Deciding between offers for BCE or BSky

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
12 posts
khaos
Green Member
Green Member
 
Posts: 20
Joined: Thu Oct 20, 2011 3:51 am
Location: Orlando

Deciding between offers for BCE or BSky

Postby khaos » Mon Apr 22, 2013 5:41 pm

Hey Everyone!

So I received an offer a few weeks ago for the AMEX Blue Sky card that has the 30,000 points as a sign up bonus. I was considering pulling the trigger on it but I was pretty busy so I didn't get around to doing it. Then just a few days ago I received another offer for the Blue Cash Everyday card with a $250 rewards dollar after spending $1000 in the first 3 months. I am really interested in both but the Blue Sky card seems more attractive because I am planning a trip this year and I don't have any air miles rewards card as yet. I do have the Bank Of America Cash Rewards card which is similar if not the same to the Blue Cash Everyday card. I am not a very frequent traveler but the Blue Sky card's statement credit that I could redeem through the signup bonus points would be a good perk for my trip abroad this year. Unless I run into some limitations as to where I could use that statement credit etc. This is going to be my first AMEX so I am trying to make the right decision here, what would you guys recommend I do, which one do you prefer? I am aware that in order to apply the statement credit, you have to first make the purchase & then contact AMEX in order to apply your credit to the purchase. Anyone know if this process is a hassle or there's no trouble involved.

Thanks


FutureBillionaire
Centurion Member
Centurion Member
 
Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Mon Apr 22, 2013 5:50 pm

The Blue Sky would diversify your portfolio with regards to rewards. Go ahead and get that. I don't know too many folks here that have that card, though. When you request a credit for rewards, they generally show up fairly quick. You shouldn't have a problem there.


After additional research, I have to recommend the Blue Sky Preferred instead. I thought that the Blue Sky offered more than 1point per dollar, but I was wrong. The Blue Sky Preferred will give you double points for most travel related expenses and restaurants. It also gives you a 100 dollar annual credit for incidental airline charges. That makes up for the annual fee, so you get a net of $25. Since you need a travel card and have gotten offers for the regular Blue Sky, I would see if you can call and ask for an offer for that card.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

khaos
Green Member
Green Member
 
Posts: 20
Joined: Thu Oct 20, 2011 3:51 am
Location: Orlando

Postby khaos » Mon Apr 22, 2013 6:06 pm

Thanks for the response, well 2 things about the Blue Cash Preferred. One you already pointed out being the annual fee but the other is I wasn't sure if I'd get approved for the Blue Cash Preferred as I never received an offer for it and this being my opportunity to establish a relationship with AMEX I didn't know if being too choosy would help, although in the past though I have received offers for the Gold and Green card as well but those didn't interest me as much at the time. Apart from the 2 points per dollar are there any additional benefits for the Blue Sky Preferred that I should really consider the card. Moreover the 2 points per dollar would rack up through eating at restaurants as the airfare part, the ticket has to be bought off the airline's website & I am guessing it wouldn't work if bought off Expedia/Kayak etc. hence I was wondering if there were any other benefits over the Blue Sky Regular as the signup bonus on it still stands very attractive unless I am missing something.

FutureBillionaire
Centurion Member
Centurion Member
 
Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Mon Apr 22, 2013 6:17 pm

khaos wrote:Thanks for the response, well 2 things about the Blue Cash Preferred. One you already pointed out being the annual fee but the other is I wasn't sure if I'd get approved for the Blue Cash Preferred as I never received an offer for it and this being my opportunity to establish a relationship with AMEX I didn't know if being too choosy would help, although in the past though I have received offers for the Gold and Green card as well but those didn't interest me as much at the time. Apart from the 2 points per dollar are there any additional benefits for the Blue Sky Preferred that I should really consider the card. Moreover the 2 points per dollar would rack up through eating at restaurants as the airfare part, the ticket has to be bought of the airline's website & I am guessing it wouldn't work if bought off Expedia/Kayak etc. hence I was wondering if there were any other benefits over the Blue Sky Regular as the signup bonus on it still stands very attractive unless I am missing something.


The regular Blue Sky is just an ok card. You're not really earning bonus rewards. You always want cards that give you at least 2% rewards, preferably on everything. The regular Blue Sky isn't worth an inquiry, in my opinion unless you need the points to help you get the trip that you want and won't have the money right away. You will get other offers for other cards. If you give us some of your credit profile, we can guide you to a other cards you may qualify for. I used to receive offers for several different Amex cards. I only applied for one of the cards that I was prequalified for, but I was approved for the Blue Cash Preferred card that I wanted.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

khaos
Green Member
Green Member
 
Posts: 20
Joined: Thu Oct 20, 2011 3:51 am
Location: Orlando

Postby khaos » Mon Apr 22, 2013 6:40 pm

In terms of my credit profile my Transrisk score is 704, not sure what my TransUnion or Experian is. I have 2 credit cards, the Bank of America Cash Rewards card & a Credit Union Card, that I pay in full every month and a car loan.

User avatar
Z06Biker
Centurion Member
Centurion Member
 
Posts: 464
Joined: Fri Apr 12, 2013 5:39 pm
Location: Los Angeles

Postby Z06Biker » Mon Apr 22, 2013 7:02 pm

I assume Transrisk is most closely related to your Transunion score, and since Transunion is generally the highest reported score of the 3 credit bureau's, that should give you an educated guesstimate as to where you fall.
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard

FutureBillionaire
Centurion Member
Centurion Member
 
Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Mon Apr 22, 2013 11:04 pm

I would check credit sesame and credit karma to get a free guesstimate. I still say that the Blue sky Preferred is a better card.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

tigerowl06
Platinum Member
Platinum Member
 
Posts: 93
Joined: Sat Jan 21, 2012 1:43 am
Location: Seattle/WA

Postby tigerowl06 » Tue Apr 23, 2013 1:06 am

If you are qualified for Blue Sky, you are qualified for Blue Sky Preferred. The annual fee is a pledge to use the card a lot. If anything, it makes them happier. Don't app for the regular version if that's not the one you really want.
Chase Freedom ($2.5K, 10/2009)
Discover it ($6K; 03/2011)
Amex BCE ($19.5K; 02/2013 - 2011 BD)

khaos
Green Member
Green Member
 
Posts: 20
Joined: Thu Oct 20, 2011 3:51 am
Location: Orlando

Postby khaos » Tue Apr 23, 2013 9:09 am

Looking further into it, Blue Sky Preferred really seems like a good card but here's my dilemma since I don't travel very frequently it seems as though the only way to accumulate points is by spending it at restaurants/car rentals/air line tickets/anything travel related. So I am just caught on the fact on how will I accumulate the points in the first place as I don't think making purchases for groceries/gas/at departmental stores add up the points. It does state eligable purchases, and I am not quite sure how this is classified if it's strictly only travel and 1 point per dollar for every other purchase? Can someone clear this up.

tigerowl06
Platinum Member
Platinum Member
 
Posts: 93
Joined: Sat Jan 21, 2012 1:43 am
Location: Seattle/WA

Postby tigerowl06 » Tue Apr 23, 2013 9:12 pm

How old are those 2 credit cards you have?
Chase Freedom ($2.5K, 10/2009)
Discover it ($6K; 03/2011)
Amex BCE ($19.5K; 02/2013 - 2011 BD)



Return to “American Express”

Who is online

Users browsing this forum: No registered users and 2 guests