How to Apply for your Blue Cash Preferred Card
The Blue Cash Preferred Card is considered one of the best credit cards for families.
This option from Amex, as the American Express operator is known, is popular due to the numerous benefits it offers. These are:
- Annual fee: Enjoy all those benefits free for the first year. This card has a $0 annual fee for the first year and $95 onward from the second year.
- Cashback: It offers 6% cash back at U.S. supermarkets on spending up to $6,000 yearly. If you have streaming subscriptions select the U.S. streaming platform, and you will get 6% cash back on the payment. For commuting, you will get 3% cash back on taxis, rideshare, parking, tolls, trains, buses, and gas stations. Besides those, 1% cash back on everything else.
- Purchase protection: American Express protects you on eligible purchase returns. If the seller won’t take them back up to 90 days from the purchase date, you can return them to American Express. Get a maximum $300 refund per item excluding shipping and handling, up to a maximum of $1,000 per calendar year.
- Buy now pay later: Using Plan It, lets you make the purchase now and pay for it later. You can pay for purchases of $100 or more in monthly installments with a fixed fee. Amex members can earn rewards on their favorite purchases by adding Amex offers to their eligible card, and earn rewards on qualifying purchases.
- Disney offer: On spending a minimum of $9.99 on a monthly eligible Disney Bundle subscription, you will receive monthly $7 cashback up to $84 annually. This will be applicable on DisneyPlus.com, Hulu.com, or Plus.espn.com. You will get a $10 monthly or $120 annual statement credit by paying the subscription fee on Equinox+ at equinoxplus.com with this card.
- Transport insurance: You will be covered under car rental loss and damage insurance with this card. However, this offer does not cover vehicles rented in Australia, Italy, and New Zealand.
- Customer service: A global assistant hotline with emergency assistance is available 24/7 for traveling more than 100 miles from home.
- Split payment: If you go on a group dinner, your American Express purchases can be smoothly split with other Venmo or PayPal users, directly from the App. You can do the math, split up the amount, and send payment requests.
- Balance transfer offer: You can request a Balance Transfer within the first 60 days after opening the account. But fees apply.
- Dispute resolution: If there is any fraudulent or incorrect charge on your statement, American Express will work with you to help resolve the issue.
- Online account management: Accessing your online account is easy. Get updated information on your Reward Dollar balance, spending, and reward possibilities, all with just a few clicks.
Prerequisites
American Express or Amex provides financial services across the world. It has different products and services such as credit cards, payment solutions, travel-related services, and others.
The credit score required is good for the Amex Blue Cash Preferred Card.
Some other factors affect credit cards for approval. Your age must be at least 21 to have this card and if you are 18 to 20 years old you can only include your income on your application.
Your Income, debt-to-income ratio, employment status, and creditworthiness also play an important role in getting approved for the credit card.
About bank
American Express began as a national company, expanding its reach through partnerships and eventually establishing a global presence as a provider of card services in multiple countries.
Evolving from its roots in express services, it diversified into financial and travel offerings, launching its first paper card in 1958.
Committed to enhancing customer experiences, American Express now offers a wide range of products and services, from freight forwarding to innovative digital solutions, with a focus on customer loyalty.
Who is this card for?
This card can be counted above other cards in terms of household benefits.
This card gives exciting benefits to supermarkets, Disney subscriptions, and transportation.
So, anyone who is at least 18 years old and has an income, can be benefitted by using this card.
Furthermore, it is a great option for those looking for a card with superior rewards benefits and use this payment method in practically all day-to-day transactions.
Step by step to apply for the card
Amex makes the application procedure for their Blue Cash Preferred card very easy. It doesn’t cost you more than a minute to apply for this card.
To apply for this card, visit the American Express website, and go to the Blue Cash Preferred card page. The application process will start by clicking on the Apply Now button.
You have to submit personal information, contact information, social security number or TIN, and income details. You need to agree to the terms and conditions to apply.
Positives and negatives of the card
This card has many positive sides to offer for its customers but there are negative sides as well. Those are:
Positive sides:
- This card gives rewards on necessary everyday spending;
- Rewards on eligible streaming services;
- It offers purchase protection, return protection, and extended warranty benefits;
- Welcome bonus and Introductory APR offer;
- 24/7 traveling assistance;
- Rental insurance;
- No annual fee for the first year.
Negative sides:
- APR offer is less than other cash-back credit cards;
- Have foreign transaction fees;
- Need a good credit score;
- Have to spend a minimum amount to get the bonus.
How to unlock the card?
This card can be activated by calling 1 (800) 528-4800, or AMEX online activation service, or with the mobile app. You must activate the card in no less than 45 days.
Fees and tariffs
This card has a $0 annual fee for the first 12 months, after that the annual fee is $95.
- The annual Percentage Rate (APR) for Purchases and balance transfers is 0% for the first 12 months. After that, the APR will be 19.24% to 29.99% depending on the credit worth. APR for Cash Advances and Penalty APR is 29.99% but this may vary based on the market rate.
- The due date for interest payment is 25 days after the close of each billing period. If you pay the entire balance each month no interest will be charged.
- If you move your purchases into a plan within the first 12 months, there will be a 0% fee. After that, the fee will be up to 1.33% for each purchase moved.
- Transaction fees for balance transfers are $5 or 3% of the amount, and for cash advances are $10 or 5% of the amount. The greater amount will be charged.
- On foreign transactions, the fee is 2.7%
- Penalty fees for late payment and returned payment are up to $40 and there are no fees for overlimit.
Find out more details about rates and fees here.
Customer service
The customer service number for American Express is 1-855-497-1040, which is open 24 hours for local & international customers. You can also contact the card ambassadors during business hours. Find out other contact numbers.
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