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TopicDoes anybody know if the Amex Blue Cash Preferred credit card is worth it?
argonautweakend
09/02/20 11:51:44 PM
#1:


I want to churn and burn this son a of a bitch, and Amex makes it easy.

spend 1,000 dollars in the first 3 months and you get $250 back. The annual fee is $95, but...I can eat that cost if I need to. I suspect I cannot cancel before a years time, so eating the cost is not a problem

Plus, the rewards are so good I could likely use it for one year, or hell even 2 at the rate I'd gain back.

6% back on groceries.
3% on gas
1% everywhere else

Those interest me. the 6% back on travel or streaming services I don't care about so much.

This seems so simple, am I missing anything? I've never owned an American Express before. I plan on paying the balances down as soon as I get them, but do I need to know anything about them?
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