American Express National Bank Blue Cash Preferred Credit Card Review

This is a cashback credit card issued by American Express National Bank. If you're wondering whether American Express National Bank Blue Cash Preferred Credit Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• Generous reward rate. You will get a maximum cashback rewards rate of up to 6%.
• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Signup bonus. Offers a signup bonus of $300 if you spend $1000 within 3 months.
• Competitive APRs. American Express National Bank Blue Cash Preferred Credit Card has a variable purchase APR that ranges from 13.99% up to 23.99%.
• Annual fee waived the first year. American Express National Bank Blue Cash Preferred Credit Card gives you the chance to have the card for a year without paying the $95 annual fee.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2.7% every time you make a transaction outside the U.S.
• Gas rewards. 3% cashback on eligible gas purchases.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Does American Express National Bank Blue Cash Preferred Credit Card have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 6% for purchases in a bonus category.

What are the American Express National Bank Blue Cash Preferred Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Trip Cancellation Insurance
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for American Express National Bank Blue Cash Preferred Credit Card?

American Express National Bank Blue Cash Preferred Credit Card has a variable purchase APR that ranges from 13.99% up to 23.99%. The card has a variable balance transfer APR that ranges from 13.99% up to 23.99%. It also has a variable cash advance APR of 25.24% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for American Express National Bank Blue Cash Preferred Credit Card?

The following fees apply:

• There is no overlimit fee

Does American Express National Bank Blue Cash Preferred Credit Card report your account activity to credit bureaus?

Yes, American Express National Bank Blue Cash Preferred Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for American Express National Bank Blue Cash Preferred Credit Card

• Visit the American Express National Bank Blue Cash Preferred Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.