In the past, one of the very little “drawback” of the Blue Cash Credit Card is the fact that you cannot check how you’ve actually earned your cash rebate.

Well, American Express have now remedied that situation by having a page where you can login and check how much cash rebates you have earned so far in your calendar year. They have even broken down your expenditure by categories so you can tell how much rebates you have earned from say, gasoline expenditure.

You will also know if you have passed the $6,500 threshold to earn the maximum rebates. I think this is a fantastic improvement and I’m pretty pleased that I can now check my expenditure breakdown. Here are some of the other neat features :

1. You can set a target on how much cash rebates you want to earn! - Like we all like to spend more on our card. Hmmm! Is this a good thing or not. But hey, if you are disciplined, why not key in your target and see how fast you reach it. I’m sure American Express wants you to set high targets.

2. Cash Back Calculator - Amex has also put a link to their cash rebate calculator so you can estimate how much you are going to earn. However, you can only use that if you already have a card a login and password. If you have not got the card and want to see if it is the best card to have, then head over to our cash back credit card comparison calculator.

3. Shows your cash rebate history and how much you have earned this year - Nice little chart to have.

4. Your year to date spending on the card - I really like this because you can simply check it at a glance on your computer rather than going through your money software or excel.

5. Tells you if you have reached your $6,500 threshold - For those of you who are not familiar with this card, once your annual spending exceeds $6,500, you can earn 5% rebates on gasoline, supermarket and drugstore and 1.5% rebates on other general purchases. There is a sign or section that tells you whether you can earn that higher rebate level. Guess, Amex wants to spur you on your spending!

6. How does your spending compare to other cardholders! - Amex says that the average blue cash card holder spends about 85% on “general purchases” and 15% on “bonus items - the stuff that lets you earn 5% rebates”. My ratio was 80% to 20%. Guess, I make better use of my card?

7.What if calculator - There is also a what-if calculator were you can play around and see the effects on your rebates.

And needless to say, there are various links to other parts of the site. It is a cool page and has a very web 2.0 look. I’ll be doing a screen cast and posting this after this in the next couple of days.

This new improvement in my opinion is great and reaffirms my view that the Blue Cash is the best consumer cash back credit card in the market today.

This entry was posted on Wednesday, March 26th, 2008 at 3:42 am and is filed under American Express Credit Cards. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.