Cash Back card review
Blue Cash Preferred® Card from American Express
The best supermarket card in the US, as long as you stay under the $6,000 cap and do not shop at warehouse clubs.
Open to new applicantsPartly verified
At a glance
Annual fee$95 after year one$0 for the first year, then $95.
Welcome offerUp to $300 cash back$3,000 in 6 months
IssuerAmerican Express
Rewards programAmex Reward Dollars
Foreign transaction feeApplies
Welcome offer
Up to $300 cash back after $3,000 of spending within 6 months.
Amex offers are personalized. Rewards arrive as Reward Dollars, redeemable as a statement credit or at Amazon checkout.
Offers vary. Welcome offers on this card can differ by applicant, by referral and by the link you apply through. The figure above is what our source showed on the date given, not a guarantee of what you will be offered.
Earning rates
| Rate | On | Cap or condition |
|---|---|---|
| 6% | US supermarkets | $6,000 per year, then 1% |
| 6% | Select US streaming subscriptions | Uncapped per our source |
| 3% | US gas stations and transit, including rideshare, parking, tolls, trains and buses | Airfare and car rental do not count as transit. |
| 1% | Everything else | No cap stated |
Benefits and credits
- Up to $120 Disney streaming credit Up to $10 a month on subscriptions bought at DisneyPlus.com, Hulu.com or Stream.ESPN.com. Enrollment required and the subscription must auto-renew.
- $0 first-year fee Gives you a year to test whether your grocery spending justifies the fee.
Restrictions worth knowing
- The 6% supermarket rate stops at $6,000 of spending a year, then drops to 1%.
- Warehouse clubs and superstores are excluded from the supermarket category.
- Foreign transaction fees apply.
- Amex once-per-lifetime bonus rules apply.
How to use it well
- The break-even is roughly $1,600 a year in supermarket spending against the $95 fee, after the free first year.
- If you spend more than $500 a month at supermarkets you will hit the cap partway through the year. Have a second card ready for the rest.
- The transit category is broader than most people expect and covers tolls, parking and rideshare.
Sources and freshness
What we checked: Fee, offer, rates, caps and the Disney credit from Forbes Advisor, read 2 November 2026. Amex pages could not be opened during this build.
- Forbes Advisor: Blue Cash Preferred review — read November 2, 2026
Last updated: November 2, 2026.
Other American Express cards
- Blue Cash Everyday® Card from American Express — $0, open to new applicants
- The Platinum Card® from American Express — $895, open to new applicants
- American Express® Gold Card — $325, open to new applicants
- American Express® Classic Green Card — $150, closed to new applicants