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  • American Express Blue Cash Preferred Card
    Credit Cards

    Amex Refreshes Blue Cash Preferred

    American Express has refreshed it’s Blue Cash Preferred cash back credit card with new bonus earning categories. They’ve also left the annual fee unchanged at $95 per year. Blue Cash Preferred has earned 6% cash back on the first $6,000 of eligible purchases each calendar year at supermarkets . Now you can also earn 6% on U.S. streaming subscriptions like Netflix and Spotify. A full list can be found here. In addition to earning 3% cash back at gas stations, you can now earn 3% on transit. This includes trains, taxicabs, ride share services, ferries, tolls, parking, buses, and subways (airfare, car rental and cruises are not considered transit). The…

  • Basics,  Credit Cards

    Amex Blue Cash Everyday or Preferred. Which is Right For You?

    UPDATE: The Annual Fee for the Blue Cash Preferred Card is increasing to $95 on 8/3/16. See my updated post here. There are those who would never apply for a cash back credit card that charges an annual fee. Does it make sense to pay a fee to get your own cash back? The answer lies in your own spending habits and as you’ll see, those fees could be well worth paying. Lets compare the two popular cash back credit cards offered by American Express–one that charges an annual fee and one that doesn’t–Blue Cash Everyday and Blue Cash Preferred.  I’ll walk you through the extra benefits and do all the necessary math…

  • Basics,  Credit Cards

    Credit Card Annual Fees: Are They Worth It?

    There are those who would never apply for a credit card that charges an annual fee. Why pay when there are so many other cards that don’t charge one?  A valid question, and the answer depends on your spending and lifestyle habits. As you’ll see below, in some cases, those fees could be well worth paying. Annual fees can top out at over $400 for some premium credit cards, but they can include access to airport lounges such as American Airlines, Delta, or United.  These private lounges offer travelers free food, snacks, complimentary beverage service, comfortable seating, free WiFi, clean facilities, and other luxurious perks not available to the general public. If you fly frequently…