The Amex Blue Cash Preferred APR is 0% for 12 months on purchases, with a regular APR of 13.99% - 23.99% (V) after that. The regular rate is listed as a range with different rates based on your credit standing. The stronger your credit, the better chance you’ll have of securing a lower rate. You won’t know your specific APR until you’re approved for the card.
Amex Blue Cash Preferred also charges a penalty APR for delinquent payments of about 29% and a cash advance APR that’s typically higher than the regular rate. To avoid the Blue Cash Preferred APRs, it’s best to stay away from cash advances and pay your entire balance in full by the due date, once the introductory APR expires.
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