The Blue Cash Preferred Card from American Express allows cardholders to earn 6% cash back at U.S. grocery stores up to $6,000 annually. Spending $500 monthly yields $360 in rewards. Additionally, users earn 6% on select streaming services, 3% on transportation and gas, and 1% on all other purchases. New subscribers may also benefit from a sign-up bonus of $250 to $350 if spending requirements are met. While there is a $95 annual fee, the card offers ample opportunities to earn back this cost, particularly with strategic spending.
The Blue Cash Preferred Card from American Express earns 6% cash back at U.S. grocery stores on up to $6,000 a year, totaling $360 for a $500 monthly spend.
Cardholders save 6% on select streaming services, 3% on transportation, 3% on gas, and 1% on everything else after exceeding the grocery cap, redeemable as statement credits.
New cardholders can receive a sign-up bonus of $250 to $350, increasing first-year rewards to $610 or $710 if grocery spending caps are maxed.
The Blue Cash Preferred Card has an annual fee of $95, justified by the potential cash back earning, particularly if full grocery spending is achieved.
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