[Targeted] Upgrade To American Express Blue Cash Preferred, Get $150 Bonus + Waived Annual Fee

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Update 5/24/26: Check your AmEx Offers section for an upgrade offer to change the Blue Cash Everyday to Blue Cash Preferred and get $150 after spending $1,000 within 6 months, plus waived $95 annual fee for the first year. That one is highly targeted. There’s a more broadly available offer for $75 after spending $1,000 within 6 months and without the waived annual fee. (ht Celia)

Update 3/25/23: Some are seeing the better offer in-app (I’m not sure where to check to find it, perhaps in the Amex Offer section). Also interesting: some people are seeing upgrade offers for other cards at the same link, such as the Amex Everyday > Everyday Preferred. Open the below link, login and click on each card to see the available upgrade offers. (ht San_K) Some people are also reporting higher upgrade offers of $300.

The Offer

Direct Link to offer (YMMV, login to see if it works for you)

  • American Express Blue Cash Everyday cardholders can upgrade to the Blue Cash Preferred and get their $95 annual fee waived for the first year.
  • They’ll also get a $150 statement credit after spending $1,000 within the first 6 months.

Others are seeing just $75 statement credit. And some are not getting the annual fee waiver.

Our Verdict

The offer link works for me only partially – it’s showing the $75 bonus, but not the $95 fee waiver. Personally, I’d go for an offer for $150 or $75 with a waived annual fee.

Hat tip to reader 007 and Gorgonzola

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