Good: For people who want a rewards card for everyday spending
Better: For people with excellent or great credit history
Best: For families who spend a lot on gas and groceries
Whether you’re fueling up to travel the highways or filling your basket while roaming the supermarket aisles, the Blue Cash Preferred® Card from American Express is one of the best options out there. From the annual fee to lucrative bonuses, here’s what you need to know.
Best way to use the American Express® Blue Cash Preferred® Card
Stretch your grocery budget further by using this card on every trip to the supermarket. Earning 6% cash back on up to $6,000 of purchases annually means if you spend $500 a month on groceries, you’ll get $360 back for the year. And you’ll continue earning 1% cash back after you reach the cap.
Whether you drive your own vehicle or use public transport, you’re covered with 3% cash back on all transit purchases. This includes fuel at U.S gas stations, plus buses, trains, taxis/rideshares, tolls and parking.
Don’t choose between streaming services like Netflix, Hulu and Amazon Prime when you can have subscriptions to them all, while earning an unlimited 6% cash back.
In a nutshell
The Blue Cash Preferred® Card from American Express is a game-changer for families who want to save money on normal household expenses. With a generous cash back bonuses on groceries and streaming entertainment and transit purchases, you win.
But, if you’re on your own and not feeling the $95 annual fee, consider, the Chase Freedom® Credit Card, which features a unique quarterly bonus structure.