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Blue Sky from American Express
Issued by American Express
Overall Rating

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Review
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, cardholders 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" (cardholders are credited up to $300 for purchases that are non-refundable within 90 days).

The card has a reasonably low interest rate for purchases and has no annual fee. In addition, cardholders 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 important 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.
Updated: 2008-04-25 00:00:00
 
Note: The review on this card was updated on April 25, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
Specifics
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Card Category: Reward - Travel

Introductory Rate : 0.00%

Time Period 6 Months

Applied Towards :Purchases

Introductory Rate Details : A 4.99% introductory rate is available on balance transfers for the life of the loan if a transfer is submitted during the application process.

APR (Purchases) : 10.24% Variable

Annual Fee : $0.00

Annual Details : None

Reward Program Details

Expiration :Points do not expire provided the card remains active and in good standing.

Yearly Limit : None

Points per Dollar Spent : 1 Point

Point Details : Points can be redeemed for cash savings up to the full cost of travel purchases including any flight, hotel, rental car, or cruise, without blackout dates or travel restrictions.

Additional Points : None

Perks / Notations

Additional Perks

Various Internet account related services.
Purchase protection.
Year-end financial statement (online).
Return protection.
Extended warranty for purchases.
Auto rental insurance.
Various travel and emergency assistance services.
Emergency card replacement.
Up to $100,000 in travel accident insurance.
See website for additional benefits.

Important Notations

The APR for purchases varies according to the applicant\'s credit history and will be 4.99%, 6.99% or 9.99% + Prime Rate.
Card is currently unavailable to residents of Puerto Rico.
See website for complete terms and conditions of card usage and application disclosure.

Additional Information

Apply Online for Blue Sky from American Express.

See other cards issued by American Express

Category: Blue Sky from American Express by American Express
 
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