Blue Cash Preferred, $150 statement credit

The Blue Cash Preferred® Card from American Express is now offering a $150 statement credit after spending $1,000 within the first 3 months of card membership. Cardholders earn 6% cash back at U.S supermarkets(up to $6,000), 3% cash back at U.S gas stations and select US department stores, and 1% cash back on other eligible purchases.

Blue Cash Preferred® Card from American Express

It offers a 0% intro APR on purchases and balance transfers for 15 months. After that, your APR will be a variable rate, currently 12.99%-21.99%, based on credit worthiness and other factors. Unlike the Chase Freedom or Discover More, there is no rotating reward categories and no enrollment required. The Blue Cash Preferred comes with a $75 annual fee. It’s nothing like the OBC card but there is a small statement credit that might make it worthy, especially if you spend a lot on those categories.

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