Blue Cash Preferred® Card from American Express vs IHG One Rewards Traveler Credit Card

This comparison aims to assist you in deciding between the Blue Cash Preferred® Card from American Express and the IHG One Rewards Traveler Credit Card. Both cards offer unique rewards and benefits suited for different spending habits and preferences. Below, we’ll explore each card’s features, rewards highlights, and other critical aspects.

Card Overviews

Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card from American Express is designed for individuals who spend significantly on groceries and streaming services. With a robust cash back program, it provides substantial rewards for everyday purchases, making it ideal for families and frequent shoppers.

IHG One Rewards Traveler Credit Card

The IHG One Rewards Traveler Credit Card is tailored for travelers who prefer staying at IHG Hotels & Resorts. With no annual fee and a generous points system, this card is perfect for those who frequently travel and want to earn rewards for their hotel stays and other purchases.

Detailed Feature Comparison

Rewards Highlights

Blue Cash Preferred® Card from American Express

• 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.

IHG One Rewards Traveler Credit Card

• Earn up to 17 total points per $1 spent when you stay at IHG Hotels & Resorts.
• Earn 3 points per $1 spent on purchases on monthly bills, at gas stations, and restaurants.
• Earn 2 points per $1 spent on all other purchases.

Pros and Cons

Blue Cash Preferred® Card from American Express

• Pros:
• High cash back rate on groceries and streaming.
• Generous welcome bonus.
• Flexible cash back redemption options.
• Introductory fee waiver.

• Cons:
• Annual fee after the first year.
• Foreign transaction fees.

IHG One Rewards Traveler Credit Card

• Pros:
• No annual fee.
• Strong rewards for hotel stays.
• No foreign transaction fees.
• Bonus points for hotel spending.

• Cons:
• Limited to IHG hotels for maximum rewards.
• Lower cash back on everyday purchases compared to Blue Cash Preferred®.

Who Should Consider Which Card?

• The Blue Cash Preferred® Card from American Express is ideal for consumers who spend heavily on groceries and streaming services, making it beneficial for families or those with high everyday spending.
• The IHG One Rewards Traveler Credit Card is best suited for frequent travelers who prefer IHG properties and want to maximize their hotel rewards without incurring an annual fee.

Conclusion

Both the Blue Cash Preferred® Card from American Express and the IHG One Rewards Traveler Credit Card offer distinct advantages depending on your spending habits and lifestyle. Consider your individual needs and how each card aligns with your financial goals to make an informed choice.

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”