Does Blue Cash Preferred have an Amazon bonus?

Amex Blue Cash Preferred is worth it for cardholders who spend enough to recoup the value of the card’s $95 annual fee (waived the first year) in rewards earnings. The easiest way to do that is by spending $3,000 within 6 months of opening an account. That will trigger the Blue Cash Preferred card’s $300 statement credit initial bonus, which will pay for the annual fee for several years.… read full answer

The Blue Cash Preferred card will continue to be worth it if you consistently charge purchases to the card after earning the initial bonus, especially in its bonus rewards categories. To break even on the annual fee, you could spend $1,584 on groceries and streaming services per year, $3,167 on gas and transit, or $9,500 on purchases not in those categories. Of course, your spending will probably be a mix of all those categories.

Ultimately, the best way to figure out if Blue Cash Preferred is worth it is to figure out how much you spend in each category per year, determine how much you would earn in rewards based on that, and then compare the rewards value to the annual fee. If you break even or make money, the card is worth it. If not, you should consider a cheaper card.

Blue Cash Preferred does not count Walmart as a supermarket, which means that Walmart purchases are not eligible for the card’s 6% cash back rate. Purchases at Walmart get 1% cash back – the same rate as any other purchases that don’t fall into the Blue Cash Preferred Card’s bonus categories.… read full answer

Every merchant is assigned a merchant code by the credit card networks based upon the type of business they conduct. Since Walmart is a big-box store that sells all kinds of items, and groceries are only a fraction of their business, they do not receive the merchant code for “supermarkets.” Amex Blue Cash Preferred only gives 6% cash back to grocery purchases in the U.S. marked with the “supermarkets” merchant code.

If you’re looking for a good credit card to use for your Walmart purchases, consider the Walmart Store Card or Walmart Credit Card. And if you want to use your Blue Cash Preferred Card for groceries, some popular eligible stores include Meijer, Shoprite, Stop and Shop, Gristedes, Foodtown, Vons, Whole Foods and Winn-Dixie.