AmEx Blue Cash Preferred (BCP) Credit Card (2017.5 Updated: Up to $250 Offer)

Blue Cash Preferred Card from American Express (BCP) Review

2017.5.4 Update: The restaurant 10% cash back offer is now over.

Application Link:

  • Blue Cash Preferred (BCP) public link. This is the official link, possible $250 offer with $1000 spending requirement. This public link does not contain the restaurant part. Note that you have to use the incognito mode or empty the cache in your browser to see the $250 offer. If you can only see the $150 offer, please try a few more times. Now the offer differs by location, you may need a VPN to see the big offer, see How to Use VPN to Get Amex Big Offers for details.
  • Blue Cash Preferred (BCP) referral link. This is our referral link, only $150. If you failed to see the higher offer using the above link or you want to thank us, you can use this referral link.

Features:

  1. Earn $150 after spending $1,000 in first 3 months.
  2. Earn 10% back at U.S restaurants within the first 6 months of Card Membership, up to $200. (Expired)
  3. Earn 6% cash back at US supermarkets; 3% cash back at US gas station and select US department stores; 1% cash back on other purchases.
  4. With this credit card, you can get access to Amex Offers, which often offers very good discounts at some stores. In the past we have seen offers like: Spend $15 or more and get $5 back at Walmart; Spend $75 or more and get $25 back on Amazon.com.
  5. Refer a friend: You can earn $50 for every approved account you refer, up to a maximum of 11 approved referrals ($550) per calendar year.

Disadvantages:

  1. $95 annual fee, NOT waived for the first year.
  2. Only first $6,000 purchases per Annual Reward Year (12 billing periods in a row beginning with the one that includes January 1st) at US supermarkets can earn 6% cash back, after that you can only earn 1%.
  3. According to American Express; Target, Walmart, and Costco do not count as supermarkets, and you can only get 1x when shopping there.
  4. This credit card is on the American Express Network, not Visa or MasterCard, so some small stores may not accept it.
  5. Foreign Transaction Fee.

Summary:

This is a good grocery card. A simple calculation can show that, even though it has an $95 annual fee, you can get more rewards on groceries than any no annual fee credit cards if you spend more than $300 per month on grocery. So if you spend a lot at supermarkets, this credit card is very worth keeping! One alternative worth mentioning, and especially so if you like MR points and can make 30+ purchase per month, is the AmEx EveryDay Preferred (EDP), see Best Rewards Credit Cards For Grocery for more details.

Tips:

There’s a more savvy way to use this credit card: find Gift Cards for the stores that you visit frequently (such as Shell, Amazon, etc) or Visa Gift Cards in supermarkets, use your Blue Cash Preferred to buy them and you can get 6% cash back (up to $6000 per year)! If you use the card this way, pretty much everything is 5%~6% cash back!

Related Credit Cards:

Best Downgrade Option:

Recommended Application Time:

  1. You can get the sign-up bonus once in a lifetime, so be sure to apply when the historical highest offer appears.
  2. AmEx doesn’t care about the number of hard pulls.
  3. You can try to apply for it when you have a credit history of 6 months.
  4. You must wait at least 90 days between the application for BCE and BCP, otherwise the application will be cancelled.
  5. Only one AmEx credit card can be approved in a day. This rule does not apply to charge cards, you can be approved for one credit card and multiple charge cards in the day. Multiple cards approved in the same day will only have one Hard Pull.
  6. Only 2 credit cards can be approved within 90 days, but again, this rule does not apply to charge cards.
  7. You can keep at most 5 AmEx credit cards, not including charge cards.

After applying:

  • Click here to check AmEx application status.
  • AmEx reconsideration backdoor number: 877-399-3083. The “real” backdoor number of Amex is well protected. Different from Chase, the representatives from this AmEx reconsideration backdoor number only have the right to help you submit requests.

Historical Offers Chart:

Application Link:

  • Blue Cash Preferred (BCP) public link. This is the official link, possible $250 offer with $1000 spending requirement. This public link does not contain the restaurant part. Note that you have to use the incognito mode or empty the cache in your browser to see the $250 offer. If you can only see the $150 offer, please try a few more times. Now the offer differs by location, you may need a VPN to see the big offer, see How to Use VPN to Get Amex Big Offers for details.
  • Blue Cash Preferred (BCP) referral link. This is our referral link, only $150. If you failed to see the higher offer using the above link or you want to thank us, you can use this referral link.


Share this post with friends:

How do you like this post?

[Total: 1    Average: 5/5]