American Express Blue Cash Everyday & Preferred 2021 | The Most Underrated Credit Card

TL;DR

The Blue Cash Everyday and Blue Cash Preferred cards by American Express are highly underrated and undervalued, offering a range of cash back benefits for everyday spending.

Transcript

so in this video we're gonna be going over what i consider to be the most underrated credit card by american express now look just like many people watching this video i would consider myself the gold and platinum enthusiast of the credit card community these cards have been my daily drivers for the past few years and i absolutely love them i never... Read More

Key Insights

• 💳 The Blue Cash Everyday and Blue Cash Preferred cards are highly underrated in the credit card industry.
• 💳 The cash back rewards on these cards, particularly for groceries and streaming services, make them valuable additions to a credit card lineup.
• 🤱 The annual fees for these cards can be justified if the cash back and benefits outweigh the cost.
• 🫢 The Blue Cash Preferred card is especially suitable for individuals with higher spending in categories like groceries and gas.
• 🤱 These cards offer a clear downgrade path if the annual fee becomes a concern in the future.
• 🤘 The welcome bonuses associated with these cards provide additional value upon sign-up.
• 🥅 Regular analysis of spending habits is necessary to determine if these cards align with one's financial needs and goals.

Summary & Key Takeaways

• The Blue Cash Everyday and Blue Cash Preferred cards are cash back credit cards, with the latter offering higher benefits but with an annual fee of $95.

• Cash back rewards include 6% at US supermarkets, 3% on streaming services, and 2% at gas stations.

• The cards also offer cash back on transit expenses and select US department stores.