American Express Blue Cash Preferred Card
The American Express Blue Cash Preferred Card is one of the most popular options in the credit card world, offering an impressive range of benefits and rewards for cardholders. This card is an excellent choice for those looking to maximize their daily spending and enjoy exclusive benefits offered by American Express.
With a history of reliability and innovation, American Express Blue Cash Preferred provides a premium option for its customers. It stands out for its generous cash returns, wide possibilities at establishments around the world, and additional benefits that make it an attractive choice for families, travelers, and people looking to save while they spend.
Benefits and Advantages:
Get a 6% cash back when you shop at US grocery stores, with an annual limit of up to $6,000 in spending, after which the rate returns to 1%. This means you will save considerably on your grocery expenses.
Earn 6% cash back on select streaming subscriptions in the US.
Get 3% cash back on all your transit expenses, including taxis, ride-sharing services, parking, tolls, train and bus travel, and more.
Receive 3% cash back at gas stations across the United States.
For all other purchases, you’ll earn 1% cash back. These rewards will be credited to your account in the form of reward dollars, which can be easily redeemed as a statement credit, offering flexibility and value.
Additionally, you can increase your earnings as you’ll earn cash back every time an Additional Card Member makes a purchase with the same card. This additional reward will also be received in the form of reward dollars that can be redeemed as a statement credit. It’s an effective way to maximize your savings and get the most out of your American Express Blue Cash Preferred Card.
New American Express Blue Cash Preferred Cardholders (subject to terms and conditions, see applicable fees) can receive a $250 statement credit after making $3,000 in purchases during the first 6 months.
Global Assistance: Provides support in organizing resources and conditions in emergency situations during a trip, ensuring you have access to necessary help when traveling abroad.
Protection Against Loss and Damage in Car Rental: When the card is used as a means of payment for car rental and the insurance offered by the rental company is rejected, the card provides additional coverage, offering peace of mind while driving a rental vehicle.
Refund Insurance: Ensures return coverage, providing reimbursement of up to $300 per item and a total of up to $1,000 per year on eligible purchases made in the United States, making returns more manageable and less stressful.
Amex Offers: Save money with exclusive Amex offers available to cardholders using a registered Amex credit card, which can include discounts at popular retailers and special promotions.
Fraud Protection: You will not be held responsible for unauthorized transactions, with a liability of $0, providing robust security against potential fraud.
Pay It Plan It: This option offers a convenient payment plan for purchases that fall into the under or over $100 categories, allowing you greater flexibility in managing your spending and helping you avoid high interest charges.
Fees and Interest:
Interest Rate:
- Regular APR: 19.24% – 29.99% variable
- Purchase Intro APR: 0% on purchases for 12 months
- Balance Transfer Intro APR: 0% on Balance Transfers for 12 Months
Rates:
- Annual Fee: $0 initial annual fee for the first year, then $95
- Balance Transfer Fee: $5 or 3% of the value of each transfer, whichever is greater.
- Foreign Purchase Transaction Fee: 2.7% of each transaction after conversion to US dollars.
How to Redeem Rewards?
Bonuses are acquired in the form of Blue Cash Rewards, which can be redeemed as a statement credit. However, it is not possible to use them to pay off the minimum payment amount.
Amex App:
The Amex app is available to American Express card customers, offering services that improve speed, practicality, and ease in day-to-day financial processes. Therefore, see the tools established by the bank for customers:
- Create Budget-Friendly Strategies: Choose which eligible purchases you want to split into monthly payments at a fixed rate.
- Decide the Payment Method That Suits You Best: Whether you are someone who pays the balance in full every month or maintains an outstanding balance, eligible expenses can be paid in installments with interest within the stipulated payment limit.
- Automate Your Payments: Set up scheduled monthly payments and have one less worry on your mind.
