Blue Cash Preferred Card from American Express Review

Blue Cash Preferred Card from American Express Review

In today’s world, credit cards have become an essential tool for managing finances and making purchases. With so many options available, finding the right one for your needs can be challenging. The Blue Cash Preferred Card from American Express sits among the elite in cash-back credit cards and is perhaps the ideal card for families. In this review, we will take a detailed look at the Blue Cash Preferred Card from American Express, its features, benefits, rates, and fees to help you determine if it fits you best.

What is the Blue Cash Preferred Card from American Express?

The Blue Cash Preferred Card from American Express is a credit card that offers cashback rewards on purchases. It has gained popularity due to its attractive features and valuable benefits. This card is designed for individuals who use their credit cards frequently and want to earn rewards on their everyday expenses.

Quick Highlights:

• 6% cash back on U.S. supermarkets (up to $6,000 in purchases per year).
• 6% cash back on select streaming subscriptions.
• 3% cash back at U.S. gas stations and on transit expenses.
• 1% cash back on all other purchases.
• $0 intro annual fee for the first year, then $95.
• Earn a $250 statement credit after you spend $3,000 in purchases on your new card within the first six months.

Why Blue Cash Preferred Card from American Express?

The Blue Cash Preferred Card from American Express is ideal for individuals who want to make the most out of their expenses.

• If you spend a significant amount on groceries, gas, streaming services, and/or transit expenses, this card is perfect for you.
• With a credit score of 700 or higher, you can avail of the benefits of this card.
• Not only does this card offer a low introductory APR on purchases, but you can also redeem reward points for statement credits.

Blue Cash Preferred Card Rewards

The card’s cashback rewards can be redeemed as statement credits or deposited directly into your bank account. There is no limit on the amount of cashback you can earn, and rewards don’t expire.

Some of the Blue Cash Preferred Card Rewards are:

• Earn 6% cash back at supermarkets.
• Up to $6,000 per year in purchases (then 1%).
• Earn 6% cash back on selecting streaming subscriptions.
• Earn 3% Cash Back on Transit, including taxis, parking, tolls, trains, buses, and more.
• Earn 3% cash back at gas stations.
• Earn 1% Cash Back on Other Purchases.
• Maximize your savings with our Reward Dollars program, where you receive cashback that can be redeemed as a statement credit. Take advantage of this opportunity to get more for your money.

Rates and Fees

As with any credit card, it’s crucial to consider the rates and fees associated with the Blue Cash Preferred Card. These include:

• Foreign Transaction Fee: 2.7%
• Annual Fee: $95
• Regular APR: 19.24% to 29.99% (variable).
• Credit Limit: Based on creditworthiness and other factors
• Recommended Fico Score: Good to Excellent (670 to 850)
• Balance Transfer Fee: $5 or 3%, whichever is great.

How to Redeem Rewards of Blue Cash Preferred Card

Redeem online through your American Express account:

• Log in to your American Express account online.
• Click on the “Use Reward Dollars” option. It’s usually located in the “Rewards” or “Account Summary” section.
• Enter the number of reward dollars you want to redeem as a statement credit. You can redeem any amount, even less than your total balance.
• Review and confirm the redemption details.
• The statement credit will typically be applied to your account within three business days.

Redeem through the American Express app:

• Open the American Express app on your mobile device.
• Log in to your account.
• Tap on the “Rewards” tab.
• Select “Use Reward Dollars.”.
• Choose the “Statement credit” option.
• Enter the number of reward dollars you want to redeem.
• Review and confirm the redemption details.
• The statement credit will be applied to your account within three business days.

Exclusive Offers

Cardholders can also enjoy exclusive offers such as presale tickets to concerts and events, access to presale tickets for select sporting events, and savings on hotel bookings through American Express Travel.

Streaming services Amex Blue Cash Preferred cover

Cashback on selected U.S. streaming services like Netflix, Hulu, Pandora, and Spotify. Additionally, you can get an annual credit of up to $84 towards the Disney Bundle streaming subscription that includes Disney+, Hulu, and ESPN+.

Blue cash preferred Card from American Express Walmart

Walmart offers customers a range of convenient payment options to make their shopping experience hassle-free. Customers can choose the payment method that best suits their needs, from major credit and debit cards to Walmart gift cards. This ensures that everyone can shop at Walmart without concerns about not having the right form of payment. These payment options include American Express, Visa, Mastercard, and Discover. Customers can make purchases using any of these payment methods.

Dispute Resolution

If you notice any fraudulent or incorrect charges on your statement, American Express is committed to helping you resolve the issue.

Online Account Management

Accessing your account information online is quick and hassle-free. Check your reward dollar balance, spending, and potential rewards with just a few clicks.

Year-End Summary

In January, you’ll receive the year-end summary. It lists all the charges you incurred from January 1st to December 31st of the previous year.

Blue Cash Preferred Card from American Express Military

American Express offers special benefits for active-duty military service members. This includes waiving the annual fee and interest rates during deployment and offering additional travel benefits. American Express will not charge the annual fee for active-duty military members, spouses, and eligible dependents.

Card Features and Benefits

The Blue Cash Preferred Card from American Express has various features and benefits that make it stand out from other credit cards. Some of the most notable ones are:

Blue Cash Preferred Card Features

In addition to its cashback rewards, the Blue Cash Preferred Card offers various features that make it a convenient and secure purchase option. These include contactless payment options, fraud protection, and purchase protection.

• $120 Equinox+ Credit: Work out at home with Equinox+ and earn up to $120 annually. Use your Blue Cash Card to pay for a subscription to Equinox+ and enjoy
• Send & Split: From dinners to concert tickets, split your AMEX purchases with PayPal users directly from the Amex App.
• $84 Disney Bundle Credit: Get a $7 monthly statement credit after using your enrolled Blue Cash Card to spend $9.99 or more each month on a subscription to the Disney Bundle.

Additional Perks and Benefits

Beyond its features and rewards, the Blue Cash Preferred Card from American Express also offers additional perks and benefits such as extended warranty, return protection, and access to Amex Offers for discounts on various purchases.

• Car Rental Loss and Damage Insurance: When you use your Eligible Card to reserve and pay for the entire rental while declining the collision damage waiver at the Rental Company counter, you can rest assured that you are covered for damage to or theft of the rental vehicle in a covered territory. Our product provides secondary coverage and does not include liability coverage.
• Global Assist Hotline: Moreover, when you travel more than 100 miles from home, the Global Assist Hotline is available 24/7 to provide emergency assistance and coordination services, including medical and legal referrals, emergency cash wires, and missing luggage assistance.
• Return Protection: American Express offers Return Protection, allowing eligible purchases to be returned if the seller refuses to accept them. This service applies to purchases made in the U.S. or its territories, with a maximum refund of $300 per item and up to $1,000 per calendar year per Card account for purchases made entirely with your eligible American Express Card.

Application and Approval Process

The process is simple and straightforward if you’re interested in applying for the Blue Cash Preferred Card from American Express. You can apply online or by phone, and if approved, you’ll typically receive your card within 7-10 business days.

How to Apply for the Blue Cash Preferred Visa Card

To apply for the Blue Cash Preferred Card, follow these steps:

• Visit the American Express website.
• Fill out the application form with your personal and financial information.
• Submit any required documents for verification.
• Wait for a decision on your application.

Blue Cash Preferred Card Contact and Support

• Helpline Number: 1-888-826-3471
• Customer service Number: 888-800-8564
• Web Address: Official Website

Conclusion

In conclusion, the Blue Cash Preferred Card from American Express offers a range of benefits and rewards, making it an attractive option for those looking to earn cashback on their purchases. Its additional features, travel benefits, and exclusive offers add value to cardholders.

However, it’s essential to carefully review its rates and fees before applying to ensure it aligns with your financial goals and needs. If you’re a frequent credit card user looking to maximize your cashback rewards, the Blue Cash Preferred Card may fit you.

American Express Cards You May Consider: American Express Blue Business CashTM Card