Credit Cards

[flowfaster]

I have the cash+ and grocery is not a 5% category. Best bet is like someone else said use the freedom card when grocery is a category.

[DeadSpider]

If Discover and Freedom have same month grocery I'm just going to buy max amount off giftcards.

Somebody need to redo the math on if it's worth to have TWO BCP per household ???

I wonder if everybody called Amex and B!tched they might change to old policy.

[CreviceTool]

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flowfaster wrote:
I have the cash+ and grocery is not a 5% category.

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Hmmm, ok, I must be mistaken.  I've not chosen it as a category since I also have BCP, but I thought I remember it being a choice.  I guess it was one of the 2% category choices then?

[FrugalRican]

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DeadSpider wrote:

I wonder if everybody called Amex and B!tched they might change to old policy.

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It's AMEX.

I doubt they'd care.

[flowfaster]

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CreviceTool wrote:

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flowfaster wrote:
I have the cash+ and grocery is not a 5% category.

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Hmmm, ok, I must be mistaken.  I've not chosen it as a category since I also have BCP, but I thought I remember it being a choice.  I guess it was one of the 2% category choices then?

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Correct, It is a 2% category.  Gas, grocery and drug are the 2% picks.

[crunching_numbers]

I am currently doing a refi on the house, so no new apps for anyone, but if they do this I guess DH will be apping for his own BCP, and we will double the amount for groceries.  I think this is crazy, because I will stop running groceries through the card as soon as I hit the cap, and use a card that gives me more back.  The do realize that going to 1% will cause a big group of us to use other cards entirely, don't they?

I have a family of 5, plus additional teenagers eating over frequently. My bill is WAY over $500 a month on groceries.

[FrugalRican]

They probably do realize that, but probably also realize that it's worth doing that and they'd lose far less in cashback than they are making in retail fees because of it.

[crunching_numbers]

Dropping to 1% is severe. They should at least only drop to 3% like the BCE. Seems more fair.  Are they also capping the BCE?

[FrugalRican]

If they are, I haven't gotten a notice yet.

I'm surprised they'd cap the one with the annual fee, though and not the free one.

Maybe more changes are a-comin'.

[DeadSpider]

If BCE has not cap than I'll app for BCE and use that after hitting my CAP on BCPAU.

At 1% my Cap1 gives better rewards or just about any card.

Anybody has a link or letter of OFFICIAL terms we can read from Amex ?