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The phrase "a preferential" is correct and usable in written English.
It can be used when referring to something that is favored or given priority over others.
Example: "The company offers a preferential rate for long-term clients."
Alternatives: "a favored" or "a priority".
Exact(60)
HSBC Advance customers, meanwhile, get a "preferential rate" of 0.1%.
Why should this investment be given a preferential tax treatment?
"He always, always has a preferential option for the poor".
An earlier version reported that Natalie Bennett said Britain needed to introduce a preferential voting system.
They offer a preferential rate of interest, which varies from bank to bank.
For the best picture category, the Academy, unlike Bafta and others, uses a preferential ballot system.
"She is being treated in a preferential way to other witnesses".
He received a preferential rent of $635 "because it was so bad around here back then".
(d) PDF of the peak separations, showing a preferential spacing of ≈0.02 nm.
At the same time, however, the EC developed a preferential system that hobbled foreign agricultural suppliers.
After King's funeral, McCarthy, unopposed, won a preferential primary but no delegates in Pennsylvania.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com