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The Blue Cash Preferred® Card from American Express is already one of the best cash back cards on the market. For those who frequently use ride sharing services like Uber and Lyft, things just got even better.
Earn with Uber and Lyft
American Express has added a whole new category of rewards for the card: transit. New and existing cardholders will now begin to earn 3% cash back on a whole range of eligible transit purchases, covering anything from Lyft, Uber and other ride-share services, as well as parking, tolls and train fares. That’s in addition to the already solid 3% cash back at U.S. gas stations. So now if you’re traveling by your car, someone else’s car, train, or bus, you’ll be earning great rewards no matter what.
The welcome bonus has also been updated from a $200 to a $250 statement credit after you spend $1,000 within the first 3 months, and there is also an introductory offer of 0% intro APR on purchases and balance transfers for 12 months. The annual fee has stayed the same at $95.
It’s always been one of the best cash back cards out there, and with this new category added, its setting itself up as the cash back credit card you want for making your way around town.
All the cash back
Blue Cash Preferred® Card from American Express
This card gets you 6% cash back on U.S. streaming services, 6% cash back at U.S. supermarkets (up to $6,000 per year then 1%), 3% cash back at U.S gas stations and on transit, and 1% cash back on all other purchases. You’ll earn a valuable sign-up bonus to the tune of a $250 statement credit after you spend $1,000 within the first 3 months. There is also a 0% intro APR on purchases and balance transfers for 12 months, then a variable APR, 15.24% to 26.24%.
We also wouldn’t be doing rewards justice without mentioning a few honorable mentions for when you’re looking to earn rewards for your Uber rides, especially considering that Uber’s own Visa card only earn 2X points for Uber rides. The Platinum Card® from American Express immediately comes to mind with its $200 annual credit towards Uber rides ($15 a month with a $20 bonus in December). The Chase Sapphire Preferred and Chase Sapphire Reserve also allow you to earn 2X 3X points, respectively. All of these cards enjoy other perks as well, so dig in and find one that gets you the best of Uber and everything else.
This article was originally posted here