It was too good to last (for a long time)... This is what I found in the latest Billing Statement:
Blue Cash Preferred Reward Program
We are changing the amount of Reward Dollars earned on supermarket purchases. For the first $6,000 in U.S. stand-alone supermarket purchases during each calendar year, you will continue to earn 6%. For those purchases above $6,000 in that calendar year, you will earn only 1%. This means you will earn fewer Reward Dollars for supermarket purchases in excess of $6,000 in each calendar year. This change becomes effective when your account renews on or after January 15, 2013.
Still a good card, but the trend worries me.
I think a lot of folks were abusing the system by buying gift cards at the grocery store. 6k is not a bad amount for groceries... My family is small, but we spend maybe $500 every two months. 6k limit would be more than adequate for us. Our grocery store doesn't take Amex though 
Also, a lot of groceries are purchased at Sams, who also does not take Amex. So the card we use is Discover for groceries.
I realize that grocery prices are different accross the country, so a lot of folks have different amounts of money spent for the same amount of food.
Also my family is odd because we don't buy much meat. My husband and daughter hunt and fish, so our diet is largely supplemented by wild game, (pork, deer, squirrel, rabbit, fowl, trout, catfish, shrimp, crawfish)
The only type of meat we buy is beef, we eat beef that we have cooked probably once every two weeks. and chicken... We eat chicken probably 2 times per week.
Starting Score: 08/29/2011 TU 671 EQ 674Current Score (myFico + Amex): April 2013 TU 754 EQ 694 EX 694
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Silver Spade Garden Club Member: App Free since 1/1/13. No more apps til 2014
MyFICO Fitness Goal: 800s Club!
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webhopper wrote:I think a lot of folks were abusing the system by buying gift cards at the grocery store. 6k is not a bad amount for groceries... My family is small, but we spend maybe $500 every two months. 6k limit would be more than adequate for us. Our grocery store doesn't take Amex though
I realize that grocery prices are different accross the country, so a lot of folks have different amounts of money spent for the same amount of food.
Also my family is odd because we don't buy much meat. My husband and daughter hunt and fish, so our diet is largely supplemented by wild game, (pork, deer, squirrel, rabbit, fowl, trout, catfish, shrimp, crawfish)
The only type of meat we buy is beef, we eat beef that we have cooked probably once every two weeks. and chicken... We eat chicken probably 2 times per week.
+1. People on some of the frequent flyer blogs had schemes for purchasing 10s of thousands of dollars in gift cards and vanilla products. Since Amex is both an issuer and a network, this pattern could be confirmed across multiple accounts. That was not the intent of the card, so Amex took action to limit this loophole. Anyone who has been following the news over the last year can expect rewards cards to all move in this direction and Amex even more so, given today's earnings report and wall street's reaction.
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