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The Blue Cash Preferred® Card from American Express bonus categories can help maximize everyday purchases. This rewards credit card is best known for earning up to 6% back on groceries and 3% back at gas stations. You can also earn rewards on streaming subscriptions and transit. Plus, you can enjoy a card design with contactless payment technology.

And there’s an exciting welcome offer, available now.

The annual fee is $0 the first year, then $95 (See Rates & Fees). The welcome bonus is the ability to earn a $300 statement credit after spending $3,000 on purchases on the card within the first 6 months. 

Learn more: Cash Back Credit Cards

Use the Blue Cash Preferred Card from American Express to maximize grocery purchases. Credit: American Express

Blue Cash Preferred Card Bonus Categories

The Blue Cash Preferred® Card from American Express offers four different bonus categories:

  • 6% back at U.S. supermarkets (on the first $6,000 annually, then 1% back)
  • 6% back on select U.S. streaming services
  • 3% back at U.S. gas stations
  • 3% back on transit (including taxis/rideshare, parking, tolls, trains, buses, and more)

All remaining purchases earn an unlimited 1% back.

Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Also, Plan It gives cardholders the option to select purchases of $100 or more to split up into monthly payments with a fixed fee and no interest.

The annual fee is $0 the first year, then $95 (See Rates & Fees). The welcome bonus is the ability to earn a $300 statement credit after spending $3,000 on purchases on the card within the first 6 months. 

Learn more: Cash Back Credit Cards

The bonus category changes come as older Millennial’s daily spending shifts in a different direction. According to American Express, Millennials between ages 31 and 38 most common daily purchases are groceries, streaming, and commuting.

Streaming Services

It’s possible to earn an unlimited 6% back on over 20 U.S. streaming services. Some of the eligible platforms include Amazon Prime, Hulu, Netflix, Spotify, and Audible. This list is more extensive than other rewards credit cards.

If you’re looking for an excuse to cut the cable subscription, now is your chance.

Transit

However you commute to work, it’s more likely you can get 3% back on your commuting expenses. You still get unlimited 3% back at U.S. gas stations.

It’s also possible to earn an unlimited 3% back on public transit, parking, and tolls. Even rideshares, including Lyft and Uber, earn 3% back.

While you still don’t earn bonus points on travel purchases like with travel credit cards, you save money on your day-to-day transit costs.

Grocery Purchases

The first $6,000 spent annually at U.S. supermarkets earns 6% back. This is the card’s only purchase category that has an annual spending limit. All purchases above the $6,000 spend mark earn an unlimited 1% back until your next card anniversary. Maximizing the 6% bonus gives you $360 cash back each year.

However, note that purchases made at stores like Walmart and Target only earn 1% back on every purchase, including your groceries. Earning the 6% back means making purchases at eligible U.S. stores.

Related: Best Credit Cards For Groceries 2021? Up to 6% Cash Back

Redeeming Purchase Rewards

The Blue Cash Preferred® Card from American Express is a cash back credit card. Cash back comes in the form of Reward Dollars that can be redeemed as a statement credit. Additionally, Plan It gives cardholders the option to select purchases of $100 or more to split up into monthly payments with a fixed fee and no interest.

Unlike some of the better-known American Express credit cards that earn Membership Rewards points, these rewards can’t be transferred to airline partners or redeemed for travel rewards. If you’re looking for a travel rewards credit card, the Chase Sapphire Preferred or Capital One Venture are good cards that may fit your needs.

Card Design

The card design features the iconic Centurion that graces other high-end American Express credit cards, including the Platinum Card from American Express.

But it’s not a metal credit card.

This card also has a contactless payment ability that lets you simply tap to pay for in-person purchases.

Welcome Bonus

The annual fee is $0 the first year, then $95 (See Rates & Fees). The welcome bonus is the ability to earn a $300 statement credit after spending $3,000 on purchases on the card within the first 6 months. 

Learn more: Cash Back Credit Cards

Like other American Express credit cards, this bonus is only awarded once per card. Previous cardholders who earned the Blue Cash Preferred welcome bonus cannot qualify to earn the bonus a second time.

Additional Blue Cash Preferred Card Benefits

The American Express Blue Cash Preferred has several complimentary benefits that can save you money when shopping and traveling.

Shopping Benefits

One of the potentially most valuable shopping benefits is the free 2-day Shoprunner service at over 100 stores. Free shipping can save you money when shopping at Saks Fifth Avenue, eBags, and 1-800-Flowers.

Travel Benefits

Nobody will mistake the Blue Cash Preferred as a credit card for travel rewards but its travel protection benefits are competitive with other cashback credit cards.

You get secondary rental car collision damage waiver protection when declining the rental car agency insurance.

Annual Fee

The annual fee is $0 the first year, then $95 (See Rates & Fees).

Summary

Blue Cash Preferred® Card from American Express cardholders earn bonus points on more of the common day-to-day purchases including streaming services and transit. Therefore, the Blue Cash Preferred continues to be one of the best credit cards for buying groceries. As mentioned previously, you earn 6% back on the first $6,000 spent annually on groceries, then 1%. 

Learn more: Cash Back Credit Cards

Related:

For rates and fees of The Blue Cash Preferred® Card from American Express, please click here.

Josh Patoka
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Chase Sapphire Preferred® Card

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  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases.
  • 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 2x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services.

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