AMERICAN EXPRESS BLUE CASH PREFERRED

Bonus Value Estimate : $250
Foreign Trans Fee : 2.7%
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Benefits

The Amex Preferred cashback credit card, lets you earn 6% at US supermarkets, on up to $6,000 per year in purchases (then 1%), 6% at select Streaming. Earn 3% taxi/rideshare, parking, toll booth, trains, buses & more and 3% Gas stations and 1% everywhere else. This is the best cashback card if you shop atleast $500 per month on groceries. This is a must to have card. Though there is a Annual Fee of $95, it easily pays of with $6000 groceries giving a net cashback of $360. Also $250 cashback is a good promotion to add to your Wallet right now.

At A Glance


Rewards Bonus
$250 Credit
Annual Fee
$95
Bonus Requirement
$1,000 spent in first 3 months

Rewards & Terms

  • Earn a Welcome offer of $250 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive the $250 back in the form of a statement credit
  • Easily earn 6% CASH BACK at US supermarkets, on up to $6,000 per year in purchases (then 1%). This is worth up to $360. So easily pays off the Annual Fee.
  • Earn 6% on eligible purchases of U.S. streaming subscriptions from select providers such as Netflix, Hulu, Direct TV Now, Sling TV, Youtube TV and much more
  • Earn 3% on Taxis and Rideshare such as Uber, Lyft, Via.. parking, toll booth, trains, buses & more
  • Earn 3% on Gas stations and 1% on all other purchases . All in the form of Statement credit.
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable APR.
  • $95 Annual Fee