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Amex Blue Cash Preferred: See How Much You Can Earn

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Blue Cash Preferred by American Express

Blue Cash Preferred by American Express

The average American spends a whopping 12% of their income on food, with two-thirds spent at their local grocery store. 1 For that average American that $4,942 of yearly spending on groceries could be a fantastic $296.52 of cash back with the American Express Blue Cash Preferred card! Indeed, nothing to sneeze about.

The American Express Blue Cash Preferred card offers 6% back on groceries, up to $6,000 of spending per year. The card comes with a $95 annual fee so if you spend more than roughly $150 a month on groceries then this card is for you and the more you spend all the way up to $500 a month, the more you will be able to profit.

Beyond just grocery spending this card has amazing perks and cash back rates for a number of categories that we'll go through in this post.

Amex Blue Cash Preferred Benefits

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The American Express Blue Cash Preferred is a fantastic cash back card for your normal monthly expenses.

  • 6% back on streaming services
  • 6% back at US supermarkets, up to $6,000 per year, then 1% after
  • 3% on transit, including taxis, rideshare, parking, tolls, trains, buses, and more
  • 3% back at US gas stations

Beyond the incredible cash back rates you get a $10 per month statement credit to Equinox+ and a $7 monthly statement credit on the Disney Bundle (Hulu, Disney+, and ESPN+). Adding up to $204 statement credits per year for a $95/year annual fee card!

What Streaming Services Can you Get Cash Back With?

With the Amex Blue Cash Preferred card you receive 6% cash back at over 31 streaming services:

  • Amazon Music Unlimited
  • Apple Music
  • Apple TV+
  • Audible
  • DirecTV Stream (formerly known as AT&T TV or AT&T TV NOW)
  • Disney+
  • ESPN+
  • Fubo TV
  • HBO Max
  • HBO (standalone streaming subscription only, formerly known as HBONow)
  • 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
  • YouTube TV

You will receive your 6% cash back on all of the major streaming services like Netflix, Hulu, Apple TV+, Prime Video, Spotify and Youtube Premium. If you also use YouTube TV for your TV service you can get 6% back, a great way to lower your monthly bills.

If you don't see a streaming service listed here it's unlikely you will receive a credit as this is a complete list but American Express may change this over time.

Blue Cash Preferred Cash Back Calculator

How much money can you earn per year with the American Express Blue Cash Preferred. Use our calculator below by entering in your monthly spending on each category to see your yearly cash back you can receive!

How Much Cash Back Can You Earn?
CategoryMonthly SpendingYearly Cash Back
US Supermarkets (6% up to $6,000/yr)
$
$360.00
Streaming Services
$
$29.52
Gas
$
$43.20
Transit
$
$37.80
Total Cash Back$470.52

Is The Amex Blue Cash Preferred Worth It?

I just had my one-year anniversary for the card on September 7th, 2022 and looking back I earned $377.54 through cashback from mostly groceries, a few travel expenses, and other random purchases. I would say this card is well worth it. I consider it a valuable addition to my card lineup. It paid for the annual fee within the first few months and then after that, I just kept rolling in more and more cashback. The cash back is easy to use and comes in a form of a monthly statement credit.

Get Pre-Approved for the Blue Cash Preferred

If we've got you interested in the American Express Blue Cash Preferred you can see if you're pre-approved by using the BankRate Card Match Tool.

Footnotes

  1. Consumer expenditures in 2020