Blue Cash Preferred® Card from American Express Review

Blue Cash Preferred® Card from American Express Review

By Thomas Donaldson, November 11, 2020

Blue Cash Preferred® Card from American Express

(336 reviews)

Current Offer
$300 Welcome Offer & an Intro APR of 0% on purchases for 12 months
  • Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. & $0 introductory annual fee for one year, then $95 (Offer Expires 12/10/2020)
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.
  • $0 introductory annual fee for one year, then $95
  • Good, Excellent
  • AMEX
Product Details
  • Click "APPLY NOW" to apply online
  • Limited Time Offer: Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. Offer Expires 12/10/2020
  • Limited Time Offer: $0 introductory annual fee for one year, then $95. Offer Expires 12/10/2020
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Plan It® gives the option to select purchases of $100 or more to split up into monthly payments with a fixed fee and no interest.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • Terms Apply.

Our Expert Review

Why We Like It


Offer Rating

4.5/ 5

By Our Editorial Team

Key Benefit

Maximize your spending with a market-leading cash back rate in popular spending categories.

Editor

The Blue Cash Preferred® Card from American Express was specifically designed for consumers who spend a lot of money on groceries and gas purchases. Cardholders receive 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions. 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.

By offering up to 6% cash back on a number of popular bonus categories, this card is an excellent option for anyone looking to maximize their cash back rewards. In addition to this, cardholders can kickstart your cash back earnings and earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.

There is a $0 introductory annual fee for one year, then $95 associated with this card, but that's pretty easy to justify when you consider all the cash back it offers. To top it off, there is an intro APR of 0% on purchases for 12 months . After the intro period, the ongoing interest rate is 13.99%-23.99% Variable.

Pros & Cons

Pros

  • Receive a generous limited-time welcome offer after meeting spending requirements
  • Earn up to 6% cash back in a number of popular spending categories
  • Enjoy a lengthy intro APR on purchase

Cons

  • There is an annual cap on the amount of cash back you can earn in the 6% categories
  • No intro APR on balance transfers

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