Blue Cash Preferred (Rewards card help)

[Isacking97]

I have a Everyday Card and the magnet card, do you guys recommend converting the magnet to an BCP?

If not what card fits my spending better?

[Wrigley2172]

BCP does not give 6% at wholesale places like costco and sams club. Because your spend between the two,groccery/wholesale, is almost even i would say dont upgrade unless you can move more of the spend to whichever place is coding as groccery

[Isacking97]

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@Wrigley2172 wrote:
BCP does not give 6% at wholesale places like costco and sams club. Because your spend between the two,groccery/wholesale, is almost even i would say dont upgrade unless you can move more of the spend to whichever place is coding as groccery

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What about gas and tolls? 

I don't shop a lot in wholesale stores except walmart!!

[kilroy8]

BCP has a $95 AF. Unless you have > $300/mo pure grocery store spend, you want the BCE instead, which gives 3% on groceries but no AF. It still gives 2% on gas and 1% everything else. 

[Gollum]

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@Isacking97 wrote:

I have a Everyday Card and the magnet card, do you guys recommend converting the magnet to an BCP?

If not what card fits my spending better?

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There's a calculator toward the bottom of the page at https://www.nerdwallet.com/blog/credit-cards/american-express-blue-cash-everyday-vs-blue-cash-prefer... so you can compare the American Express Blue Cash Everyday to the American Express Blue Cash Preferred to see if the annual fee for the Preferred is worth it to you.

I can think of at least two credit unions that offer a credit card with similar terms to the American Express Magnet card.

I don't like having multiple credit cards from the same bank/whatever, but everyone is different.