Blue Cash Preferred Card from American Express Review

Blue Cash Preferred Card from American Express is a cashback credit card issued by American Express® National Bank. 

Good credit. This card is designed for people with good credit. The minimum credit score to apply is 700.

If you're wondering whether Blue Cash Preferred Card from American Express is the right card for you, read on. This is everything you need to know to make a good choice.

Is there a Blue Cash Preferred Card from American Express cash back or rewards program?

Blue Cash Preferred Card from American Express is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Blue Cash Preferred Card from American Express you receive 1% cash back on every 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.

This card features rewards for purchases in the following categories:

• Every Purchase
• Gas
• Groceries
• Retail

Blue Cash Preferred Card from American Express Rewards

Rewards rate (all purchases)	1%
Max rewards rate	6%
Annual rewards limit	N/A
Signup Bonus ($)	$200
Signup Bonus Spend Requirement	$1000

What are the Blue Cash Preferred Card from American Express benefits?

Blue Cash Preferred Card from American Express provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Fraud Liability
• Travel Accident Insurance
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Blue Cash Preferred Card from American Express?

Blue Cash Preferred Card from American Express has a variable purchase APR that ranges from 14.49% up to 25.49%. The card has a variable balance transfer APR that ranges from 14.49% up to 25.49%.

It also has a variable cash advance APR starting at 26.74% . 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 Blue Cash Preferred Card from American Express fees?

$95 Annual Fee. Blue Cash Preferred Card from American Express charges an annual fee of $95.

2.7% Foreign transaction fees. Blue Cash Preferred Card from American Express charges a foreign transaction fee of 2.7%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $54. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.

The following fees apply to Blue Cash Preferred Card from American Express:

Blue Cash Preferred Card from American Express Fees

Fees	Amount
Annual Fee	$95
Overlimit Fee	$0
Foreign Transaction Fee	2.7%
Balance Transfer Fee	3%
Minimum Balance Transfer Fee	$5
Returned Payment Fee	$38
Late Payment Fee	$38

Does Blue Cash Preferred Card from American Express report your account activity to credit bureaus?

Blue Cash Preferred Card from American Express reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.

How to apply for Blue Cash Preferred Card from American Express

• Visit the American Express® National Bank website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.