OhioNative wrote:I've heard AMEX backdates your Member Since Date. Would this apply to my credit report as well if I subsequently closed my old card?
They don't really backdate your MSD. Your MSD is your MSD. Your cards are backdated and report as opened in the year of your MSD. That's why many find backdating beneficial.
OhioNative wrote:What would happen to my membership rewards I currently have on the Blue for Students since I would close the account, but would still be an AMEX member?
To retain MR points you have to have an open MR card. Simply holding AmEx membership won't retain your points if you close an MR card.
OhioNative wrote:I want a card that I don't have to play games with as far as rewards go, and I am averse to the idea of having multiple credit cards. And insights would be appreciated.
Sounds to me like you should be looking at the flat 2%, 1%+1% (Citi DoubleCash) or 1.5% cards then.
To maximize point/miles values you need to be willing to play the game. If you want simple rewards then you probably don't want cards with different rewards for different spend categories. The BCP makes sense if you have the right level of grocery spend and can leverage the 3% categories. Otherwise it's just 1%.
Keep in mind that for scoring purposes at least 2-3 cards are generally recommended.
OhioNative wrote:I applied for the BCP and will close my Blue for Students once I figure out the best thing to do with the ~68,000 MR points (I've never 'spent' MR points before).
Best point value is generally attained by transferring to travel partners but you have to be careful to maximize point value. You probably should have done a bit more research before apping for the BCP.