You also get to earn 6% cash back on select U.S. streaming subscriptions and 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses & more.
In addition, you an earn 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 3% Cash Back at U.S. gas stations; all other purchases earn 1% cash back.
If you don’t want to waste time with the hassle of choosing gift cards or certain rewards, this card is great since you get cash back! It’s one of the best cash back credit cards on the market right now. So if you buy food at the grocery store, wear clothing and drive cars, this card is for you. It has one of the best rewards rate out there for your everyday purchases!
Unfortunately, it comes with a relatively high annual fee of $95 that isn’t waived for the first year. However, if you can maximize the cash back and take advantage of the rewards program, this card will be of excellent use to you.
Table of Contents
Amex Blue Cash Preferred Card Summary
Earning $250 Blue Cash Everyday Bonus
The spending requirement to earn the bonus is $1,000 in purchases within the first 3 months. See what other credit cards are offering.
Here are some ideas on meeting the spending requirement if you need a little help:
|• Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review.|
|• Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank.|
|• Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay.|
|• Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees.|
Earning & Redeeming Cash Back
The Amex Blue Cash Preferred Card features a generous cash back rewards program. You can earn 6% cash back at U.S. supermarkets, up to $6,000 spent per year. Then, earn an unlimited 3% cash back at U.S. gas stations. Finally, earn an unlimited 1% cash back everywhere else, including supermarket purchases above the annual spending cap.
To add even more value, you can now earn 6% cash back on select U.S. streaming subscriptions and 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses & more.
Note that American Express doesn’t include superstores such as Walmart and Target, nor warehouse club stores such as Costco and Sam’s Club, as supermarkets for the purposes of this card.
Redeem your cash back earned for a statement credit, gift cards, and general merchandise. If you’re redeeming for statement credit, there’s a $25 redemption minimum.
Car Rental Loss & Damage Insurance: Use your card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver at the rental car counter. American Express provides secondary coverage if the car is damaged or stolen. Exclusions and restrictions apply.
Global Assist Hotline: When you travel more than 100 miles from home, you have 24/7 access to medical, legal, financial or other select emergency coordination and assistance services. Services include medical and legal referrals, assistance with cash wires, passport replacement, missing luggage and more. You’re responsible for third-party service provider charges.
Roadside Assistance Hotline: Get emergency services in the U.S., Canada, Puerto Rico and U.S. Virgin Islands. Services include towing, changing a flat or boosting a battery. You’re responsible for third-party service provider charges. Vehicle and road exclusions apply.
Travel Accident Insurance: Get coverage for accidental death and dismemberment while traveling on a common carrier when you charge your entire fare to your card. Exclusions and restrictions apply. Common carriers include planes, trains, ships, or buses.
Extended Warranty: Use your Amex Blue Cash Preferred Card for eligible purchases and get up to two extra years added to the original manufacturer’s warranty. Applies to warranties of 5 years or less. Exclusions and restrictions apply.
Return Protection: Seller won’t take back your return? Return eligible purchases to American Express up to 90 days from the date of purchase. American Express may refund the full purchase price, up to $300 per item, up to a maximum of $1,000 per calendar year per account. Refunds exclude shipping and handling. You must have purchased your item entirely with your eligible Amex card. Purchases must be made in the U.S. or its territories.
Purchase Protection: Use your card for eligible purchases. They’ll be covered for theft and accidental damage up to 120 days and $1,000 per occurrence, $50,000 per calendar year.
Complementary ShopRunner: Get free 2-day shipping on eligible items at 100+ online stores with ShopRunner. Enroll in complimentary membership as a benefit of your eligible Card. Enroll now at shoprunner.com/americanexpress.
Entertainment Access: Enjoy exclusive access to ticket presales and Card Member-only events in a city near you.
What I love about the Blue Cash Preferred® Card from American Express is that this card is designed for almost everybody! If you spend money on gas and groceries and shop at department stores, this is the perfect card for you. You’ll not only earn a welcome offer after meeting the spending requirements, but you’ll also get up to 6% cash back!
This card gives you the control to receive a full 6% rewards on groceries up to $6,000 spent annually, an unlimited 3% cash back at U.S. gas stations. 1% cash back on other purchases. This is one of the highest welcome offer if seen so far on this card so be sure to check it out! Find our complete list of Credit Card Promotions today!
Learn more about this card and its features here.
Other Credit Cards To Consider
Alternatives With A Similar Annual Fee:
The Chase Sapphire Preferred® Card offers 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®!
You'll earn 2X points on travel and dining at restaurants worldwide; 1 point per dollar spent on all other purchases. And when you redeem your points for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards, you'll get 25% more value!
The Capital One® SavorSM Cash Rewards Credit Card offers a one-time $300 cash bonus after spending $3000 on purchases within the first 3 months from account opening.
You'll earn an unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Capital One cardholders get access to premium experiences in dining, entertainment and more.
This card does carry a $95 annual fee, however, there is a $0 intro annual fee for the first year.
The Blue Cash Everyday® Card from American Express offers $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
You'll earn 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 2% cash back at U.S. gas stations and at select U.S. department stores, and 1% back on other purchases.
There are no annual fees with this card (See Rates & Fees).
The Chase Freedom Unlimited® Card offers a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening. Earn unlimited 1.5% cash back on all purchases.
There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open.
This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM.
The Capital One® Quicksilver® Cash Rewards Card offers a one-time $150 cash bonus after spending $500 on purchases within 3 months from account opening.
You'll be able to earn an unlimited 1.5% cash back on every purchase, every day with no rotating categories or sign-ups needed to earn cash rewards.
This card comes with no annual fee and no foreign transaction fees which makes this card a viable option for your go-to everyday card.
The Capital One® SavorOneSM Cash Rewards Credit Card offers a one-time $150 cash bonus after spending $500 on purchases within the first 3 months from account opening.
You'll earn an unlimited 3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases with no rotating categories or sign-ups needed to earn cash rewards.
This card comes with no annual fee and no foreign transaction fees.
|Chase SapphireSM Checking||$1,000 Cash||Review|
|Chase Private Client||$2,000 Cash||Review|
|Chase Total Business Checking®||$200 Cash||Review|
|Chase Premier Plus CheckingSM||$300 Cash||Review|
|Chase Total Checking® + Chase SavingsSM||$350 Cash||Review|
|Discover Bank Online Savings||$200 Cash||Review|
|Discover Cashback Debit||$360 Cash||Review|
|HSBC Premier Checking Member FDIC||$700 Cash||Review|
|HSBC Advance Checking Member FDIC||$350 Cash||Review|
|Chase College CheckingSM||$100 Cash||Review|
|TD Bank Beyond Checking||$300 Cash||Review|
|TD Bank Convenience CheckingSM||$150 Cash||Review|
|Huntington 5 Checking||$200 Cash||Review|
|Huntington Bank Unlimited Plus Business Checking||$750 Cash||Review|
|Huntington Bank Unlimited Business Checking||$400 Cash||Review|
|Huntington Bank Business Checking 100||$200 Cash||Review|