American Express Blue Cash Preferred Card
The American Express Blue Cash Preferred Card is a cashback credit card offered by American Express. Some of its key features include:
Earn 6% cashback on U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 3% cashback on U.S. gas stations and select U.S. department stores, and 1% cashback on other purchases
$250 statement credit after you spend $3,000 in purchases on the card within the first 6 months
No annual fee for Additional Cards
$95 annual fee
0% intro APR on purchases and balance transfers for 12 months, then a variable rate, currently 14.49% to 25.49%
No foreign transaction fees
Membership Rewards Program
Car rental loss and damage insurance, Travel accident insurance and more
The American Express Blue Cash Preferred Card is a great option for individuals who spend a lot on everyday purchases, particularly at U.S. supermarkets and gas stations. The cash back rewards can add up quickly and the $250 statement credit after $3,000 in purchases within 6 months of account opening can be a good incentive. Additionally, the card offers a 0% intro APR on purchases and balance transfers for 12 months, which can be helpful for individuals who want to finance a large purchase or transfer a balance from another card. The card also has no foreign transaction fees, which can save you money when traveling abroad. The card also offers a membership rewards program, car rental loss and damage insurance, travel accident insurance and more. With an annual fee of $95, it might not be suitable for everyone but for those who spend a lot on everyday purchases, it can help to earn a good amount of cash back. It's always recommended to compare the benefits and fees of the card with others before making a decision and consult a financial advisor if necessary.
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