I’ve been a fan of the Amex Blue Cash Preferred card, as it earns me 6% cash back on groceries up to $6500 a year, and 3% cash back on gas. Fantastic, yay me (minus the $75 annual fee).
But a friend of mine recently alerted me to an older version of that card called the Amex Blue Cash card that, if you’re a heavy duty manufactured spend person, will likely be a better deal for you:
You can see the full information here, but go into private browsing first)
You’ll earn 1% cash back on grocery, gas, and drug stores on the first $6,500 you spend every year.
You’ll earn .5% cash back on everything else on the first $6,500.
After you spend $6,500, you’ll earn 5% cash back on those categories (grocery, gas and drug store), and 1% cash back on everything else. There’s no annual fee.
If you’re someone who, for example, buys a lot of Vanilla Reload cards at CVS, this can be a very lucrative shift for you.
If you max out at $5k/month in VRs, here’s the math:
- If you use a 2.2% cash back Barclays Arrival, you’ll generate $1340 cash back (subtract VR fees from that).
- If you use this card, you’ll generate $2,787 cash back (1% on first $6500, 5% after that). Plus there’s no annual fee.
If you have an Amex Blue Cash Preferred, you should be able to switch to this version…
Again, clear your cookies or go into private browsing, then you can get to the application here.