The American Express Blue Cash Preferred card is for shopping in supermarkets or using streaming services frequently or both.

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Nowadays, finding a suitable credit card is becoming very hard but Blue Cash Preferred Card from American Express is a great choice.

Choosing the correct one from the stack is not easy and can sometimes take a lot of your time and effort. For that, we have put our time and effort to gathered that information for you. And today, we are going to look at the Blue Cash Preferred Card from American Express.

American Express Blue Cash Preferred Card is a smart cashback card that rewards our daily routine behaviours with plenty of perks and large numbers, on top of the reward points. The Blue Cash Preferred Card could allow you to attain your tasteful desires if you prefer to prepare your food rather than buy it.

Benefits of Blue Cash Preferred Card

American Express Bule Preferred Card is a one-stop-shop where you get 6% cashback on shopping for $6000 at supermarkets. Note: Supermarkets such as Walmart and Target and wholesalers such as Costco are excluded. Further purchases yield only 1% for those who hit the cap (reaches the $6000 mark).

The card provides you with 6% cashback on some of the U.S. streaming services. Although this list of services is not that bad, it is unlikely that you will receive high-earning rewards if you are not a media junkie who subscribes to all of them. This card gives a 3% reward on public transportation, the United States fuel stations, and a 1% reward. There are no alternatives with this card for a balance transfer.

The welcome bonus can be used to offset the annual charge when assessing the overall value of this card choice.
Car rental loss and damage insurance and a global aid hotline are included in the card’s travel feature for individuals who are more than 100 miles from home in challenging conditions. No registration is necessary, and cashback is automatic.

Families can truly take advantage of this card. Only if they elect to buy other things at the supermarket. And, change their TV-subscription charge from inadmissible cable satellite to permissible streaming services. They must also charge all shopping for local lines and gas to the card.

Drawbacks of Blue Cash Preferred Card

The Blue Cash Preferred Card has one disadvantage: rewards may only be redeemed as $25 minimum statement credits. And, are not encouraged towards minimum payments. This criterion is followed by most Amex cards that do not offer Membership Rewards, Amex’s transferable point system.

If your primary card is this card, bear in mind the foreign transaction fees of 2.7 per cent. In addition, America Express remains not as widely recognized worldwide in comparison with other issuers.

Fees of Blue Cash Preferred Card

• A 0% introductory APR card for the first 12 months purchases. This makes it competitive in a low-introducing market (13.99% – 23.99% variable APR).
• It costs 95 dollars annually after the first year and Is manageable. If you can afford to spend 31 dollars a week alone on food.
• Cash advance: either $10 or 5%, whichever is higher, of the entire cash advance.
• Foreign Transaction Charges: 2.7 % of each transaction is paid as a fee after conversion to US dollars.

Conclusion

The American Express Blue Cash Preferred card is for shopping in supermarkets or using streaming services frequently or both.

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