About Blue Cash Preferred® Card from American Express
The Blue Cash Preferred® Card from American Express is a popular cashback credit card that offers generous rewards on everyday purchases. Here’s what you need to know:
Rewards:
- The card offers 6% cashback at U.S. supermarkets (up to $6,000 in purchases per year), 6% cashback on select U.S. streaming subscriptions, 3% cashback at U.S. gas stations and on transit (such as taxis, ride shares, parking, tolls, trains, and buses), and 1% cashback on all other purchases.
- Cardholders also receive a welcome bonus of $300 after spending $3,000 on purchases within the first 6 months of account opening.
Fees and Interest Rates:
- The Blue Cash Preferred® Card from American Express has a $0 introductory annual fee for the first year, and then a $95 annual fee thereafter.
- The card has an introductory 0% APR on purchases for the first 12 months, followed by a variable APR of 13.99% – 23.99%.
- The card charges a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
Other Benefits:
- The card includes a number of additional benefits, such as purchase protection, extended warranty coverage, and access to Amex Offers, which can save you money on a variety of purchases.
- Cardholders also have access to American Express’s 24/7 customer service and the ability to use the card with mobile payment options such as Apple Pay and Google Pay.
Overall, the Blue Cash Preferred® Card from American Express is a great choice for those who spend a lot on groceries, streaming services, gas, and transit, and want to earn cash back on those purchases. While the card does have an annual fee, the generous rewards and additional benefits can easily outweigh that cost.
Why choose Blue Cash Preferred® Card from American Express
Looking for a credit card that rewards you for everyday purchases and helps you save money in the process? The Blue Cash Preferred® Card from American Express is the perfect choice for you.
With 6% cashback at U.S. supermarkets (up to $6,000 in purchases per year), 6% cashback on select U.S. streaming subscriptions, 3% cashback at U.S. gas stations and on transit, and 1% cashback on all other purchases, you can earn rewards quickly and easily. Plus, with a welcome bonus of $300 after spending $3,000 on purchases within the first 6 months of account opening, you can start earning rewards right away.
But that’s not all – the Blue Cash Preferred® Card from American Express also offers a range of other benefits, such as purchase protection, extended warranty coverage, and access to Amex Offers, which can save you money on a variety of purchases. Plus, with 24/7 customer service and the ability to use the card with mobile payment options like Apple Pay and Google Pay, you can manage your account easily and securely.
Finally, while the Blue Cash Preferred® Card from American Express does have an annual fee, the generous rewards and additional benefits can easily outweigh that cost, making it a smart choice for anyone looking to save money and earn rewards on their everyday purchases. So why wait? Apply for the Blue Cash Preferred® Card from American Express today and start enjoying the benefits of this exceptional cashback credit card.
How to apply for Blue Cash Preferred® Card from American Express
You can apply for the Blue Cash Preferred® Card from American Express online by following these steps:
- Visit the American Express website and click on the “Apply Now” button for the Blue Cash Preferred® Card.
- Fill out the application form with your personal information, including your name, address, and Social Security number.
- Provide your financial information, including your income and employment status.
- Review and accept the terms and conditions of the card agreement.
- Click the “Submit” button to send in your application.
After submitting your application, you will typically receive a decision within minutes. If your application is approved, you will receive your card in the mail within 7-10 business days.
Note that American Express may require additional information or documentation to verify your identity or financial information, and your approval odds will depend on your creditworthiness and other factors. If you have any questions about the application process or the Blue Cash Preferred® Card, you can contact American Express customer service for assistance.
What are my approval odds for Blue Cash Preferred® Card from American Express?
The approval odds for the Blue Cash Preferred® Card from American Express depend on a variety of factors, including your credit score, credit history, income, and debt-to-income ratio.
American Express typically requires applicants to have a good to excellent credit score (typically 670 or higher) to be approved for the Blue Cash Preferred® Card. Additionally, applicants with a history of responsible credit use, a low debt-to-income ratio, and a stable source of income may be more likely to be approved for the card.
It’s worth noting that American Express also considers other factors beyond your credit score, such as your payment history with American Express and other creditors, your income, and your employment status. So even if your credit score is lower than the typical minimum, you may still be approved for the Blue Cash Preferred® Card if you have other positive factors in your application.
Ultimately, the only way to know your specific approval odds for the Blue Cash Preferred® Card is to apply for the card and undergo the approval process. However, you can check your credit score and credit history beforehand to get an idea of your overall creditworthiness and the likelihood of being approved.
FAQs about Blue Cash Preferred® Card from American Express
- What rewards does the Blue Cash Preferred® Card from American Express offer?
The Blue Cash Preferred® Card offers cashback rewards on purchases made at U.S. supermarkets, U.S. gas stations, and select U.S. streaming services. Cardholders can earn 6% cash back on the first $6,000 in purchases at U.S. supermarkets each year, then 1% thereafter; 6% cash back on select U.S. streaming subscriptions; 3% cash back at U.S. gas stations and on transit purchases; and 1% cash back on all other purchases.
- Does the Blue Cash Preferred® Card have an annual fee?
Yes, the Blue Cash Preferred® Card has an annual fee of $0 introductory annual fee for the first year, then $95.
- What credit score do I need to be approved for the Blue Cash Preferred® Card?
American Express typically requires applicants to have a good to excellent credit score (typically 670 or higher) to be approved for the Blue Cash Preferred® Card. However, other factors beyond your credit score will also be considered in the approval process.
- Does the Blue Cash Preferred® Card offer a signup bonus?
Yes, the Blue Cash Preferred® Card offers a welcome bonus of $300 cashback after spending $3,000 in purchases on the card within the first 6 months of account opening.
- Are there foreign transaction fees with the Blue Cash Preferred® Card?
Yes, the Blue Cash Preferred® Card has a foreign transaction fee of 2.7% of each transaction after conversion to US dollars.
- Can I redeem my rewards for anything other than cash back?
Yes, in addition to cash back, Blue Cash Preferred® Cardholders can also redeem rewards for statement credits, gift cards, and merchandise through the American Express rewards program.
