The Amex Blue Cash Preferred Card offers one of the best cashback rewards for grocery shopping, making it a valuable tool for families and individuals looking to make the most of their monthly expenses.
Grocery shopping is a necessity that cannot be avoided, and it can quickly add up to a substantial annual expense. According to WalletHub, the average monthly grocery bill for two people stands at approximately $557.
This can amount to nearly $6,700 annually. For those looking to optimize their spending, the Amex Blue Cash Preferred card presents an opportunity to earn up to $360 in cashback every year, just from buying groceries.
What the Amex Blue Cash Preferred Card Offers
The Amex Blue Cash Preferred Card stands out with its impressive cashback rate of 6% at U.S. supermarkets, applicable to up to $6,000 in purchases per year. This translates to substantial rewards for those who spend consistently on groceries.
For example, if your monthly grocery spending is $557—the national average—this cashback rate would unlock the maximum $360 in rewards by the end of the year. Additional rewards include 3% cash back at U.S. gas stations and transit services, such as taxis, tolls, and rideshares.
Meanwhile, all other purchases earn 1% cash back. However, it’s important to note that purchases at major superstores like Target or Walmart do not qualify for the grocery cashback rate, which could be a factor for those who shop primarily at these retailers.
A Card Designed for Heavy Spenders
The card’s high cashback rate on groceries makes it especially useful for larger households or those with significant monthly grocery expenditure. For instance, a family that spends over $1,000 a month on groceries could easily reach the $6,000 cap before the year’s end, making it an effective way to boost savings on what is often a major monthly outlay.
Beyond groceries, the Amex Blue Cash Preferred also offers a $250 welcome bonus after spending $3,000 within the first six months. The card has an introductory annual fee of $0 for the first year, followed by a $95 fee in subsequent years. The additional benefits, such as the 0% intro APR for the first 15 months, add value for those who might carry a balance.
For individuals or families who can consistently reach the grocery spending cap, the Amex Blue Cash Preferred offers a straightforward and rewarding way to earn cashback, all while managing everyday expenses efficiently.
