Written by Dan 1 years ago
Super simple way to earn travel rewards in the form of statement credits with no yearly fee...but consider other travel rewards credit cards
Review of the Blue Sky from American Express®
As part of the Blue family of cards from American Express, the Blue Sky from American Express® would appear to be a great way to earn travel rewards without paying an annual fee. The first half of that equation is this card's simplicity: earn 1 point for every eligible purchase, no matter what the category.
The second half of what makes this card attractive is that the points you earn — Blue Sky® Points — can be redeemed at a rate of 7,500 points per $100, but here's the catch: that's a $100 statement credit, and it only goes toward travel purchases. That's all well and good if you're planning a vacation, but we think it would also be nice to apply the statement credit to other purchases as well.
The other catch with Blue Sky® Points is that they can only be redeemed in 7,500 increments, so if your points balance is 7,000, you're out of luck until you spend another $500 on the card. That's not the end of the world by any stretch, but most other points currencies have a redemption minimum of 1,000 points or even less, and that flexibility is nice.
The Bottom Line
If you don't want to mess around with bonus categories and/or yearly fees while earning travel rewards, then this card could be for you, but there are better ways to earn travel rewards