Editor’s Note: Thank you for your interest, this offer expired and is no longer available.
This is just a quick note to let you know that American Express is offering a $100-$200 bonus signup bonus on their Blue Sky from American Express and Blue Sky Preferred from American Express cards. Here’s the scoop…
Simply apply for one of these cards, get approved, and spend $1, 000 or more on eligible purchases within the first three months of card membership. You can get a 7, 500 point (Blue Sky) or 15, 000 point (Blue Sky Preferred) bonus redeemable for a $100 or $200 statement credit, respectively. Welcome bonus offer not available to applicants who have had this product within the last 12 months or any other Consumer Blue Sky Card account within the last 90 days.
The Blue Sky card gives you one point per dollar spent with no annual fee whereas the Preferred card gives you double points for dining purchases at U.S. restaurants, hotel rooms, and car rental expenditures — but the preferred has a $75 annual fee.
Here’s the catch… The statement credits can only be applied against “eligible purchases, ” which include airline tickets, hotel stays, and car rentals. But at a conversion rate of 7, 500 points per $100, that’s an effective rate of 1.3% on all purchases (and 2.6% on doubled purchases). That’s not too bad if you’re a frequent traveler.
Both cards offer 0% introductory APR on purchases for the first 12 months. We never carry a balance, so that’s a non-issue for us, but some might find it attractive.
If you are interested in applying for the Blue Sky from American Express card click “Apply Now” for additional information and for the terms and conditions and any restrictions that may apply.