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If you’re opting for cash back credit cards these days, the amount of cash in your purse or wallet is about to increase with these two credit card offers from American Express. That’s because right now you can earn up to $300 in statement credits with one credit card application when you get one of the Amex Blue Cash credit cards — two of our favorite cash back credit cards.
The Blue Cash Preferred® Card from American Express is currently offering a $0 introductory annual fee for new card members ($95 per year thereafter, see rates and fees) and a $300 bonus in the form of a statement credit after you spend $3,000 in purchases on your new card within the first six months after opening the account.
Also, the Blue Cash Everyday® Card from American Express is offering a $200 bonus in the form of a statment credit after you spend $2,000 in purchases on your new card within the first six months after opening the account. The Blue Cash Everyday never has an annual fee (see rates and fees).
Earn more cash back with the Amex Blue Cash cards
When trying to decide which Amex Blue Cash credit card to get, you’ll want to look closely at the amount of cash you’ll earn with each card on all your regular purchases. For all purchases made, you’ll receive your cash back in the form of reward dollars that can be redeemed as a statement credit. Let’s take a look at the earning rates and a couple key features of both cards side by side. (Terms apply to all card benefits.)
The Blue Cash Preferred absolutely thrives when it comes to US supermarkets, earning a whopping 6% cash back on up to $6,000 in purchases per year (then 1%). In fact, this is the best credit card on the market right now to use for groceries. The Blue Cash Everyday only earns 3% cash back at US supermarkets on up to $6,000 in purchases per year (then 1%), but that’s still a great earning rate for a no-annual-fee card.
The Blue Cash Preferred also beats out the Blue Cash Everyday when it comes to US streaming subscriptions and transit. With the Blue Cash Preferred, you’ll earn 6% cash back on select US streaming subscriptions and 3% cash back on transit, while in both of these categories you’ll only earn 1% cash back with the Blue Cash Everyday.
Other bonus categories include 3% cash back on the Blue Cash Preferred and 2% cash back on the Blue Cash Everyday at US gas stations, as well as 2% cash back at select US department stores on the Blue Cash Everyday. And with both cards, you’ll earn 1% cash back on everything else you buy that doesn’t fall into one of the bonus categories.
Is the Amex Blue Cash Preferred or Everyday right for you?
These are two of the better welcome offers we’ve seen on either of these cards. In fact, the bonus on the Blue Cash Preferred is the best welcome offer currently available across all of our favorite personal cash back credit cards.
But even putting the welcome bonuses aside, the Blue Cash Preferred and Blue Cash Everyday cards have some great features, including strong bonus categories, introductory interest rate offers on purchases, access to Amex Offers and 90-day return protection.
With many people preferring cash to travel rewards right now, these welcome offers for the Amex Blue Cash cards couldn’t have come at a better time. And with no annual fee for at least the first year on either card, these are two credit cards not to overlook.
Read our complete comparison of the Amex Blue Cash Preferred vs. Blue Cash Everyday.
Find out which cards CNN Underscored chose as our best credit cards of 2021.