According to the Reddit post quoted below,
credit card veterans listed their preferred list off their preferred credit cards and what they used them for. One prime example is the American Express Blue Cash Preferred card, also abbreviated as BCP. This card is one of the most praised and mentioned credit cards across various Reddit credit card subthreads.
Here is a breakdown from one Reddit user:
“Grocery: Blue Cash everyday because of $10 cash back on $200 spend for next two months and 3% back. For Me: Gas: BCP, Groceries: BCP, Dining: Amex Gold, Flights: Amex Gold, Streaming: BCP, Everything else: If Apple Pay is Available, Apple Card, If not, Quicksilver. Have only really just started to travel again so may add a Hotel branded card into the mix.”
With the American Express Blue Cash Preferred credit card, you’ll earn 6% cashback at U.S. grocery stores up to $6,000 per year, 6% on streaming services, and 3% back on U.S. gas stations and transit. The card also offers 0% APR for the first 12 months.
The card does come with a high annual fee at $95 per year, which is higher than others in the market and requires a good credit score. However, the combination of high rewards rates, a strong introductory APR period, and cash rewards, makes this a fantastic credit card.