AMEX Blue Cash Preferred

[Anonymous]

My wife and I are seriously considering going on Nutrisystem for at least 2 months.

This obviously will make the 6% grocery category that we have relied on less valuable, at least for $95 annual fee.

Other than the free Blue Cash Everyday, is there another AMEX card that I can product-trade to?

I have had this card since 2001.

I am also using the Citi DC (which would be fine for Nutrisystem and the Chase Freedom Flex.

Thanks to you all.

[ficosuave]

Besides the BCE, the only other option I'm aware of would be the Cash Magnet for 1.5% flat cashback.

[Anonymous]

^^^ correct, there are three cards in that family - BCP, BCE, and Cash Magnet. PCing among those three can be done, but not outside of them.

[Anonymous]

The amex blue everyday card is better they try and migrate you to the preferred card if you pull too many rewards from them. 

Ask me how I know 

[Slabenstein]

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@Anonymous wrote:

The amex blue everyday card is better they try and migrate you to the preferred card if you pull too many rewards from them. 

Ask me how I know 

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What card is better or best is ofc going to depend on a particular person's spend and profile (e.g. BCP might not be a good choice if you don't charge more than $3.2k/yr in groceries), but why do you consider the BCE to be better?  It doesn't seem to me to be even a particularly good card, given the alternatives from other lenders.

ETA: Ofc, in the OP's situation, a downgrade to BCE would be better than opening a new uncapped 3% grocery card, if they prefer it to the CM.

[Anonymous]

The 95 dollar member fee turned me off, which is why I didn't migrate the card. 

The rewards looked a little better but I use the Everyday card for gas. I just like the rewards I get with it better and I don't like radio cards at all and carry none with me. For security I use apple pay and at restaurants use the apple card. Had not had a number stolen since 

[Anonymous]

Hey, guys.

Does anyone know at what dollar grocery spend you need to be to justify the $95 annual fee? I am thinking of going down to the everyday blue, since my wife and I are trying out Nutrisystem.

How do you even figure that out? Math was never one of my favorite subjects !!

[Loquat]

You'd need to spend at least $1600 in a 6% category to get over the AF hump. Anything after that is profit.

[Anonymous]

Annual fee for the no fee BCE card is... $0

Annual fee for BCP is $95.

For $95 you get an extra 3% cash reward rate for groceries.

X * .03 = $95,

X = $3,166.67

[ngoaa]

Or if you spend at least $10,250.01 per year on groceries, get the BCE.