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The upgraded version of the highly rewarding Blue Cash Everyday from American Express, the Preferred card offers even more cash back at U.S. supermarkets and U.S. gas stations. It does, however, come with an annual fee, but you might hardly notice it after taking advantage of the handy benefits and high cash back value the card provides.
American Express is a Credit Card Insider advertiser.
Spending Rewards |
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Introductory Bonus |
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A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.
Intro Balance Transfer APR | N/A |
Regular Balance Transfer APR | 13.99% - 23.99% Variable |
Balance Transfer Fee | N/A |
Penalty APR | 29.24% Variable |
Late Fee | Up to $40 |
Returned Payment Fee | Up to $40 |
Additional Cards Annual Fee | $0 |
Foreign Transaction Fee | 2.7% of each transaction after conversion to US dollars. |
Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.
Cash Advance APR | 25.24% Variable |
Cash Advance Fee | Either $10 or 5% of the amount of each cash advance, whichever is greater. |
American Express has several card types depending on your needs.
You can usually pay your bill online on your
Credit card issuer's websiteThe Blue Cash Preferred® Card from American Express has got a lot going for it.
This is probably the best credit card for buying groceries, with 6% cash back at U.S. supermarkets (on up to $6,000 per year, then 1%) and on select U.S. streaming services. 3% cash back is earned at U.S. gas stations and on transit.
It comes with an annual fee of $95 (Rates & Fees).
There is also a Blue Cash Everyday® Card from American Express (Review) version of this card with no annual fee, but lower reward earnings (Rates & Fees).
Both of these cards feature contactless technology, allowing for quick tap-and-go payments.
For rates and fees of the Blue Cash Everyday® Card from American Express, please click here.