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This offer is no longer available on our site: Chase Freedom®
There’s no clear winner when it comes to these two cash back cards from American Express, so figuring out which might be best for you depends on your spending habits.
Rewards credit cards can offer cardholders a variety of earning opportunities.
Cash back cards like the Blue Cash Everyday® Card from American Express and the Blue Cash Preferred® Card from American Express have tiered rewards programs, with different cash back rewards rates depending on where you’re making purchases.
If the bonus categories align with your regular purchases, a tiered-rewards program could be a good fit. Alternatively, there are cash back cards that offer a flat rewards rate on every purchase — a no-hassle structure that may appeal to some.
These two American Express cash back credit cards offer similar bonus cash back opportunities, interest rates and benefits, but they have different annual fees and rewards rates. So which is best?
At a glance: Blue Cash Everyday® Card from American Express vs. Blue Cash Preferred® Card from American Express
|Blue Cash Everyday® Card from American Express||Blue Cash Preferred® Card from American Express|
|Welcome bonus||$150 statement credit after making $1,000 in purchases within the first 3 months of card membership||$250 statement credit after making $1,000 in purchases within the first 3 months of card membership|
|Variable APR for purchases and balance transfers||
|Other cardholder benefits||
- Best for welcome bonus: Blue Cash Preferred® Card from American Express
- Best for rewards points: Blue Cash Preferred® Card from American Express
- Best for card benefits: Tie
- Best for annual fee: Blue Cash Everyday® Card from American Express
- Heads up: What to consider when applying for a cash back card
- Bottom line: Which card is right for you?
When comparing welcome bonuses between the cards, the Blue Cash Preferred® Card from American Express edges ahead with $250 in statement credit. The Blue Cash Everyday® Card from American Express compares with a welcome bonus of $150 in statement credit. To qualify for either one, you’ll need to make at least $1,000 worth of purchases within your first 3 months as a cardholder.
Both cards offer bonus cash back on purchases at U.S. supermarkets and gas stations. American Express has examples of eligible merchants that you can review.
But the Blue Cash Preferred® Card from American Express wins this category, because it offers 6% back at U.S. supermarkets and 3% back at U.S. gas stations. Blue Cash Everyday® Card from American Express only offers 3% at U.S. supermarkets and 2% at U.S. gas stations (though you also get 2% back with this card on select U.S. department store purchases).
With either card, the bonus cash back only applies on up to $6,000 worth of purchases you make at U.S. supermarkets in a calendar year, but there’s no dollar limit to the bonus cash back at U.S. gas stations. You can also get 1% cash back on all other eligible purchases.
If you’re looking for additional rewards categories, the Blue Cash Preferred® Card from American Express also offers 3% cash back on transit (including taxis/rideshares, parking, tolls, trains, buses and more). You can also earn 6% cash back on select U.S. streaming subscriptions.
The Blue Cash Everyday® Card from American Express and the Blue Cash Preferred® Card from American Express have many identical cardholder benefits, including …
- Car rental insurance: Secondary coverage (i.e., secondary to your personal auto policy, if you have one) for damage to or theft of eligible rental vehicles.
- Extended warranties: This matches the U.S. manufacturer’s warranty on your eligible purchases (up to one additional year) on warranties for five years or less.
- Return protection: If a merchant won’t accept a return within 90 days of your purchase, you may be able to get a refund for up to $300 per item (limited to $1,000 per card member, per calendar year).
- Purchase protection: Get reimbursed for up to $1,000 per occurrence if an eligible item you buy is stolen or accidentally damaged (up to $50,000 per card member, per calendar year).
- Free ShopRunner membership: Enroll in complimentary membership to ShopRunner, which gives you free two-day shipping on eligible purchases at more than 140 online stores.
One slight advantage of the Blue Cash Everyday® Card from American Express is that it offers an introductory 0% APR purchase and balance transfer rate that lasts for 15 months, versus 12 months for the Blue Cash Preferred® Card from American Express.
But it’s not a big enough distinction to tip the scales — and there may be other cards out there that have better 0% introductory rate offers.
The Blue Cash Everyday® Card from American Express doesn’t have an annual fee, whereas the Blue Cash Preferred® Card from American Express has a $95 annual fee.
The former is the clear winner here, but don’t count out the latter just yet. Paying the Blue Cash Preferred® Card from American Express annual fee could be worth it if you usually spend enough at U.S. supermarkets and U.S. gas stations to earn rewards that offset that cost.
A cash back card could be a good option if you don’t want to deal with miles or points programs. But even if you earn a similar number of points or miles per $1 spent on purchases, travel rewards cards can offer potentially more-valuable rewards because you can redeem your miles or points for otherwise-costly flights or hotel stays.
Also, consider how and when you can redeem your cash back. With these American Express cards, you can redeem your rewards for statement credits once your rewards balance is at least 25 reward dollars.
In the battle between the Blue Cash Everyday® Card from American Express and the Blue Cash Preferred® Card from American Express, it all comes down to the bonus cash back versus the cost of the annual fee.
The Blue Cash Preferred® Card from American Express offers more rewards-earning potential, with 6% cash back at eligible U.S. supermarkets on up to $6,000 a year (then 1%), 6% on select U.S. streaming subscriptions, 3% at eligible U.S. gas stations, 3% on transit (including taxis/rideshares, parking, tolls, trains, buses and more) and 1% on all other purchases. But it can take a lot of cash back to offset the $95 annual fee.
To figure out which card is best for you, estimate how much you spend on the bonus categories and see if the rewards you’ll earn outweigh the annual fee.
Undecided? 3 no-annual-fee cash back cards to consider
|Best flat-rate cash back card||Citi® Double Cash Card|
|Best rotating category cash back card||Chase Freedom®|
|Best cash back card for dining out||Uber Visa Card|
The Citi® Double Cash Card is a no-hassle, flat-rate cash back card. You can earn 2% cash back on purchases — 1% when you buy and another 1% when you pay for those purchases.
The Chase Freedom® features a rotating list of bonus rewards categories. You can earn 5% cash back on your first $1,500 quarterly at merchants in select bonus categories you activate — which can add up to $300 in cash back rewards each year in bonus categories alone. You earn 1% cash back on all other eligible purchases.
From our partner
The Uber Visa Card isn’t just for those who use the popular ridesharing app. Using the card, you can earn cash back on a variety of purchases, including 4% cash back on dining, 3% cash back on hotels and airfare, 2% cash back on online purchases and 1% cash back on other eligible purchases.