cancel
Showing results for 
Search instead for 
Did you mean: 

AmEx Blue Cash Upgrade questions.

Highlighted
Frequent Contributor

AmEx Blue Cash Upgrade questions.

Today i noticed i had a special offer of $250 if i spend $2000 in 3 months to upgrade to the Blue Cash Preferred.  So i decided i want to go for it, but i do have a couple of questions about upgrading. i really do like the 6%CB at grocery stores.

1. will it be an HP?

2. will my tradeline be affected in anyway?

3. im due for a credit increase on the 24th?  will that be affected as well?

4. Does AmEx limit your credit with them based off my income?   $28000 a year, 2 cards with them with a total of $5600 in credit.

 

thanks guys

FICO 8 10-17-2016 Equifax 634, Transunion 673, Experian 631

Quicksilver one, Cap1 Secured, Amazon Prime, DiscoverIT, Best Buy Visa, Paypal SC, Walmart Store, VicSecret, Jcrew, Gamestop, Barclays Apple, Target, Eddie Bauer, Overstock
Message 1 of 3
2 REPLIES 2
Highlighted
Established Contributor

Re: AmEx Blue Cash Upgrade questions.

No HP
Won’t effect your tradeline.

Just be sure your usual grocery store codes as grocery for AMEX or you won’t get the 6% CB. For example, big box stores like Walmart won’t qualify (grocery pick up does, however. Just not in-store Purchases)
Personal Credit -
AMEX: Platinum, Green, Blue Cash Preferred, Schwab Investor
PNC: Cash Rewards, Points
NFCU: Flaghship Rewards, Cash Rewards, More Rewards, CLOC
PSECU: Founders
BB&T: Spectrum Cash Rewards
CapOne: Quicksilver
Discover: IT Chrome, IT
Synchrony: PayPal 2%, PayPal Credit
Barclays: Uber
PenFed: Power Cash Rewards
Store Cards: Target
AU Cards: Citi Rewards+

Business Credit-
AMEX: Delta Gold, Amazon Prime, Simply Cash Plus
Message 2 of 3
Highlighted
Moderator

Re: AmEx Blue Cash Upgrade questions.


@moneyshot23 wrote:

Today i noticed i had a special offer of $250 if i spend $2000 in 3 months to upgrade to the Blue Cash Preferred.  So i decided i want to go for it, but i do have a couple of questions about upgrading. i really do like the 6%CB at grocery stores.

1. will it be an HP?

2. will my tradeline be affected in anyway?

3. im due for a credit increase on the 24th?  will that be affected as well?

4. Does AmEx limit your credit with them based off my income?   $28000 a year, 2 cards with them with a total of $5600 in credit.

 

thanks guys


1. SP most likely 

2. No, retains all original info

3.Not by PC, but CLI may be affected by other factors

4. A lot more goes into it, income is just one piece of puzzle

I told my teens yesterday I'm done repeating myself. Darwin, take the wheel, please.
Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.