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