topic Re: Product change from Amex BCE to BCP- any experience? in Credit Cards

Product change from Amex BCE to BCP- any experience?

JKSIMMONS — Mon, 31 Mar 2014 21:36:43 GMT

title says it all. Has anyone completed a product change from the BCE to the BCP?

If so, did your cash back transfer over?

Did your rate stay the same?

Re: Product change from Amex BCE to BCP- any experience?

Jayb5635 — Mon, 31 Mar 2014 21:43:48 GMT

From what I've gathered here, everything stays the same. You keep your cash back, apr, credit line, account number. Also you are only allowed to go from the BCE to the BCP once the account has been open 13 months, I believe

Re: Product change from Amex BCE to BCP- any experience?

Anonymous — Mon, 31 Mar 2014 21:46:58 GMT

I did it the other way, the cashback transfers fine. There was one issue with mine, I had done some supermarket purchases before the conversion, and was assurred it would be credited at the higher (6%) rate. Because of the delay in rewards, when my March statement cut (the first as a BCE) it showed that spend at 3%. Took a few calls to get that sorted out (and not convinced I got it all).

But going in your direction should be fine, and if they make the same mistake it will be to your advantage.

Re: Product change from Amex BCE to BCP- any experience?

JKSIMMONS — Mon, 31 Mar 2014 21:50:44 GMT

Long time lurker, I see you have the Fidelity AMEX. Which card would you say is your every day user? I have a fedelity account as well but when I think about it, I earn higher with the BCE (soon to be BCP). If I wanted to divert soime of that to my fidelity account each year I could just use the statement credit to pay for something I buy and send the cash I would have spent to the fidelity account. Having both cards, what are your thoughts?

@Anonymous wrote:
I did it the other way, the cashback transfers fine. There was one issue with mine, I had done some supermarket purchases before the conversion, and was assurred it would be credited at the higher (6%) rate. Because of the delay in rewards, when my March statement cut (the first as a BCE) it showed that spend at 3%. Took a few calls to get that sorted out (and not convinced I got it all).

But going in your direction should be fine, and if they make the same mistake it will be to your advantage.

Re: Product change from Amex BCE to BCP- any experience?

Anonymous — Mon, 31 Mar 2014 22:02:05 GMT

@hwturner17 wrote:
Long time lurker, I see you have the Fidelity AMEX. Which card would you say is your every day user? I have a fedelity account as well but when I think about it, I earn higher with the BCE (soon to be BCP). If I wanted to divert soime of that to my fidelity account each year I could just use the statement credit to pay for something I buy and send the cash I would have spent to the fidelity account. Having both cards, what are your thoughts?

Yes, if you want to keep funding the Fidelity account, doing what you suggest is of course fine. It's extra work compared to the easy automated redemption, but if you get higher rates from BCE/BCP that's a good tradeoff. I assume though that's only on supermarkets right, as that is the only category above 2%.

I use Fidelity for my non-category spending, don't use my BCE at all.

Re: Product change from Amex BCE to BCP- any experience?

JKSIMMONS — Mon, 31 Mar 2014 22:14:53 GMT

@Anonymous wrote:
@hwturner17 wrote:
Long time lurker, I see you have the Fidelity AMEX. Which card would you say is your every day user? I have a fedelity account as well but when I think about it, I earn higher with the BCE (soon to be BCP). If I wanted to divert soime of that to my fidelity account each year I could just use the statement credit to pay for something I buy and send the cash I would have spent to the fidelity account. Having both cards, what are your thoughts?
Yes, if you want to keep funding the Fidelity account, doing what you suggest is of course fine. It's extra work compared to the easy automated redemption, but if you get higher rates from BCE/BCP that's a good tradeoff. I assume though that's only on supermarkets right, as that is the only category above 2%.

I use Fidelity for my non-category spending, don't use my BCE at all.

That's true. I guess I was thinking about the BCP when I product change. The fidelity card is really tempting though. I really don't like juggling cards for different catagories due to my own bad spending habits. I'm trying to get the best all around rewards card for me and my wife as a daily user. For me, the 1% on everything else is a trade off I will probably make.

Re: Product change from Amex BCE to BCP- any experience?

Involver — Mon, 31 Mar 2014 22:28:32 GMT

According to a CSR I spoke to last week you can put in a request to PC from BCE to BCP after the account has been open a minimum of 12 months as it is considered an account upgrade and the PC is limited by federal guidelines.