American Express
Amex Blue Cash Preferred
$95 / yr (waived year 1) · Earns Cash Back
The Blue Cash Preferred is a cash-back card best suited for households that spend heavily on groceries, streaming, gas, and transit. It offers strong flat-rate rewards in those everyday categories for a $95 annual fee (waived the first year).
Earning rates
| Category | Rate | Notes |
|---|---|---|
| Streaming | 6% | |
| Everything else | 1% |
Benefits
Welcome Bonus
- Welcome Offer Cash Back$300
You may be eligible for up to $300 cash back after spending $3,000 on purchases within your first 6 months. Rewards are issued as Reward Dollars redeemable for statement credits or at Amazon.com checkout. Eligibility varies and is not guaranteed.
Bonus Earnings
- 6% Cash Back on Select U.S. Streaming Subscriptions6% / yr
Earn 6% cash back on select U.S. streaming service subscriptions. This is one of the highest cash-back rates available on streaming, making it a natural fit if you subscribe to multiple services.
Resets: Yearly - 3% Cash Back at U.S. Gas Stations and on Transit3% / yr
Earn 3% cash back at eligible U.S. gas stations and on transit spending. Transit covers a wide range of options including rideshare, taxis, buses, trains, parking, and tolls.
Resets: Yearly - 1% Cash Back on Other Purchases1% / yr
Any purchase that doesn't qualify for a higher bonus rate earns 1% cash back. This applies to everything outside the card's elevated categories, so no spending goes unrewarded.
Resets: Yearly
Statement Credits
- Disney Streaming Statement Credit$10 / moTrackableEnrollment required
Get up to $10 back per month as a statement credit when you use your card on Disney+, Hulu, or ESPN+ at their U.S. websites, worth up to $120 per calendar year. Enrollment is required to activate this benefit.
Resets: Monthly
Rental Car
- Secondary Rental Car Insurance
When you pay for a rental car with this card and decline the rental company's collision damage waiver, you get secondary coverage for theft or damage. This means your personal auto insurance pays first, and this benefit covers remaining eligible costs.
Resets: Yearly
Fees & Miscellaneous
- Introductory Annual Fee Waiver$95
The $95 annual fee is waived for your first year of card membership, giving you a full year to earn rewards and evaluate the card before the fee kicks in starting year two.