Review
American Express Blue Cash Preferred® Card Review: High Cash Back for Groceries & Streaming
Maximize your everyday spending with the Blue Cash Preferred® Card, offering a stellar 6% cash back on groceries and streaming. Our review reveals if its high rewards truly make the annual fee a worthy investment for your wallet.
American Express
Blue Cash Preferred® Card
| 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 |
| Regular APR | then a variable APR, 19.49% to 28.49%. |
| Other Fees | Foreign transaction fee of 2.7% on each transaction after conversion to U.S. dollars. |
Overview
Pros & Cons
What's great
- Intro APR period
- Generous sign-up bonus
- High rewards rate on everyday spending
- Introductory annual fee waived
- Purchase and travel protections
- Streaming and entertainment perks
Things to consider
- Annual fee after the first year
- High regular APR
- Foreign transaction fees apply
Benefits
Drawbacks
Decision Guidance
Summary
The Blue Cash Preferred® Card earns an overall rating of 4.3, solidifying its position as an 'Excellent' choice, especially for its target demographic. Its strength lies overwhelmingly in its exceptional rewards program, which offers industry-leading...