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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

[ Edited ]

Thanks, folks. I think I need me a new CSR! :smileywink:

 

 

eta: And I got one. Original post edited above. :smileyhappy:

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

I think it is better than 2X membership points for supermarkets and gas purchases for  Premier Rewards Gold. I want to cancel my PR Gold but I can't. I can't get refund for my annual membership fee.

 

 

Ron.

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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

 


Ron1 wrote:

I think it is better than 2X membership points for supermarkets and gas purchases for  Premier Rewards Gold. I want to cancel my PR Gold but I can't. I can't get refund for my annual membership fee.

 

 

Ron.


Unless you have some special circumstance they should prorate your AF and refund the unused portion so to speak.

 

What's In My Wallet:American Express Starwood Preferred Guest Business Card, American Express Costco True Earnings, Citi AA Visa, Chase Freedom
What's In My Sock Drawer: American Express Starwood Preferred Guest Card, Chase Sapphire Preferred, Citi AA AmEx, Chase United Mileage Plus Explorer Card, Barclays US Air, Discover More, Bank of America Accelerated Rewards AmEx, Citi Dividend Platinum Select, LEM FCU Visa, SME FCU Visa
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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

I don't think I will get prorate annual fee unless upgrading to the Platinum. I don't think I want to get one.

 

 

Ron.

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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

I just checked my Amex account access and it's still showing Blue from Amex after converting. Does it happen to anyone? Should I call them or wait until tomorrow?

 

 

Ron.

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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!


Ron1 wrote:

I think it is better than 2X membership points for supermarkets and gas purchases for  Premier Rewards Gold. I want to cancel my PR Gold but I can't. I can't get refund for my annual membership fee.

 

 

Ron.


That depends a little on how you value MR points.  If you typically redeem them for gift cards, then you are right, it is better to get the 3% with the Everyday card and way better to get the 6% with the Preferred card than it is to get 2x MR points.  But if you redeem your MR points for travel, it is a little bit more difficult to compare.  MR points are conservatively worth at least 2 cents per point.  At that value, you are better off with the PR Gold card than you are with the Everyday Cash card (although you'd need to account for difference in AF given your spend), but the Preferred Cash card would give you the best value. 

 

However, transfer bonuses can stretch your MR points, and if you redeem for last minute fares or premium international fares, you can get a higher value for your points.  It becomes difficult to compare here.  You might redeem ~70K MR points for transfer to BA to get 100K miles (with recent 40% transfer) and book a business or first class ticket that costs $6K or more.  You'd have to account for the fees you'd pay on the ticket and the miles you wouldn't earn by using an award ticket, but you're getting a pretty high dollar per point value on that redemption.  But if you'd never actually spend $6K on the ticket, it's not a true representation of the the value, you have to discount it somewhat against what you would have actually spent on the flight or give it some soft value based on how much you enjoy intercontinental business class service. 

 


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

Thanks for the info.  The Premier Rewards Gold is a charge card and it is not cash back card. It is different from Blue Cash (credit cards).  I know the Gold Card is good fro traveling and business. I like their customer service and it is much better than Visa/MC.

 

 

Ron.

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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

 


Ron1 wrote:

I just checked my Amex account access and it's still showing Blue from Amex after converting. Does it happen to anyone? Should I call them or wait until tomorrow?

 

Ron.


Hi, Ron --I managed to upgrade mine, and the CSR said that it typically takes 24-48 hours to convert on the website. Once it does, you can use your current Blue, but you will get the Preferred Blue Cash rewards. This will tide you over until the new card comes in the mail.  hth

 

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

By the way, I missed it first time through, but that 3% on department stores is pretty great, too.

 

So I've got another fee card, even though I generally won't touch them, but with my grocery shopping patterns, I'll still come out way ahead.

 

6% at groceries with this card, 5% gas with PenFed Visa, 5% on airfare with PenFed AmEx, 5% on hotels and restaurants through Augsut with PenFed AE, 3% on all restaurants with Costco, 3% in Costco with an Executive Membership (I think; I'm still confused), 3% in all department stores with Blue Cash Preferred, whatever's going on with BofA and Chase Freedom this quarter, and a 0% BT from Navy.

 

Put a fork in me; I'm done.

 

I * puffy heart * rewards cards!!! Take that, Dave Ramsey. :smileywink:

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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Re: Two New Blue Cash American Express Cards!!!!!!!!!!!

Do they have a list of these department stores?  Would Lowes count? 

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




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