Card overview
How does a cheap, Amex credit card with great cashback on groceries sound? That’s part of what the Blue Cash Preferred card is made of. You’ll also earn points on gas and get some protections such as purchase protection, extended warranty protection, return protection, and car rental insurance. All in all, it’s a nice card with solid rewards and benefits, all for a nice $95 price ticket which happens to get waived the first year.
Credit
You will need good credit for this card.
Reconsideration
If you apply for the card and get declined, you can call the reconsideration department to be reconsidered at 1-800-567-1083
Annual fee
$95, waived the first year
Card rewards
Earn 6% cashback at U.S. supermarkets on up to $6,000 per year in purchases
Earn 6% cashback on select U.S. streaming subscriptions
Earn 3% cashback at U.S. gas stations and on transit, including taxis, rideshare, parking, tolls, trains, buses and more
Earn 1% cashback on all other purchases
Card benefits
Auto Rental Collision Insurance
Get secondary coverage on car rentals, worldwide except for in Australia, New Zealand, and Italy, for a max of $50,000
You will get coverage for cars rented for up to 30 days.
You can get primary coverage, for a max of $100,000, if you choose to pay for an Amex Premium Plan. You will get coverage for cars rented for up to 42 days.
You must pay for the rental with your Blue Cash Preferred card in order to be eligible for coverage.
Extended Warranty Protection
Get up to a year of extended warranty on purchases you make. You will get one additional year to the original manufacturer’s warranty time, and max $10,000 per claim and $50,000 per year.
You will only get coverage if the original warranty is for 5 years or less.
You must pay for at least part of the purchase with your Blue Cash Preferred card in order to be eligible for coverage.
Purchase Protection
Get reimbursed for replacements and repairs, or just reimbursed for new purchases that are stolen or damaged within 90 days from the date of purchase.
Get a max of $1,000 per claim and $50,000 per year.
You must pay for at least part of the purchase with your Blue Cash Preferred card in order to be eligible for coverage.
Return Protection
Get refunded for new purchases that are no longer under the store return policy and that are within 90 days from the date of purchases.
Get a max of $300 per claim and $1,000 per year.
You must pay for the purchase with your Blue Cash Preferred card in order to be eligible for coverage.
Credits
Get $120 Equinox statement credit – $10 per month on select memberships. You must enroll in this benefit.
Get a $7 credit each month after spending $13.99 or more each month on an eligible subscription to The Disney Bundle (Disney+, Hulu, and ESPN+)