American Express Blue Cash Preferred

American Express Blue Cash Preferred card art
Our Take

This is the perfect card for people that spend more on groceries than on eating out. The cash back rate at the supermarket is unbeatable. And while the annual fee may trigger some minor sticker shock, it easily pays for itself if you spend even a moderate amount at the store each week.

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Learn Moreand find out how you can apply here

Features

Everyday Rewards

1%

Annual Fee

$95

Groceries

6%

Gas

3%

Store

3%

Annual Fee
$95
Balance Transfer Fee
Either $5 or 3% of the amount of each transfer, whichever is greater.
Why We Like It:

"6% cashback on U.S. groceries"

Recommended Credit:
690
850
Excellent and Good Credit

Our Review

If you want a credit card with a low cash back threshold, plus cash back on everyday purchases like groceries or gas, the American Express Blue Cash Preferred card may be a good choice. Not only do you get cash back for buying everyday items with your card, you could also qualify for some introductory perks.

Even after any intro period incentives are over, the variable interest rate range is very competitive. It offers one of the lowest interest rates for those with excellent credit. But interest rates can change, so it’s important to understand other places where this card can offer value.

With 6% cash back rewards at local supermarkets, it’s a great incentive for families that cook and eat at home often. You can also get cash back at gas stations and even department stores. Just make sure you’re using your cash back bonuses. If you plan to, the Blue Cash Preferred by American Express is a great choice!

Highlights
  • After spending $1,000 in purchases, you will earn a $250 statement credit.
  • Receive 6% cash back at US grocery stores (up to 6,000 per year, then 1%).
  • 6% back on select US streaming services (Spotify, Netflix, Hulu, HBO, ShowTime, Pandora, apple music, amazon music or video **not prime membership*  (refer to American Express Website for full detailed list if need be).
  • Receive 3% cash back at  US gas stations.
  •  3% back for ground transportation only (bus, train, ferry etc. not airlines).
Ratings

Cashback Reward

4.5

Intro APR

4

Balance Transfer Fee

4

Annual Fee

2

Overall

3.5

Overall
3.5
Learn Moreand find out how you can apply here

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