What are the benefits of the American Express Blue Cash Preferred card?

The American Express Blue Cash Preferred card offers a range of benefits that make it an attractive choice for consumers looking to maximize their rewards on everyday spending. One of the primary advantages is the high cash back rate on groceries; cardholders receive a significant percentage back on purchases at U.S. supermarkets, up to a specified annual limit. Additionally, there is also an elevated cash back rate for spending at U.S. gas stations and on transit, including taxis, rideshare services, parking, tolls, trains, and buses. The card further provides enhanced cash back on select U.S. streaming subscriptions, accommodating modern entertainment habits. Beyond these reward structures, the Blue Cash Preferred card typically includes introductory offers such as a cash bonus after meeting initial spending requirements within the first few months and an introductory annual percentage rate (APR) on purchases. Cardholders also benefit from American Express perks such as purchase protection, return protection, and access to exclusive entertainment events.