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ClearValue Cards

American Express Blue Cash Preferred

American Express · Cashback review

Reviewed by ClearValue Editorial Team · Schumer Box terms as of
Best for Family households that spend $3
American Express
Solid pick

American Express Blue Cash Preferred

81
/100
Annual fee
$95
Ongoing APR
19.24–29.99%
Intro APR
0% on purchases and balance transfers for 12 months
Best for

Family households that spend $3,000+ a year at U

Fees sourced from issuer terms · 2026-06-29

ClearValue score
81/100
Solid pick

Family households that spend $3,000+ a year at U

Find my match

Sorted by score, never commission

Annual fee

$95

Charged each renewal year

Ongoing APR

19.24% – 29.99% variable

Variable — verify the current range at the issuer

Intro APR

0% on purchases and balance transfers for 12 months

Then the ongoing APR applies

As of June 29, 2026

Best for

Family households that spend $3,000+ a year at U.S. supermarkets and $1,200+ on streaming. The 6% on groceries (up to $6,000/yr) and 6% on streaming is industry-best cashback if you actually use both.

Not for

Low-grocery households (the $95 AF doesn't pencil out under ~$1,600/yr in supermarket spend) and anyone with a Costco-heavy grocery routine — Costco doesn't count as a supermarket.

The catch

The 6% grocery is capped at $6,000 of spend per calendar year, then drops to 1%. A family that hits the cap by August is earning $360 at 6% + 1% on everything after — track the cap or set up a backup grocery card for Q4.

Card facts

Sourced from the issuer's published Schumer Box and terms — confirm current numbers at the issuer.

Product specs

Annual fee
$95
Intro APR
0% on purchases and balance transfers for 12 months
Ongoing APR
19.24% – 29.99% variable
Foreign transaction fee
2.7%
Balance transfer fee
$5 or 3%
Late payment fee
Up to $40
Schumer Box verified
June 29, 2026

How we scored this card

See our published methodology — 5 dimensions, 0–20 each, 100-point total.

Effective rewards rate17 / 20
Fee structure14 / 20
Audience fit17 / 20
Transparency and trust16 / 20
Honest weakness named17 / 20
Total81 / 100 · Solid pick

Frequently asked

Is the American Express Blue Cash Preferred's $95 annual fee worth it?

The American Express Blue Cash Preferred charges a $95 annual fee. In our review it earns a fees score of 14/20 — the "How we scored this card" section below shows how we weigh that against the rewards and benefits. Family households that spend $3,000+ a year at U.S. supermarkets and $1,200+ on streaming. The 6% on groceries (up to $6,000/yr) and 6% on streaming is industry-best cashback if you actually use both.

What APR does the American Express Blue Cash Preferred charge?

19.24% – 29.99% variable. There is also an intro rate: 0% on purchases and balance transfers for 12 months. APRs are variable and set by the issuer — confirm the current range on the issuer's Schumer Box before you commit.

Does the American Express Blue Cash Preferred charge foreign transaction fees?

Yes — 2.7% per purchase made outside the U.S. Factor that in if you travel or shop internationally.

Who is the American Express Blue Cash Preferred best for?

Family households that spend $3,000+ a year at U.S. supermarkets and $1,200+ on streaming. The 6% on groceries (up to $6,000/yr) and 6% on streaming is industry-best cashback if you actually use both.

Who should skip the American Express Blue Cash Preferred?

Low-grocery households (the $95 AF doesn't pencil out under ~$1,600/yr in supermarket spend) and anyone with a Costco-heavy grocery routine — Costco doesn't count as a supermarket.

How did ClearValue score the American Express Blue Cash Preferred?

American Express Blue Cash Preferred scored 81/100 — "Solid pick". We score every card across five dimensions (effective rewards, fee structure, audience fit, transparency, and whether an honest weakness is named), 0–20 each. Scores are never influenced by commission. See our methodology for the full rubric.

Alternatives to the American Express Blue Cash Preferred

Other cashback cards we've scored, ranked by our methodology.

Compare the American Express Blue Cash Preferred to

This is an independent editorial review. This page carries no partner link and earns nothing from what you read here — our scoring is never influenced by compensation, and reflects only our published rubric. When you use our match tool, we may be paid by a partner (CardRatings) if you continue with a card from there. See our methodology and disclosure.
American Express Blue Cash Preferred
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