American Express Blue Cash Preferred $250 Sign Up Bonus

Update: It’s possible to get a $300 bonus via referral.

The Offer

Direct link to offer

  • American Express has increased the sign up bonus on the Blue Cash Preferred to $250 after $1,000 in purchases within the first three months

Card Details

  • Annual fee of $95 not waived first year
  • Card earns at the following rates:
    • 6% cash back at U.S. supermarkets (up to $6,000 in spend annually, then 1%)
    • 6% cash back on select U.S. streaming subscriptions
    • 3% cash back at U.S. gas stations
    • 3% cash back on transit (e.g taxis/rideshare, parking, tolls, trains, buses and more)
    • 1% back on all other purchases
  • You can only get the sign up bonus on American Express cards once

Our Verdict

The increased bonus is part of the product refresh on this card which saw the addition of the streaming subscriptions and transit category. We’ve seen increased bonuses of up to $450 on this card before, so I’m not sure how strong this offer actually is. I guess if you can maximize the 6% categories it’s an attractive offer but not strong enough to be added to the best credit card bonus page.

A better option would be to go for the $300 referrals offer + up to 20,000 points for the referrer. If you have any questions about American Express cards they are most likely answered here.

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17 Comments
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Mike
Mike (@guest_1026442)
July 30, 2020 17:26

just got a mail offer, $300 bonus is back

W.C
W.C (@guest_993371)
June 5, 2020 22:27

I heard gift cards don’t count as bonus spending. Does anyone know about GC purchase on raise.com? And how long generally does the bonus take to post?

somy
somy (@guest_757672)
May 9, 2019 15:18

Any idea on which card would give the max referral points?

Devon
Devon (@guest_757659)
May 9, 2019 15:01

 William Charles Just to add a DP here, I am seeing a $300 after $1000 in spend in 3 months offer via incognito browsing the Amex site, I just took a screenshot if you want it let me know.

Chris
Chris (@guest_757508)
May 9, 2019 10:16

Got this as an upgrade offer for my Blue Cash Everyday (previously downgraded from BCP in Oct 2018). Same terms – $250 bonus after $1k spend in 3 months.

Staradmiral
Staradmiral (@guest_757485)
May 9, 2019 09:07

Please make a thread for referral links. The referral offer is higher than the public offer

Charlie
Charlie (@guest_757497)
May 9, 2019 09:54

People can self refer most AMEX cards.

harv
harv (@guest_757480)
May 9, 2019 08:43

I was disappointed when I learned that gas stations does not include gas purchased at Kroger or Meijer.

PENG
PENG (@guest_757531)
May 9, 2019 10:54

Neither Sam’s Club does.

Mark
Mark (@guest_757572)
May 9, 2019 12:01

Me too, that sucks. Discover it seems to code my local Kroger gas for 5%. Chase Freedom did last quarter as well. Not sure what I will do next quarter. Probably visa Costco and hope it codes.

Jenny
Jenny (@guest_757476)
May 9, 2019 08:26

Can you get 6% back at Walmart?

PENG
PENG (@guest_757530)
May 9, 2019 10:54

No I don’t think so.

Staradmiral
Staradmiral (@guest_757576)
May 9, 2019 12:07

Walmart grocery website counts as groceries, so sorta YES

Ron
Ron (@guest_757462)
May 9, 2019 07:16

Seeing the same here if I refer, it’s $300 on 1000 spend. More importantly, when and where can we leave our refer link? Lmao

Mark
Mark (@guest_757459)
May 9, 2019 06:49

Referral bonus I’m showing in my app right now is for $300 back on $1000 in spend. $100 for referrer. Seems higher than last time I looked.

Meep
Meep (@guest_757461)
May 9, 2019 06:53

Mine shows $300 for $1000 spend as well.