The Blue Cash Preferred® Card by Amex offers significant cashback benefits for everyday purchases, especially at grocery stores.
This guide details how to apply online, earn rewards, and manage your credit effectively.
You’ll also learn about interest rates, fees, disclaimers, and contact details. Use this comprehensive guide to get the most out of your card.
Key Benefits and Features
Learn about the card’s standout features that make it an excellent choice for grocery cashback.
Welcome Offer
Get a $300 cashback bonus after spending $3,000 in your first six months. The bonus comes as a statement credit, making it easy to redeem.
It’s a great way to kickstart your rewards. Offers may vary; check the Amex website for current promotions.
Cashback on Groceries
Earn 6% cashback at U.S. supermarkets on up to $6,000 annually in purchases, then 1%.
The card also offers 6% on select streaming services, 3% on transit and gas, and 1% on other purchases.
These rewards align with everyday spending. Plan your purchases to maximize cashback.
Annual Fee
Pay $0 the first year, then $95 annually. Compare your grocery spending to potential rewards to see if it offsets the fee.
For frequent shoppers, the savings usually outweigh the cost. Evaluate your budget to confirm if this card is the right fit.
Applying for the Card
Applying online is fast and secure. Follow these steps to get started.
Step 1 – Visit the Official Amex Website
Go to the American Express website to start your application. Avoid third-party sites to ensure your information is secure.
Have your personal and financial details ready. Accuracy is essential for approval.
Step 2 – Complete the Application
Provide your name, address, income, and employment details. Double-check everything to avoid errors.
An incomplete application may delay approval. Submit accurate information for a faster decision.
Step 3 – Submit and Get a Decision
Review your information, then submit. Some applicants get instant approval; others may wait. After approval, your card arrives by mail. Activate it and start earning rewards.
Impact on Your Credit Score
Applying for a credit card results in a hard inquiry, which may slightly affect your credit score.
Making on-time payments helps your credit recover and may even improve it. Keep your credit utilization low to boost your score. Use the card responsibly to build a solid credit history.
Tips for Maximizing Rewards
Use this bullet point list to maximize your cashback rewards with the Blue Cash Preferred® Card by Amex.
Each point below offers simple yet effective strategies for getting the most out of your card.
- Use the card for all eligible grocery purchases to maximize your cashback rewards.
- Combine your card usage with Amex Offers for additional savings.
- Always pay your balance in full to avoid interest charges that could offset your cashback gains.
- Review your spending patterns regularly to ensure you reach the annual cashback cap and optimize your rewards.
- Use your statement credits strategically to reduce your monthly balance and improve cash flow.
- Set up automatic payments to avoid late fees and maintain a positive credit score while earning rewards
- Utilize the card for recurring household expenses like streaming services and utilities to accumulate rewards faster.
- Take advantage of any special Amex promotional offers or partnerships to earn bonus cashback.
- Monitor your rewards balance regularly through the Amex app or online account portal.
- Consider pairing the card with a budgeting tool to plan spending and ensure you’re reaching your financial goals.
Comparing Other Cards
Compare the Blue Cash Preferred® Card to similar cards with grocery rewards. Look for differences in annual fees, interest rates, and reward categories.
Evaluate if another card might better suit your spending. Choose the card that aligns with your goals.
Understanding Statement Credits
Cashback is provided as Reward Dollars, redeemable as statement credits. This means your rewards reduce your balance rather than direct cash.
Watch your statements to track your credits. Statement credits simplify the process of using your rewards.
Budgeting with Cashback
Plan your grocery budget to maximize your cashback. Use rewards to offset other expenses like gas or streaming services.
Keep your credit utilization low to avoid impacting your score. Tracking your spending helps you stay on budget while earning rewards.
Interest Rates and Fees
Interest rates and fees are important to understand before applying.
Introductory APR
Enjoy 0% APR on purchases and balance transfers for the first 12 months. Afterward, a variable APR of 20.24% to 29.24% applies. Pay your balance in full monthly to avoid interest. Stay on top of your payments.
Cash Advance Fees
Cash advances carry a higher APR and fees. Use this feature sparingly to avoid high costs. Consider cash advances only in emergencies. Pay them off quickly to minimize interest.
Late Payment Fees
Pay on time to avoid a $40 late fee. Late payments can hurt your credit score. Set up auto-pay to ensure timely payments. Stay organized to manage your account effectively.
Additional Perks and Offers
Explore extra features that enhance the card’s value.
Disney Bundle Credit
Get up to $84 annually by spending $9.99+ each month on eligible streaming services.
Receive a $7 monthly statement credit. Enjoy Disney+, Hulu, and ESPN+ with this perk. Entertainment just got easier.
Amex Offers
Amex Offers provide savings on travel, dining, and more. Enroll in offers through your Amex account. Stack offers with regular spending to earn extra cashback. Keep an eye out for new deals.
Disclaimers and Important Notes
Rates and offers may change; visit the Amex website for the latest information.
Read the terms and conditions carefully before applying. Use the card responsibly to avoid fees and penalties. Stay informed to get the most value.
Contact Information
Reach out to American Express for assistance.
- Customer Service: 1-800-528-4800 (24/7)
- TTY/TDD: 711 or 1-800-528-4800
- Payments: 1-800-472-9297
- Applications: 1-888-297-1244 (8 am – 11 pm EST, 7 days a week)
Conclusion: Apply Now for Grocery Rewards
The Blue Cash Preferred® Card by Amex is a smart choice for grocery cashback. Apply online to start earning rewards quickly.
Use the card responsibly to manage fees and build credit. Enjoy saving money every time you shop!
