Get $150 back after you spend $1,000 in purchases on the Blue Cash Preferred® Card from American Express in the first 3 months. Plus, 5% back on $4,000 in eligible travel purchases on the Card in the first 6 months, up to $200. This is a Brad's Deals Partner Offer. There's a $95 annual fee. You'll earn 6% back on all grocery store purchases, 3% back at gas stations, and 1% back on everything else. Cash back can be redeemed as a statement credit.