Blue Cash CardsWhile this information was accurate at the time this post was published, these cards’ offers and perks may have expired or changed over time. Visit our reviews of the best credit cards to find the right card for your needs.

Credit cards with similar names can be confusing. While they earn different rewards, they also often offer similar perks and benefits. That’s the case with two of our top-rated cash back credit cards that have the reputation of being serious moneymakers, the Blue Cash Everyday Card from American Express (a NextAdvisor advertiser) and the Blue Cash Preferred Card from American Express. To help you determine which one of these cash back credit cards is right for you, we’re breaking down everything you need to know about both cards. Keep reading to find the perfect option for you.

Blue Cash Everyday Card from American Express

Blue Cash Everyday® Card from American ExpressThe Blue Cash Everyday Card from American Express is the perfect combination of strong cash back rewards, a long 0% intro APR period and no annual fee. First, cardholders will earn a $150 statement credit after spending $1,000 on purchases in the first 3 months and earn some solid ongoing rewards, including 3% cash back at U.S. supermarkets (up to $6,000/year in purchases, then it’s 1%), an uncapped 2% cash back at U.S. gas stations and select U.S. department stores (e.g., Macy’s, Nordstrom, JC Penney and more) as well as 1% cash back on other purchases. When it’s time to redeem your earned cash back, cardholders can choose to redeem for statement credit, gift cards, merchandise and travel via American Express Travel. If you’re planning to make a large purchase or transfer a balance from your high-interest credit card, the Blue Cash Everyday Card from American Express has you covered. That’s because cardholders get a 15-month 0% intro APR on purchases and balance transfers. You’ll pay a 3% balance transfer fee ($5 minimum), but this one-time fee is likely a lot lower than the ongoing interest you’re paying on your current card. Rounding out the Blue Cash Everyday Card from American Express are no annual fee and a number of travel benefits (e.g., car rental loss and damage insurance, travel accident insurance and access to a global assist hotline) as well as shopping benefits and protections (e.g., purchase protection, extended warranty and return protection).

Blue Cash Preferred Card from American Express

Blue Cash Preferred® Card from American ExpressThe other cash back moneymaker from American Express is the Blue Cash Preferred Card from American Express, which has the highest earning cash back rate of any card we review. Kicking things off is a $200 statement credit that you can earn after spending $1,000 on purchases in the first 3 months of card ownership. In terms of ongoing rewards, you’ll earn a whopping 6% cash back at U.S. supermarkets (up to $6,000/year in purchases, then it’s 1%), 3% cash back at U.S. gas stations and select U.S. department stores, along with 1% cash back on other purchases. Similar to the previously mentioned sister card, cash back earned with the Blue Cash Preferred Card from American Express can be used for statement credits, gift cards, merchandise and travel through American Express Travel. Cardholders will also get a 12-month 0% intro APR on purchases and balance transfers (with a balance transfer fee of 3% or $5, whichever is greater). The Blue Cash Preferred Card from American Express also comes with the same travel and shopping benefits noted above. The Blue Cash Preferred Card from American Express does have a $95 annual fee, but if you frequent the grocery store, the rewards will cover the annual fee and then some, as explained in the next section.

Which Blue Cash card is better for you?

As you can see, you really can’t go wrong with either card, as they are both well-rounded options. In fact, the only thing that may be turning you off from the Blue Cash Preferred Card from American Express is that $95 annual fee. Does the card’s higher earning potential actually make the annual fee worthwhile? In short, yes, but let’s dig into this a bit more. If you spend $500/month on groceries — a reasonable budget for most families — with the Blue Cash Preferred Card from American Express, you’ll earn $360 cash back on groceries for 1 year ($6,000/year spent on groceries x 6%). After you take out the $95 annual fee, your total cash back is $265 — that’s $95 more than the $180 you’d earn by spending the same $500/month on groceries with the no-fee Blue Cash Everyday Card from American Express ($6,000/year spent on groceries x 3%).

Bottom line, if you frequent the grocery store, gas station or select department stores, the Blue Cash Preferred Card from American Express is likely the better choice. On the flip side, if you can’t swallow the $95 annual fee or you’d prefer a card with a long 0% intro APR (15 months as opposed to 12 months), the Blue Cash Everyday Card from American Express is a better fit for you.

Want to see how these top-rated cash back cards compare to other options on the market? Our reviews of the best cash back credit cards to do exactly that.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.