American Express® Blue Cash Preferred®

Issuer

American Express

Network

American Express

Regular APR

18.24% - 29.24%

Credit Score

690 - 850 (Good - Excellent)

Rewards Rate Details

6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions. 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more). 1% Cash Back on other purchases. Terms Apply.

Intro Offer Details

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

Pros

• High rewards rate on groceries, streaming, gas, and transit
• Lucrative welcome offer
• Introductory APR on purchases and balance transfers
• Disney Bundle credits can offset annual fee
• Strong purchase protection, return protection, and extended warranty benefits

Cons

• Annual fee of $95 after the first year
• Spending cap of $6,000 annually for elevated U.S. supermarket rewards (then 1%)
• Foreign transaction fee makes it less suitable for international use
• Limited redemption options compared to other cash back cards
• Excludes certain grocery retailers like wholesale clubs, superstores, and online groceries