Edward C. answered 02/26/20
Caltech Grad for math tutoring: Algebra through Calculus
Your first 2 explanations are correct. The probability is 2/3.
In your 3rd explanation using fractions, you left out the possibility of pulling the blue card first (with probability 1/3) followed by pulling a red card second after pulling a blue card (with probability 1). Multiplying these together gives 1/3, which must be added to the 1/3 you calculated of drawing red first and blue second to give the overall probability of getting one of each color as 2/3.
Another way of looking at the problem is to realize that picking 2 cards is equivalent to NOT selecting 1. Each of the 3 cards has an equal 1/3 chance of not being selected. If you don't select 1 of the 2 red cards (which happens with probability 2/3) then you must have selected one card of each color. If you don't select the blue card (which happens with probability 1/3) then you selected 2 red cards.