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Thinking about applying for an Amex revolver. Need some advice

Valued Contributor

Re: Thinking about applying for an Amex revolver. Need some advice

Hopefully this is obvious, but once you get the card, there is no need to use it for "everything"   BCE is good for groceries (3%), gas and a set of department stores (2%).

Everything else is 1%.   So, when you can use Freedom for a 5% category, use that instead!  And, if you value URs at more than 1c (as many do), then use the Freedom for all 1% spending as well.

Message 11 of 13
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Regular Contributor

Re: Thinking about applying for an Amex revolver. Need some advice


bs6054 wrote:

Hopefully this is obvious, but once you get the card, there is no need to use it for "everything"   BCE is good for groceries (3%), gas and a set of department stores (2%).

Everything else is 1%.   So, when you can use Freedom for a 5% category, use that instead!  And, if you value URs at more than 1c (as many do), then use the Freedom for all 1% spending as well.


That's a good point, Chase Freedom is at 5% for gas stations, starbucks and drugstores. I don't go to Starbucks and rarely visit a drug store so I'll be using my Freedom exclusively for gas for the next few months. I know this should have been obvious, but I really didn't think of it this way. Thanks for the heads up!

EQ - 701 FICO - ScoreWatch (8/2016) | TU - 754 FICO - Fico 8 (8/2016) | EX - 710 Fico - Fico 8 (8/2016)
Amazon Store Card - $10,000 | Amex BCE - $2k | Barclaycard Ring - $2.5k | Capital One Platinum - $7,500 | Capital One Venture - $10,000 | Capital One VentureOne - $7500 | Chase Freedom - $3.5k | Citi Diamond Preferred - $1500 | Discover It - $4200 | Ebates Visa - $25,000 | Macy's - $1700 | Lowes - $12,000 | Walmart MasterCard - $15,000
Message 12 of 13
Senior Contributor

Re: Thinking about applying for an Amex revolver. Need some advice

But when Q1 is up.... BCE will still do 2% on gas!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 13 of 13