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Maximizing the AmEx Blue Cash Preferred Card

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The Blue Cash Preferred® Card from American Express comes with a jaw-dropping 6% cash back on U.S. supermarket purchases, the same 6% cash back on select U.S. streaming subscriptions and 3% cash back on U.S. gas station purchases and transit. There is also 1% cash back on all other purchases, and some additional perks and benefits. Terms apply.

Ways to maximize your value

Buy more at the supermarket

The Blue Cash Preferred® Card from American Express has a $6,000 annual cap on supermarket spend, so try to use it up. If you spend roughly $500 a month on food, that’s great — but if not, start treating your supermarket as a go-to supply store for household stuff you need anyway. That will put an extra $360 back in your pocket. Terms apply.

Stream your TV and movies instead of paying for traditional cable

A 2019 study from Consumer Reports shows that an average U.S. household is paying $217.42 for a cable package. If that describes you (and even if it’s a little off), you might consider cutting the cord and getting one of the live TV streaming services instead, like Hulu + Live TV, YouTube TV or FuboTV. Even if you subscribe monthly to some cheaper services like Netflix, you can still save money and maximize your 6% cash back. Terms apply.

Use your card on transit

In order to make the most of your Blue Cash Preferred® Card from American Express, use the card when you load up on gas or get on a bus. But transit as defined by AmEx covers more ground than just public transportation. It includes parking, tolls, trains, taxicabs, rideshare services and other expenses, so make sure to use the card for every expense in this category. Terms apply.

Redeem wisely

You can redeem your cash back for statement credits, gift cards or merchandise, but the value will vary depending on the retailer. Be mindful of the exchange value to really get the most from your card — aim for a 1 cent per point redemption rate or higher if you choose to forego the cash back option.

You can always redeem for statement credits whenever your available balance is worth 25 reward dollars or more. Keep your eyes open for opportunities to redeem your reward dollars for gift cards or merchandise specials, available at AmEx’s discretion. Terms apply.

Sign up for AmEx Offers

With the avalanche of spam our inboxes often deal with daily, it’s easy to discard a short email from AmEx announcing a new AmEx Offer — but these deals can actually be quite good. You have to enroll in the program, but once you do, you’ll see unique offers from brands like Under Armour and Sony in your account.

Simply add offers to your card, use your enrolled card to pay and enjoy rewards in the form of a statement credit or opportunities to earn extra rewards points. Terms apply.

Make use of the other card perks and benefits

Sometimes people are so focused on cash back that they often forget to take advantage of other benefits that come with their cards. The Blue Cash Preferred® Card from American Express comes with quite a few useful benefits, like:

  • Return protection: Return eligible purchases to AmEx for up to 90 days from purchase if the seller won’t accept them.

  • ShopRunner: Enjoy free two-day shipping at 100+ participating merchants.

  • Extended warranty: Up to one additional year of protection on purchases with original manufacturer’s warranty of five years or less.

And there’s even more. Read your offer terms carefully so you know what benefits are available to you.

The bottom line

The Blue Cash Preferred® Card from American Express offers a massive 6% cash back on U.S. supermarket purchases (capped at $6,000 in annual spending), 6% cash back on select streaming subscriptions and 3% cash back on U.S. gas station purchases and transit. Maximize earnings in these categories and don’t neglect the card’s other perks and benefits. Terms apply.

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