topic Re: BCP gas question? in Credit Cards

BCP gas question?

fastalkintn — Sun, 16 Mar 2014 13:34:39 GMT

I was reading the info on my new Amex BCP and have a question about the fuel cash back. It clearly states 6% for grocery and 3% for gas but in the gas category it said does not apply for grocery stores that have gas. So if I buy gas at Kroger or Sam's club which category would this fall under?

Re: BCP gas question?

Anonymous — Sun, 16 Mar 2014 13:41:19 GMT

You need a gas station not tied to a store rewards program for the 3% I'm pretty sure.

Re: BCP gas question?

fastalkintn — Sun, 16 Mar 2014 14:08:17 GMT

So if I buy gas at a grocery store does that fall under the 6% grocery category? Or does it go to the 1% for everything else category?

Re: BCP gas question?

Anonymous — Sun, 16 Mar 2014 14:11:18 GMT

Edit: I just got the BCP in my hand yesterday myself but those are the rules as I read them. Someone else can maybe confirm. I was getting gas at Fred Meyer which is a division of Kroger but I'll have to stop and switch to the mobile station down the street to get the 3%.

Re: BCP gas question?

Anonymous — Sun, 16 Mar 2014 14:12:33 GMT

OP, I was in the same situation recently. I always filled up at Qwik Shop until I checked my statements it was 1%, not 3%.

Re: BCP gas question?

fastalkintn — Sun, 16 Mar 2014 14:13:13 GMT

Kind of what I figured but thought I would ask. Thanks for your help. I am still waiting to get my card in hand. Should be here Monday I hope.

Re: BCP gas question?

Anonymous — Sun, 16 Mar 2014 14:20:34 GMT

I'm surprised nobody has compiled a user confirmed retailer list for this card.

Edit: I've just assumed I can't grocery shop at Fred Meyer because they have a furniture and electronics section but I'd like to know for sure.

Re: BCP gas question?

Themanwhocan — Sun, 16 Mar 2014 19:24:56 GMT

@Anonymous wrote:
I'm surprised nobody has compiled a user confirmed retailer list for this card.

Edit: I've just assumed I can't grocery shop at Fred Meyer because they have a furniture and electronics section but I'd like to know for sure.

Its not feasable to come up with such a list. The same name store in different locations could be coded differently. Heck, the same store could be coded differently depending on where in the store you pay for your transaction.

You can try using this tool:

https://www.visa.com/supplierlocator/index.jsp

Re: BCP gas question?

Anonymous — Mon, 17 Mar 2014 12:08:16 GMT

I use Quicken and download my transactions. If Quicken automatically catagorizes a transactions as "grocery" does that indicate I'll get the 6% cashback rate?

Re: BCP gas question?

takeshi74 — Mon, 17 Mar 2014 12:10:21 GMT

@Anonymous wrote:
You need a gas station not tied to a store rewards program for the 3% I'm pretty sure.

Rewards program isn't relevant. Shell is tied to Kroger's reward program and is coded as a gas station. It's the merchant coding that matters and I have no idea how Kroger's gas stations are coded.

Re: BCP gas question?

Anonymous — Mon, 17 Mar 2014 12:23:29 GMT

I'm figuring Quicken must know the coding system and if it auto catagorizes as "grocery" or "gas" that probably tells you that the transaction qualifies for the relevant cash back rate. Curious if anybody has experience to the contrary.

Re: BCP gas question?

fastalkintn — Mon, 17 Mar 2014 12:35:24 GMT

My checking account list it as Kroger fuel. Not sure if that is relevant or not. I buy most of my fuel there because of the shopping reward points (.03 off per gallon up to .10 off).

Re: BCP gas question?

lg8302ch — Mon, 17 Mar 2014 12:37:09 GMT

Has anybody considered buying gas gift cards at grocery stores to get 6%?

Re: BCP gas question?

Anonymous — Mon, 17 Mar 2014 12:58:29 GMT

@lg8302ch wrote:
Has anybody considered buying gas gift cards at grocery stores to get 6%?

No I haven't. I should definitely look into that.

Re: BCP gas question?

Themanwhocan — Mon, 17 Mar 2014 14:19:02 GMT

@Anonymous wrote:
@lg8302ch wrote:
Has anybody considered buying gas gift cards at grocery stores to get 6%?
No I haven't. I should definitely look into that.

The best Grocery Store cash back you can hope to earn is 4.75% due to the BCP $75 annual fee. Therefore, getting a no fee 5% Gas Station card such as the Sallie Mae Mastercard would not only result in more cash back, but would eliminate the hassles of buying and keeping track of Gift Cards.

Re: BCP gas question?

OnTheRebound — Mon, 17 Mar 2014 17:07:51 GMT

@lg8302ch wrote:
Has anybody considered buying gas gift cards at grocery stores to get 6%?

Yes, I tried. Where we shop, I was told I could purchase gift cards with cash or debit only. No credit.

Re: BCP gas question?

-NewGuy- — Mon, 17 Mar 2014 17:33:19 GMT

Just out of curiosity, what does AME classify the transaction as? If you log on to your account and click on the transaction, it should tell you the classification.