can apply for the card online today. The table below highlights some of the card fees.