American Express
Blue Cash Preferred® Card
Key Features
| Annual Fee | $95.00 |
| Sign-up Bonus | Up to $300 Cash Back |
| Rewards Rate | 1%-6% Cash Back |
| Intro APR | 0% intro APR on purchases and balance transfers for 12 months from the date of account opening, then a variable APR, 19.49% to 28.49%. |
| Regular APR | then a variable APR, 19.49% to 28.49%. |
| Network | American Express |
About this card
The Blue Cash Preferred Card is an excellent choice for consumers, meriting an overall rating of 4.3. The card's strengths lie in its exceptional rewards program, particularly the high cash-back rates on groceries and streaming services, aligning well with everyday spending for many households. The welcome offer and additional perks like the Disney Streaming Credit further enhance its value. American Express's strong brand reputation and customer service contribute positively to the overall experience. However, the card is not without its drawbacks. The $95 annual fee is a significant consideration, although it can often be offset by the rewards earned. The regular APR range is relatively high, making it less attractive for those who carry a balance. While the card boasts high rewards in specific categories, its rewards on other purchases are limited to 1%. Overall, the Blue Cash Preferred provides substantial value for its target audience, making it a highly competitive card in the cash-back market.
Pros & Cons
What's great
- Generous sign-up bonus
- Intro APR period
- High rewards rate
- Cashback on purchases
Things to consider
- Annual fee
- High regular APR
- Limited rewards categories
What this card offers
Sign-up bonuses
- AS HIGH AS $300 Cash Back after you spend $3,000 in purchases on your new Card within the first 6 months of Card Membership.
- Welcome offers vary and you may not be eligible for an offer.
Rewards
- 6% CASH BACK On Groceries Up to $6,000 per year in purchases at U.S. supermarkets.
- 6% CASH BACK On Select Streaming Subscriptions on select U.S. streaming subscriptions.
- 3% CASH BACK On Transit Transit includes taxis, rideshare, parking, tolls, trains, buses, and more.
- 3% CASH BACK On Gas At U.S. gas stations.
- 1% CASH BACK On Other Purchases Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
Other features
- $120 Disney Streaming Credit Get up to a $10 monthly statement credit, up to $120 annual value, after using your enrolled Blue Cash Preferred® Card for a subscription purchase, including a bundle subscription purchase, at DisneyPlus.com, Hulu.com, or Stream.ESPN.com U.S. websites. Subject to auto-renewal
- Cash Back at Amazon.com checkout Shop now and conveniently use cash back at checkout at Amazon.com.
- Send & Split® With Send & Split®, you can send money and split purchases with any other Venmo or PayPal user, directly from the Amex App. Enroll today. Terms apply.
- Amex Special Ticket Access Card Members have access to purchase tickets through Amex Presale Tickets and Amex Reserved Tickets to select can't-miss events and moments across sports, music, and more. While Supplies last, not all seats may be offered.
- Earn More with Amex Offers Card Members can explore the Amex Offers available to add to their eligible Card and earn extra rewards on qualifying purchases made at select brands.
Additional Notes
Know if you're approved with no credit score impact