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The Blue Cash Preferred® Card from American Express and the Blue Cash Everyday® Card from American Express are top options for earning cash back on your everyday expenses without having to shell out high annual fees.
If you fall into that category, you might want to make your move sooner rather than later. From now until December 10, those who apply for the Blue Cash Preferred can earn a $300 statement credit after you spend $3,000 in purchases in the first 6 months from account opening, and Amex will waive the $95 annual fee for the first year, too.
Meanwhile, those who apply for the Blue Cash Everyday can currently snag a $200 statement credit after you spend $1,000 in the first 3 months from account opening.
We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
Blue Cash Preferred card details
Annual Fee
Limited Time Offer: $0 introductory annual fee for one year, then $95. Offer Expires 12/10/2020
Regular APR
13.99% to 23.99% variable APR
Featured Reward
$300 statement credit after you spend $3,000 in purchases in the first 6 months from account opening
Intro APR
0% intro APR on purchases for 12 months from account opening
- Limited Time Offer: Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months. Offer Expires 12/10/2020
- Limited Time Offer: $0 introductory annual fee for one year, then $95. Offer Expires 12/10/2020
- 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.
- Plan It® gives the option to select purchases of $100 or more to split up into monthly payments with a fixed fee and no interest.
- Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
- Terms Apply.
Pros
- Generous bonus rewards, especially at US supermarkets
- One of a small handful of credit cards that offer bonus rewards on select streaming services
- Intro APR offer
Cons
- Unlike many other cash-back cards, it charges an annual fee
- If you spend more than $6,000 at US supermarkets each year, you’ll want to use another card once you reach that cap
With the Blue Cash Preferred® Card from American Express, you’ll score 6% cash back on select streaming subscriptions, as well as on the first $6,000 per year you spend at US supermarkets (and 1% on supermarket purchases after that). You’ll also earn 3% cash back at US gas stations and on transit, which includes taxis, rideshares, parking, tolls, trains, buses and more.
The standard welcome bonus for the Blue Cash Preferred is a $250 statement credit after you spend $1,000 in the first three months from account opening.
The current offer gets you a $300 statement credit instead, after meeting a minimum spending requirement of $3,000 — but…
Read More: Blue Cash Preferred and Blue Cash Everyday limited-time offers