American Express Blue Cash Preferred card features and rewards

The American Express Blue Cash Preferred card offers a tiered rewards structure focused on specific spending categories. Key benefits include 6% cash back at U.S. supermarkets on up to $6,000 in annual purchases and 6% cash back on select U.S. streaming subscriptions. Additionally, the card provides 3% cash back on transit—including taxis, rideshare, parking, tolls, trains, and buses—and 3% cash back at U.S. gas stations. Other purchases earn 1% cash back.

Regarding costs, the card features a $0 introductory annual fee for the first year, followed by a $95 annual fee. Current promotional offers may include up to $300 cash back after spending $3,000 on new purchases within the first six months. The card's value is most significant for households with high expenditures in groceries, gas, streaming, and transit.