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RATING

Blue Cash Preferred® Card from American Express

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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.

Enrollment required for select benefits; terms and limitations apply.

American Express is a Credit Card Insider advertiser.

(Rates & Fees)

Our rating
Min. credit level: Good
Annual Fee: $0 introductory annual fee for the first year, then $95
Regular APR: 13.99% - 23.99% Variable
Intro Purchase APR: 0% on purchases for 12 months

Blue Cash Preferred® Card from American Express

Our rating
Good Min. credit level
$0 introductory annual fee for the first year, then $95 Annual Fee
Apply Now Read Our Review

Highlights & Features

(Rates & Fees)

Rewards

Spending Rewards
  • 6% cash back:
    • U.S. supermarkets (up to $6,000 spent annually, then 1%)
    • Select U.S. streaming services
  • 3% cash back:
    • U.S. gas stations
    • Transit
  • 1% cash back on other eligible purchases
Introductory Bonus
  • $300 statement credit for spending $3,000 in the first 6 months

Balance Transfers

A balance transfer is a way to move debt from one 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
How to Transfer a Balance on a Credit Card

Fees

Penalty APR 29.99% 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
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your 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
How to Get a Cash Advance with a Credit Card

Card Benefits

SECURITY
  • Zero Liability on Unauthorized Charges
TRAVEL
  • Auto Rental Insurance
Blue Cash Preferred® Card from American Express

Highlights

(Rates & Fees)
  • Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
  • $0 intro annual fee for the first year, then $95.
  • Buy Now, Pay Later: Enjoy $0 plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 12 months after account opening. Plans created after that will have a plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low intro APR: 0% for 12 months on purchases from the date of account opening, then a variable rate, 13.99% to 23.99%
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • Terms Apply.
ABOUT THE ISSUER

American Express

American Express has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-800-243-3888 or

Try a different phone number
See all Issuer Cards

The 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.

There’s another version of this card, the Blue Cash Everyday® Card from American Express (Review), 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.

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