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In today’s fast-paced world, finding ways to make some extra money is always a welcome opportunity. What if I told you that you could pocket an extra $100 every month, or more? Just by leveraging the rewards points from your American Express card? It might sound too good to be true, In this blog post, we’ll show you how to turn your everyday purchases into a steady stream of passive income.
1. Choosing the Right American Express Card:
Blue Cash Preferred® Card from American Express
Choose the American Express Blue Cash Preferred for Cashback Lovers. I make at least $100 cashback from everyday purchases.
Best for U.S. streaming rewards
If you’re spending hundreds (or thousands) on supermarkets, gas in the U.S., and more each month, the Blue Cash Preferred is the perfect card to maximize those purchases for pure cash. Plus, now you can enjoy the benefits of Buy Now, Pay Later with $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 12 months after account opening. Plans created after that will have a fixed monthly plan fee of up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
2. Maximize Everyday Spending:
At a glance
Rewards Rates
- 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
3. Take Advantage of Welcome Bonuses:
Intro Offer Earn $250
Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
4. Who is this card good for?
Anyone wanting to get paid for buying things they already do.
This card is good for any individual who’s looking for maximum returns on their everyday purchases. You’ll quickly find that it doesn’t take much to earn a ton of cashback with this card — even someone who spends $350 on groceries at U.S. supermarkets, $50 on select U.S. streaming service subscriptions, $100 on transit, and $100 at U.S. gas stations each month will earn annual cash-back rewards equivalent of $360. That’s more than three times the cost of the annual fee! You can see how the rewards stack up the more you spend in these categories, so just make sure that your spending habits are an ideal match for this card.
5. Redeem Wisely:
Earning Rewards
This credit card is perfect for users who value cash back over any other rewards. No other card offers up to 6% returns on everyday purchases such as at U.S. supermarkets and on select U.S. streaming subscriptions. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
Each friend can earn $250 back after they spend $3,000 in purchases on their new Blue Cash Preferred® Card in their first 6 months of Card Membership. They will receive $250 in the form of a statement credit. Your friend will be able to choose from all available American Express Personal and Business Card offers. No matter which card they choose, you could earn a referral bonus.
Introductory Balance Transfer APR
0% on balance transfers for 12 months
Ongoing Purchases APR
19.24% – 29.99% Variable
Introductory Purchases APR
0% on purchases for 12 months