New offers on the Amex Blue Cash Everyday and Blue Cash Preferred: Are they worth it?

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American Express is known for its fantastic lineup of travel credit cards that earn valuable Membership Rewards points. But Amex also offers a few great cash-back options if that’s more your speed.

The Blue Cash Everyday® Card from American Express now offers a $200 statement credit after you spend $2,000 in purchases on your new card within the first six months of card membership. And its sister card, the Blue Cash Preferred® Card from American Express, offers a $250 statement credit after you spend $3,000 in purchases on your new card within the first six months of card membership.

Here’s a closer look at the details on both cards.

Amex Blue Cash Everyday Credit Card

(Photo by Eric Helgas/The Points Guy.)
ERIC HELGAS/THE POINTS GUY

Annual fee: $0 (see rates and fees).

Welcome offer: Earn a $200 statement credit after you spend $2,000 in purchases on your new card within the first six months of card membership.

Rewards rate: Earn 3% cash back at U.S. supermarkets, online retail purchases and gas stations on up to $6,000 per category per year in purchases, then 1%.

Plus, get $7 back each month after using your Blue Cash Everyday Card to spend $12.99 or more each month on an eligible subscription to The Disney Bundle, which includes Disney+, Hulu, and ESPN+. Enrollment required.

Is the card worth it?

The no-annual-fee Blue Cash Everyday card (see rates and fees) offers a solid array of bonus categories. The Blue Cash Preferred is the more valuable option, but there are benefits to the Blue Cash Everyday if you are adamant about avoiding an annual fee.

This card also offers a 0% intro annual percentage rate (APR) on purchases and balance transfers for 15 months from the date of account opening, then a variable rate of 18.24%-29.24%.

Check out our full card review.

Apply here: Blue Cash Everyday Credit Card

Amex Blue Cash Preferred Credit Card

THE POINTS GUY

Annual fee: $0 for the first year, then $95 (see rates and fees).

Welcome offer: Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first six months of card membership.

Rewards rate: 6% cash back at U.S. supermarkets (up to $6,000 per calendar year in purchases then 1%) and on select streaming services; 3% cash back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more); 1% cash back on all other purchases.

Plus, get $7 back each month after using your Blue Cash Everyday Card to spend $12.99 or more each month on an eligible subscription to The Disney Bundle, which includes Disney+, Hulu, and ESPN+. Enrollment is required.

Is the card worth it?

With the enticing bonus categories and a solid welcome offer, many who prefer cash-back cards will have no problem justifying the annual fee after the first year on the Blue Cash Preferred. It’s best for those who spend lots on groceries and streaming services as well as transit and gas.

This card has a 0% APR for 12 months on purchases from the date of account opening, then a variable rate of 18.24%-29.24%.

Check out our full card review.

Apply here: Blue Cash Preferred Credit Card

Bottom line

You should always strive to earn the best bonus possible no matter what, but this is especially important for American Express credit cards. Amex has a policy that you can only earn one welcome offer per card per lifetime. This means you have one shot to earn a welcome offer for each of Amex’s credit cards. If you apply for a card now with a less-than-stellar bonus, you won’t be able to apply for it again in the future to earn a better bonus.

The current welcome offers on both the Blue Cash Everyday and Blue Card Preferred are both valuable and easy to earn, which makes it a great time to apply for either card.

Apply here: Blue Cash Everyday Credit Card
Apply here: Blue Cash Preferred Credit Card

Additional reporting by Ryan Wilcox and Benét J. Wilson.

For rates and fees of the Amex Blue Cash Everyday, please click here

For rates and fees of the Amex Blue Cash Preferred, please click here