I received a letter in the mail inviting me to upgrade my card and stating I'd get the $150 after spending $1000. I don't use the BCE a whole lot. I use it at supermarkets, but we shop for our groceries at Walmart since the prices come out better. Publix is pretty big in this area.
I know some people have been able to get the supermarket category on BCP by shopping at Walmart neighborhood markets, but it seems like that may have stopped working a few months back. To make up for the $95 annual fee, I'd have to spend $3167 a year (for the 3% -> 6% to be worth it).
I'd much rather use the BCP than the Walmart card from Cap1... but we also like going to the super center since they have a lot more options as well as non grocery products all in one store.
Does anyone have a perspective I haven't considered? Does BCP work well with their Walmart+ delivery thing?
Your math is wrong. That $150 switching bonus COVERS the $95 AF and then some. In addition to that you're doubling your Cashback for a year for what you do spend at the grocery stores... Just make sure to hit that initial 1k spend. Just downgrade again after a year (if you do it within a month of the renewal charge you'll get the AF back).
If in the meantime you found that changing your spending habits worked well, you can stick with the BCP. But the upgrade/downgrade is done regularly by some MFers.
Sock - 
On my 
Debit Cards - 
@MickeyGMoney I made that change few years ago and now I love my BCP!
However I would of liked to get Morgan Stanley Blue Cash Preferred version instead, if I known!
@MickeyGMoney wrote:I received a letter in the mail inviting me to upgrade my card and stating I'd get the $150 after spending $1000. I don't use the BCE a whole lot. I use it at supermarkets, but we shop for our groceries at Walmart since the prices come out better. Publix is pretty big in this area.
I know some people have been able to get the supermarket category on BCP by shopping at Walmart neighborhood markets, but it seems like that may have stopped working a few months back. To make up for the $95 annual fee, I'd have to spend $3167 a year (for the 3% -> 6% to be worth it).
I'd much rather use the BCP than the Walmart card from Cap1... but we also like going to the super center since they have a lot more options as well as non grocery products all in one store.
Does anyone have a perspective I haven't considered? Does BCP work well with their Walmart+ delivery thing?
Both my AmEx BCP and Platinum cards still code WM Neighborhood Market as grocery stores and I get WM+ for free with the Paltinum.
@MickeyGMoney wrote:I received a letter in the mail inviting me to upgrade my card and stating I'd get the $150 after spending $1000. I don't use the BCE a whole lot. I use it at supermarkets, but we shop for our groceries at Walmart since the prices come out better. Publix is pretty big in this area.
I know some people have been able to get the supermarket category on BCP by shopping at Walmart neighborhood markets, but it seems like that may have stopped working a few months back. To make up for the $95 annual fee, I'd have to spend $3167 a year (for the 3% -> 6% to be worth it).
I'd much rather use the BCP than the Walmart card from Cap1... but we also like going to the super center since they have a lot more options as well as non grocery products all in one store.
Does anyone have a perspective I haven't considered? Does BCP work well with their Walmart+ delivery thing?
Since others have already pointed out that you're doing the math wrong, I'll skip that. I basically want to touch on the Walmart+ thing in tandem with the BCP.
I got an upgrade offer last year (with a nicer SUB than yours!) and I took it. At some point right before the pandemic, I signed up for Walmart+ because my Cap1 WMR card sent me a special offer--a free trial of W+ along with ongoing 5% CB for all purchases at walmart.com. Since I only shop online anyway, and since I've been grocery shopping online since the '90s, I figured this would work out great! I was wrong....
W+ was the *worst* grocery program I've ever used. I could literally write a book about its faults, but I'll sum it up like this: they didn't have a useful 'substitution preferences' feature (they were tweaking that at the time--maybe it's better now), their shoppers did a terrible job of picking substitutions--and I mean things like bringing MEAT and DAIRY into this VEGAN household! 
There were almost always errors, with missing items, wrong items, bad subs, poor quality/freshness produce, very limited selection of the type of edible groceries I buy, and so on. Then, to top it all off, they didn't have bags--and they'd deliver the groceries by placing them, loose, all over my front porch! *SMH*
I had purchased the W+ plan before the free 30 day trial ran out--because I didn't know then just how awful it would be. By the time it auto-renewed a year later, I was done. I canceled it and had them give me a pro-rated refund, instead of what they normally do, i.e., keep the account active until its expiration date.
I don't remember when I got my Instacart Express account, but I'd used IC long before the pandemic started. I do know that after the WM catastrophe I started using IC along with my BCP to shop for groceries. With this method, I *can* shop at WM--and Amex counts it as groceries, because IC is the merchant, not WM--so I get my 6% CB, plus I can do my food shopping where I prefer, e.g., Sprouts and Whole Foods. I use WM for household products because they definitely have the best prices. IC is much, much better about....EVERYTHING! They get the order right, they have a GREAT substitution preference feature, the shoppers generally follow instructions, and I don't end up banging my head on the wall out of frustration over yet another screwed-up order.
As with everything else in life, YMMV.
