Congratulations on your BCP!! That card is very enticing. I'm playing with the idea of closing my Gold and upgrading my BCE to the BCP at the end of the year. As long as you are spending enough on that card to earn more cash back than what you would otherwise earn with the same spend on the no annual fee BCE, I think it's a fantastic card! Using the grocery category as an example, you would need to spend $3,200 per year on the BCP to get more cash back (after accounting for the annual fee) than you would get on the no annual fee BCE.
Example: (With $3,200 on groceries per year, BCP makes more sense)
BCP: $3,200 x .06 = $192 - 95 annual fee = $97 net cash back
BCE: $3,200 x .03 = $96 cash back
Another example: (In this case, BCE makes more sense)
BCP: $2,500 x .06. = $150 - $95 annual feee = $55 net cash back
BCE: $2,500 x .03 = $75 cash backup
Scores - EX: 808, TU: 803, EQ: 806
Chase Sapphire Preferred - $15,000
United Quest - $15,000
United Gateway - $7,600
Amex Gold - $18,300 POT
Amex BCE - $20,200
Amex/Schwab Investor Card - $11,500
PayPal Credit - $2,500
