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Blue Cash Preferred® Card review

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Advertiser Disclosure

Annual Fee
$95.00
Interest Rate: Purchases
19.24% ‐ 29.99% (Variable) (0% for the first 12 months)
Interest Rate: Purchases
19.24% ‐ 29.99% (Variable) (0% for the first 12 months)
Balance Transfer
19.24% ‐ 29.99% (Variable) (0% for the first 12 months)
Balance Transfer
19.24% ‐ 29.99% (Variable) (0% for the first 12 months)
Rewards
1 - 6% cashback
Rewards
1 - 6% cashback
Signup Bonus
$250 after spending $3,000
Signup Bonus
$250 after spending $3,000


8.8/10
Informr score
The Blue Cash Preferred® Card currently has an Informr score of 8.8 out of 10. This score is based on our evaluation of 45 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Blue Cash Preferred® Card 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...


Bankrate
Bankrate

Whether you’re spending on everyday essentials like groceries and gas station purchases or spending a night in with streaming services, this versatile card has you covered.

- Garrett Yarbrough, Bankrate
The Points Guy
The Points Guy

With the enticing bonus categories and a solid welcome offer, many who prefer cash-back cards will have no problem justifying the annual fee after the first year on the Blue Cash Preferred. This card is best for those who spend on groceries, streaming services, transit and gas. Disney fans also can...

- Ethan Steinberg, The Points Guy
NerdWallet
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
ValuePenguin
ValuePenguin

If you're looking for an excellent cash back card for everyday spending, you should definitely consider the Blue Cash Preferred® Card from American Express. Its high earning rates in numerous relevant spending categories make it a valuable card for earning cash back on your regular purchases — you c...

- Sophia Mendel, ValuePenguin
CreditCards.com
CreditCards.com

Despite its annual fee after the first year, the Blue Cash Preferred card is one of our favorite cards for families. It helps take the sting out of carpool lines and long commutes by offering a generous rewards rate on U.S. gas station spending and one of the highest cash back rates you can get at U...

- Emily Sherman, CreditCards.com

Details


Interest Rates
Regular APR Interest Rate 19.24% ‐ 29.99% (Variable) (0% for the first 12 months)

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

Balance Transfer Interest Rate 19.24% ‐ 29.99% (Variable) (0% for the first 12 months)

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

Cash Advance Interest Rate 29.99% (Variable)

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 5%

Minimum of $10

Foreign Transaction Fee 2.7%

of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $40.00

Maximum

Promotions
Sign up bonus $250 after spending $3,000
  • On purchases within the first 6 months
  • You will receive the $250 back in the form of a statement credit
Rewards
All Purchases 1% cash back
Restaurants No
Gas 3% cash back


Groceries 6% cash back (on first $6000 spent)
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

3% cash back on transit (e.g., taxis/rideshare, parking, tolls, trains, buses and more)

6% cash back on select U.S. streaming subscriptions.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
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
Virtual Cards Yes
Additional Benefits
  • Global Assist® Hotline
  • Return Protection
  • American Express Experiences
  • $120 Equinox+ Credit
  • Receive $7 back each month (up to $84 back annually) after spending $13.99 or more each month on an eligible subscription to The Disney Bundle which includes Disney+, Hulu, and ESPN+ using your Card. Enrollment required.    
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
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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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