Reply
Established Contributor
Posts: 932
Registered: ‎06-12-2012
0

Re: Approved For Amex BCP

Other than the 6% cash back at grocery/department stores I don't understand the fanfare behind this card. I mean 1% on everything is industry standard and 3% cash back on gas you can get with no AF on a 1-2-3 Rewards card versus paying $75. I guess if you buy lots of groceries to make up for the 4% difference in cash back vs the 1-2-3 rewards this would be better. But congrats anyways I'm sure you've earned it.

JP Morgan Select $10k | Citi TY Premier $15k | PenFed PlatRewards $22k | BofA AMEX $15k | Chase Freedom $20k | Discover IT $10k | Barclay Arrival+ 25k | AMEX SPG $10k | NASA Platinum-Advantage $10k | CapOne Quicksilver $5k | Amazon Card $10k | NASA PLOC $30k @ 8.25% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Senior Contributor
Posts: 4,694
Registered: ‎02-23-2011
0

Re: Approved For Amex BCP


Jlu wrote:

Other than the 6% cash back at grocery/department stores I don't understand the fanfare behind this card. I mean 1% on everything is industry standard and 3% cash back on gas you can get with no AF on a 1-2-3 Rewards card versus paying $75. 


This is a great card for some families will spend about $1,000 per month on groceries, which will more than justify the fee.  It isn't for everyone, but it sure is great for those who spend tons at supermarkets.

 

Also, by combining gift cards (say, amazon) during supermarket trips, one can receive 6% cash back on Amazon (or assorted) purchases.  Incredible value, if you ask me.

Established Contributor
Posts: 932
Registered: ‎06-12-2012
0

Re: Approved For Amex BCP

I suppose you are right coming from me, a 25 year old with a man cave, lol.
JP Morgan Select $10k | Citi TY Premier $15k | PenFed PlatRewards $22k | BofA AMEX $15k | Chase Freedom $20k | Discover IT $10k | Barclay Arrival+ 25k | AMEX SPG $10k | NASA Platinum-Advantage $10k | CapOne Quicksilver $5k | Amazon Card $10k | NASA PLOC $30k @ 8.25% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Valued Contributor
Posts: 2,217
Registered: ‎09-16-2011
0

Re: Approved For Amex BCP


Jlu wrote:
I suppose you are right coming from me, a 25 year old with a man cave, lol.

just imagine,  6% off all booze bought at the super market, 3% off gas for the corvette or beemer,  backdating goodness and just think after 61 days you can get a 3x CLI so you will be able to buy all the booze for a weekend without paying down the card on friday and hoping your payment clears by saturday night for the next booze run.  :smileyvery-happy:  LOL

Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 12k Sally Mae5k Sams Club MC 10k, Paypal Extras MC 6k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5k, Walmart 10k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 8.5k and a nice stack of store cards.
Last APP/HP 4/22/2015
Established Contributor
Posts: 932
Registered: ‎06-12-2012
0

Re: Approved For Amex BCP

^Oh thanks for putting it in a context that relates to my stereotypical demographic. :smileytongue:

JP Morgan Select $10k | Citi TY Premier $15k | PenFed PlatRewards $22k | BofA AMEX $15k | Chase Freedom $20k | Discover IT $10k | Barclay Arrival+ 25k | AMEX SPG $10k | NASA Platinum-Advantage $10k | CapOne Quicksilver $5k | Amazon Card $10k | NASA PLOC $30k @ 8.25% | Joined myFICO 6/12 with a 540 FICO & today I'm over 750!
Frequent Contributor
Posts: 350
Registered: ‎07-13-2012
0

Re: Approved For Amex BCP


jamesdwi wrote:

Jlu wrote:
I suppose you are right coming from me, a 25 year old with a man cave, lol.

just imagine,  6% off all booze bought at the super market, 3% off gas for the corvette or beemer,  backdating goodness and just think after 61 days you can get a 3x CLI so you will be able to buy all the booze for a weekend without paying down the card on friday and hoping your payment clears by saturday night for the next booze run.  :smileyvery-happy:  LOL


If your grocery store sells liquor rather than just beer thats a super plus! Here in NC they got ABC stores which is the only place to buy some hard liqour.. Man i miss california.

Lender pulled 10-10-13
EQ Fico 715 | EX Fico 714 | TU Fico 703
Established Contributor
Posts: 513
Registered: ‎01-27-2011
0

Re: Approved For Amex BCP


Jlu wrote:

Other than the 6% cash back at grocery/department stores I don't understand the fanfare behind this card. I mean 1% on everything is industry standard and 3% cash back on gas you can get with no AF on a 1-2-3 Rewards card versus paying $75. I guess if you buy lots of groceries to make up for the 4% difference in cash back vs the 1-2-3 rewards this would be better. But congrats anyways I'm sure you've earned it.


I did the math and it works for me.  The AF will be covered by groceries alone and thats after my welcome bonus of $150 pays for the AF for the first two years, and still giving me 3% on gas and dept stores.  Not to mention the other ridiculous upsides of Amex cli's and backdating to name a few...oh, and I hate boa, they can keep their card.  Worst case,after the two years I PC to BCE.  Win win I'd say.

EX-774 (Amex Fico) 8/12
EQ-725 (Fico) 1/12
TU-729 (Fico) 3/12
Regular Contributor
Posts: 206
Registered: ‎07-07-2008
0

Re: Approved For Amex BCP


FicoTron wrote:

Jlu wrote:

Other than the 6% cash back at grocery/department stores I don't understand the fanfare behind this card. I mean 1% on everything is industry standard and 3% cash back on gas you can get with no AF on a 1-2-3 Rewards card versus paying $75. I guess if you buy lots of groceries to make up for the 4% difference in cash back vs the 1-2-3 rewards this would be better. But congrats anyways I'm sure you've earned it.


I did the math and it works for me.  The AF will be covered by groceries alone and thats after my welcome bonus of $150 pays for the AF for the first two years, and still giving me 3% on gas and dept stores.  Not to mention the other ridiculous upsides of Amex cli's and backdating to name a few...oh, and I hate boa, they can keep their card.  Worst case,after the two years I PC to BCE.  Win win I'd say.


 

Folks tend to forget that the 6% at supermarkets is an invaluable and unmatched cash back. Just buy gift cards/gas cards/whatever cards for your store of choice.from the supermarkets and you effectively extend 6% cash back on most shopping. We spend $5k/yr average on groceries alone (not counting gift cards) and that is $300 back just on groceries. So its $300-$75 = $225 (BCP) vs $150 - $0 = $150 (BCE) just in groceries.

 

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.