topic Re: Amex bce sd or not to sd for a new amex in Credit Cards

Amex bce sd or not to sd for a new amex

Anonymous — Mon, 11 Aug 2014 19:14:19 GMT

I'm thinking maybe I should SD my amex bce and app for a new amex. My current spend is as follows:
Amex bce: Costco (where most of my groceries come from other than my garden ), catch all
Freedom: rotating category, catch all
Discover more: rotating category/six flags
PenFed: gas(small category for me, I drive ~7500mi/ year in a car that averages 35mpg)
Barclay arrival +: soon to be catch all card(whenever the postal service gets it to me)
Red card: big ticket target trips, otherwise sock drawer
Is it a good idea to app spg or possibly Hilton honors amex and shift my Costco spending that direction? Worth the hard pull....

Re: Amex bce sd or not to sd for a new amex

SunriseEarth — Mon, 11 Aug 2014 19:21:44 GMT

@Anonymous wrote:
I'm thinking maybe I should SD my amex bce and app for a new amex. My current spend is as follows:
Amex bce: Costco (where most of my groceries come from other than my garden ), catch all
Freedom: rotating category, catch all
Discover more: rotating category/six flags
PenFed: gas(small category for me, I drive ~7500mi/ year in a car that averages 35mpg)
Barclay arrival +: soon to be catch all card(whenever the postal service gets it to me)
Red card: big ticket target trips, otherwise sock drawer
Is it a good idea to app spg or possibly Hilton honors amex and shift my Costco spending that direction? Worth the hard pull....

Unless you mainly plan on using Costco for gas (and that'd really only be 3% versus the 2% on your BCE), I'm actually not sure where Costco would fit into your spending. It's the same rewards as you'd get inside Costco as on the BCE. Could be a decent dining card when Freedom doesn't have restaurants. How do you plan on using it?

Re: Amex bce sd or not to sd for a new amex

SunriseEarth — Mon, 11 Aug 2014 19:22:43 GMT

Oh...re-read. If this is a replacement for your BCE spending, then it might work out well. BCE would really only be better at department stores or if you grocery shop outside Costco.

Re: Amex bce sd or not to sd for a new amex

Anonymous — Mon, 11 Aug 2014 21:52:11 GMT

Yes to replace my BCE since my grocery spend outside Costco is negligible. Honestly less than 10% of my gas comes from Costco as I'm more of a massive stock up every six weeks costcoer than a trip 2-4x month as its not particularly close to me. I'm debating whether its worth the HP to switch it up/if I'm approaching a total credit limit to income(darn close to equal) at which I might end up FR or aa/cld if I open a new card.

Re: Amex bce sd or not to sd for a new amex

mongstradamus — Mon, 11 Aug 2014 23:01:22 GMT

@Anonymous wrote:
Yes to replace my BCE since my grocery spend outside Costco is negligible. Honestly less than 10% of my gas comes from Costco as I'm more of a massive stock up every six weeks costcoer than a trip 2-4x month as its not particularly close to me. I'm debating whether its worth the HP to switch it up/if I'm approaching a total credit limit to income(darn close to equal) at which I might end up FR or aa/cld if I open a new card.

If your credit report can handle it why not have both ? It could be very beneficial if you can back date your second card an few years. I am actually going to something similar. I am going to probably downgrade my BCP to BCE , and it will be on back up duty when i get SM. I will probably apply for ED sometime down the road, since it will pad my aaoa dramatically. Like it would incrase my aaoa 2x lol .

Re: Amex bce sd or not to sd for a new amex

SunriseEarth — Mon, 11 Aug 2014 23:03:01 GMT

@mongstradamus wrote:
@Anonymous wrote:
Yes to replace my BCE since my grocery spend outside Costco is negligible. Honestly less than 10% of my gas comes from Costco as I'm more of a massive stock up every six weeks costcoer than a trip 2-4x month as its not particularly close to me. I'm debating whether its worth the HP to switch it up/if I'm approaching a total credit limit to income(darn close to equal) at which I might end up FR or aa/cld if I open a new card.
If your credit report can handle it why not have both ? It could be very beneficial if you can back date your second card an few years. I am actually going to something similar. I am going to probably downgrade my BCP to BCE , and it will be on back up duty when i get SM. I will probably apply for ED sometime down the road, since it will pad my aaoa dramatically. Like it would incrase my aaoa 2x lol .

That's why I just got my Costco, to bolster my AAoA (MSD 1998) and keep the new auto loan from dropping it too much.

Re: Amex bce sd or not to sd for a new amex

mongstradamus — Mon, 11 Aug 2014 23:05:32 GMT

@SunriseEarth wrote:
@mongstradamus wrote:
@Anonymous wrote:
Yes to replace my BCE since my grocery spend outside Costco is negligible. Honestly less than 10% of my gas comes from Costco as I'm more of a massive stock up every six weeks costcoer than a trip 2-4x month as its not particularly close to me. I'm debating whether its worth the HP to switch it up/if I'm approaching a total credit limit to income(darn close to equal) at which I might end up FR or aa/cld if I open a new card.
If your credit report can handle it why not have both ? It could be very beneficial if you can back date your second card an few years. I am actually going to something similar. I am going to probably downgrade my BCP to BCE , and it will be on back up duty when i get SM. I will probably apply for ED sometime down the road, since it will pad my aaoa dramatically. Like it would incrase my aaoa 2x lol .
That's why I just got my Costco, to bolster my AAoA (MSD 1998) and keep the new auto loan from dropping it too much.

i am waiting for amex to throw me an PRG offer so i can probably get EDP with that card. One pull and it will do really nice things to my AAOA lol. My MSD is 1995, so it would help an lot. I may hold off on applying for anything new till i can get 50k offer for prg. I am trying to be patient.

Re: Amex bce sd or not to sd for a new amex

Anonymous — Wed, 13 Aug 2014 15:47:40 GMT

I went for it on Monday and got an instant approval but never a confirmation email nor is it showing up in my amex online account. Probably need to give amex a call. I decided to go hhonors surpass as I have an upcoming stay at an embassy suites plus my parents have a thing for Hampton Inns when I travel with them.

Re: Amex bce sd or not to sd for a new amex

Closingracer99 — Wed, 13 Aug 2014 15:48:52 GMT

@Anonymous wrote:
I went for it on Monday and got an instant approval but never a confirmation email nor is it showing up in my amex online account. Probably need to give amex a call. I decided to go hhonors surpass as I have an upcoming stay at an embassy suites plus my parents have a thing for Hampton Inns when I travel with them.

It took about 2-4 days for my Everyday card to show up onto my Account

Re: Amex bce sd or not to sd for a new amex

Anonymous — Wed, 13 Aug 2014 22:56:31 GMT

Spoke too soon amex apparently took it upon themselves to next day air ups me the card ^.^ They also moved my limits around I've only got a 10k bce instead of 19k and got 11k on the new card. Fine by me tbh I can't think of a time I'd need to put 11k+ on a card in a single charge :/

Re: Amex bce sd or not to sd for a new amex

Closingracer99 — Wed, 13 Aug 2014 23:02:05 GMT

@Anonymous wrote:
Spoke too soon amex apparently took it upon themselves to next day air ups me the card ^.^ They also moved my limits around I've only got a 10k bce instead of 19k and got 11k on the new card. Fine by me tbh I can't think of a time I'd need to put 11k+ on a card in a single charge :/

I don't get why .. They are pretty quick. Got my card like in 2-3 days after approval with my BCE and Everyday . Can't complain though