I posted two prior reviews, one on the application process and one since having the card. I have had the card two months now. On my 60th day (4/9/17) I applied for a CLI (read reviews and everyone said they applied after 60 days and got 3X the current limit) so I was told I had to wait until the day after 60 days. Well, I applied and it is true I was approved for 3 times my original limit. I started with 2k which I was initially surprised anyway due to my credit score (thought it would be more like $500) and now I am at 6K. I read some comments that people do not believe that individuals are getting these limits. I can attest this is true, when I was initially approved I had a 659 credit score with three collections, several store cards, subprime credit cards and 27% utilization. I now have a 673 Experian score and 1% utilization across all accounts. I follow the recommendations of charging and paying off in full so I only charge what I was going to pay in cash anyway (monthly bills, gas, etc). Do the prequalifier first!
ADDITIONAL RATINGS YOU MIGHT FIND HELPFUL
- Balance Transfer Intro APR Not Applicable
- Balance Transfer Regular APR 13.99% - 24.99%* Variable
- Annual Fee $0 intro, $95 after first year
- Purchase Intro APR Not Applicable
- Purchase Regular APR 13.99% - 24.99%* Variable
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 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.
Look Out For
The card also includes a 3%, Min: $5 fee for balance transfers and a 2.7% foreign transaction fee.
Most Helpful Positive Review
Most Helpful Negative Review
İ got the card 2 years ago. They gave më 7000 limit and then after 1 year they made it 17000. That's good. But the only problem is 6% cash back works only för some markets. İt does not give 6% from costco , walmart where i go för shopping most often.when i applied i was dxpecting a 500 $ cashback per year but i can only get around 200..
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Sample Size: 1,642
Data Created: February 02, 2015
Note: Sample data consists of Credit Karma members who hold this card.
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