American Express
Blue Cash Preferred Card
Estimated value every year on typical spending
$607/ year
Every year, after the annual fee. Year one adds a $300 welcome bonus: $907
Based on a typical ~$2,600/month of spending. Points valued conservatively; confirm terms with the issuer.
Credits & perks, at estimated real use: Disney Streaming Credit $120 → $42
Carry a balance? At 20%+ APR, interest usually costs more than any card earns.
Is it worth it?
On typical spending the American Express Blue Cash Preferred Card returns about $702 a year in rewards and usable credits, which covers its $95 fee with $607 to spare. The welcome bonus adds roughly $300 in the first year.
The fine print
- Intro APR
- 0% for the first 12 months
- Regular APR
- 19.74% to 28.74% variable
- Foreign fee
- 2.7%
- Top perk
- $120 Disney Streaming Credit
- Approval
- Good credit recommended
- Redeem for
- Statement credit · Direct deposit · Gift cards
Rewards
- 6% cash back on eligible purchases at U.S. supermarkets, on up to $6,000 per year in purchases (then 1%)
- 6% cash back on select U.S. streaming subscriptions
Sign-up bonus
$300 Cash Back after you spend $3,000 in purchases on your new Card within the first 6 months of Card Membership.
Best for
- Big spenders on groceries
Not ideal for
- Frequent international travelers
Trade-offs: Higher annual fee ↔ richer rewards & perks.
Worth knowing
- Annual fee
- $95
- Intro APR
- 0% for the first 12 months
- Regular APR
- 19.74% to 28.74% variable
- Balance transfer fee
- Fees apply.
- $500/mo on groceries earns about $360/year (6%).
- $1200/mo on everyday spending earns about $144/year (1%).
- The $95 fee pays for itself at about $160/mo on groceries.
- You come out ahead of a no-fee 1% card after about $1900/year of groceries spending.
Offer history
No changes to the fee, welcome offer or intro APR since we started checking this card daily on Oct 26, 2026.
Blue Cash Preferred Card: questions people ask
Is the American Express Blue Cash Preferred Card worth it?
On typical spending the American Express Blue Cash Preferred Card returns about $702 a year in rewards and usable credits, which covers its $95 fee with $607 to spare. The welcome bonus adds roughly $300 in the first year.
What is the American Express Blue Cash Preferred Card annual fee?
The American Express Blue Cash Preferred Card has a $95 annual fee. On typical spending its rewards and usable credits come to about $702 a year, so it nets about $607 after the fee.
What is the American Express Blue Cash Preferred Card welcome bonus?
$300 Cash Back after you spend $3,000 in purchases on your new Card within the first 6 months of Card Membership. We value it at about $300. We check the issuer's page daily; it hasn't changed since we started tracking on Oct 26, 2026.
What does the American Express Blue Cash Preferred Card earn?
6% cash back on eligible purchases at U.S. supermarkets, on up to $6,000 per year in purchases (then 1%). 6% cash back on select U.S. streaming subscriptions.
What credit score do you need for the American Express Blue Cash Preferred Card?
The issuer recommends good/excellent credit. Checking your matches on CardFit never runs a credit check.
Does the American Express Blue Cash Preferred Card charge foreign transaction fees?
Yes: 2.7%.
Does the American Express Blue Cash Preferred Card have a 0% intro APR?
0% for the first 12 months. After that the regular APR is 19.74% to 28.74% variable.
Compare Blue Cash Preferred Card
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Card details are collected from issuer websites and were last refreshed October 29, 2026. Source: American Express product page. Terms change often; confirm them with the issuer before you apply.