Blue Cash Preferred Card Credit Card

Blue Cash Preferred Card

Last Updated: 02/24/2026

Rating
3.8 / 5
Sign Up Bonus
Up to $300
Annual Fee
$95
Credit Score
Good

Summary

Sign-Up Bonus
1.5
Spending Multipliers
4.5
Credits & Features
3
Fees
4
Application
5
Issuer
NaN

The American Express Blue Cash Preferred Card is a top-tier cash back credit card for families and households with high grocery and streaming expenses, offering an industry-leading 6% cash back at U.S. supermarkets and on select U.S. streaming subscriptions. With the annual fee waived in the first year, this card is especially attractive for big grocery spenders who can maximize its elevated rewards, though bonus categories are limited to U.S. purchases and all other spending earns just 1% cash back. Cardholders can also offset the ongoing annual fee with perks like a $10 monthly Disney Bundle credit, while enjoying added value through free additional cardholders, return protection (up to $300 per item, $1,000 per year), purchase protection (up to $1,000 per occurrence, $50,000 per year), extended warranty coverage, and car rental loss and damage insurance. However, the 2.7% foreign transaction fee makes it a poor choice for international travel, so the American Express Blue Cash Preferred is best suited for U.S.-based families, commuters, and streaming enthusiasts looking to maximize everyday household spending.

Pros

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Annual fee waived in first year
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Credits to offset the annual fee
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6% on groceries and streaming
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Free additional cardholders
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Return protection up to $300 per item and $1,000 per calendar year
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Purchase protection up to $1,000 per occurrence and $50,000 per calendar year
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Extended warranty up to $10,000 per item and $50,000 per calendar year

Cons

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Welcome offer may not be available to all applicants
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Credits may not offset annual fee as they are niche perks
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Elevated spend multipliers are limited to US only
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2.7% foreign transaction fee
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1% catch all category

Issuer

Spending Multipliers

Credits & Features

$10 monthly Disney Bundle credit
Car Rental Loss and Damage Insurance coverage

Application

  • Welcome offer can only be received once in a lifetime
  • Opening this might card effects your welcome offer eligibility on other cards in the same family
  • Number of hard pull are usually irrelevant for American Express
  • Consider having at least a credit history for 6 months and avoid applying to different cards in the same card family for at least 90 days
  • American Express limits customers to 5 credit cards

Fees

  • $95 Annual Fee
  • 2.7% Foreign Transaction Fee
  • Up to $40 late fee
  • Up to $40 return payment fee
  • 19.49% - 28.49% Variable APR
  • 28.74% APR for Cash Advance
  • $10 or 5% of each cash advance amount (whichever is greater)
  • 19.49% - 28.49% APR for Balance Transfers
  • $5 or 3% of each transfer amount (whichever is greater)
See Full and Updated Rate & Fee Schedule During Application Process