Check out the Blue Cash Preferred HERE: https://magnified.reviews/BlueCashPr...

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Amex Gold Review:    • American Express Gold Review | TWO YE...  
Amex Blue Cash Preferred:    • American Express Blue Cash PREFERRED ...  

▽MY FINANCIAL TOOLS▽

SoFi Complete Money Management
➤ Checking & Savings https://magnified.reviews/SoFi
➤ Credit Card https://magnified.reviews/SoFiCreditCard
➤ Invest https://magnified.reviews/SoFiInvest
➤ Budgeting https://magnified.reviews/SoFiRelay



Chime Fully Online Banking
➤ SignUp for Chime HERE: https://magnified.reviews/Chime
➤ Chime Credit Builder HERE: https://magnified.reviews/CreditBuilder



Favorite Credit Cards
➤ Chase Sapphire https://magnified.reviews/SapphirePr...
➤ Capital One Venture X https://magnified.reviews/VentureX
➤ Chase Ink Business https://magnified.reviews/InkBusiness
➤ Amex Green https://magnified.reviews/AmexGreen
➤ Amex Platinum https://magnified.reviews/Platinum
➤ Amex Business Gold https://magnified.reviews/BusinessGold



Wealthfront Automated Investing
➤ First $5,000 Managed for FREE https://magnified.reviews/Wealthfront



Current Card
➤ Current | Modern Banking App https://magnified.reviews/CurrentCard



MY CAMERA GEAR
➤ My Camera: https://magnified.reviews/Camera
➤ My Microphone: https://magnified.reviews/Microphone
➤ My Lights: https://magnified.reviews/Lights

Alright first of all let's talk about perhaps the most important comparison and that is the cost. The gold card comes in at $250 per year putting it on the upper end of intermediate credit cards while the blue cash preferred card comes in at $95 per year with your first year's annual fee being waived. So just keep that in the back of your head as we work our way through these comparisons and examples.

WWith the gold card you're looking at four points per dollar or in our example the equivalent of 4% cash back at all restaurants worldwide including takeout in delivery services. You also earn the same four points per dollar on grocery store purchases at US supermarkets on up to $25,000 in purchases each year. The blue cash preferred card doesn't have any bonus category for dining specifically so you're looking at just 1% cash back but on groceries you'll earn 6% cash back on up to $6000 in purchases each year at US supermarkets.

The blue cash preferred card also gives you 6% back on select US streaming services while the gold card has no equivalent for that so you'd again be looking at just one point per dollar in that category for the gold card. The blue cash preferred also gives you 3% cash back on transit which includes taxis, ridesharing, parking, tolls, trains, buses, and more.

In terms of additional benefits both cards are fairly simple with the gold card offering a $120 dining credits at select locations including Grubhub, cheesecake factory, Shake Shack, and several others. You also get a $120 Uber cash credits with the gold card which can be used towards Uber eats or ridesharing and both of these credits are given to you as a $10 monthly credit so you, unfortunately, can't go out and spend that whole credit at once. The blue cash preferred on the other hand is going to give you an $84 Disney bundle credit which includes Hulu, Disney plus, and ESPN plus as well as a $120 equinox credit.

So if you're a novice traveler who's looking to take your credit card game to the next level and has at least a highlevel understanding of how credit card points work then the gold card shouldn't be too difficult to justify especially if you're able to effectively use those annual credits. And if you want the ultimate one two punch that covers all major categories then you can go with the approach that I am personally using which is the combination of the blue cash preferred and American Express gold card.

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