The Blue Cash Preferred is built around groceries: 6% back at U.S. supermarkets on up to $6,000 a year, which is $360 at the cap against a $95 annual fee. Another 6% on select U.S. streaming subscriptions plus 3% on transit and at U.S. gas stations rounds it into a strong everyday card, and it ranks #2 on our dining and groceries list. The catches are that supermarket cap, after which groceries fall to 1%, and the flat 1% on everything outside the bonus categories. The protection package is deeper than most cash-back cards bother with: purchase protection, return protection, and up to an extra year of extended warranty, plus up to $7 a month toward the Disney Bundle if you enroll. A $300 bonus after $3,000 in six months and 0% intro APR for 12 months on purchases and qualifying balance transfers make the first year clearly fee-positive. If groceries are a small line in your budget, though, the $95 is harder to earn back than the headline rate suggests.
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 |