Blue Cash Preferred® Card from American Express – Review

Our Review

The Blue Cash Preferred® Card from American Express has built its reputation on one simple, powerful idea: reward the spending that matters most to everyday households. At GuideForCards, we think it does exactly that — and then some. With an industry-leading 6% cash back at U.S. supermarkets (on up to $6,000 in purchases per year, then 1%), 6% on select U.S. streaming subscriptions, and 3% at U.S. gas stations and on transit, this card is purpose-built for families and frequent home cooks alike. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout. Terms apply.

Apply and find out your welcome offer. New cardholders may be eligible for as high as $300 cash back after spending $3,000 in purchases in the first 6 months of card membership. Welcome offers vary and you may not be eligible for an offer. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout. For those making a large purchase or consolidating debt, the card also offers a 0% intro APR for 12 months on purchases and balance transfers, after which the ongoing 19.49%–28.49% Variable APR applies.

The 6% rate at U.S. supermarkets is the card’s marquee feature, and it’s genuinely hard to beat. A household spending $500 a month at U.S. supermarkets would earn $360 in cash back per year on that category alone — more than covering the annual fee. It’s worth noting that the 6% rate applies specifically to U.S. supermarkets, and does not include superstores like Walmart or Target, or wholesale clubs. The bonus rate is also capped at $6,000 in supermarket spending per year; purchases above that cap earn 1%. Terms apply.

The streaming rewards are equally compelling. The card earns 6% cash back on select U.S. streaming subscriptions — with no spending cap — covering a wide range of major platforms. On top of that, cardholders who subscribe to eligible Disney services can earn up to $10 per month in statement credits (up to $120 per year), which for many households will cover the annual fee entirely on its own. Enrollment required. Terms apply.

Rounding out the rewards picture, the 3% cash back at U.S. gas stations and on transit (including rideshares, tolls, buses, and trains) adds meaningful value for commuters and drivers. There’s no cap on these categories, so frequent commuters can continue earning at the elevated rate all year long. Terms apply.

At GuideForCards, we recommend the Blue Cash Preferred® Card from American Express to households that spend regularly at U.S. supermarkets, on streaming services, and at the pump. If those categories describe your typical monthly spending, the math works strongly in your favor even after accounting for the $0 intro annual fee for the first year, then $95. Terms Apply. See rates and fees. If your lifestyle aligns with the card’s bonus categories, this is one of the most straightforward and rewarding cash back cards available today.