While American Express is an advertising partner of HustlerMoneyBlog, the opinions and beliefs in this article are the author’s alone and have not been reviewed, approved, or otherwise endorsed by the issuer.
The Blue Cash Preferred® Card from American Express is now offering a $150 statement credit after spending $1,000 within the first 3 months of Cardmembership. Cardholders earn 6% cash back at U.S. supermarkets(up to $6,000), 3% cash back at U.S. gas stations and select U.S. dept stores, and 1% cash back on other eligible purchases. With the 6% reward rate on qualifying groceries, a family really only needs to spend $25 a week on groceries to make up for the annual fee. It offers a 0% intro APR on purchases and balance transfers for 15 months. After that, your APR will be a variable rate, currently 13.24%-22.24%, based on credit worthiness and other factors. Unlike the Chase Freedom or Discover More, there is no rotating reward categories and no enrollment required. The Blue Cash Preferred comes with a $75 annual fee.
Blue Cash Preferred Card Features:
- Get $150 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive $150 back in the form of a statement credit.
- Earn Cash Back: 6% U.S. supermarkets up to $6,000 per year in purchases (then 1%), 3% U.S. gas stations & select U.S. dept stores, 1% other purchases. Terms and limitations apply.
- With the Blue Cash Preferred® Card, you can start earning cash back. No rotating reward categories. No enrollment required.
- Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Cash back is earned only on eligible purchases.
- 0% intro APR on purchases and balance transfers for 15 months, then a variable rate, currently 13.24% to 22.24%, based on your creditworthiness and other factors.
- Terms and limitations apply.
- See Rates & Fees.
Want to get 6% cashback at popular stores? Simply buy gift cards at supermarkets such as Home Depot, Best Buy, Macy’s, etc. The Blue Cash Preferred also has 0% APR interest on purchases and balance transfers for 15 months. Other benefits with Blue Cash Preferred® Card from American Express include free extended warranty, purchase protection, and easy cashback redemption.