Last updated: 8/3/2021

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Blue Cash Preferred® Card from American Express

Earns: Cash Back

GigaTake:

A quirky card that really pays off at the supermarket—it gives 6% cash back on purchases at grocery stores, 3% on transit and gas, and 1% on everything else. You might want to use it for groceries alone; just make sure it will be worth the $95 annual fee.

This card is best for:

  • Groceries
  • Gas
  • Streaming Services

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Here’s how much you would earn with this card

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You could earn Worth Plus Welcome Bonus Total
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per year
${{totalPointsYouCouldEarnValue | number}} {{welcomeBonus | number}} points
worth ${{welcomeBonusValue | number}}
${{totalValueToUser | number}}

How’d we figure that out?

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${{welcomeBonusAmount | number}}Welcome Bonus


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Pros

  • One of the very best cards for groceries and gas, earning 6% cash back.
  • Good bonuses on streaming services and transit.

Cons

  • $95 annual fee is high for a cash back card.
  • Cash back on groceries is capped at $6,000 per year.

See how the Blue Cash Preferred® Card from American Express compares to other credit cards

Blue Cash Preferred® Card from American Express Other Cards


Hover the dots to view other Credit Cards

Reward Rate = 6x

Value = 1 cent per point
Effective Value = 6 %

0%
7%

Reward Rate = 3x

Value = 1 cent per point
Effective Value = 3 %

0%
6%

Reward Rate = 3x

Value = 1 cent per point
Effective Value = 3 %

0%
3%

Reward Rate = 1x

Value = 1 cent per point
Effective Value = 1 %

0%
3%

Welcome Bonus = 15,000

Value = 1 cent per point
Effective Value = $150

$0
$1800

Annual Fee = $95

$0
$995
Welcome Bonus
$150

OK

Bonus Rating

Cash Back

After you spend $3,000 in 6 months

GigaInfo about Welcome Bonuses Welcome Bonuses 101 Article
Spending Rewards
6% U.S. Supermarkets (first $6,000 in purchases each year)

Excellent

excellent

Excellent

In the top 15% of cards.

3% Gas (first $6,000 in purchases each year)

Excellent

excellent

Excellent

In the top 15% of cards.

3% Transit (first $6,000 in purchases each year)

Excellent

excellent

Excellent

In the top 15% of cards.

6% Amazon Music

Excellent

excellent

Excellent

In the top 15% of cards.

6% HBO Now

Excellent

excellent

Excellent

In the top 15% of cards.

6% Spotify

Excellent

excellent

Excellent

In the top 15% of cards.

6% Showtime

Excellent

excellent

Excellent

In the top 15% of cards.

6% Netflix

Excellent

excellent

Excellent

In the top 15% of cards.

1% All Other

OK

OK

Is this card right for me?

That depends on your individual spending patterns. We have a tool that figures it out for you. Learn what you could earn.

Program Name
Cash Back
Gigapoints Value
1¢ per point
0.4¢ PER POINT
2¢+ PER POINT
Other Card Information

Earn 20% back on Amazon.com purchases on the Card within the first 6 months of Card Membership. Full list of streaming providers available here: https://www.americanexpress.com/us/rewards-info.html. Transit includes trains, taxicabs, ride share services, ferries, tolls, parking, buses, and subways (airfare, car rental and cruises are not considered transit).

Annual Fee
  • $0 first year
  • $95 thereafter
Use this card for…

You can earn more rewards by using different cards for different purchases. We built a tool that tells you which card to use, when. Just plug in your favorite brand, store, or category to find out which card pays the most.

Use the Best Card For tool Go

Additional perks of owning this card

6% Cash Back on Streaming Services

Get higher cash back on select U.S. streaming subscriptions such as Spotify, Netflix, Pandora and more.

The Fine Print

INTRO APR FOR PURCHASES 0% for 12 months
PURCHASES APR 13.99% to 23.99%
CASH ADVANCE APR 25.24%
CASH ADVANCE FEE Either $10 or 5% of the amount of each transaction, whichever is greater.
FOREIGN TRANSACTION FEE 2.7%