amex cashback

Blue Cash Preferred Card from American Express

The Blue Cash Preferred is the best card for grocery shopping, period. At 6% back at U.S. supermarkets (up to $6,000/year), families who spend $500/month on groceries earn $360/year in that category alone. The current $350 bonus is the highest we've tracked. With the first year free, I recommend trying it out to see if your grocery spending justifies the $95 fee in year two.

Current Sign-Up Bonus

Highest Ever
350 cash back

after $3,000 spend in 6 months

Estimated value: $5

Last validated: 2025-01-27

Rewards Structure

Base Rate: 1x on all purchases
Bonus Categories:
  • U.S. supermarkets 6x (up to $6,000)
  • U.S. streaming 6x
  • U.S. gas stations 3x
  • transit 3x

Pros & Cons

Pros

  • + Industry-leading 6% at supermarkets
  • + 6% on streaming services
  • + Strong sign-up bonus
  • + $0 intro annual fee
  • + Good 0% intro APR

Cons

  • - $95 annual fee after first year
  • - Supermarket cap of $6,000/year
  • - 2.7% foreign transaction fee
  • - Amex not accepted everywhere

Key Benefits

  • 6% back at U.S. supermarkets
  • 6% on select U.S. streaming
  • 0% intro APR for 12 months on purchases and balance transfers
  • Car rental loss and damage insurance
  • Purchase protection
  • Return protection

Offer History

Historical High: 350 points
Period Bonus Spend Req.
2025-01-01 to present Current 350 cash back $3,000 Highest
2024-01-01 to 2024-12-31 300 cash back $3,000
2023-01-01 to 2023-12-31 250 cash back $1,000

Note: Historical offers are tracked for informational purposes. Past offers may not return.