Amex · courtesyBlue Cash Preferred® Card from American Express
$0/ year
Up to $120/yr in credits & perksAmerican ExpressReward Dollars valued at 1¢/ptRecent changes: Current annual fee: $0 intro annual fee for the first year, then $95. Previous: $95. First-year waived: True. New vs existing: new applicants receive $0 intro annual fee for the first year, then $95; existing cardmembers past the intro period pay $95. · Amex added the $120 Disney Streaming Credit to BCP (and a smaller $84 version to BCE), giving cardmembers a monthly statement credit on enrolled Disney+/Hulu/ESPN streaming subscriptions.
Benefits, itemized
16 tracked · published maximums — realized value depends on enrollment and timing.6% Cash Back at U.S. Supermarkets
Earning6% cash back on up to $6,000 per year in purchases at U.S. supermarkets (then 1%)
Terms & eligibility
U.S. supermarkets only; purchases at superstores, warehouse clubs, and specialty grocery stores may not qualify
Government source · Aug 24, 2026Up to
$360
ongoing
6% Cash Back on Select U.S. Streaming Subscriptions
Earning6% cash back on select U.S. streaming subscriptions
Terms & eligibility
Must be a 'select' streaming merchant as classified by Amex; some bundles or third-party billing may not qualify
Government source · Aug 24, 2026Included
3% Cash Back on Transit
Earning3% cash back on transit (taxis/rideshare, parking, tolls, trains, buses and more)
Terms & eligibility
Merchant must classify as transit per Amex category rules
Government source · Aug 24, 2026Included
3% Cash Back at U.S. Gas Stations
Earning3% cash back on eligible purchases at U.S. gas stations
Terms & eligibility
Purchases at superstores, warehouse clubs, and convenience stores may not code as gas stations
Government source · Aug 24, 2026Included
1% Cash Back on Other Eligible Purchases
Earning1% cash back on other eligible purchases (no cap)
Terms & eligibility
Excludes fees, interest charges, and certain purchase types per Amex terms
Government source · Aug 24, 2026Up to
$6,000
ongoing
$120 Disney Streaming Credit
Credit$120 in statement credits per year (up to $10 monthly statement credit)
Terms & eligibility
Must use enrolled Blue Cash Preferred Card; subscription must be subject to auto-renewal; U.S. websites only
Government source · Aug 24, 2026Up to
$120
monthly (auto-renewal subscription required)
Cash Back at Amazon.com Checkout
EarningUse Reward Dollars at Amazon.com checkout
Terms & eligibility
Must link Blue Cash Preferred Card to Amazon account; value same as statement credit redemption
Government source · Aug 24, 2026Included
Send & Split® (Venmo and PayPal)
AccessSend money and split purchases via Venmo and PayPal
Terms & eligibility
Must enroll in Send & Split; recipient must be a Venmo or PayPal user
Government source · Aug 24, 2026Included
Car Rental Loss and Damage Insurance
ProtectionSecondary coverage for damage to or theft of rental vehicle
Terms & eligibility
Secondary coverage (not primary); excludes rentals in Australia, Italy, and New Zealand; not all vehicle types or rentals covered; does not include liability
Government source · Aug 24, 2026Included
Purchase Protection
ProtectionUp to $1,000 per Covered Purchase, up to $50,000 per Card Member account per calendar year
Terms & eligibility
Theft or accidental damage only; subject to Amex Assurance exclusions and restrictions
Government source · Aug 24, 2026Included
Return Protection
ProtectionUp to $300 per item, up to $1,000 per calendar year per Card account
Terms & eligibility
Seller must refuse the return; American Express may refund full purchase price excluding shipping and handling
Government source · Aug 24, 2026Up to
$1,000
per eligible return (90 days from purchase date)
Extended Warranty
ProtectionUp to one extra year added to Original Manufacturer's Warranty (warranties of 5 years or less)
Terms & eligibility
Applies to warranties of 5 years or less; subject to Amex Assurance exclusions
Government source · Aug 24, 2026Included
Global Assist® Hotline
Access24/7 emergency assistance when traveling more than 100 miles from home
Terms & eligibility
Card Member responsible for costs charged by third-party service providers
Government source · Aug 24, 2026Est. value
~$1
on demand while traveling
Amex Special Ticket Access
AccessAccess to Amex Presale Tickets® and Amex Reserved Tickets®
Terms & eligibility
Select events; subject to availability
Government source · Aug 24, 2026Included
Amex Offers
EarningEarn extra rewards on qualifying purchases at select brands
Terms & eligibility
Must add offer to eligible Card; spend must occur during offer window
Government source · Aug 24, 2026Included
Balance Transfer Offer (first 60 days)
AccessRequest a Balance Transfer within first 60 days of account opening (fees apply)
Terms & eligibility
BT fee applies (Either $5 or 3% of each transfer, whichever is greater); 0% intro APR on BTs for 12 months from account opening
Government source · Aug 24, 2026Included
Downgrade paths
Product changes usually keep your account age and credit line. Retained-value figures are estimates — confirm specifics with the issuer.
Move to Blue Cash Everyday® Card from American Express
no annual fee
Issuer-documentedRetained value not quantifiedBCP cardmembers in good standing; typically available after 12+ months of cardmembership (per Amex product change rules; not officially stated minimum tenure) Call number on back of card or use Amex chat to request product change; per Amex Credit Intel article (Dec 24, 2025), 'Since both Cards belong to the same card family, downgrading from Preferred to Everyday is possible. You can call the number on the back of your card.'
Government source · Aug 24, 2026Move to American Express Cash Magnet® Card (legacy / closed to new applicants)
no annual fee
Unconfirmed pathRetained value not quantifiedUNCONFIRMED — Cash Magnet was historically a valid downgrade destination from BCP within the Amex consumer cash-back family, but American Express closed Cash Magnet to new applicants on September 25, 2024. Whether product changes INTO Cash Magnet are still permitted for existing cardmembers is UNCONFIRMED; community sources suggest Cash Magnet is no longer a downgrade destination. UNCONFIRMED — historically required call to customer service; product change availability now unclear given card discontinuation for new applicants
Editorial estimate· reviewed Aug 24, 2026
Recent retention offers
Government source · Aug 24, 2026- upd. 2 months agoOffer reported2025 (exact date UNCONFIRMED — Reddit thread ID 176ewjh)
$125 statement credit after spending $2,000 in 3 months
$2,000 spend3 months1 datapoints · low confidence - upd. 2 months agoOffer reported2024-2025 (exact date UNCONFIRMED — Reddit thread ID 1m89sws)
$75 statement credit after spending $7,500
$7,500 spendUNCONFIRMED (typical 3-month window per Amex pattern)1 datapoints · low confidence - upd. 2 months agoOffer reported2022-07-25
$100 statement credit after $1,500 spend in 3 months
$1,500 spend3 months1 datapoints · low confidence - upd. 2 months agoOffer reported2022 (exact date UNCONFIRMED — Reddit thread ID uzyqw3)
$75 cash back after $1,000 spend
$1,000 spendUNCONFIRMED1 datapoints · low confidence - upd. 2 months agoOffer reported2022 (exact date UNCONFIRMED — Reddit thread ID x7ds2e)
$100 after $1,500 spend (second-year retention offer)
$1,500 spendUNCONFIRMED1 datapoints · low confidence - upd. 2 months agoNo offer2023-2024 (exact date UNCONFIRMED — Reddit thread ID 164jncd)
No retention offer received despite multiple requests since 2018
N/A spendN/A1 datapoints · low confidence
Offers vary by account and eligibility. Reported outcomes are not guaranteed. Community data shown here is an illustrative sample — never rely on it as a promise of what you'll be offered.
Information is provided for educational and decision-support purposes and may change. Always confirm current terms, benefits, eligibility, fees, and offers directly with American Express.