Blue Cash Preferred® Card from American Express
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Blue Cash Preferred® Card from American Express
Highlights & Features
(Rates & Fees)Rewards
- 6% cash back:
- U.S. supermarkets, up to $6,000 per year in purchases (then 1%)
- Select U.S. streaming subscriptions
- 3% cash back:
- U.S. gas stations
- Transit
- 1% cash back on all other purchases
INTRODUCTORY BONUS
$250 statement credit for spending $1,000 in the first 3 monthsBalance Transfers
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 | 0% for 12 months |
| Regular Balance Transfer APR | 14.49–25.49% Variable |
| Balance Transfer Fee | Either $5 or 3% of the amount of each transfer, whichever is greater. |
Fees
| Penalty APR | 29.99% Variable |
| Late Fee | Up to $39 |
| Returned Payment Fee | Up to $39 |
| Additional Cards Annual Fee | $0 |
| Foreign Transaction Fee | 2.7% |
Cash Advances
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 | 26.74% Variable |
| Cash Advance Fee | Either $10 or 5% of the amount of each cash advance, whichever is greater. |
Blue Cash Preferred® Card from American Express
Highlights
- Earn a $250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
- New 6% Cash Back on select U.S. streaming subscriptions.
- New 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more.
- 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.
- Over 3 million more places in the U.S. started accepting American Express® Cards in 2017 and 2018.
- Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 14.49% to 25.49%
- $95 annual fee.
- Terms Apply.
- See Rates & Fees
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 websiteThe Blue Cash Preferred® Card from American Express has got a lot going for it. It comes with an annual fee of $95 (Rates & Fees).
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 is also a Blue Cash Everyday® Card from American Express (Review) version of this card with no annual fee, but lower reward earnings .
Both of these cards feature contactless technology, allowing for quick tap-and-go payments.
