Shopping enthusiasts might find the Blue Cash Preferred card more beneficial compared to Citi Double Cash, due to its higher cashback categories.

The Blue Cash Preferred® Card from American Express and the Citi Double Cash® Card are two popular credit cards offering high cash-back rates, but they cater to different spending habits due to their distinct reward structures.

The Blue Cash Preferred® Card stands out with its high rewards rates, particularly in specific categories. It offers 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases, 6% rewards rate on U.S. streaming services, 3% cash back on U.S. gas stations and transit, and 1% cash back on all other purchases. This makes it a better pick for most people, especially families spending around $700 a month at the supermarket, as it can offer significant cash back even after the annual fee.

On the other hand, the Citi Double Cash® Card has a simpler reward structure. It earns a flat 2% everyday rewards rate on all purchases, with an additional 1% when they are paid off. This makes it a straightforward choice for those who prefer not to keep track of spending in specific categories.

One key difference between the two cards is the annual fee. The Blue Cash Preferred® Card from American Express has an annual fee, while the Citi Double Cash® Card does not. However, the Blue Cash Preferred® Card offers a $250 statement credit as a welcome offer after spending $3,000 in purchases within the first 6 months, which can help offset the annual fee for many users. The Citi Double Cash® Card, on the other hand, offers a welcome offer of $200 cash back after spending $1,500 on purchases in the first 6 months of account opening.

Carrying both cards and using them strategically can provide high rewards rates in various categories. For instance, you could use the Blue Cash Preferred® Card for groceries, streaming services, and transit, and the Citi Double Cash® Card for all other purchases. This approach can maximise your cash back earnings while keeping the complexity of tracking rewards to a minimum.

In conclusion, both the Blue Cash Preferred® Card from American Express and the Citi Double Cash® Card are excellent choices for cash-back rewards. The Blue Cash Preferred® Card offers higher rewards rates in specific categories, making it a better pick for those with specific spending habits. The Citi Double Cash® Card, on the other hand, offers a simpler reward structure with a flat rate on all purchases. Ultimately, the best card for you will depend on your spending habits and preferences.