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Blue Cash Preferred® Card review

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Advertiser Disclosure

Annual Fee
$95.00
Interest Rate: Purchases
17.74% ‐ 28.74% (Variable) (0% for the first 12 months)
Interest Rate: Purchases
17.74% ‐ 28.74% (Variable) (0% for the first 12 months)
Balance Transfer
-
Balance Transfer
-
Rewards
1 - 6% cashback
Rewards
1 - 6% cashback
Signup Bonus
$300 after spending $3,000
Signup Bonus
$300 after spending $3,000


8.9/10
Informr score
The Blue Cash Preferred® Card currently has an Informr score of 8.9 out of 10. This score is based on our evaluation of 41 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...


GOBankingRates
GOBankingRates

The American Express® Blue Cash Preferred credit card is an impressive offering for several reasons. For starters, the card offers an impressive cash back in popular categories, like groceries at U.S. supermarkets and gas at U.S. gas stations. It also comes with many perks and benefits you'll find o...

- Dawn Allcot, GOBankingRates
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 on the Blue Cash Preferred. This card is best for those who spend on groceries and streaming services as well as transit and gas. Finally, Disney fans can get...

- Ethan Steinberg, The Points Guy
FinanceBuzz
FinanceBuzz

The Blue Cash Preferred Card from American Express allows you to earn a significant amount of cashback rewards on routine purchases. With 6% cash back at U.S. supermarkets (for first $6,000 per year, after that 1X) and on U.S. streaming services, 3% at U.S. gas stations and on eligible transit, and...

- Kat Tretina, FinanceBuzz
MoneyUnder30
MoneyUnder30

If you’re spending hundreds of dollars each month on groceries and gas, consider the Amex Blue Cash Preferred® credit card, which rewards cardholders with a whopping 6% cash back on groceries and 3% back at gas stations.

- Kate Van Pelt, MoneyUnder30
One Mile at a Time
One Mile at a Time

If you spend a lot on groceries and want to earn cash back, then the Blue Cash Preferred is for you. Personally, I don’t have this card because I value earning rewards toward travel, but for those who don’t want to get involved in the complexities of miles & points, this is an excellent card. Af...

- Ben Schlappig, One Mile at a Time

Details


Interest Rates
Regular APR Interest Rate 17.74% ‐ 28.74% (Variable) (0% for the first 12 months)

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

Balance Transfer Interest Rate

Not available

Cash Advance Interest Rate 28.99% (Variable)

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

Rates & Fees
Annual Fee $95.00


Balance Transfer Fee
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 $300 after spending $3,000
  • On purchases within the first 6 months
  • You will receive the $300 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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