American Express Blue Cash Preferred Review: The Ultimate Card for Family Budgets

Earn 6% at supermarkets and on streaming, perfect for family savings.

American Express Blue Cash Preferred Review: The Ultimate Card for Family Budgets


  • Annual Fee: $0 intro fee for the first year, then $95, balancing premium rewards with cost.
  • Rewards Rate: 1% to 6% cash back, covering everyday expenses.
  • Intro Offer: $250 statement credit after spending $3,000 within the first 6 months, providing an immediate return on spending.
  • APR: 0% intro APR on purchases and balance transfers for 12 months, offering flexibility on new or existing debt.


  • Supermarket Rewards: 6% back at U.S. supermarkets on up to $6,000 annually, ideal for family grocery bills.
  • Streaming Subscriptions: 6% back on select U.S. streaming services, enhancing entertainment value at home.
  • Transit and Gas: 3% back at U.S. gas stations and on transit, supporting commuting and travel expenses.
  • Welcome Offer: A substantial $250 statement credit bonus, offsetting the annual fee and more.


  • Annual Fee: The $95 annual fee (waived the first year) requires careful budgeting to ensure rewards earned outweigh the cost.
  • Selective Bonus Categories: High reward rates apply to specific categories like U.S. supermarkets and streaming services, which may not align with all spending habits.
  • Exclusions on Rewards: Certain exclusions, such as purchases at superstores or warehouse clubs not qualifying for supermarket rewards, may limit the earning potential for some cardholders.

Product Summary

The American Express Blue Cash Preferred® Card is a top-tier option for families, offering unmatched cash back on supermarket and streaming service expenses. With 6% back in these categories, cardholders can significantly offset the card's annual fee, especially with strategic spending up to the $6,000 cap at supermarkets. Additionally, the 3% return on gas and transit expenses caters to the commuting needs of many families, further enhancing the card's value proposition. While the annual fee may deter some, the break-even point is reasonable for regular supermarket shoppers. Coupled with a strong welcome offer and introductory APR period, the Blue Cash Preferred® stands out as a potentially lucrative choice for households focused on maximizing returns on their everyday spending.

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