The Blue Cash Preferred earns 6% cash back at U.S. supermarkets, one of the highest grocery rates available, and it tops our Best Credit Cards for Dining and Groceries list as the Best Overall pick. It also earns 6% on select U.S. streaming subscriptions and 3% on transit and U.S. gas stations. The tradeoff is a $95 annual fee and a $6,000 yearly cap on the 6% grocery rate, after which it drops to 1%, so the card pays off best for households that spend heavily on groceries. Spending outside the bonus categories earns only 1%, and the foreign transaction fee rules it out for travel abroad. The $300 bonus after $3,000 in spend over six months, an 18-month 0% intro APR on purchases, and an up to $84 annual Disney Bundle credit (enrollment required) all help offset the fee.
Earn rates & credits
| Category | Rate |
|---|---|
Groceries U.S. supermarkets on first $6,000/yr, then 1% | 6% |
Streaming Select U.S. streaming subscriptions | 6% |
Transit Including taxis, rideshare, parking, tolls, trains, buses | 3% |
Gas U.S. gas stations | 3% |
Everything Else | 1% |
| Benefit | Value |
|---|---|
Disney Bundle Discount $7/month statement credit toward the Disney Bundle (Disney+, Hulu, ESPN+) | $7 /mo |
| Total annual credits | $84 |
Card details
Regular APR | 19.49%–28.49% variable |
Intro APR on purchases | 0% for 12 months |
Intro APR on balance transfers | 0% for 12 months |
Foreign transaction fee | Yes |
Approval odds
Product changes
Where cardholders came from before landing on this card, and what they moved it to afterwards. Thicker flows carry a larger share of the changes in that direction.
Based on 10 reported product changes. Percentages are shares of each direction, not of all cardholders, and a small sample can swing a long way.