What are the rewards for the American Express Blue Cash Preferred card?

The American Express Blue Cash Preferred Card offers a compelling cash back rewards structure that is particularly beneficial for consumers with significant spending in key categories. The card provides 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations and on transit including taxis/rideshare, parking, tolls, trains, buses and more, and 1% cash back on other purchases. Additionally, cardholders often enjoy a welcome bonus after meeting initial spending requirements within the first months of account opening. There may also be an introductory APR offer on purchases, which can add further value for new cardmembers. However, it's worth noting that there is an annual fee for this card, which should be factored into the overall rewards calculation to determine the net benefit.