No. of Recommendations: 0

When discussing your inquiry with AmEx about their 5% rebate card you wrote, In other words, if I charge a lot and do NOT pay it off monthly, presumably then also paying several percent interest/finance charge they eventually levy on me for the balance, they'll turn around and give me 5 percent later!?

Ummm... lemme think now: If I run up a $5,000 tab, pay a little monthly, and pay THEM maybe 12% interest, they then pay ME 5% rebate later? Gee -- such a deal!

Yeah, you hafta wonder sometimes if they assume we're ALL stupid or what! ;#)

Calm down, step back and think about what they're asking you to do. There are usually loopholes to be found if you only look for them.

The AmEx Blue card is potentially the most profitable rewards card available, if you only know the key to leveraging the maximum reward from it. However, you have to be clever about how you pay them back. Here are a couple of discussion threads about strategies to maximize AmEx Blue rewards:

Personally, I find AmEx Blue some what undesirable because at least 50% of my current purchases are made with merchants that do not accept AmEx. That doesn't mean the same is true for everyone though; nor does it mean it will always be true for me.

- Joel
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