3 Reasons Why I Have the American Express Blue Cash Preferred Credit Card

The benefits this credit card has offered me so far have been great, but will this be a card I will hold for the long-term?

Tunji Onigbanjo
The Dark Side

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Blue Cash Preferred by American Express

My 6th credit card ever. Yes, I have 6 credit cards at the age of 22. Over the past 3 years, I have learned a lot about credit cards and have been rewarded by using them responsibly. The American Express Blue Cash Preferred is one of the most rewarding credit cards I own other than the Amazon Prime Rewards Visa Signature. As stated in the name, this is a cashback credit card. It had one of the highest sign-up bonuses at the time I applied and some of the highest cashback rewards in categories we can all benefit in. The Blue Cash Preferred is a powerhouse card. It does come at a fee, which is $95. Does this fee hinder me from holding this card for the long term? Possibly, but let us go through the reasons I have this card first.

Disclaimer: This article includes affiliate links for the Blue Cash Preferred.

1. $300 Sign-up Bonus

Who does not like free money? At the time I was looking to apply to the Blue Cash Preferred, late December 2019, I was fortunate to come across a targeted offer, which was a $300 sign-up bonus. The sign-up…

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