Blue Cash Preferred Card from American Express by American Express: 6% groceries / supermarkets (first $6K/yr), 6% streaming services, 3% gas stations, 3%…
The Blue Cash Preferred Card from American Express is American Express's mid-tier credit card. The $95/yr annual fee includes a $300 cash welcome bonus after spending $3,000 in the first 6 months. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| Disney streaming credit | $120/mo | Up to $10/mo in statement credits toward Disney+, Hulu, or ESPN+ subscriptions purchased on DisneyPlus.com, Hulu.com, or Plus.espn.com |
Welcome bonus value (year one): ~$300. Annual statement credits: $120. Minus the $95 annual fee = ~$325 in year-one net value before any spending earn. RewardsGuru rating: 4.3/5 — based on our net-value methodology.
Best fit: someone whose category spending matches the card's earn multipliers. Skip if: your spending pattern is flat across categories — a 2% flat-rate card would beat this.
$300 cash back after spending $3,000 in the first 6 months.
Year-one math: welcome bonus value (~$300) + annual credits ($120) − $95 fee = ~$325 net before spending earn. Year-two onward, the credits alone need to clear $95 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
1 recurring statement credit: Disney streaming credit ($120/mo). Total: $120/yr.
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. American Express's product page has the current rate.