Two New American Express Cards Released

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
13 posts
Smerri
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Two New American Express Cards Released

Postby Smerri » Tue Apr 26, 2011 10:06 am



chipnicodemus
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Wow

Postby chipnicodemus » Wed Apr 27, 2011 3:03 pm

That preferred blue cash looks like it might be worth upgrading!

$75 bucks a year isn't bad.

Anyone else thinking of upgrading?

jeffysdad
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Postby jeffysdad » Wed Apr 27, 2011 3:36 pm

I called yesterday and had my existing Blue Cash switched to the no-fee "everyday" card. The "preferred" card would net me about an additional $15 per year after deducting the fee, based on my estimated supermarket spending, which is all I would use the card for.

It's worth pointing out that they say "supermarket" and not "groceries." They likely only apply the higher reward to large supermarket chains and might not even include something like Whole Foods. (There was a story a while back where some angry WF-shopping Blue cardholders got Amex to change its designation for that store, I think.)

If they gave 3% at supermarkets AND restaurants, then the new card might be worth it to me. I expect I'll be leaving it home as I do with my current Blue Cash card.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

jeffysdad
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Postby jeffysdad » Wed Apr 27, 2011 3:43 pm

BTW, Smerri, do you work for Amex. Your post went up morning of April 26, but Amex press release didn't hit businesswire until morning of April 27.
Getting Pinched by Rising Costs of Groceries, Gas and Clothing? | Business Wire
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

Smerri
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Postby Smerri » Wed Apr 27, 2011 4:43 pm

jeffysdad wrote:BTW, Smerri, do you work for Amex. Your post went up morning of April 26, but Amex press release didn't hit businesswire until morning of April 27.
Getting Pinched by Rising Costs of Groceries, Gas and Clothing? | Business Wire


No I am not an AmEx employee. I was on the site checking my account balance and was checking out the view all cards page and these caught my eye. I did notice though that I beat the press release (when I went looking on Amex's Twitter and Facebook page and nothing was there).

ashleyAMX
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Postby ashleyAMX » Wed Apr 27, 2011 8:56 pm

I called twice today and Neither rep would tell me the average requirements.. I'm assuming it will be the same as the old blue cash.. what do you all think?

Smerri
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Postby Smerri » Wed Apr 27, 2011 9:34 pm

ashleyAMX wrote:I called twice today and Neither rep would tell me the average requirements.. I'm assuming it will be the same as the old blue cash.. what do you all think?


Do you mean average requirements in obtaining the card or the spending minimum (ie $6500 on Blue in order to earn bigger rewards)? Because there is no spending minimum for these cards in order to earn higher percentage.
If you go to compare the two cards you can see this.

How You Earn Points or Miles

Get 6% cash back at supermarkets, 3% cash back at gas stations and department stores, and 1% cash back on all other purchases. No spend minimum and no enrollment fees.

Get 3% cash back at supermarkets, 2% cash back at gas stations and department stores, and 1% cash back on all other purchases. No spend minimum and no enrollment fees.

--

I have my PR Gold but I am in the process of buying a house (and moving out of the parents house). I am almost tempted to get 6% on groceries and 3% on gas and use the cash back to book points flights with my PR Gold to get 3x points to transfer to frequent flyer programs (and use PR Gold for all other spending). I know my PR Gold gives 2x points on gas and groceries but that 6% is very tempting.

ashleyAMX
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Postby ashleyAMX » Wed Apr 27, 2011 9:58 pm

No, I meant Score/Income requirement

CCG
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Postby CCG » Wed Apr 27, 2011 11:40 pm

American Express kept everyone in the dark about the change. Not even affiliates were notified until the day of change.

Here is the updated review for the new "Everyday" version: American Express Blue Cash Everyday

-CCG

craigm1
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Location: toms river nj

Postby craigm1 » Mon May 02, 2011 9:19 pm

Help got the original amex blue cash in Nov blew threw the $6500 cap in 6 weeks spent

since then

gas 1668
grocery 4164
drug 779
every day 14,103
department store $276

I have been averaging about $90 in cash back is it worth my getting the cash pref.

I love getting 5% back on gas especially with gas prices up here. Do I just keep what I have or maybe consider switching when I hit my 1 year anniverary and have to spend $6500 to get the ramped up rewards. or is there a chance they might just drop the $6500 minimum in spending to get the better rewards.

craig m
Current Cards: American Express:Grandfathered Blue Cash CL 34k member since 89
Chase Freedom CL 7.5k member since 04
Chase Marriot Rewards Premier CL 20k member since 13
Chase Sapphire Preferred CL 25K member since 13
Bank Americard Cash Rewards Signature Visa CL 14k member since 11
Discover Cashback Bonus $10.5k member since 11
US Bank Cash + Signature Visa 19k member since 12
Citibank Thank You Preffered World Mastercard $16.5k member since 14



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