Rated 3.8/5 stars by our editorial team
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3.0/5.0 from 4 Offer Ratings
Over the Past 60 Days!
Blue Cash Preferred® Card from American Express
An Advertising Partner
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Regular Purchase APR
15.24%-26.24% Variable
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Intro Purchase APR
0% for 12 months
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Intro BT APR
0% for 12 months
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Typical Credit Needed
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Annual Fee
$95
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Card Brand
American Express
Highlights
- Click "APPLY NOW" to apply online
- Earn a $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
- 6% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
- 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.
- You spoke, we listened. Over 1.6 million more places in the U.S. started accepting American Express® Cards in 2018.
- Cash Back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
- $95 annual fee.
- Terms Apply.
- See Rates & Fees
Card Fees
Foreign Transaction Fee
2.7% of each transaction after conversion to US dollars.
Balance Transfer Fee
Either $5 or 3% of the amount of each transfer, whichever is greater.
Cash Advance Fee
Either $5 or 3% of the amount of each cash advance, whichever is greater.
Additional Card Details
$0 Fraud Liability
Yes
Auto Rental Insurance
Yes
Extended Warranty Program
Yes
Roadside Assistance
Yes
Purchase Protection
Yes
Travel Assistance
Yes
Flight Accident Insurance
Yes
Lost Luggage Reimbursement
No
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Concierge Service
Yes
Expert Reviews
From the LendingTree.com Editorial Team
The Blue Cash Preferred® Card from American Express is an excellent cash back credit card with on of the best rewards rates on the market. Cardholders will earn incredible cash back rates of 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). 3% cash back at U.S. gas stations, 1% cash back on other purchases. Even if you hit the cap of supermarket spending, you can still continue to earn cash back.
This card offers some of the highest rewards rates on the market. Since supermarket items and gasoline are two of the biggest expenses for most households, this card makes it easier to save considerable amounts of money. Cardholders can also earn a $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
The Blue Cash Preferred® Card from American Express does come with a $95 annual fee, but with the generous rewards program you can easily make cost of the annual fee. To top it off, you get an intro APR of 0% for 12 months on purchases and 0% for 12 months on balance transfers. Your ongoing APR will be 15.24%-26.24% Variable based on your creditworthiness.
The Bottom Line
The Blue Cash Preferred® Card from American Express is the ultimate cash back rewards card for consumers who spent a lot of money on groceries and gas. This card not only comes with some of the most generous rewards, but there is a nice intro APR as well.
The Good
The cash back rate on supermarkets is the highest cash back rate we've found on any credit card! When you include the cash back on gas and all other purchases, this card is a no-brainer for many consumers.
The Not So Good
There is a foreign exchange fee of 2.7% of each transaction after conversion to US dollars..
Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by American Express.
Consumer Reviews 4 Reviews
Offer Rating
3.0 out of 5.0
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+3 users submitted a rating without a full review
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By: jeremy | Mar 20, 2016
I had one of these cards for buisness purchases, the extra features are pretty amazing and I've used the accidential damage protection twice - so easy, so simple.
Related Card Offers
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Rewards Rate
Unlimited 1.5% Cash Back on every purchase, every day
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Intro APR
0% for 15 Months on Purchases and Balance Transfers
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Cash Back Details
No minimums for redeeming and cash back won't expire for the life of the account
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Typical Credit Needed
-
Annual Fee
$0
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Card Brand
Visa®
Highlights
- Click "APPLY NOW" to apply online
- One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase, every day
- No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
- 0% intro APR on purchases for 15 months; 16.24%-26.24% variable APR after that
- 0% intro APR on balance transfers for 15 months; 16.24%-26.24% variable APR after that; 3% fee on the amounts transferred within the first 15 months
- Pay no annual fee or foreign transaction fees
See additional details for Capital One® Quicksilver® Cash Rewards Credit Card
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Intro Purchase APR
0% Introductory APR on purchases for 12 billing cycles
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Intro BT APR
0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days
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Regular APR
16.24% - 26.24% Variable APR on purchases and balance transfers
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Typical Credit Needed
-
Annual Fee
$0
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Card Brand
Mastercard®
Highlights
- Click "APPLY NOW" to apply online or call 800-791-5562
- No annual fee
- $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
- NEW OFFER: Maximize your cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement /furnishings
- Now earn 3% cash back in your choice category and 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), and unlimited 1% on all other purchases
- You can update your choice category for future purchases once each calendar month using the Mobile banking app or Online banking, or do nothing and it stays the same.
- No expiration on rewards
- 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days. After the intro APR offer ends, 16.24% - 26.24% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers
- If you're a Preferred Rewards client, you can get a 25% - 75% rewards bonus on every purchase
See additional details for Bank of America® Cash Rewards credit card
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Rewards Rate
4% Cash Back on dining; 4% Cash Back on entertainment; 2% Cash Back at grocery stores; 1% Cash Back on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through May 2020.
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Sign-up Bonus
Earn a one-time $500 cash bonus after you spend $3000 on purchases within the first 3 months from account opening
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Cash Back Details
No minimums for redeeming and cash back won't expire for the life of the account
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Typical Credit Needed
-
Annual Fee
$0 intro for first year; $95 after that
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Card Brand
Mastercard®
Highlights
- Click "APPLY NOW" to apply online
- Earn a one-time $500 cash bonus after you spend $3000 on purchases within the first 3 months from account opening
- Earn unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through May 2020.
- Receive a monthly statement credit for a Postmates Unlimited monthly membership through Dec. 2019 with the Capital One Savor Card
- No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
- No foreign transaction fees
- Capital One cardholders get access to premium experiences in dining, entertainment and more
- $0 intro annual fee for the first year, $95 after that
See additional details for Capital One® Savor® Cash Rewards Credit Card
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