American Express Blue Cash Preferred® – Credit Card Review
The Blue Cash Preferred® card from American Express awards 6% cash back on groceries; 3% cash back at gas stations and department stores; and 1% cash back everywhere else. You can also earn up to 10% cash back when you eat at restaurants.
American Express Blue Cash Preferred® – Credit Card Highlights
Key benefits of the Blue Cash Preferred® card from American Express include:
- $6 cash back for every $100 spent on groceries
- $3 cash back for every $100 spent on gas or in department stories
- $1 cash back on everything else
The Blue Cash Preferred® card from American Express also provides travel and shopping protection.
When you pay for trips and vacation using your Blue Cash Preferred® card from American Express, your rental car’s collision insurance coverage is paid for automatically; and you get free access to roadside assistance.
You also get free warranty extensions when you buy things with your card. This goes for televisions, computers, and household appliances; as well as for gaming systems, camera equipment, furniture.
The Blue Cash Preferred® card from American Express is aggressively cash-back and can be an excellent card to keep in your wallet. You’ll want to make sure you’re using it, though; it’s not no annual fee.
The Blue Cash Preferred® card from American Express costs $95 annually.
What Is A Cash Back Credit Card?
A cash back credit card is a credit card that gives cash rebates for using it to buy things.
People with cash back credit cards get their rebates in one of three ways. They can receive them as personal checks sent to their home or work; as direct deposits made to their bank; and, as credits to their monthly statement, which reduces their monthly credit card bill.
The standard cash reward is $1 for every $100 spent, with many cards offering bonus cash for specific types of spending.
A grocery cash back credit card may offer a 6% cash rebate for money spent on groceries, and one percent cash rebate everywhere else. As another example, a travel cash back credit card may offer bonus cash for money spent on airfare, but standard cash everywhere else.
The Blue Cash Preferred® card from American Express pays more than most cash back credit cards. You can earn a large amount of cash back from your grocery shopping and gas purchases; as well as from the money you spend in department stores such as Nordstrom, Macy’s, J.C. Penney, and Kohl’s.
The Blue Cash Preferred® card from American Express can be an excellent everyday credit card for the size of its cash back payments. Using the card is like getting money back on everything you buy.
Blue Cash Preferred® Card from American Express Credit Card Review
The Blue Cash Preferred® card from American Express is a cash back credit card that makes big payouts, and is terrific for everyday spending.
Card holders are awarded with $6 in cash rebates for every $100 spent on groceries; $3 in cash rebates for every $100 spent at gas stations and in department stores; and one dollar for every one hundred dollars spent everywhere else.
The cash back rebates you can earn with a Blue Cash Preferred® card from American Express exceed what you can get pretty much everywhere.
When you get the card, though, make sure to use it regularly — at least at first.
This is because access to the Blue Cash Preferred® card from American Express costs $95 per year and you have a limited time to access a special cash back bonus that pays for the membership and then some.
Spend one thousand dollars in your first 90 days with the card, and American Express will credit your statement with $150 cash, thereby canceling out the cost of membership.
And make sure to exploit the card’s grocery cash back benefits.
The Blue Cash Preferred® card from American Express pays 6% cash back at grocery stores for the first six thousand dollars spent per year. This amount averages out to $115 per week. So, for people whose grocery bills exceed $115 per week, the Blue Cash Preferred® card from American Express is an excellent way to save on shopping.
The same is true for people with long commutes, and who shop at department stores.
The Blue Cash Preferred® card from American Express pays $3 cash back on every $100 spent on gas and on everything purchased at a department stores. This is like getting an instant 3% discount on everything you buy.
Some of the department stores at which your Blue Cash Preferred® card will get you a discount include:
- J.C. Penney
- Neiman Marcus
- Saks Fifth Avenue
The amount of cash back you can earn at department stores is unlimited. You get 3% for everything.
Get Details On Cash Back Credit Cards
The Blue Cash Preferred® card from American Express offers other terrific benefits, too, including access to travel and shopping protections.
When you use your Blue Cash Preferred® card to pay for a rental car, your collision coverage is free and automatic, which means you don’t have to pay for coverage with the rental car agency.
You also get roadside assistance at any time of any day. With the Blue Cash Preferred® card, you can call American Express to get a tow, fix a flat, or boost a battery and pay nothing for the service.
It’s a benefit of having the card.
You also get an extra 12 months of warranty on items bought with your Blue Cash Preferred® card; plus, access to the American Express $0 fraud liability program.
If your Blue Cash Preferred® card from American Express is ever lost or stolen, you will not be held responsible for unauthorized charges. You can also have a new credit card sent to you within a day, in most cases, so your life can carry on.
Learn More About Blue Cash Preferred® card from American Express
The Blue Cash Preferred® card from American Express pays huge cash back rewards. And, for many people, it’s the biggest cash-back payer among all cash back credit cards.
If you spend a lot on groceries, or on gas and clothing, add the Blue Cash Preferred® card from American Express to your wallet.