I’m trying to find what the catch to this card is compared to the standard fare AmEx BCP. It seems 1:1 identical including the first year annual fee waiver and Disney streaming credit, but with an additional $100 statement credit for $15,000 spend per year. Also a very slightly boosted $350 SUB, for those to whom that would apply to. Yeah the $15k is steep enough that for most people it’s not worth the effort of opening an ETrade account for. But I already max groceries benefits and have way more streaming-coded spend than usual because I bill some hobbyist software subscriptions via Apple app store subscriptions. So if this is legitimately a straight upgrade to the regular BCP in every way, I might move up my plans to churn the ETrade bonuses and grab it along the way in hopes of accidentally getting an extra $100 some years.
Morgan Stanley Blue Cash Preferred?
byu/electronautix inCreditCards
Posted by electronautix
3 Comments
Isn’t the BCP 6% capped way below $15k?
Say you spend 12k on groceries and 3k on the 3% categories. You’re giving up 2% * 6k = $120 in cashback by hitting the 15k vs moving spend onto an uncapped 3% cashback card.
It’s also unclear how the upgrade/downgrade with BCE trick applies.
It’s still an upgrade in every way as long as you aren’t tricked into trying for the 15k target.
It sounds like it’s a good fit for you. Does the vanilla version have the first year waived? That might be a difference.
At $2,000 of gas/transit a year, if your extra subscription allow you to run $7,000+ at 6%, then yeah the card is a straight benefit. For anyone else, it is not baring the extra SUB.