Personal Finance
Advertiser Disclosure

Amex Blue Cash Preferred vs. Everyday: Why We Recommend Preferred

Amex Blue Cash Preferred vs Blue Cash Everyday
iStock

Our evaluations and opinions are not influenced by our advertising relationships, but we may earn a commission from our partners’ links. This content is created independently from TIME’s editorial staff. Learn more about it.

Updated January 8, 2024

and are popular options in American Express’s arsenal of cash back credit cards. Both offer generous cash-back rewards on everyday spending, such as grocery and gas station purchases.

You won’t ever pay an annual fee with (Rates & Fees). For , the annual fee is (Rates & Fees). Still, it has a higher welcome offer, and you can earn more cash back, making the our top pick.

How the cards stack up

Take a look at this side-by-side comparison of both cards:

Feature
Welcome offer
Rewards*
Earn 6% cash back:
  • At U.S. supermarkets
  • On select streaming subscriptions
Earn 3% cash back on:
  • U.S. gas station purchases
  • U.S. transit purchases
  • Earn 1% cash back on other purchases

Terms Apply.
Earn 3% cash back on:
  • U.S. supermarket purchases
  • U.S. online retail purchase
  • U.S. gas station purchases
Earn 1% cash back on all other qualifying purchases

Terms Apply.
Annual fee
APR (or regular APR)
, then (Rates & Fees)
, then (Rates & Fees)
Foreign Transaction Fee
Other Benefits (or Additional Perks)
  • $7 monthly Disney Bundle credit. Enrollement Required.
  • $10 monthly Equinox+ credit
  • Car rental loss and damage insurance
  • Emergency global travel assistance
  • Purchase return protection
  • Exclusive access to American Express experiences

Terms Apply.
  • $7 monthly Disney Bundle Credit. Enrollement Required.
  • Monthly Home Chef Credit of up to $15
  • Car rental loss and damage insurance;
  • Emergency global travel assistance
  • Free two-day shipping with ShopRunner
  • Purchase protection for accidental damage and theft
  • Exclusive access to American Express experiences

Terms Apply.

Welcome offer

cardholders . With , you’ll

The offers more upfront, but you’ll need to spend roughly $500 monthly. If this seems like a stretch, you could be better off with the , as you’ll only need to spend $333 per month to get the welcome offer.

Welcome offer Winner:

Rewards

In terms of earning potential, also takes the top spot. Cardholders earn 6% cash back at U.s> supermarkets (capped at $6,000 per year), 6% on select streaming subscriptions, 3% on U.S. gas. station and transit purchases, and 1% on all eligible purchases. Terms Apply.

offers 3% cash back on groceries, U.S. online retail purchases and purchases on gas at U.S. gas stations. Once you spend $6,000 in each category, the cash back earnings drop to 1% on all eligible purchases. Terms Apply.

Rewards Winner:

Annual fee

Cardholders enjoy a annual fee for the first year with (Rates & Fees). However, this perk is short-lived. With , you won’t ever pay an annual fee (Rates & Fees).

could still be the better choice here. The annual fee after the first year breaks down to about $7.92 per month. If you enroll for The Disney Plus bundle or Equinox+ home workout program, the statement credits could easily cover the cost. 

Annual Fee winner:

APR

The APR range is identical on both cards—. However, you’ll get a different introductory APR period for purchases and balance transfers. It’s for (Rates & Fees) and for (Rates & Fees), making the latter the winner of this category.

APR winner:

Foreign transaction fee

Both cards come with a foreign transaction fee of (Rates & Fees; Rates & Fees).

Foreign transaction fee winner: Tie

Additional perks

Cardholders receive significant added perks with either option, so it’s hard to identify a clear winner. Both cards offer:

  • $7 monthly Disney Bundle credit. Enrollment Required.
  • Car rental loss and damage insurance
  • Emergency global travel assistance
  • Exclusive access to American Express experiences
  • Purchase protections
  • Terms Apply.

With , you’ll also get a $10 statement credit each month when you use your card to pay for the Equinox+ membership. Or you can unleash your inner chef and purchase meal solutions from HomeChef.com to get a monthly statement credit of up to $15. Terms Apply.

Additional perks: Tie

Which card earns the most

Although you’ll pay an annual fee after the first year for , your earning potential outweighs the cost. To illustrate, here’s what you earn in each category by spending $500:

Grocery or supermarket purchasesStreaming subscriptionsU.S. Gas station purchasesTransit purchasesU.S. online retail purchasesTotal cash back
$30
$30
$15
$15
$5
$95
$15
$15
$15
$5
$15
$55

Our pick

Why we recommend

If you find yourself in the grocery store often, you can rake in cash back with . Monthly spending of $500 per month equates to $360. Plus, you’ll earn 1% for supermarket purchases once you’ve spent $6,000 on the card.

Regarding the annual fee, the added perks and cash-back bonus categories make it easy for the card to pay for itself. And if you commute to and from work, the fuel or transit costs you incur mean even more cash back for you.

Why you would still opt for

is the better choice if you prefer a cash-back reward without an annual fee. It’s also ideal if your spending is on the lower end and you won’t quite reach the $6,000 threshold needed to maximize the 6% cash back bonus that comes with the

Bottom line

The and are both solid options for low-cost cash-back rewards credit cards. However, the has the better welcome offer and can earn you the most if you’re able to capitalize on the 6% cash back. Be sure to analyze your spending patterns to determine which card is best for you.

For rates and fees of the card_name, please visit this URL.

For rates and fees of the card_name, please visit this URL.

Frequently asked questions (FAQs)

Can I have both and ?

It’s possible to have both cards at once. You’ll generally need good or excellent credit to qualify. Remember that you could be denied credit if you’ve recently applied for several other cards.

What are alternative cash-back credit cards?

American Express also offers the Cash Magnet Card with no annual fee. Other cash-back credit cards worth considering include , and the .

The information presented here is created independently from the TIME editorial staff. To learn more, see our About page.

1.1795.238+1.62.28