Blue Cash Preferred® Card from American Express

Cardholders' Choice i
Cardholders' Choice i
Apply by phone: 1-800-297-6700
  • Apply by 1/11/2017- Earn 10% cash back on purchases at Amazon.com in the first 6 months, up to $200. 
  • Terms and Conditions apply.
  • Plus, earn $150 back after you spend $1,000 in purchases on your new card within the first 3 months. 
  • You will receive cash back in the form of statement credits. 
  • Everyday Cash Back: 6% at U.S supermarkets on up to $6,000 per year in purchases (then 1%); 3% at U.S gas stations; 1% other purchases. Terms and limitations apply. 
  • 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.  You can only earn cash back on eligible purchases. 
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable rate, currently 13.24% to 23.24%, based on your creditworthiness and other factors. 
  • Visit our credit card partner’s site in order to learn more and securely apply for the Blue Cash Preferred® Card from American Express
Annual Fee:
$95
Purchase Intro APR:
0%*
(12 months)
Purchase Regular APR:
13.24% - 23.24%*
Variable
Balance Transfer Intro APR:
0%*
(12 months)
Balance Transfer Regular APR:
13.24% - 23.24%*
Variable

Details, Rates & Fees

Click here for Additional Details

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* See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the 'Apply Now' button, you can review the credit card terms and conditions on the provider's website.

Cash Advance Rate 25.49%
Cash Advance Fee 3%, Min: $5
Late Fee Up to $38
Penalty APR 29.49%
Balance Transfer Fee 3%, Min: $5
Foreign Transaction Fee 2.7%
Return Payment Fee Up to $38

Rewards

Sign-Up Bonus

Earn $150 after you spend $1,000 in 3 months.

All Purchases

1% cash back per dollar

No cap on spending

Gas

3% cash back per dollar

Everyday Cash Back: 6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 3% at U.S. gas stations; 1% other purchases. Terms and limitations apply.

Groceries

6% cash back per dollar

Everyday Cash Back: 6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 3% at U.S. gas stations; 1% other purchases. Terms and limitations apply.


Cardholders' Reviews

The following information and reviews are brought to you by Credit Karma and/or its users. Banks, issuers, and credit card companies do not endorse or guarantee, and are not responsible for this content.
Most Helpful Positive Review
jvought
Amex might just be the best...
by jvought
Helpful to 54 out of 54

I recently applied for this card card a few weeks ago. I've been an Amex member for 3 years now... Between them and Chase, they have great programs and customer service. I mainly went after this card due to my credit been in much better standing after repairing it since the recession. The first Amex card I ever applied and was instantly approved for was the Amex Blue sky card (which I would strongly suggest to those with "fair" as they're easier to be approved for) for a whopping 1k! lol!

I was still grateful as it get me in the door with Amex, my credit was maybe in the low 600s at that time in 2013. I would use it for everyday spending and pay off as soon as I could and it was one of the only cards I've had where they seem to automatically increase your CL without asking (Barclay was the only other one). Went all the way up to $4800 on it's own. I then did some research on how Amex is one of the only cc companies that does a "soft" pull only when requesting a CLI, which is a huge benefit (almost all cc companies pull a hard inquiry when requesting a CLI). From my research the magic number of days to wait for is 61 days from opening the card (with a low balance, don't waste your time if it's high, you'll more than likely be rejected) and 6 months from your last CLI request. The magic amount to ask for is no more than 3x your existing CL. I took this advice and applied, sure enough I got my CL doubled! A little disappointed that it didn't go from $4200 to $12,600, but was still happy with the $8,400 being that it was so painless and easy. Remember to always include a raise in income, if you demand more than what you're instantly approved for, be prepared to back up that income (which can always be a pain to provide). Still overall happy with the experience!

I then applied for this card since getting a little more confident with my background with Amex... Sure enough, instantly approved for $5,500 CL! I mainly got this card, because my wife's biggest spending happening at Supermarkets and department stores. This is the only card out there that offers 6% cb on anything, 5 is the highest I've seen and that on;y on the cards that mostly offer rotating categories. Plus, the 3% unlimited cb at select department stores is a huge plus as my wife likes to go shopping a lot (god bless her). I plan to continue keeping a low balance and applying for a CLI on my 61st day and will be sure to update everyone if when it takes place to confirm...

To those who've gotten declined for this card or another in that matter... NEVER forget to ALWAYS call the reconsideration number. I've NEVER gotten declined after doing so. Don't get me wrong, it may take a few times and a few different reps, but it eventually works when you keep trying. Just make sure when applying for higher tier benefit rich cards such as this one that you have an exp score (most popular credit bureau for cc companies) of 680 or higher! If not, don't waste the hard pull on your credit. Remember that hard pulls will stay on your credit for 2 years (only affect your score directly for 1 year, but will still be viewable to credit companies to see how much credit you've been applying for in such a short period of time). The card companies won't pull another inquire for 30 days after you first applied for the card. So you've already taken the ding on your credit with the hard pull anyway, so why not give it a shot at the reconsideration line. Call everyday for 30 days if you have to! lol! Just because one rep rejected you, doesn't mean the next one will as well. Just pretend the prior call never took place. If you just sit around and wait for your letter within the next 7-10 business days, it's a 99% chance of being a rejection letter. So what are you waiting for?

In closing, Amex and Chase are the best cc companies I've came across and I have 16 cc's! lol

Hope this helps everyone, thanks again Amex!

tu 719 eq 740 exp 693

The following information and reviews are brought to you by Credit Karma and/or its users. Banks, issuers, and credit card companies do not endorse or guarantee, and are not responsible for this content.
Most Helpful Negative Review
Anonymous
Can't beat the rewards, transfer sucks!!
by Anonymous
Helpful to 80 out of 87

Amex does not advertise the balance transfer limit up front, nor do they disclose it unless you attmept or inquire about it.  They lure you with rewards and 0% on transfer.  The rewards are top notch. The transfer is garbage, had I known the max limit was $7,500, I would have requested a lower limit for the rewards and opened a second card such as Discover for the balance transfer benefits.  Why would I get a third card with a 20k limit if I can't even use the 50% transfer because they cap it at 7500 and don't tell you until after you make the request.  Customer service is all in India, and they could care less about customer satisfaction.  Still waiting for a call back from a supervisor, been 3 days now.  I don't want to open another card because it increases credit risk, so now I'm stuck with not being able to consolidate as planned.  If you have more than 7500 to move around, this card is not the one to do it with.  Just use it for rewards only.  


Our Take

The Blue Cash Preferred® Card from American Express is a great choice for consumers with good to excellent credit who are looking for attractive cash back rates.

What to Like

The Blue Cash Preferred® Card from American Express pays out 6% cash back at supermarkets on up to $6,000 per year in purchases (then 1%), 3% at gas stations and select department stores and 1% cash back everywhere else. Cardholders can also earn a $150 bonus for $1,000 spent in the first three months, all with no rotating categories. There’s also a 0% introductory APR for 12 months on purchases and balance transfers. And to top it all off, if you apply by 1/11/2017 you can earn 10% cash back on Amazon.com purchases over the first 6 months (up to a $200 limit).

Look Out For

You’ll have to balance the benefits of the cash back rewards against a $95 annual fee. The card also includes a 3% fee for balance transfers and a 2.7% foreign transaction fee.

Similar Offers

† Credit Karma looks at how your credit profile compares to other Credit Karma members who were approved for this product. Of course, there's no such thing as a sure thing, but knowing whether your Approval Odds are Very Good, Good, Fair or Poor may help you narrow down your choices.

‡ Average score refers to the arithmetic mean, typical low score to the 5th percentile and typical high score to the 95th percentile of, in each case, available VantageScore 3.0 credit scores provided by TransUnion of Credit Karma members who were approved for this product from June 2016 through November 2016. Average and typical approved scores are provided as guidelines only and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.

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