Is the Annual BCP cash limit based on 12 months from when CC was issued or is it based on a calendar basis (Jan-Dec).
I have only used up half of my $6,000 limit for Grocery stores, and am wondering if I should go pick up some gift cards before the new year 
Buying gift cards to reach spending thresholds or bonuses could turn out bad I wouldn't touch gift cards with certain lenders including amex
@dabearsv2 wrote:Is the Annual BCP cash limit based on 12 months from when CC was issued or is it based on a calendar basis (Jan-Dec).
I have only used up half of my $6,000 limit for Grocery stores, and am wondering if I should go pick up some gift cards before the new year
It will depend on where you shop to get the gift cards. Sometimes, Amex is able to get indepth data from particular transactions / stores. Knowing exacly what was bought.
@dabearsv2 wrote:Is the Annual BCP cash limit based on 12 months from when CC was issued or is it based on a calendar basis (Jan-Dec).
I have only used up half of my $6,000 limit for Grocery stores, and am wondering if I should go pick up some gift cards before the new year
From the T&Cs:
An annual reward year is 12 billing periods in a row beginning with the one that includes January 1st;
So stuff you get now is going to be on the statement that starts the next year unless your close date is today.
Thanks for the quick replies... guess I will just forget about that idea for this year. I'll have to make sure the DW spends more on groceries next year
I doubt your going to have a problem if you buy a GC with amex at the store. Of course if you go out and buy 3k worth in one shot in a bonus category that would be something I wouldn't do. If you want to go out and get a $500 card it would seem kinda silly for amex to crack the whip on that. I normally limit my amex gift card purchases to $500-1k a month. Of course, I'm not buying things in the bonus category. Others do much more but I'm not sure how many of them are doing so in the bonus category.
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