American Express Blue Details:
Launched in the mid-90's, Blue from American Express has become the most popular revolving balance credit card in the American Express portfolio. Those with good to excellent credit are rewarded for their responsibility by receiving a 0% APR for up to 15 months. In today's market this is an extreme rarity as most 0% terms only last up to 12 months at the most. This APR applies only to purchases. For balance transfers, the APR is fixed at 4.99%.

Fixed 4.99% Balance Transfer Rate:
This is an excellent deal. As a customer-first philosophy toward lending, American Express realizes that many people are transferring balances because they need time to pay them off, which may take more than typical 6-12 month terms. The 4.99% rate, though it doesn't come with an interest free grace period benefits those who need time to pay off their balance while also providing them with interest free spending power for up to 15 months. Note that on the secure American Express Blue application, there is a box to check that states that you would like to benefit from this fixed balance transfer rate.

Membership Rewards Program:
In addition to low interest rates an 0% terms, Blue from American Express also allows you free enrollment in their Membership Rewards program. This is a fee-free program where you will earn 1 point for every dollar spent on purchases. As points accrue, you will then be able to manage your points online. Points are redeemable for gift cards, frequent flyer miles through partnerships with Delta and other major carriers, cash back, American Express gift cards, or shopping on the Membership Rewards website.

An added perk is that American Express Blue offers instant online approval in less than sixty seconds and comes with the ability to transfer balances instantly online. You may compare this offer to all available American Express credit cards by visiting the American Express section of our website.