American Express are making changes to how reward years are calculated on their Blue Cash range of cards. This was noticed by reddit user aksurvivorfan when they checked their most recent statements. Changes are effective June 30th, 2017
Blue Cash Everyday/Preferred
- Today, an annual reward year is 12 billing periods in a row beginning with the one that includes January 1. Starting on June 30, 2017, an annual reward year will be a calendar year.
Old Blue Cash
- Today, a Reward Year is 12 billing periods in a row beginning with the one that starts in the calendar month in which your Card account anniversary occurs. As of June 30, 2017, a Reward Year will begin the day after your Blue Cash account anniversary date. You can find your Reward Year on your online account or by calling the number on the back of your card.
Our Verdict
Not sure what is more confusing for cardholders, American Express obviously think this is an improvement but I can see earning at two different rates on the same statement being confusing as well (although I do prefer this new change by American Express). Chuck has discussed the Old Blue Cash resetting limits in this post.
