Why We Recommend This Card:
- $0 introductory annual fee for one year, then $95
- Generous sign-up bonus offer for new cardholders
- Industry-leading Cash Back rates with on the things you buy most
The Blue Cash Preferred® Card from American Express is the unsung hero in the American Express card portfolio and the perfect card for families, streamers, and road warriors.
Spectacular Value: Earn Up to $350 Back & $0 Intro Annual Fee
Earn 20% back on Amazon.com purchases on the Card within the first 6 months of Card Membership, up to $200 back. Plus, earn a $150 back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. Thats an enormous cash bonus, especially when you consider that you pay no annual fee in the first year! That's right – the Blue Cash Preferred® Card from American Express now comes with $0 introductory annual fee for one year, then $95.
But the rewards you earn on purchases take this cash back card to the next level. As illustrated below, you can easily make several hundreds of dollars a year in cash back from this card. Personally, my family and I generate $500+ a year in cash back rewards from this card.
Massive Supermarket Savings
The reason most people have this card is to save money on groceries. You get 6% cash back at U.S. supermarkets, on up to $6,000 a year in spending. After you hit the cap, supermarket spending earns 1%. Terms apply.
That means if you spend at least $125 a week on groceries, toiletries, and other household goods at supermarkets then you’ll max out this 6% reward. Worth $360 a year in cash back alone. Don’t worry, once you max out this reward, you’ll still earn 1% on these purchases.
Stellar Streaming Rewards
You’ll earn 6% cash back on popular streaming services such as Hulu, Netflix, Pandora or Spotify. By paying with the Blue Cash Preferred® Card from American Express for these services you’ll earn an unlimited 6% cash back. Terms apply, such as whether or not you purchase the service direct, bundled, or through a third party.
Terrific Transit Rewards
The Blue Cash Preferred® Card from American Express offers unlimited 3% cash back on transit purchases. These include taxis, rideshare, parking, tolls, trains, buses and gas from U.S. gas stations. Unlike the industry-leading 6% at U.S. supermarkets above, this category has no cap. Therefore, if you spend around $210 a month on transportation (like most Americans) you’ll earn $75 a year in cash back from this category, but really your earning potential is unlimited.
0% Intro APR
The Blue Cash Preferred® Card from American Express also comes with 0% on purchases for 12 months . If you have a big purchase coming up or many purchases (think birthday or holiday presents & travel) this 0% Intro APR lets you pay them over time without having to worry about credit card interest piling up. After the intro period is up, the ongoing APR will be 13.99%-23.99% Variable depending on your creditworthiness.