Blue Cash Preferred® Card from American Express vs The Business Platinum Card® from American Express

This comparison aims to help you decide between the Blue Cash Preferred® Card from American Express and the The Business Platinum Card® from American Express. Each card has unique features suited for different spending habits and financial goals.

Card Overviews

Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card from American Express is designed for individuals who frequently shop at U.S. supermarkets and use streaming services. With its impressive cash back rewards on everyday purchases, it is an excellent choice for families and consumers looking to save on regular expenses.

The Business Platinum Card® from American Express

The Business Platinum Card® from American Express targets business owners and professionals who travel frequently. It offers extensive travel benefits, premium rewards points, and significant credits on business-related purchases, making it ideal for those who want to maximize their business expenses.

Detailed Feature Comparison

Rewards Highlights

Blue Cash Preferred® Card from American Express Rewards

• 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
• 6% Cash Back on select U.S. streaming subscriptions.
• 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more.
• 3% Cash Back at U.S. gas stations.
• 1% Cash Back on other purchases.

The Business Platinum Card® from American Express Rewards

• Earn 5X Membership Rewards® points for flights, prepaid hotels, and short-term rentals and prepaid flight + hotel packages booked at AmexTravel.com.
• Earn 1.5X points on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year.
• Earn 1X points on other eligible purchases.

Pros and Cons

Blue Cash Preferred® Card from American Express

• Pros:
  • High cash back rates on everyday purchases.
  • No annual fee for the first year.
  • Great for families and grocery shoppers.
• Cons:
  • Annual fee after the first year.
  • Cash back is redeemable as Reward Dollars.

The Business Platinum Card® from American Express

• Pros:
  • Robust travel benefits and lounge access.
  • Large welcome bonus and potential for high value in rewards.
  • Various business-related credits available.
• Cons:
  • High annual fee.
  • Best suited for frequent travelers and business owners.

Who Should Consider Which Card?

The Blue Cash Preferred® Card from American Express is ideal for families and individuals who want to maximize cash back on daily purchases, particularly at supermarkets and for streaming services. In contrast, The Business Platinum Card® from American Express is better suited for business owners and frequent travelers who can take full advantage of travel-related rewards and benefits.

Conclusion

Ultimately, choosing between the two cards comes down to your individual spending habits and financial objectives. Consider how you typically spend and what benefits you value most to make the best decision for your financial situation.

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”