Blue Cash Preferred Increases Annual Fee to 95
Advertiser Disclosure
American Express Blue Cash Preferred vs. Blue Cash Everyday: Preferred Offers Better Value, Despite Annual Fee
| 6 Min Read 
Holly Johnson
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Expert for Maximum Value
Editor'south Score: (4.3/v)
Editor's Score: (4.3/5)
Blueish Greenbacks Preferred® Menu from American Express
Learn More
Editor'south Score: (iv.iii/5)
Editor'due south Score: (4.3/5)
Rewards rate:
half-dozen% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then ane%). 6% Greenbacks Back on select U.Southward. streaming subscriptions. 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.
Good for No Annual Fee
Editor'southward Score: (4.i/v)
Editor'due south Score: (4.1/v)
Bluish Cash Everyday® Card from American Express
Learn More than
Editor's Score: (4.ane/5)
Editor's Score: (4.1/five)
Rewards rate:
iii% Cash Back at U.S. supermarkets (on up to $six,000 per year in purchases, and then i%). 2% Greenbacks Back at U.S. gas stations. 1% Cash Back on other purchases.
-
Intro offer:
$350 -
Annual fee:
$95 -
Regular APR:
fifteen.49%-25.49% Variable -
Recommended credit score:
670-850 (Good to Excellent) - Rewards rate:
6% Greenbacks Back at U.Due south. supermarkets on up to $6,000 per year in purchases (then 1%). half dozen% Cash Back on select U.S. streaming subscriptions. iii% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. 3% Cash Back at U.S. gas stations. 1% Greenbacks Dorsum on other purchases.
-
Intro offer:
$200 -
Annual fee:
$0 -
Regular April:
xv.49%-25.49% Variable -
Recommended credit score:
670-850 (Good to Excellent) - Rewards rate:
3% Cash Back at U.Due south. supermarkets (on up to $half dozen,000 per twelvemonth in purchases, then 1%). ii% Greenbacks Back at U.S. gas stations. i% Greenbacks Dorsum on other purchases.
Pros and Cons
Pros
- Great rewards in everyday spending categories
- 0% introductory interest offer for new purchases
- Competitive welcome bonus
Cons
- $95 annual fee
- No intro offer for residue transfers
- U.S. supermarket 6% rewards capped later on $6,000 annual spend
Pros and Cons
Pros
- Everyday rewards categories
- No annual fee
- Valuable welcome offer
- 0% introductory buy APR for xv months
Cons
- $25 minimum greenbacks back redemption
- 2.7% foreign transaction fee (See Rates & Fees)
Additional Card Details
- 0% introductory Apr on purchases for the first 12 months, then xv.49% – 25.49% variable April
- Early upshot ticket access and seating through American Express Experiences
- Eligible for Amex Pay Information technology, Plan It
- Travel protections
- Purchase protections
- Minimum $25 rewards redemption
Additional Carte Details
- 0% intro April on purchases for 15 months from the engagement account opening, then 15.49%-25.49% variable April
- Cash Back is received in the form of Reward Dollars that can exist redeemed equally a statement credit
- Access to presales and exclusive seating through American Express Experiences
- Travel and purchase protections
- Amex Pay Information technology, Programme It
NextAdvisor's Have
The sis American Express Blueish Cash Preferred and Blueish Cash Everyday credit cards are valuable greenbacks back options from American Express, with rewards at supermarkets, gas stations, and other everyday spending categories. The Blue Greenbacks Preferred charges a $95 almanac fee), unlike the no annual fee Blueish Cash Everyday, but its higher rewards rates, additional bonus categories, and additional welcome offer make information technology the improve pick for almost people.
American Express offers a broad range of rewards credit cards, from travel credit cards that earn American Express Membership Rewards points to co-branded credit cards with airlines and hotels and cash back credit cards.
They may not be as flashy as some of Amex's more premium travel options, simply ii pop cash back credit cards from this issuer — the Blue Cash Everyday® Carte from American Limited and the Bluish Cash Preferred® Card from American Express — offer cardholders keen value.
Both offer greenbacks dorsum rewards in everyday spending categories, but the Blue Cash Preferred offers a higher rate of rewards on spending and a higher welcome offer. In substitution, you'll pay an ongoing almanac fee and must meet a higher spending threshold — which can make it ideal for families who dedicate a large portion of their monthly budget to groceries, gas, and streaming services.
The no almanac fee Blueish Cash Everyday (See rates & fees), on the other hand, is the more affordable option, just yous'll forgo some rewards value. If you're not sure you could reach the spending cap for the Preferred carte to maximize rewards categories or score the bonus, this may be the better choice.
Here'due south how the Blueish Cash Preferred Card and Blue Greenbacks Everyday stack up in terms of overall rewards value and utility.
Side-by-Side Comparison
| Blue Cash Everyday Card | Blue Cash Preferred Menu | |
|---|---|---|
| Annual Fee | $0 | $95 annual fee (See rates & fees) |
| Welcome Offering | Earn $100 back after yous spend $2,000 in purchases on the Carte du jour within the showtime 6 months of account opening Also earn 20% back on Amazon.com purchases for the first half dozen months (upward to $150 dorsum) | Earn $350 back after you spend $iii,000 in purchases on the Carte du jour within the offset 6 months of account opening |
| Cash Back Rewards | • 3% cash dorsum at U.S. supermarkets on up to $6,000 per yr (then 1%) back • two% back at U.S. gas stations and select department stores • 1% back on other eligible purchases | • half dozen% cash back at U.Southward. supermarkets on up to $6,000 per year (then 1%) back • half dozen% back on select U.South. streaming services • 3% back at U.S. gas stations and on transit • ane% back on other eligible purchases |
| Other Benefits | • 0% APR on purchases for xv months, followed past a variable April of 15.49% to 25.49% (See rates & fees) • Render protection • Global Aid hotline • Pay information technology Program information technology • Payment flexibility | • 0% APR on purchases for 12 months, followed by a variable Apr of fifteen.49% to 25.49%(Run across rates & fees) • Return protection • Global Assistance hotline • Pay it Plan it • Payment flexibility |
Bonus Comparison
Between these two cards, the Blue Cash Preferred offers more first-twelvemonth rewards potential, with a higher minimum spending requirement to become the introductory bonus.
To earn the $350 welcome bonus, you lot'll need to spend $3,000 inside the outset six months, or about $500 per month.
With the Blue Cash Everyday, yous tin can get $100 back inside the commencement vi months if you spend at least $2,000, or well-nigh $333 per month. And for that menu's Amazon.com bonus, yous'd need to spend $750 to reach the $150 rewards max within the beginning six months, or about $125 monthly.
The Blue Cash Preferred is better in terms of its welcome offer. Nonetheless, keep your budget in mind. The Blue Cash Preferred does require more upfront spending, and then if your regular spending isn't high plenty to have full advantage of the welcome offering, you might get more value from the Blue Cash Everyday.
Rewards Comparing
Once more, the Blue Cash Preferred is superior in terms of the rewards you lot tin earn, which are higher than the earning rates on the Blue Cash Everyday.
When y'all utilise for the Bluish Cash Preferred, you'll earn half-dozen% cash dorsum at U.South. supermarkets on upwards to $half-dozen,000 per twelvemonth (then ane%) back, 6% back on select U.Southward. streaming services, 3% back at U.S. gas stations and on transit, 1% back on other eligible purchases.
While the Blueish Cash Preferred does accuse a $95 annual fee, the higher earning rate at U.S. supermarkets tin can more than brand up for it. You lot can max out the vi% back at U.Due south. supermarkets on the Blue Cash Preferred with $6,000 in spending per yr, or $500 per calendar month. At that rate, you would earn $360 in rewards in this category alone.
By contrast, the Bluish Cash Everyday only offers 3% back on up to $6,000 spent at U.South. supermarkets per year (and then 1% back). If you spent $500 per month at U.Due south. supermarkets with this bill of fare, maxing out this bonus category would yield you just $180 in greenbacks back per year.
In other words, fifty-fifty accounting for the Blue Greenbacks Preferred'southward $95 annual fee, you lot could cyberspace an additional $85 cash back just on U.Due south. supermarket spending every yr you have the card.
Don't forget about these cards' other bonus categories, also. Both offer rewards on gas and transit, though the Blue Greenbacks Preferred is again slightly college (iii% vs. ii% cash back with Blue Cash Everyday). The biggest difference is the Bluish Cash Preferred's vi% back on select U.Due south. streaming services. Instead of streaming, the Blueish Greenbacks Everyday offers 2% cash back at select department stores. These may non make enough departure to outweigh the 6% benefit at U.Due south. supermarkets, just may factor into your decision depending on your individual spending habits.
APRs
The Blueish Cash Everyday Carte du jour has a 0% intro Apr for 15 months on purchases from the appointment of account opening and the Bluish Cash Preferred Card offers 12 months on purchases from the date of account opening. Both cards come with the same regular variable Apr of 15.49% to 25.49%.
Pro Tip
If yous want to save money on interest for as long as possible, the Blue Cash Everyday Carte is the best choice here. This card gives you lot 0% APR on purchases for fifteen months, followed by a variable APR of xv.49% to 25.49%
If y'all have a large upcoming purchase to brand, the Blue Cash Everyday Carte du jour's longer introductory period can give you a little more fourth dimension to pay down your residue.
Fees
Different many other tiptop cash back credit cards, the Blue Greenbacks Preferred Menu charges a $95 annual fee,. The Blue Cash Everyday Card doesn't charge an almanac fee at all.
Other than that, fees on these cards are very similar. Both charge a 2.seven% strange transaction fee if you brand purchases outside the U.s.a., and both have a tardily fee and a returned payment fee upwardly to $40. (See rates & fees) (Run into rates & fees)
Neither menu allows rest transfers right now, and then if you're looking to consolidate high-interest debt, explore the best residuum transfer credit cards from other issuers on the marketplace today.
Acquire More
Blue Cash Preferred® Card from American Limited
Editor's Score: (4.3/5)
Editor'southward Score: (4.3/five)
- Intro offer:
$350
- Annual fee:
$95
- Regular Apr:
15.49%-25.49% Variable
- Recommended credit:
670-850 (Good to First-class)
- Learn more At our partner's secure site Come across Rates & Fees, Terms Apply.
Learn More
Blue Cash Everyday® Card from American Express
Editor's Score: (4.1/five)
Editor's Score: (4.ane/v)
- Intro offer:
$200
- Annual fee:
$0
- Regular April:
xv.49%-25.49% Variable
- Recommended credit:
670-850 (Skilful to Excellent)
- Acquire more At our partner's secure site See Rates & Fees, Terms Utilise.
Larn More
Chase Freedom Unlimited®
Editor's Score: (4.7/v)
Editor's Score: (4.7/five)
- Intro offer:
Earn an Additional 1.5% Cash Back
- Annual fee:
$0
- Regular Apr:
fifteen.74% – 24.49% Variable
- Recommended credit:
670-850 (Adept to Splendid)
- Utilise Now At Chase'southward secure site
Deciding Between Amex Blue Cash Preferred and Amex Bluish Cash Everyday
If you lot spend at least $500 per month at U.S. supermarkets, the Blueish Cash Preferred Carte du jour will leave yous alee every year — even subsequently the $95 annual fee kicks in. The exceptional rewards rate at U.S. supermarkets is more than enough to wipe out the annual fee on its own, yet you'll nevertheless earn more rewards in other categories like U.S. streaming services and gas and transit.
But if your spending isn't quite enough to maximize that 6% rate, or you lot simply prefer a cash back card that never charges an annual fee, Bluish Cash Everyday offers dandy value in everyday rewards categories also.
Before you lot determine, evaluate your upkeep, and take fourth dimension to compare how each of these cards might fit into your spending plan.
For rates and fees of Bluish Cash Preferred® , please click hither
For rates and fees of Blue Greenbacks Everyday®, please click here
Source: https://time.com/nextadvisor/credit-cards/comparisons/amex-blue-cash-preferred-vs-everyday/
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