Which supermarkets are eligible for 6% cashback on BCP?

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nishant
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Which supermarkets are eligible for 6% cashback on BCP?

Postby nishant » Fri Dec 21, 2012 1:54 pm

Currently I have blue cash everyday and donot feel the need to upgrade to BCP due to too many similar card.

However, 6% is attractive for $500 per month. If you have used BCP and confirm that you got 6%, can you please mention a few to find whether annual fee breakeven is possible?

Thanks


hematino
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Postby hematino » Sat Dec 22, 2012 1:07 pm

Shoprite all day every day.

It's all about those gift cards at the cash register. I live alone and would never buy enough groceries for myself to cancel out the annual fee, but that's where those gift cards come into play.
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trumpet-205
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Postby trumpet-205 » Sat Dec 22, 2012 10:23 pm

Is not just about break-even (as in simply earning more than $75), is about when your BCP will earn more cashback than BCE.

0.06x - $75 = 0.03x
0.03x = $75
x = $2,500

This means assuming you use BCP for grocery and nothing else, you need to spend $2,500+ per year or $209+ per month to start earning more cashback than BCE. It is quite high for a single person, unless you are buying gift card in supermarket like hematino suggested.
In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)

jeffysdad
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Postby jeffysdad » Sun Dec 23, 2012 5:34 am

Maybe I'm just a pig, but I'm single and don't have any trouble spending enough to make BCP worthwhile. At minimum I spend $250/month, and usually it's more like $450. I don't shop at Whole Foods either (too expensive). Trader Joe's counts as a supermarket, BTW, in case that matters. I guess I spend a lot on beer and coffee.
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.

FutureBillionaire
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Postby FutureBillionaire » Mon Dec 24, 2012 12:19 pm

jeffysdad wrote:Maybe I'm just a pig, but I'm single and don't have any trouble spending enough to make BCP worthwhile. At minimum I spend $250/month, and usually it's more like $450. I don't shop at Whole Foods either (too expensive). Trader Joe's counts as a supermarket, BTW, in case that matters. I guess I spend a lot on beer and coffee.


Trader Joes is awesome. In some markets, they sell wine. Cheap wine that tastes good to us average folks. I would be all over that if it was down here.

Use gift cards and you will easily hit the threshold.
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silver6054
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Postby silver6054 » Mon Dec 24, 2012 3:17 pm

FutureBillionaire wrote:Trader Joes is awesome. In some markets, they sell wine. Cheap wine that tastes good to us average folks. I would be all over that if it was down here.

Use gift cards and you will easily hit the threshold.


We DO shop at Whole Foods, and thus very quickly meet payback thresholds for the BCP! In the last 10 months, we've spend a total of about 18K on groceries, probably of which only 2.5K were on gift cards (and that include 1.5K on Whole Foods cards which I bought for use once the cap comes into play). Outside of Whole Foods, we also use Trader Joes, but also Shaws and Sudbury Farms (Roche Brothers) and get 6% back at each of those.

And for my favorite plug: Penfed Platinum Rewards seems better than the BCE card for many users. Uncapped 3% on groceries, 5% on gas, so you just lose out on the 3% on department stores

trumpet-205
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Postby trumpet-205 » Mon Dec 24, 2012 4:36 pm

BCE is 2% on select department store (not every department store counts).

Following stores earn 2%,
Bealls, Belk®, Bloomingdale's, Bon Ton Stores Inc., Boscov's Department Store, Century 21® Department Stores, Dillard's Department Stores, J.C. Penney Company, Inc., Kohl's, Lord & Taylor, Macy's, Neiman Marcus, Nordstrom, Saks Fifth Avenue, Sears® Merchandise Group, and Stein Mart®
In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)

silver6054
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Postby silver6054 » Mon Dec 24, 2012 5:06 pm

Sorry, yes, it's 3% for BCP, not BCE.

Is that an all-inclusive list of the approved department stores?

trumpet-205
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Postby trumpet-205 » Mon Dec 24, 2012 7:09 pm

Yes. It is listed under "Track my reward" on AMEX website.
In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)



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