The American Express Blue Cash Preferred card just increased their sign up bonus to $250. In addition, they rolled out an additional offer for 10% cash back on wireless. If you maximize the offer it’s worth $450!
The Blue Cash Preferred Card from American Express is the card that gives 6% cash back on groceries up to $6,000 in spending.
The sign up bonus is our Free Money offer this week!
How to Get Your $250 Sign Up Bonus
Apply for the American Express Blue Cash Preferred* card by June 15, 2016.
Spend $1,000 within the first 3 months.
Earn $250 cash back.
*Find and compare all current credit card offers in our credit card directory. You may need to click “show more results” a few times to find it.
How to Earn $200 More
Use the card at US Wireless Telephone Service Providers.
Earn 10% back during 2016.
Earn a maximum of $200 cash back.
American Express Terms and Conditions
$75 annual fee.
Welcome bonus offer not available to applicants who have or have had this product.
More on American Express
Cash Back. You’ll earn 6% cash back at US supermarkets (up to $6,000 per year in purchases), 3% cash back at US gas stations & select US department stores and 1% cash back on all other purchases. I frequently mention this card because it offers one of the highest rates for cashback on groceries.
Redeeming Cash Back. You’ll earn your cash back as reward dollars, which you can redeem as statement credits.
The Blue Cash Everyday Card from American Express with no annual fee, earns 3% cash back at stand-alone supermarkets (up to $6,000 in spending), 2% cash back at stand-alone gas stations and department stores, and 1% cash back on all other eligible purchases. The sign up bonus for the everyday card is currently $150 after $500 in purchases, plus the $200 offer on wireless phones.
If you do the math, you’ll pay $75 more for the preferred card, but get $100 more in sign up bonus. You’ll come out $25 ahead before factoring in the increased cash back rate on groceries. We got the Preferred card first, then downgraded it to the Everyday card.
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