topic Re: Sweet deal or, at least I think SO! in Credit Cards

Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 12:11:13 GMT

Logged on to my BCE account and a pop up appeared offering to upgrade it to a BCP with the $95 annual fee.

As well as a $150 statement credit if I spend $1000 in 3 months (will not have any problem doing, I will do that in two weeks!)

I love the 6% on groceries up to 6k. Will use that up easily in less than a year. The 3% on gas will work as well.

Nice deal I think.

Anyone else get this offer recently?

Re: Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 12:41:53 GMT

@Anonymous wrote:
Logged on to my BCE account and a pop up appeared offering to upgrade it to a BCP with the $95 annual fee.

As well as a $150 statement credit if I spend $1000 in 3 months (will not have any problem doing, I will do that in two weeks!)

I love the 6% on groceries up to 6k. Will use that up easily in less than a year. The 3% on gas will work as well.

Nice deal I think.

Anyone else get this offer recently?

Yeah others have received the same offer (seems to be generic offer that they have going on right now) and my advice would be the same. In your case though if you spend more than the $6K on groceries it appears to be worthwhile to upgrade.

Re: Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 12:56:16 GMT

Agree if you meet the spend anyway go ahead and upgrade. I recently upgraded...sadly I was never given an offer, but I already charge $1000+/mo. Maybe they knew they'd just be giving money away. They did however decide to wave the fee for the first year without me asking...extra $95 as I see it. That was nice of them.

Re: Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 13:19:31 GMT

I took a screen shot of the $150 statement credit offer once upgraded just in case they try any funny business down the line.

Re: Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 13:22:04 GMT

@Anonymous wrote:
@Anonymous wrote:
Logged on to my BCE account and a pop up appeared offering to upgrade it to a BCP with the $95 annual fee.

As well as a $150 statement credit if I spend $1000 in 3 months (will not have any problem doing, I will do that in two weeks!)

I love the 6% on groceries up to 6k. Will use that up easily in less than a year. The 3% on gas will work as well.

Nice deal I think.

Anyone else get this offer recently?
Yeah others have received the same offer (seems to be generic offer that they have going on right now) and my advice would be the same. In your case though if you spend more than the $6K on groceries it appears to be worthwhile to upgrade.

already did the upgrade. It's well worth it for me. The $150 statement credit after meeting the 1k spend is a no brainer for me.

Re: Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 15:09:51 GMT

If you don't mind me asking, how long did you have the card before they offered you this??

Re: Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 16:05:27 GMT

@Anonymous wrote:
If you don't mind me asking, how long did you have the card before they offered you this??

That's a great question.

12th statement cut.

Re: Sweet deal or, at least I think SO!

Anonymous — Sat, 03 Jun 2017 16:13:52 GMT

I'm not the OP, but I was offered the upgrade a year after opening my BCE. Since I had heard that they sometimes offer a bonus to upgrade, I waited. A couple weeks later, the offer showed up in my account and I took it. We spend A LOT on groceries, so it was a no-brainer for me.

Re: Sweet deal or, at least I think SO!

Anonymous — Mon, 05 Jun 2017 17:26:49 GMT

That's really cool! Nice that you were able to get a bonus too 😃

Re: Sweet deal or, at least I think SO!

austinguy907 — Mon, 05 Jun 2017 18:03:51 GMT

I did the same offer at the begining of the year simply because my car insurance for 12 months was due 1/7. Everything updated to Preferred online within 36-48 hours and I was able to charge my premium and collect the $150 right away. The $150 credit showed up pretty quick as well within a couple of days. They also prorate the AF if you're in the middle of the year it's only a portion of the $95. I opened mine in August and accepted in Jan and the fee showed up in Feb for ~$40-45 which was a nice surprise instead of the full $95.

Still debating on whether I'm downgrading when it comes due again or keep it.

Re: Sweet deal or, at least I think SO!

MrDisco99 — Mon, 05 Jun 2017 19:36:20 GMT

I guess if they offered me a $150 churning bonus, I might take it, but otherwise I'm not sure if I'd upgrade from my BCE. You have to spend over $3K per year on groceries to break even with the AF vs. the BCE. If I thought that would be easy, I would've applied for that instead.

I suppose I could take the offer and PC it back down at 11 months.

I kinda wish they still offered the old Blue Cash... 5% on gas, groceries, and drugstores once you get past $6500 spend, and no AF. I'd use the hell out of that card.

Re: Sweet deal or, at least I think SO!

Anonymous — Mon, 05 Jun 2017 19:57:14 GMT

@MrDisco99 wrote:
I guess if they offered me a $150 churning bonus, I might take it, but otherwise I'm not sure if I'd upgrade from my BCE. You have to spend over $3K per year on groceries to break even with the AF vs. the BCE. If I thought that would be easy, I would've applied for that instead.

I suppose I could take the offer and PC it back down at 11 months.

I kinda wish they still offered the old Blue Cash... 5% on gas, groceries, and drugstores once you get past $6500 spend, and no AF. I'd use the hell out of that card.

I can make the 6K spend on groceries, no problem. I will get my AF back just on gas spend. It's well worth it for me. Don't know why I didn't do it in the first place.

Re: Sweet deal or, at least I think SO!

MrDisco99 — Mon, 05 Jun 2017 20:04:42 GMT

@Anonymous wrote:
@MrDisco99 wrote:
I guess if they offered me a $150 churning bonus, I might take it, but otherwise I'm not sure if I'd upgrade from my BCE. You have to spend over $3K per year on groceries to break even with the AF vs. the BCE. If I thought that would be easy, I would've applied for that instead.

I suppose I could take the offer and PC it back down at 11 months.

I kinda wish they still offered the old Blue Cash... 5% on gas, groceries, and drugstores once you get past $6500 spend, and no AF. I'd use the hell out of that card.
I can make the 6K spend on groceries, no problem. I will get my AF back just on gas spend. It's well worth it for me. Don't know why I didn't do it in the first place.

You spend over $3K a year just on gas?

Re: Sweet deal or, at least I think SO!

Anonymous — Mon, 05 Jun 2017 23:18:09 GMT

@MrDisco99 wrote:
@Anonymous wrote:
@MrDisco99 wrote:
I guess if they offered me a $150 churning bonus, I might take it, but otherwise I'm not sure if I'd upgrade from my BCE. You have to spend over $3K per year on groceries to break even with the AF vs. the BCE. If I thought that would be easy, I would've applied for that instead.

I suppose I could take the offer and PC it back down at 11 months.

I kinda wish they still offered the old Blue Cash... 5% on gas, groceries, and drugstores once you get past $6500 spend, and no AF. I'd use the hell out of that card.
I can make the 6K spend on groceries, no problem. I will get my AF back just on gas spend. It's well worth it for me. Don't know why I didn't do it in the first place.
You spend over $3K a year just on gas?

Hell yeah, $100 per week.

Re: Sweet deal or, at least I think SO!

Anonymous — Tue, 06 Jun 2017 02:38:53 GMT

Good info regarding this offer. I will hit the 1 year mark in under 3 weeks on my BCE. If I got the $150 statement credit offer, it seems worth it as that obviously more than covers the first AF that would hit, so basically I could use the car for just under 2 years while netting a $55 bonus still and of course that doesn't count for twice the CB on groceries.

I originally didn't go for the BCP simply because I don't spend more than $50/wk at the grocery store usually, as I tend to use wholesale clubs quite a bit.

What about a future downgrade? Has anyone done this with Amex by going from BCE to BCP back to BCE? Those that may have, did you dump the BCP before the first AF hit, say at 11 months? Any issues in doing this?

Re: Sweet deal or, at least I think SO!

austinguy907 — Tue, 06 Jun 2017 02:50:46 GMT

BBS..... Remember Pooka.... you can change it up as often as you want to Normal-ish people might downgrade when the AF posts as you have a 30 day window to get a refund. Just take it and make notes of your rewards and see if it's worthwhile.

Disco 5% is best for wholesale through the end of the month then it's next up would be BOA at 2%.

Re: Sweet deal or, at least I think SO!

Anonymous — Wed, 07 Jun 2017 00:19:51 GMT

Cool, so in your opinion going from BCE to BCP and back to BCE would be fine and wouldn't result in AA or anything with Amex?

Re: Sweet deal or, at least I think SO!

Anonymous — Wed, 07 Jun 2017 13:26:52 GMT

It seems this offer is for people who've had their BCE card around a year. I've only had mine for 3 months but I'll have to keep an eye out for the offer. I spend a lot in groceries and gas so I'm kicking myself for not just applying for the BCP.

Re: Sweet deal or, at least I think SO!

Anonymous — Wed, 07 Jun 2017 14:47:03 GMT

Does anyone know how soon the AF hits when you upgrade? Also how fast is the bonus applied once you meet the spend requirement?

I would only upgrade the get the $150 offer and then downgrade. Is there an optimal time to do this? Would it be best to downgrade once I see the $150 bonus apply?

Re: Sweet deal or, at least I think SO!

Anonymous — Wed, 07 Jun 2017 16:01:26 GMT

We spend 10-15k/yr in groceries/household items as a household. The only thing holding me back from this card is my EX score is now 656 with 3 old med collections that had dropped off the others already. May encourage the wife to get the BCP and I can follow suit later. Debating if I should go ahead and get the BCE during my post closing app mini spree.