Is the Amex Blue Cash Preferred worth it?

The Blue Cash Preferred® Card from American Express is among the most stable earners within the mid-tier cash-back card bucket.

With a $0 introductory annual charge (then $95 yearly thereafter; see rates and fees), you will take pleasure in perks like month-to-month assertion credit towards Disney+ purchases after you enroll, plus stable incomes charges.

However is it value paying $95 to maintain it annually? Let’s dive in to seek out out.

Proper now, the Blue Cash Preferred is providing $250 money again (by way of assertion credit score) after you spend $3,000 on eligible purchases inside the first six months of card membership; attaining this welcome provide equates to $500 a month in purchases.

And that is earlier than you issue within the card’s different advantages.

The Blue Cash Preferred presents the next useful incomes charges:

• 6% money again on choose U.S. streaming subscriptions
• 6% money again at U.S. supermarkets (on as much as $6,000 per calendar 12 months, then 1%)
• 3% money again on transit (parking, tolls, ride-hailing apps, subway, and many others.)
• 3% money again at U.S. gasoline stations
• 1% money again in all places else

Money again is obtained within the type of Reward {Dollars} that may be redeemed as an announcement credit score or at Amazon.com checkout.

Placing apart the welcome provide, it is probably that the 6% money again at U.S. supermarkets alone would make up for a lot of the Blue Money Most well-liked’s annual charge. For instance, spending $50 weekly at U.S. supermarkets would internet you $156 in money again yearly.

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The truth is, TPG bank cards editor Daisy Hernandez will get wonderful worth from her Blue Money Most well-liked card — over $400 in money again yearly for the previous decade that she’s had it.

With the Blue Cash Preferred, you possibly can enroll to obtain a $7 month-to-month assertion credit score (as much as $84 again yearly) after spending $9.99 or extra on an eligible subscription to The Disney Bundle — which incorporates Disney+, Hulu and ESPN+ — utilizing your card (legitimate solely at disneyplus.com, hulu.com or plus.espn.com within the U.S; topic to auto-renewal).

Should you’re already spending cash on these companies, switching to paying together with your Blue Money Most well-liked ought to be simple, and you may obtain a pleasant low cost.

The Blue Cash Preferred additionally presents a number of journey and procuring protections.

You may take pleasure in secondary rental automotive insurance coverage when paying for the rental together with your card, as much as $50,000 of safety towards theft or harm.*

The International Help Hotline presents medical, authorized, monetary and different emergency companies coordination 24 hours a day, seven days every week when touring greater than 100 miles from residence. This service gives coordination solely, nevertheless, and you will be liable for the prices of any third-party companies you utilize.**

For purchases made together with your card, you possibly can take pleasure in an additional 12 months on high of producers’ warranties of 5 years or much less, due to prolonged guarantee safety. This protection is restricted to the quantity paid for together with your card — as much as $10,000 and an annual restrict of $50,000.^

You can also take pleasure in return safety, which covers gadgets bought within the final 90 days for which the service provider will not settle for a return. You may be refunded for the complete buy worth (excluding transport and dealing with prices) — as much as $300 per merchandise and as much as $1,000 per 12 months. This is applicable solely to purchases within the U.S. or U.S. territories, nevertheless.

Buy safety is one other card profit that covers gadgets bought together with your card within the final 90 days however which might be broken, stolen or misplaced. You may be coated for as much as $1,000 per declare and as much as $50,000 per 12 months.^

*Eligibility and profit stage varies by card. Not all car sorts or leases are coated, and geographic restrictions apply. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm. Protection is obtainable via American Specific Journey Associated Companies Firm, Inc.
**Eligibility and profit stage varies by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Cardmembers are liable for the prices charged by third-party service suppliers.
^Eligibility and profit ranges fluctuate by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm.

Between the assertion credit, useful earnings charges and useful procuring and journey protections, most customers can extract loads of worth from the Blue Cash Preferred. And that is earlier than factoring within the welcome provide and $0 introductory annual charge. There is a motive we predict it is top-of-the-line cash-back cards in the marketplace.

To study extra concerning the card, learn our full review of the Blue Cash Preferred.

Apply right here: Blue Cash Preferred Card from American Express

For charges and costs of the Blue Money Most well-liked, click on here.