Amex Blue Cash Preferred Card review: Big grocery rewards and more everyday savings

Core Points - The Blue Cash Preferred® Card from American Express offers significant long-term value for various consumer categories despite its annual fee [1][15] - The card provides a welcome offer of $250 statement credit after spending $3,000 in the first 6 months [3] - It features a rewards structure that includes 6% cash back at U.S. supermarkets (up to $6,000 annually), 6% on select U.S. streaming subscriptions, 3% on eligible U.S. gas stations and transit, and 1% on all other purchases [5][10] Summary by Category Annual Fee and Introductory Offers - The card has a $0 introductory annual fee for the first year, transitioning to a $95 fee thereafter [3][4] - It offers a 0% APR on purchases and balance transfers for the first 12 months [6] Rewards Structure - The card provides 6% cash back at U.S. supermarkets on eligible purchases up to $6,000 annually, then 1% thereafter [5] - It also offers 6% cash back on select U.S. streaming subscriptions and 3% cash back on eligible U.S. gas stations and transit [5][9] - The average American household can earn over $500 in cash back annually after accounting for the annual fee [10] Redemption Options - Rewards can be redeemed as statement credits or for eligible purchases at Amazon.com, with no minimum redemption amount required [11] Additional Benefits - The card includes benefits such as a monthly statement credit for Disney Bundle subscriptions and options to split purchases over $100 into equal monthly installments [12][13] - Additional protections include car rental insurance, purchase protection, and extended warranty benefits [21] Target Audience - The Blue Cash Preferred Card is suitable for families, home chefs, and commuters due to its versatile cash-back categories [15] - However, it may not be ideal for frequent travelers due to foreign transaction fees and limited rewards categories applicable only in the U.S. [18]