American Express Blue Sky

Est Annual Rewards, Net
$287
of Blue Sky Points
 American Express Blue Sky Credit Card
Reward RateReward DetailsAnnual Fee & PromosAPR, variableIntro APR Promotions
1.33%
  1. Earn 1.33% on purchases
  1. Every 7,500 points that you earn can be redeemed for a $100 statement credit towards any airline ticket, hotel stay, or car rental
 Fee:$0
Promo: None 		Min Apr: 17.24%
Max Apr:21.24%
Default: 27.24%
Cash Adv: 25.24% 		Purchase:0% for 6 mos.
Transfer:None
Card Details
  • 0% Intro APR for 6 months on purchases
  • Earn 1 point for every dollar you spend
  • Points good on any airline, hotel, car rental and more
  • No blackout dates or travel restrictions
  • Express Approval. Get a decision in less than 60 seconds
Finance Charge Calculator
Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.
Finance Charge, Balance Transfer*
TypeInterest
Balance Transfer Fee, 3.0%$300
APR, 36 months$6,913
Total$7,213
* calculations assume a balance transfer of $10,000 over 3 years.

Effective Annual Rate for Balance Transfers of 19.8% includes transfer fees and APR promotions. EAR>APR because APR is compounded monthly while EAR is compounded annually.

Effective Annual Rate, Purchases
Promo EAR, 6 months0.00%
Ongoing EAR, 30 months18.67%
Total EAR, 36 months15.33%
APR Rankings
APR 17.24% ranks # 285 out of 313 cards. Average is 13.66%.
Balance Transfer Fee 3% ranks # 46 out of 305 cards. Average is 3%.
Cash Advance APR 25.24% ranks # 262 out of 304 cards. Average is 22.19%.

Rewards Rankings
Annual Fee $0 ranks # 1 out of 322 cards. Average is $19.
Base Reward Rate 1.33% ranks # 13 out of 248 cards. Average is 0.95%.
Effective Reward Rate 1.33% ranks # 24 out of 248 cards. Average is 1.04%.
Sign-up Bonus $0 ranks # 317 out of 317 cards. Average is $35.

Rewards Type: Blue Sky Points
Signing Promotion
 $0
Estimated Annual Rewards
$21,600 * 1.33% 		$287
Annual Fee, 3 yr avg
 $0
Annual Rewards (Rewards less Fees) $287

NerdWallet's Review

Blue Sky offers a step up from generic 1% travel cards. The rewards rate is effectively 1.33% because every 7,500 points you accumulate give you $100 in credit towards your next travel purchase. Also, the credit is effectively cash as opposed to less flexible points. In addition Blue Sky offers year-round discounts at brands like Hertz and Marriott.

You should consider a Wyndham Rewards or Hilton HHonors card offer superior reward rates if you know for sure that you will be staying at one of their hotels.

In conclusion, if you want above average travel rewards, and demand a highly flexible manner in which to spend them, Blue Sky is a great choice. If you carry a balance, or know for certain you are going to be staying at a particular hotel chain, it is worth exploring alternatives.

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