Blue Cash Preferred Card from American Express review

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Advertiser Disclosure

Interest Rate: Purchases
15.24 ‐ 26.24% (0% for the first 12 months)
Balance Transfer
15.24 ‐ 26.24% (0% for the first 12 months)
Rewards
1 - 6% cashback
Signup Bonus
$250 after spending $1,000


8.9/10
Informr score
The Blue Cash Preferred Card from American Express currently has an Informr score of 8.9 out of 10. This score is based on our evaluation of 19 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Blue Cash Preferred Card from American Express is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The Wirecutter

If you’re willing to do some extra work, you can potentially earn more-lucrative rewards not just on gas but also on other categories where you already spend money.

- Sally French, The Wirecutter
The Wirecutter

Despite the annual fee, the Blue Cash Preferred Card can pay for itself for most shoppers, and can net hundreds of dollars in rewards for big spenders. But we recommend this card only if your grocery bill is at least about $100 per week (the math works out to $93.75, to be exact).

- Sally French, The Wirecutter
NerdWallet

Families can rack up serious cash back. The annual fee is a whopper, but if you spend at least $31 a week at the supermarket, you'll cover it.

- Gregory Karp, NerdWallet
CreditCards.com

The Blue Cash Preferred card from American Express is one of the most rewarding cash back cards for getting top cashback on gas and purchases at U.S. supermarkets.

- Andy Shuman, CreditCards.com
CreditDonkey

In our opinion, families who spend a lot on purchases at U.S. supermarkets and U.S. gas stations should consider the American Express Blue Cash Preferred Card. Since this card charges a $95 annual fee, you need to use your card often to justify this cost. If you do not pay by credit card often, you...

- David R, CreditDonkey

Details


Interest Rates
Regular APR Interest Rate 15.24% ‐ 26.24% (0% for the first 12 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 15.24% ‐ 26.24% (0% for the first 12 months)
  • Intro rate applies on balances transferred within the first 60 days of account opening
  • This APR will vary with the market based on the Prime Rate.
Cash Advance Interest Rate 27.49%

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $95.00
Balance Transfer Fee 3%

Minimum of $5

Cash Advance Fee 3%

Minimum of $5

Foreign Transaction Fee 2.7%

of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $38.00

Maximum

Promotions
Sign up bonus $250 after spending $1,000

On purchases within the first 3 months.

Rewards
All Purchases 1% cash back
Restaurants No
Gas 3% cash back


Groceries 6% cash back (on first $6000 spent)

Then 1 percent.

Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Additional Benefits

- Get free 2-day shipping on eligible items at a growing network of 140+ online stores with ShopRunner.

- Roadside Assistance

Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


The Wirecutter

Could net you hundreds of dollars per year

from The Wirecutter

If you’re willing to do some extra work, you can potentially earn more-lucrative rewards not just on gas but also on other categories where you already spend money.

Read full review

If you’re willing to do some extra work, you can potentially earn more-lucrative rewards not just on gas but also on other categories where you already spend money.

Read full review

Less

The Wirecutter

Highest cash-back rate on any grocery card we reviewed

from The Wirecutter

Despite the annual fee, the Blue Cash Preferred Card can pay for itself for most shoppers, and can net hundreds of dollars in rewards for big spenders. But we recommend this card only if your grocery bill is at least about $100 per week (the math works out to $93.75, to be exact).

Read full review

Despite the annual fee, the Blue Cash Preferred Card can pay for itself for most shoppers, and can net hundreds of dollars in rewards for big spenders. But we recommend this card only if your grocery bill is at least about $100 per week (the math works out to $93.75, to be exact).

Read full review

Less

NerdWallet

Perhaps the ultimate gas-and-groceries card

from NerdWallet

Families can rack up serious cash back. The annual fee is a whopper, but if you spend at least $31 a week at the supermarket, you'll cover it.

Read full review

Families can rack up serious cash back. The annual fee is a whopper, but if you spend at least $31 a week at the supermarket, you'll cover it.

Read full review

Less

CreditCards.com

One of the most rewarding cash back cards

from CreditCards.com

The Blue Cash Preferred card from American Express is one of the most rewarding cash back cards for getting top cashback on gas and purchases at U.S. supermarkets.

Read full review

The Blue Cash Preferred card from American Express is one of the most rewarding cash back cards for getting top cashback on gas and purchases at U.S. supermarkets.

Read full review

Less

CreditDonkey

Excellent cash back credit card for families

from CreditDonkey

In our opinion, families who spend a lot on purchases at U.S. supermarkets and U.S. gas stations should consider the American Express Blue Cash Preferred Card. Since this card charges a $95 annual fee, you need to use your card often to justify this cost. If you do not pay by credit card often, y...More

In our opinion, families who spend a lot on purchases at U.S. supermarkets and U.S. gas stations should consider the American Express Blue Cash Preferred Card. Since this card charges a $95 annual fee, you need to use your card often to justify this cost. If you do not pay by credit card often, you are better off with the no annual fee American Express Blue Cash Everyday Card.

Read full review

Less

Bankrate

Big grocery spenders, this is the card for you

from Bankrate

If you can get over the idea of paying the $95 annual fee, the Blue Cash Preferred Card from American Express is a must-have for any big grocery shopper. The 6% cash-back reward at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) is the most lucrative available in this category.

Read full review

If you can get over the idea of paying the $95 annual fee, the Blue Cash Preferred Card from American Express is a must-have for any big grocery shopper. The 6% cash-back reward at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) is the most lucrative available in this category.

Read full review

Less

SmartAsset

Can hold its own in the competitive market of cash back credit cards

from SmartAsset

This is a great option to earn valuable cash back on your everyday purchases. Earn up to 6% cash back at places you shop everyday (terms apply), and the current $200 bonus is very generous after spending just $1,000 on purchases in the first three months after opening a new account.

Read full review

This is a great option to earn valuable cash back on your everyday purchases. Earn up to 6% cash back at places you shop everyday (terms apply), and the current $200 bonus is very generous after spending just $1,000 on purchases in the first three months after opening a new account.

Read full review

Less

Wise Bread

Cashing in at the supermarket

from Wise Bread

This card is best for those who spend a lot at supermarkets, gas stations, and department stores. Very few credit cards can offer such a high amount of cash back on those categories.

Read full review

This card is best for those who spend a lot at supermarkets, gas stations, and department stores. Very few credit cards can offer such a high amount of cash back on those categories.

Read full review

Less

Credible

Provides a high level of cash back rewards

from Credible

The Blue Cash Preferred Card from American Express offers a higher level of rewards than its little brother, the Blue Cash Everyday Card, but its annual fee may scare away some potential applicants.

Read full review

The Blue Cash Preferred Card from American Express offers a higher level of rewards than its little brother, the Blue Cash Everyday Card, but its annual fee may scare away some potential applicants.

Read full review

Less

CardRatings.com

Great for anyone who spends frequently at gas stations or supermarkets

from CardRatings.com

This card is one of the most popular cards with our readers because of the generous cash back for everyday purchases.

Read full review

This card is one of the most popular cards with our readers because of the generous cash back for everyday purchases.

Read full review

Less

User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.