Poll of the Day > Does anybody know if the Amex Blue Cash Preferred credit card is worth it?

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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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argonautweakend
09/03/20 12:02:14 AM
#2:


The Amex website is now showing me $300 cash back under the same terms.

God damn.
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Mead
09/03/20 12:03:54 AM
#3:


balor used to swear by it

---
The Betrayer
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argonautweakend
09/03/20 11:08:12 AM
#4:


Okay I got approved for the card.

So I spend $1,000 in 3 months and I get 205 dollars cash back(300 but 95$ a year fee) and after one year I bail.

6% on groceries(from dedicated grocery stores and NOT walmart, target, sams club etc) and 3% on gas making it even better.

I would NOT be getting this card if I had to pay the yearly fee outright, because then I wouldn't dream of getting close to the same % cash back adjusted for the 95 dollars.

Too bad this card is (thick) plastic and not metal. But it looks cool as fuck even so.
https://i.ytimg.com/vi/m0LyDgdJCPM/maxresdefault.jpg
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