Blue Cash Preferred® Card from American Express
American Express · Amex
4.6/5 RatingGood to Excellent (670+)
Key Details
- Annual Fee
- $95
- Regular APR
- 19.24%–29.99%
- Intro APR
- 0% intro APR for 12 months on purchases and balance transfers
- Foreign Transaction Fee
- 2.7%
- Balance Transfer Fee
- 3% or $5, whichever is greater
- Rewards Rate
- 1%–6% cash back
Sign-Up Bonus
$250 back after spending $3,000 in first 6 months
Rewards Structure
- U.S. supermarkets (up to $6,000/year)6%
- Select U.S. streaming6%
- U.S. gas stations3%
- Transit3%
- All Other Purchases1%
Pros
- ✓6% cash back at supermarkets is market-leading
- ✓6% on streaming services
- ✓0% intro APR for 12 months
- ✓Strong transit/gas rewards
Cons
- ✗$95 annual fee
- ✗$6,000/year cap on supermarket bonus
- ✗2.7% foreign transaction fee
- ✗Amex not universally accepted
Who Should Get This Card?
Families spending $250+/month on groceries and who use streaming services. The 6% grocery rate easily offsets the $95 annual fee.