AmEx Blue Cash: Everyday or Preferred? - NerdWallet (2024)

FAQs

Is Blue Cash Everyday better than Blue Cash Preferred? ›

The Blue Cash Preferred offers higher rewards rates in popular categories like U.S. supermarkets and select U.S. streaming subscription services. However, after the Blue Cash Everyday's updates in July 2022, both cards now earn the same 3 percent cash back rate at U.S. gas stations.

Should I get the Blue Cash Preferred or Blue Cash Everyday? Both cards earn bonus rewards at U.S. supermarkets, though at differing rates. If you'll need to earn enough rewards with the Blue Cash Preferred to offset the cost of that card's $95 annual fee (see rates and fees), it's your better option.

Is it hard to get the Blue Cash Everyday® Card from American Express? It's usually not hard to get the Blue Cash Everyday® Card from American Express if you have good credit. While American Express looks at your entire financial profile, applicants should aim for a FICO® Score of 670 or above.

Yes, Blue Cash Preferred is hard to get because it requires a credit score of 700+ for approval, which means you need good to excellent credit to get this card. Since the average credit score is lower than this requirement, most people will not be able to get the Blue Cash Preferred card.

At U.S. supermarkets, on up to $6,000 per year in purchases (then 1%).

The Blue Cash Preferred Card doesn't offer supermarket bonus rewards when you buy at superstores like Walmart and Target or wholesale clubs like Costco and Sam's Club. Since I do most of my grocery shopping at a locally-owned supermarkets, the Blue Cash Preferred is the perfect fit.

Fortunately, you'll have an entire year to figure out whether the annual fee aligns with your spending habits. If that's the case, you can downgrade to its no-annual-fee counterpart, the Blue Cash Everyday® Card from American Express.

The Blue Cash Preferred® Card from American Express is not a metal credit card, as it is made of plastic like most other credit cards.

No, American Express Blue Cash credit cards do not have to be paid in full every month. Cardholders with a Blue Cash Preferred® Card from American Express or a Blue Cash Everyday® Card from American Express are only required to pay off a small percentage of their balance each month.

The Amex Blue Cash Everyday has no disclosed minimum income requirement. However, as with any credit card, you will need to have sufficient income to afford payments. When applying, your total annual income may include wages, retirement income, rental properties and other personal income you can rely upon.

Does Amazon count for Amex Blue Cash Everyday? ›

Online retailers like Target.com and Amazon.com do count for U.S. online retail purchases, though. Other purchases earn 1% rewards rates, and cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.

The easiest American Express cards to get are those that require a minimum of good credit for approval as opposed to excellent credit only. The Blue Cash Everyday® Card from American Express and the American Express Cash Magnet® Card are two of the easiest Amex cards to get because they only require good credit.

Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion. And only the super rich and famous can expect to get the call, as...

The Amex Blue Cash Preferred is worth holding due to the grocery-related category alone. If you max out this rewards category — by spending $500 per month on U.S. supermarket purchases (on up to $6,000 per year, then 1 percent back) — you can earn $360 in cash back rewards per year in this category alone.

Blue Cash Preferred: Travel coverage and purchase protection. Up to $189 CLEAR Plus statement credit annually, which helps you move through security faster at certain airports. Enrollment is required. Up to $100 annual statement credit for LoungeBuddy lounge access.

The Amex Blue Cash Everyday credit score requirement is 700, at a minimum.

Fortunately, you'll have an entire year to figure out whether the annual fee aligns with your spending habits. If that's the case, you can downgrade to its no-annual-fee counterpart, the Blue Cash Everyday® Card from American Express.

The credit limit on your Blue Cash Preferred® Card is set based on your income and credit history. If your score falls into the good range, you may start out with a limit of $1,000. If you have an excellent credit score and a long history of responsible credit card usage, you may qualify for a much higher limit.