Welcome bonus:
You will earn $300 cash back in the form of a statement credit for opening the Blue Cash Preferred® Card from American Express and spending $3,000 in 6 months.
Alternatively, you can earn $200 cash back in the form of a statement credit for opening the no annual fee Blue Cash Everyday AMEX and spending $2,000 in 6 months.
Annual fee:
This card normally has a $95 annual fee without a waiver for the first year, but with this offer you will get a $0 introductory annual fee for the first year.
For rates and fees of the Blue Cash Preferred® Card, please visit here.
Welcome bonus terms:
You officially won’t get the welcome bonus on this card if you have or have had this card, though readers have reported success after several years.
You can tell if you are eligible for an AMEX welcome bonus by applying. If you are not eligible for the bonus you will get a popup notification after clicking to apply for the card. At that point you can decide whether to proceed or cancel the application before it is processed.
Card earnings:
This card won’t compete with the Citi Double Cash card, which earns 2% cash back everywhere for general purchases.
However the Blue Cash Preferred has awesome cashback categories:
- This card earns a whopping 6% cash back in the form of a statement credit at US supermarkets. That includes large chains and standalone grocery stores. There is a cap of $6,000 in annual spending for this bonus, so you can get up to $360 cash back annually on grocery shopping. After $6,000 spent at grocery stores you’ll earn 1% cash back.
- You’ll get 6% cash back in the form of a statement credit on US streaming services with no cap, including Amazon Music Unlimited, Apple Music, Apple TV+, AT&T TV Now, Audible, Disney+, ESPN+, Fubo TV, HBO Max, HBO, Hulu, iHeartRadio, Kindle Unlimited, Luminary, MLB.TV, NBA League Pass, Netflix, NHL.TV, Pandora, Paramount+, Peacock, Prime Video, Showtime, Sling TV, SiriusXM Streaming and Satellite, Spotify, Stitcher, TIDAL Music, YouTube Music Premium, YouTube Premium, and YouTube TV.
- You’ll get 3% cash back in the form of a statement credit at US gas stations, with no cap.
- You’ll get 3% cash back in the form of a statement credit with on transit with no cap, including taxis, rideshare, parking, tolls, trains, buses and more.
- You’ll get 1% cash back in the form of a statement credit on everything else
AMEX Offers and Equinox Credit:
Earn statement credits at websites and stores that you register for in your AMEX account.
Work out at home with Equinox+ and get up to $120 back annually. Use your Blue Cash Preferred Card to pay for Equinox+ at equinoxplus.com and receive $10 in monthly statement credits. Enrollment required.
Return Protection And Other AMEX Protections:
My favorite AMEX benefit is return protection. If you need to return an item up to $300 and a store won’t take it back due to a time limited or final sale return policy, AMEX will gladly refund you in full thanks to return protection.
Nearly all of the time you’ll even be able to keep the item you want to return, but if you are asked to send it back, the return shipping will be free. This benefit is valid for $1,000 of returns per card per calendar year.
Additionally, if a store charges a restocking fee to return an item then AMEX will cover that cost, up to $300/item, as part of their return protection coverage.
Unfortunately as of 2020, most AMEX cards got rid of return protection. Cards that no longer have return protection include higher end cards like AMEX Business Gold ($295/year), AMEX Gold ($250/year), Delta Platinum and Delta Business Platinum ($250/year), AMEX Green ($150/year), Marriott Business ($125/year), Delta Gold and Delta Business Gold ($99/year), and most lower end cards as well.
The Blue Cash Preferred card escaped unscathed though and continues to offer return protection!
Other AMEX benefits include:
- An additional year of warranty coverage, double the original manufacturers warranty, and if you have any issue in the extended warranty year they’ll pay to have it fixed or refund your entire purchase price without a hassle. This benefit is far more valuable than warranty benefits offered by other banks.
- If you need to dispute a charge there’s nobody who makes it easier or as pain-free as American Express does. It’s the easiest dispute resolution process in the industry by leaps and bounds and you can do it all online.
- If your item is stolen or broken within 90 days you’ll be covered.
- Complimentary Shoprunner 2 day free shipping and return shipping on hundreds of websites.
- Secondary car rental CDW protection worldwide and primary available for $19.95/rental.
- See this post to see just how amazing AMEX benefits can be.
Intro APR:
This card offers 0% intro APR on purchases for 12 months.
Card Convertibility:
You can change between this card and the no annual fee Blue Cash Everyday AMEX.
Will you signup for a Blue Cash Preferred® Card?
For rates and fees of the Blue Cash Preferred® Card, please visit here.
“you’ll also get 3% cash back in the form of a statement credit for us gas stations with no cap”.
Dan would you therefore say this is the best card for use at gas stations?
(At least for the first year!)
Also, what should I change this to for 2nd year that has no fee?
change to blue cash everyday
Iand for now, s this the best option for opening new card if main use is at gas station for gas?
Do we know how long this offer is lasting?
No.
@Dan or anyone with info,
1. How long this will last.
2. And is this the best card with $0 annual fee, for use at US gas stations?
I never had any Amex cards. Also opted for a visa. Debating to get one now. Is this my best bet?
Any idea how I can get approved for this as a student? I tried once and got declined,even though I have great credit.
Include all household income.
Hey Dan and all others!
Thanks 4 all your help with deals & sales.
Which card would you recommend for people like me who have the sapphire preferred, travel a lot and want something that gives more % back when buying gas. Which now is ONE of the most costly reoccurring transactions in daily life.
This card is good for gas.
So is this:
https://www.dansdeals.com/credit-cards/limited-time-offer-earn-80000-thankyou-points-citi-premier-card-enough-5-round-trips-hawaii-citi-quadfecta/
Or Freedom during a gas quarter.
This is also good (4points per dollar)
https://www.dansdeals.com/credit-cards/us-bank-altitude-connect-visa-signature-intro-bonus-50000-points-waived-annual-fee-plus-global-entry-streaming-credit/
What’s the annual fee for the U.S bank altitude connect? And does it have any insurance (primary or secondary) for car rentals?
Can you get this card if you are an authorized user on this card under someone elses account?
Yes
approved thanks dan
Congrats!
does the return protection work for amazon too?
Sure.
trying to open this card is it still avail? what would be a good card to open have to make a 4-5k purchase and don’t mind opening to get some points have already the marriot bonvoy and the chase sapphire preferred
thnx
“There is a cap of $6,000 in annual spending for this bonus, so you can get up to $360 cash back annually on grocery shopping”
The $6000 cap is for calendar year or based on date card was approved(ie resets after membership month etc)?
Calendar year.
“If you need to return an item up to $300 and a store won’t take it back due to a time limited or final sale return policy, AMEX will gladly refund you in full thanks to return protection.”
what if seller in general just has a no return policy for all items?
that would fall under “final sale”
Yes, that will work.
Is there a business version of card so we can save a 5/24 slot?
@Dan
If I convert to the no annual fee Blue Cash Everyday AMEX, will the things I bought with the “Preferred” still have 2nd year warranty? Also is it considered another card in regards to 5/24?
Approved thanks Dan
Can i upgrage from the blue cash everyday one and than downgrade at end of the year?
How does this offer compare to the Sapphire Preferred deal? Which one’s better overall?
@Dan
1. Is refurbished items covered under purchase protection, the terms exclude “used” but what about refurbished?
2. Is purchases from eBay covered or it’s excluded as “auction sites”?
Thanks
I’ve had used products bought from ebay covered on this card for loss protection
why would someone buy apple care if you get double warranty with amex? and if you procrastinated and miss the 90 days cutoff to file a lost item protection from a lost item that was lost within 90 days, will amex still honor if you file for lost and stolen on the 105th day from purchase? Tia
Does this card earn MR?
Can I downgrade business platinum to this and keep my points?
Other option is downgrading to the gold.
Pls advise. Thx.
If we have the Marriott amex card and we would like to close it if we open this card can we save our points to this card?
Thnx in advance