Thinking about closing my Amex Gold, and get a BCP.

[Anonymous]

Yes I will most definitely max discover. I wouldn't be applying if I choose to apply until May. But it seems like I'll keep the gold card. Honestly I'd probably never forgive myself if I closed it, and most likely would want it back in a couple years. I'll stick with my arsenal of cb/ rewards cards. I was was thinking I could get more value out of BCP. But most likely continue with gold, and get BCP (For sub) sometime next year.

[JNA1]

Another thing to keep in mind is if you use Walmart grocery pickup, it codes as groceries instead of merchandise (like it does if you go in the store) on the BCP/BCE. That allows us to get better prices on a lot of stuff and still earn the 6% on it.

When I applied for mine, I kept going to site and it was giving me the normal $250 SUB. I tried it on private mode on my work cell and got the $300 SUB offer, so I pounced in it! 😂

IDK if I just got lucky, or if AMEX’s site had my phone tracked or flagged as interested, as I had done the prequal lots of times. AMEX offered me my highest SL (double more than any other SL I had ever gotten) until I got my BBVA card.

[Anonymous]

Due to a series of unfortnate events (delivery problem, lost, damage, fraud), I may have enough amex gold cards to make a tiny scarf now.

[Anonymous]

That's interesting. I wonder what gold card would code as... maybe I'll give that a shot later on.
Since I've got 3 biz CCs through amex since May approval of gold I should probably keep gold card open past 1st year just in case of AA. Out of all the banks I have CCs with amex is by far the most important to me. I could live without citi, cap1 if I had to. But with all these shutdowns and the fact I've got 3 SUBs since then I'll play it safe, and downgrade other cards after one year.
I still dont know what to do with my bucketed cap1 QS(500). Its tied with my first disco as my oldest card... maybe I'll keep it open until I decide what ill do when the VENTURE AF comes next year.
Thanks everyone

[Anonymous]

Seriously my dw and I have 6 total from requesting the rose gold card, and fraud alert. They are so pretty my dw wont throw them out lol

[Anonymous]

If you spend the max $6,000 on groceries, BCP returns $360-95 = $265 or 4.4%.  Breakeven vs BCE is 95/(6%-3%) = 95/3% = $3167.  If you spend less than $61 per week on groceries, you are better off with BCE over BCP.  

You pretty much need a family (or a bunch of manufactured spend) to make BCP work. 

[Anonymous]

Have a 17 month old and DW. So I expect grocery spend to rise. Its not between bce. Already have cards for gas3-5%. I have Sam's Mastercard which gets 3% on dining, and travel. Citi aadvantage 2x miles. So I am only looking for cards that earn more than 3% It's whether or not I want to continue with the gold card. If I did get one card to replace it would be the BCP. I'm just trying to work out which annual fee cards I plan to keep. Thank you for the information though.
Looks like for now I am going to keep the gold card $250 fee I will keep the citI aadvantage card 95$( keep card open for 24 months So I can hit SUB again).
Downgrade Delta or have DW apply for no af card then close. After at least 13 months.
Hope to down grade Venture or just get a Venture one next year, and close Venture. Undecided.
Do not have any other af cards.
I do not mind paying fees. But with all the credit card rewards I have I spread my spend out so much It only make sense for me to only keep a couple . I value the gold cards fee at about 50 to $60 after all credits. But the card has earned me a ton with its amex offers(my only personal card with AMEX) Dont know if the BCP. Would give same or equal offers.
Honestly having the BBP earning 2XMRs it makes it harder to keep cards with any fees. Because most of them don't have rewards that match it.

[Anonymous]

If a person didn't have other cards for gas/rideshare, they would also earn 3% on those categories with the BCP. In addition to 6% on streaming and grocery. So it has potential IMO, if a person isn't spread out over several systems. Obviously if they're a big uber user then the the Uber Visa would be more beneficial, which has no AF. 

If a person wanted to cut down on the amount of AF's, and excess cards. They definitely have some homework to find a one size fits all, although with sightly lower earning potential in said categories. 

On average I can spend anywhere from $65-100 for food in a week, depending on what I'm getting that week. Groceries aren't exactly going down in price. So the BCP pays for itself above the $200 SUB I got. As long as the AF is being offset, I'm  not out anything. I'm not using them to get rich after all, just to help reduce teh cost of living a bit.

[Anonymous]

Well said. The more I think about my situation the more I come to this conclusion. As long as I am subs the way I am and have the cards I need I don't have to worry about all my gold card yet. Meaning I will pay annual fees if it means getting a sub earlier white with citi 24 month rule. When I am close to getting a mortgage Then I can start worrying about Annual fees Because the SUB fothe gold card pays for the annual fee 3 times over. So I've pretty much decided to just Eventually get the BCP but not to replace my gold Card.