Learn more about American Express Blue Cash Preferred Credit Card and know how you can apply!
The American Express Blue Cash Preferred Credit Card is a great choice if you are looking for a cash back card, with benefits. If you want a credit card that allows you to get back money spent on groceries, streaming subscriptions, transit, gas, and every other everyday purchases, this could be the card for you!
You can earn reward dollars everytime you use your credit card, that can be redeemed as a statement credit or for paying Amazon purchases. You can earn up to 6% cash back, and unlimited 1% cash back. Want to learn more about it? Keep reading and get to know its benefits and how to apply!
What are the benefits of Amex’s Blue Cash Preferred Credit Card?
- 0% intro APR on purchases and balance transfers for 12 months from the date of account opening, then a variable APR, 19.24% to 29.99%;
- $0 intro annual fee for the first year, then $95;
- 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (after the cap, you earn 1%);
- 6% Cash Back on select U.S. streaming subscriptions;
- 3% Cash Back at U.S. gas stations;
- 3% Cash Back on transit (including taxis/rideshare, parking, tolls, trains, buses and more);
- 1% Cash Back on other purchases.
- Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout;
- Get a $7 monthly statement credit after using your card to spend $9.99 or more each month on a subscription to the Disney Bundle (DisneyPlus.com, Hulu.com, or Plus.espn.com) in the U.S.;
- Use your card to pay for a subscription to Equinox+ at equinoxplus.com and receive $10 in monthly statement credits;
- With Send & Split, you can send money and split purchases on your Card with any other Venmo or PayPal user, directly from the Amex App.
- Get up-to-date information on your Reward Dollar balance, spending, and reward possibilities, all in a few clicks;
- You can request a Balance Transfer within the first 60 days of account opening;
- If there is a fraudulent or incorrect charge on your statement, American Express will work with you to help resolve the issue;
- The Online Year-End Summary, typically available in January, reflects charges posted to your account from January 1st through December 31st of the prior year;
- Buy now, pay later with Plan It. Split purchases of $100 or more into equal monthly installments with a fixed fee so you don’t have the pressure of paying all at once;
- With Return Protection, you may return eligible purchases to American Express if the seller won’t take them back up to 90 days from the date of purchase;
- Stay in the know with exclusive access to ticket presales and Card Member-only events in a city near you;
- Car Rental Loss and Damage Insurance;
- Global Assist Hotline.
Pros vs Cons?
| ✔️ PROS | ❌ CONS |
| Cash Back; Car Rental Loss and Damage Insurance; Global Assist Hotline; Return Protection; American Express Experiences; Plan It |
$95 Annual Fee |
| Internacional Coverage |
2,7% of International Transaction Fee |
| Intro APR Offer of 0% for a year |
After that, APR of 19.24% to 29.99% |
How do I apply for the American Express Blue Cash Preferred Credit Card?
To be eligible for this credit card, all you need is to be over 18 and have a Good/Excellent Credit Score. Here’s how it works:
Amex provides an online application process. So, access their credit card website and click on the option: “Apply Now”. During the application, you must provide any personal and financial information requested.
Then the bank will conduct a creditworthiness assessment to evaluate your credit history, income stability, and repayment capacity. This assessment helps determine the likelihood of credit card approval. Keep in mind that, the approved credit limit will also depend on it.