American Express has spent the last few years enticing new customers with a variety of card refreshes, hefty welcome offers, and waived annual fees. Now, we’re seeing these same incentives on the Blue Cash Preferred® Card from American Express, whose offer includes the ability to miss out on the first year’s annual fee.
Let’s take a look at different ways to find this offer, the card’s benefits, and ways to maximize the rewards you’ll earn.
Amex Blue Cash Preferred Card Welcome Offer
The Amex Blue Cash Preferred card comes with a variety of different welcome offers depending on how you’re targeted. The publicly available offer is: Earn a $350 statement credit after you spend $3,000 in purchases in the first 6 months.
However, it’s also possible to find offers waiving the card’s annual fee for the first year or offering an even higher welcome offer bonus.
So how does one find these improved offers?
Option 1: Check on Amex Directly (Try This First)
If you’re looking to apply for the Amex Blue Cash Preferred card with the highest offers, we recommend that you begin your search directly on the American Express website. It’s easy to check and see if you’re pre-approved for any higher offers and only takes a few seconds to complete.
Like most issuers, American Express occasionally runs increased bonus opportunities on its suite of credit cards — including the Amex Blue Cash Preferred card. In fact, checking directly with American Express is the best place to look for increased offers because it offers a pre-qualifying tool that allows you to quickly check and see if you are targeted for any increased offers.
Simply click Check for Offers and enter your details and you could receive an offer of up to $400 in cash-back on the Amex Blue Cash Preferred card.
Option 2: Check on CardMatch
If you strike out on the American Express website, then the second option that we recommend is checking via the CardMatch tool. CardMatch uses a soft credit check to find offers available to you, which means it won’t affect your credit.
Option 3. Targeted Email Offers
If you’ve opted-in to receive New Card and Credit Offers through your Amex account’s General Marketing Email Preferences, you’ll want to keep an eye out for targeted emails. This is also true for good old snail mail — Amex does occasionally send out targeted mailers to its customers.
Hot Tip: The Amex Blue Cash Preferred card comes with rental car insurance as long as you use your card to pay for the vehicle and decline the rental company’s insurance.
Benefits of the Amex Blue Cash Preferred Card
As a mid-tier card, you can expect a few different benefits from the Amex Blue Cash Preferred card. However, its best feature is its ability to earn a high amount of cash-back on a variety of categories:
- 6% cash-back at U.S. supermarkets (up to $6,000 per year)
- 6% cash-back on select U.S. streaming services
- 3% cash-back on U.S. gas stations
- 3% cash-back on transit (including taxis/rideshare, parking, tolls, trains, buses, and more)
- 1% cash-back on everything else
Other card benefits include:
- Up to $120 Equinox+ credit: $10 in statement credits per month on membership fees for a stand-alone monthly membership to the Equinox+ app. Enrollment required.
- Access to Amex Offers
- Complimentary ShopRunner membership. Enrollment required.
- Annual Fee: $95 (rates and fees)
Maximizing Your Rewards Dollars
The Amex Blue Cash Preferred card is a true cash-back card. It earns Rewards Dollars, which can then be redeemed as statement credits against purchases you’ve made.
Although you won’t be able to transfer these Rewards Dollars into hotel or airline points, the ability to earn 6% cash-back on your purchases is pretty compelling. To maximize your earn, you’ll want to hit the full $6,000 cap offered at U.S. supermarkets each year.
Earning 6% cash-back on select streaming services is also nice, but one can only have so many charges, so you’ll want to focus your remaining spending on U.S. gas stations and transit purchases. It shouldn’t be hard to rack up the cash-back with gas prices these days.
If you don’t already have the Amex Blue Cash Preferred card, consider checking for one of these targeted offers. You can either expect to receive a higher welcome bonus or a waived annual fee, both of which offer substantial value to any cardholders.
For rates and fees of the Blue Cash Preferred® Card from American Express, click here.
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