| The Blue Sky from American Express is a | | | | the loan is paid in full on transfers |
| rewards card designed for those who have | | | | that are initiated when an online |
| very good credit. With this program, | | | | application is submitted. After the |
| cardholders earn one point for every | | | | introductory period, the rate on |
| dollar they spend on every purchase. | | | | purchases is a variable rate of 12.99% |
| There is no limit on the number of miles | | | | and 22.99% variable for cash advances |
| that can be earned, and they do not | | | | contingent upon credit history. There is |
| expire as long as the card is active and | | | | no balance transfer fee, but future |
| in good standing. Points can be redeemed | | | | transfers may incur a fee and will be |
| for any flight, hotel, rental car, or | | | | disclosed at that time. No annual fee is |
| cruise with no blackout dates or | | | | charged for the Blue Sky from American |
| restrictions on travel. Only one | | | | Express Card. |
| purchase can be made at a time in 7,500 | | | | This card is most advantageous to those |
| increments, equivalent for a credit of | | | | who plan to utilize the rewards program |
| up to $100. | | | | and pay in full each month after the |
| There is a 0% introductory rate for | | | | introductory rate expires. It's |
| purchases that is valid for six months, | | | | important to keep in mind that not all |
| and a 4.99% introductory rate for | | | | applicants quality for the introductory |
| balance transfers that is valid until | | | | rate. |