I'm receiving the offer to upgrade my Amex BCE to the BCP with a bonus of $150 after spending $1K in 3mos.
My questions are: will they do a HP? and will they charge the $95 Annual Fee upfront or at the end?
Thank you all for the great support! 
@TyRacing wrote:I'm receiveing the offer to upgrade my Amex BCE to the BCP with a bonus of $150 after you spending $1K in 3mos.
My questions are: will they do a HP? and will they charge the $95 Annual Fee upfront or at the end?
Thank you all for the great support!
I cannot speak for Amex but I have not heard of Amex doing a hard pull for such a product change. Amex often even issues new credit for card holders without a hard pull.
Annual fee will be prorated with a full fee around next card anniversary date.
@TyRacing wrote:I'm receiveing the offer to upgrade my Amex BCE to the BCP with a bonus of $150 after you spending $1K in 3mos.
My questions are: will they do a HP? and will they charge the $95 Annual Fee upfront or at the end?
Thank you all for the great support!
I did this the end of May. They didn't do a HP, they will adjust the $95 AF per the anniversary date of your BCE. For example, my anniversary date for the BCE is in January, but I upgraded in May. They mentioned I would have a "prorated" (I forget if they used that exact term, but you get the idea) AF in July sometime (which I have not yet gotten). A CSR also told me since I upgraded before June 1, I would be eligible for the additional 3-months (per Covid offer) to make the $1K spend (though I doubt I am going to need the extra time)
idk if the AF is waived. maybe i should to get the $250 offer!
@TyRacing wrote:I'm receiving the offer to upgrade my Amex BCE to the BCP with a bonus of $150 after spending $1K in 3mos.
My questions are: will they do a HP? and will they charge the $95 Annual Fee upfront or at the end?
Thank you all for the great support!
I'm only curious, how long have you had your BCE? Thanks!
@wasCB14 wrote:I don't see any mention of a waiver. I'd hold out for a bigger bonus...especially if you'll be downgrading again before too long. Without much spend, the AF eats up too much of the upgrade bonus.
Though if you'd get close to or reach the $6k threshold, maybe take this one.
I got the $250 BCE>BCP upgrade offer last year as well, but Amex seems to be a bit less generous these days, I've only seen folks with a $150 upgrade offer for some time now. They prorated my AF last year and I just got hit with the $95 AF last month and I came out just a few bucks ahead with Amex cashback rewards vs. AF so my $250 upgrade is "intact", my grocery & gas spend isn't that much - single & I buy more groceries at Walmart and my car gets 36 mpg. But I paid my AF for this year and will wait to downgrade before it hits again next year. I got Cash Magnet this spring, got the $150 spend bonus and then loaded it with 18 month 0% BTs, so I don't want to upset the Amex cash machine. 
@Dgr24 wrote:
@TyRacing wrote:I'm receiving the offer to upgrade my Amex BCE to the BCP with a bonus of $150 after spending $1K in 3mos.
My questions are: will they do a HP? and will they charge the $95 Annual Fee upfront or at the end?
Thank you all for the great support!
I'm only curious, how long have you had your BCE? Thanks!
FWIW, I had my BCE for about 2 years before upgrade offers began, but YMMV. I didn't get into the upgrade/downgrade game for a while.
@DaveInAZ wrote:
@wasCB14 wrote:I don't see any mention of a waiver. I'd hold out for a bigger bonus...especially if you'll be downgrading again before too long. Without much spend, the AF eats up too much of the upgrade bonus.
Though if you'd get close to or reach the $6k threshold, maybe take this one.
I got the $250 BCE>BCP upgrade offer last year as well, but Amex seems to be a bit less generous these days, I've only seen folks with a $150 upgrade offer for some time now. They prorated my AF last year and I just got hit with the $95 AF last month and I came out just a few bucks ahead with Amex cashback rewards vs. AF so my $250 upgrade is "intact", my grocery & gas spend isn't that much - single & I buy more groceries at Walmart and my car gets 36 mpg. But I paid my AF for this year and will wait to downgrade before it hits again next year. I got Cash Magnet this spring, got the $150 spend bonus and then loaded it with 18 month 0% BTs, so I don't want to upset the Amex cash machine.
I got 25k/$2k to upgrade my ED to EDP a few days ago. No AF waiver.