Amex Blue Cash Preferred Card Review: Ultimate Cash Back for Families

The Blue Cash Preferred Card from American Express is a top-tier cash-back credit card, ideal for families. Enjoy 6% cash back at U.S. supermarkets, on select U.S. streaming subscriptions, and transit, plus 3% cash back at U.S. gas stations, and 1% on everything else. Terms apply.

Blue Cash Preferred® Card from American Express: Basics

• Type: Cash back.
• Annual fee: $0 intro annual fee for the first year, then $95.
• Bonus offer: Earn a $250 statement credit after spending $3,000 in purchases on your new Card within the first 6 months. Terms Apply.

• Rewards:
• 6% cash back at U.S. supermarkets, on up to $6,000 in spending per year.
• 6% cash back on select U.S. streaming subscriptions.
• 3% cash back at U.S. gas stations and on transit.
• 1% cash back on other purchases. Terms apply.

• Interest rate: 0% intro APR for 12 months on purchases and balance transfers, then the ongoing APR of 19.24%-29.99% Variable APR.

• Other benefits:
• Up to $84 a year in credit for a subscription to the Disney Bundle.
• Up to $120 a year in credit for Equinox Plus. Terms apply.

Benefits and Perks

The Blue Cash Preferred® Card from American Express offers unparalleled cash back rewards, making it a top choice for families:

Big supermarket rewards

Earn 6% cash back at U.S. supermarkets, up to $6,000 a year in spending. After the cap, earn 1% cash back. Terms apply.

Big rewards on eligible streaming services

Enjoy 6% cash back on eligible U.S. streaming services with no annual cap. Terms apply.

Transit rewards

Get 3% cash back at U.S. gas stations with no cap. Plus, earn 3% cash back on transit, including rideshares, tolls, taxis, buses, trains, and parking. Terms apply.

Bonus offer for new cardholders

Earn a $250 statement credit after spending $3,000 in purchases on your new Card within the first 6 months. Terms Apply.

Drawbacks and Considerations

While the Blue Cash Preferred Card from American Express offers fantastic rewards, it comes with a $95 annual fee after the first year:

High annual fee

While the annual fee may seem steep, the high rewards rates quickly offset this cost. With substantial cash back on supermarket, streaming, and transit purchases, many cardholders find the benefits far outweigh the fee. Plus, with the welcome offer for new cardholders, your first year's fee is covered. Terms apply.

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