Features

Who is Blue Cash Preferred from American Express Designed For?

The Blue Cash Preferred from American Express is designed for people with excellent credit who want generous cash back rewards on everyday purchases plus all the benefits and perks that come with a prime American Express card. The Blue Cash also has a long 0% APR intro rate, which makes it appealing to people who carry, or are planning to carry, a balance and don't want to pay interest on their purchases.

What are the Interest Rates for Blue Cash Preferred from American Express?

Blue Cash Preferred from American Express charges 13.24% to 23.24% APR on purchases and balance transfers, based on the credit history of cardholders. These are decent rates for a card with such a generous rewards and benefits program. On the other hand, a late or returned payment could trigger a 29.49% APR penalty rate.

The Blue Cash Preferred has a 12-month 0% APR on purchases and balance transfers, one of the longest intro rates available. However, there is a balance transfer fee to take into consideration.

What Are the Fees for Blue Cash Preferred from American Express Credit Card?

- The Blue Cash Preferred from American Express has a $95 annual fee, a $5 or 3% (whichever is greater) balance transfer and cash advance fee, and a 2.7% foreign transaction fee. As well as the penalty rate, late and returned payments also incur a $38 fee.

What Is Blue Cash Preferred from American Express's Rewards Program Like?

Blue Cash Preferred from American Express is possibly the best cash back rewards program available. Its straightforward and simple to use: no rotating reward categories or enrollment required.

It gives 6% cash back at US supermarkets, 3% at US gas stations and participating department stores, and 1% on all other purchases. The 6% cash back at supermarkets only applies up to $6,000 in purchases, but that still represents $360 in potential savings a year. Cash back is earned as Reward Dollars, which can later be redeemed for statement credits.

What about Blue Cash Preferred from American Express's Signup Bonus?

Blue Cash Preferred from American Express includes a $150 signup bonus for new customers who spend $1,000 within the first three months of opening an account.

Does Blue Cash Preferred from American Express Have Any Other Benefits?

The Blue Cash Preferred comes with all the benefits and protections you would expect from a prime American Express credit card. These include travel benefits, such as roadside assistance, car rental insurance, and travel insurance; and shopping perks, such an extended warranty, return protection and purchase protection.

How Is Blue Cash Preferred from American Express Better Than Other Credit Cards?

The Blue Cash Preferred from American Express is probably the most generous cash back rewards program available. Its high cash back rates on supermarket and gas purchases make it easy to earn hundreds of dollars a year in rebates. For example, a family that spends $100 a week in groceries, will receive $312 a year in cash back. Add to that a long 0% APR intro rate and valuable travel and shopping benefits, and you can see why many believe this is the best everyday cash back card available.

However, cardholders should be aware of its high penalty interest rate, the $95 annual fee, and the 2.7% foreign transaction fee. Although the annual fee quickly pays for itself, the penalty rate is unforgiving to people who are late with their payments, and you may want to leave the Blue Cash Preferred out of your wallet when you go on vacation abroad.

  • Card Type
    Cash Back Balance Transfer Rewards
  • Customer Type
    Personal
  • Card Network
    American Express
  • Minimum Age
    18
  • Co-signing Allowed
  • Grace Period / Deferred Interest
    25
  • Late Payment Penalty
    $38
  • Returned Payment Fee
    $38
  • Foreign Currency Transaction Fee
    2.7%
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Free FICO Score
  • Lost Luggage Insurance
  • Travel Insurance
  • Air Miles
  • Cashback
  • Points
  • Penalty APR
    29.49%
  • Purchases APR
    13.24% - 23.24%
  • Transfer Fee
    3%
  • Balance Transfer APR
    13.24% - 23.24%
  • Intro APR period (months)
    12
js-table-filter bizname-american-express-gold-card
js-table-filter airlines-140
160
js-table-filter ccard-type-199
js-table-filter ccard-type-223
js-table-filter ccard-type-136
js-table-filter points-137
js-table-filter restaurants-142
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1850

  • Airlines
  • Points
  • Restaurants
  • Travel
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $160
Card Type Charge Card
Card Type Travel
Card Type Rewards
079
js-table-filter bizname-american-express-green-card
js-table-filter airlines-140
95
js-table-filter ccard-type-199
js-table-filter ccard-type-136
js-table-filter points-137
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter credit-required-114
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1850

  • Airlines
  • Points
  • Travel
  • No Annual Fee First Year
Annual Fee $95
Card Type Charge Card
Card Type Rewards
077
js-table-filter bizname-platinum-delta-skymiles-credit-card
js-table-filter air-miles-136
js-table-filter airlines-140
195
js-table-filter ccard-type-137
js-table-filter ccard-type-136
15.99
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-116

Est. 1850

  • Air Miles
  • Airlines
  • No Foreign Transaction Fee
Annual Fee $195
Card Type Balance Transfer
Card Type Rewards
Purchases APR 15.99%
Balance Transfer APR 15.99%
042
js-table-filter bizname-blue-sky-from-american-express
0
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter points-137
17.24
0
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-9
js-table-filter credit-required-116

Est. 1850

  • Points
  • No Annual Fee
  • 0% Introductory APR
Card Type Balance Transfer
Card Type Rewards
Purchases APR 17.24%
Balance Transfer APR 17.24% – 22.24% var. APR%
006
js-table-filter bizname-american-express--gold-delta-skymiles-credit-card
js-table-filter air-miles-136
js-table-filter airlines-140
95
js-table-filter ccard-type-137
js-table-filter ccard-type-136
15.99
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1850

  • Air Miles
  • Airlines
  • Travel
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $95
Card Type Balance Transfer
Card Type Rewards
Purchases APR 15.99%
Balance Transfer APR 15.99%
006
js-table-filter bizname-delta-reserve-credit-card-from-american-express
js-table-filter air-miles-136
js-table-filter airlines-140
450
js-table-filter ccard-type-136
15.99
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1850

  • Air Miles
  • Airlines
  • No Foreign Transaction Fee
Annual Fee $450
Card Type Rewards
Purchases APR 15.99%
Balance Transfer APR 15.99%
006
js-table-filter bizname-the-travelocity-rewards-american-express-card

000
js-table-filter bizname-american-express-blue-cash-preferred-card
95
js-table-filter ccard-type-222
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter cashback-135
js-table-filter gas-139
js-table-filter groceries-141
13.24
0
js-table-filter no-introductory-apr-350
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1850

  • Cashback
  • Gas
  • Groceries
  • 0% Introductory APR
Annual Fee $95
Card Type Cash Back
Card Type Balance Transfer
Card Type Rewards
Purchases APR 13.24%
Balance Transfer APR 13.24%
Intro APR period (months) 12
006
js-table-filter bizname-trueearnings-card-from-costco-and-american-express
js-table-filter airlines-140
0
js-table-filter ccard-type-136
js-table-filter cashback-135
js-table-filter gas-139
15.24%
js-table-filter restaurants-142
js-table-filter travel-143
0% APR for 6 months
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1850

  • Airlines
  • Cashback
  • Gas
  • Restaurants
  • Travel
  • No Annual Fee
  • 0% Introductory APR
Card Type Rewards
Purchases APR 15.24%%
Balance Transfer APR 15.24% APR%
006
js-table-filter bizname-american-express-starwood-preferred-guest-credit-card
js-table-filter air-miles-136
js-table-filter airlines-140
95
js-table-filter ccard-type-136
js-table-filter every-purchase-138
js-table-filter points-137
15.49% to 19.49%
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237

Est. 1850

  • Air Miles
  • Airlines
  • Every Purchase
  • Points
  • Travel
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $95
Card Type Rewards
Purchases APR 15.49% to 19.49%%
Balance Transfer APR 15.49% to 19.49%%
006
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