Best Credit Cards for Good Credit Scores in February 2023 – CNET

Best Credit Cards for Good Credit Scores in February 2023 - CNET

Grocery and gas card for good credit

8/10 CNET Rating

See Rates and Fees Terms Apply

Card Highlights
Intro OfferEarn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
APR18.24%-29.24% Variable
Intro Purchase APR0% on purchases for 12 months
Recommended Credit Excellent, Good
Reward 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
Annual Fee$0 intro annual fee for the first year, then $95.

Additional Details
Intro Balance Transfer APR0% on balance transfers for 12 months
Balance Transfer APR18.24%-29.24% Variable
Balance Transfer Fee Either $5 or 3% of the amount of each transfer, whichever is greater.
Late Payment Fee Up to $40
Foreign Transaction Fees 2.7% of each transaction after conversion to US dollars.
Penalty APR 29.99% Variable

Rewards & Redemption Details
  • 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

Our Take

The Blue Cash Preferred® Card from American Express is a top choice if you have a credit score over 670 and want to earn maximum rewards on groceries and rewards on gas. Though there is a $95 annual fee ($0 intro annual fee for the first year), if you have a hefty grocery or gas bill it may be negligible, as these are some of the best cash-back rates you can earn on U.S. supermarket and U.S. gas station purchases. According to the Bureau of Labor Statistics, most American households’ grocery expenditure sits under the card’s $6,000 annual spending threshold for the U.S. supermarket rewards. You will only exceed this spending threshold if you average over $115 in groceries per week in a year. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.

See our full review of the Blue Cash Preferred Card for more details.

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

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