American Express dropped a couple of new offers for their Blue Cash cards — and they may be worth jumping on with Amazon Prime Day just around the corner.
The Blue Cash Preferred Card (which is our favorite card for supermarket shopping) is waiving its $95 annual fee for the first year of card membership. Amex increased its welcome offer to $300 cashback when you spend $3000 on purchases within six months of being approved. This is a limited-time offer and expires on December 10, 2020.
The no annual fee Blue Cash Everyday Card, meanwhile, boosted its cashback welcome offer from $150 to $200 when you spend just $1000 on purchases within three months of approval.
0% Intro APR: Good for Amazon Prime Day?
Amazon Prime Day is next week: Tuesday, October 13, and Wednesday, October 14. American Express generally gives you a card number immediately upon online approval. This way, you can start online shopping at your convenience. So it might be worth jumping on one of these deals ASAP.
Both cards offer 0% introductory APR on purchases. The Blue Cash Everyday Card gives you 15 months to pay off purchases before a variable interest rate kicks in. The Blue Cash Preferred Card offers 12 months.
I was approved yesterday for the Blue Cash Everyday Card. My 2012 MacBook Pro is starting to show its age (aren’t we all) and I need to upgrade. So I have my eye on this new MacBook Pro — which is already on sale — and will see if it drops further in price during Prime Day. I plan on using the Blue Cash Everyday Card‘s 15 months 0% APR to space out the payments and make everything more affordable.
Blue Cash Preferred Card from American Express (learn how to apply)
- Earn 6% back on up to $6,000 spent at U.S. supermarkets annually
- Earn 6% back on select U.S. streaming subscriptions (like Netflix, Amazon Prime Video, Spotify, Apple Music, and many others)
- Earn 3% back on transit purchases (think Lyft, Uber, parking, tolls, etc.)
- Earn 3% back at U.S. gas stations
- Earn 1% back on everything else.
Starting the second year you hold the card, the $95 annual fee is easily offset if you spend at least $1600 a year between U.S. supermarkets and streaming services.
Great cashback categories!
- 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
- 2% Cash Back at U.S. gas stations and at select U.S. department stores.
- 1% Cash Back on other purchases.
No annual fee.
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