Posted by William Charles on March 19, 2017
Credit Card Offers

Published on March 19th, 2017 | by William Charles

55

[YMMV] American Express Blue Cash Preferred $150 Upgrade Offer

The Offer

Direct link to offer

  • American Express are offering some Blue Cash Everyday cardholders the opportunity to upgrade to Blue Cash Preferred and get the following bonus:
    • $150 cash back after you spend $1,000 within the first three months

blue cash preferred

Card Details

  • Annual fee of $95
  • Card earns at the following rates:
    • 6% cash back at U.S. supermarkets (up to $6,000 in spend annually, then 1%)
    • 3% cash back at U.S. gas stations and select U.S. department stores
    • 1% back on all other purchases

Our Verdict

You’ll want to read these two posts before considering this:

The good thing about upgrade offers is that they don’t do a hard pull and you’re also able to get the bonus if you’ve already had the card before (and can get the bonus in the future if you haven’t had the card before). If I got this offer I’d probably take it, you’re getting $55 after $1,000 in spend when you take into account the annual fee of $95 but you’re also getting access to 6% in cash back at U.S. supermarkets. If you can’t take advantage of that bonus grocery store spend, the offer is definitely less enticing. If anybody knows of any other upgrade links, share them in the comments please.

Hat tip to Churner Co



55 Responses to [YMMV] American Express Blue Cash Preferred $150 Upgrade Offer

  1. UPS guy says:

    Question is if you’ve maxed out the 3% on the non preferred this year already, does this reset your 6k grocery category spend for your new 6% upgrade. Another issue is the preferred version used to be $75, now it’s $95. The preferred cash back comes to $360 – $95 = $265, the non AF version nets you $180, so $85 difference if grocery is maxed. You also lose 1% difference in the gas/department store category. Take into consideration other cards ( Freedom next quarter), will have 5% back groceries on a no anuual fee card.

  2. Peter says:

    I thought if you take an upgrade offer without having held the card before you become ineligible for a new card member bonus for that product in the future.

  3. eclipsor says:

    does the AF hit right away? would it be possible to close the card or PC it before it hits?

  4. Carlos says:

    Its not enough to get me to upgrade.
    Im a card keeper..

  5. Rob says:

    Will this increase my 5/24 number?

  6. dan says:

    to confirm, for now upgrade will still be eligible for new card bonus in future?

  7. MarcoPolo says:

    I received a 25000 points after $1000/3 months spend for MRG card when logged into my Blue Cash Everyday card account.
    Didn’t accept it. I am holding out for 50,000/$3000/3 month offer.

  8. MarcoPolo says:

    ^^^ Meant Amex PRG.

  9. Ferris says:

    Could you hypothetically continually switch between BCP and BC non-AF?

    Day 1: Get BCP, spend $6,000
    Day 31: Change to non-AF
    Day 366: Change to BCP, spend $6000

    Repeat. This way you would only get charged the AF for 1-2 months out of the year.

  10. Steve says:

    Thank you!
    Worked for me.

  11. Gene says:

    ” We’re sorry. The system is currently not responding. Your business is important to us. Please try again later. We apologize for the inconvenience. ”

    anyone else receiving this error after logging in through the “direct link to offer” in this post?
    thanks

  12. joe says:

    DoC,

    AmEx actually credited me the $150 and sent me a letter saying they wouldn’t charge me the $95.

  13. P says:

    I’ve had the card before and it’s showing up for me. Of course, the upgradable card I have is the OBC

  14. jay says:

    Im confused. I received the upgrade offer on my BC to BCP for $150. I’ve never had a BCP. could I get this $150 then sign up for the $250 BCP card ?

  15. LTL says:

    rep told me that annual fee will be prorated for first year after Upgrade until anniversary of original no AF BC. meaning, if originally signed up for BC in July and Upgrade now in March they will only charge you 4.5/12 of the annual fee. haven’t confirmed yet; but that’s what rep told me unsolicited.

    • If anybody can confirm this, that would be fantastic.

      • James says:

        I read the offer terms in the link you provided and the prorated annual fee is mentioned. I got the offer, but probably won’t upgrade since I know I’ll have to downgrade again in 6 months for me to avoid the second annual fee. For others it maybe worth it, but seems too much hassle for what will be $100 for me after the bonus and prorated fees are taken into account for me.

  16. ray says:

    For the past few days, after logging in, I keep getting “We’re sorry. The system is currently not responding. Your business is important to us. Please try again later. We apologize for the inconvenience.”

    Is this a sign my account is not eligible for this upgrade?

  17. Jack says:

    I get the same message

    For the past few days, after logging in, I keep getting “We’re sorry. The system is currently not responding. Your business is important to us. Please try again later. We apologize for the inconvenience.”

    Is this a sign my account is not eligible for this upgrade?

    Anyone know?

  18. Ty says:

    I got the BCE when they were running the 10% off Amazon promotion. Would I have to deplete that offer before upgrading to the BCP, or would my leftover promotional offer carry over with me?

    Also, does upgrading a card reset the x3 cap on requesting a credit limit increase, or would I have to get a new card and shift my credit allocations to increase that maximum?

  19. Jags4186 says:

    I have a BCE and previously had a BCP that I cancelled. Was targeted for this and upgraded my BCE to BCP. Funded BMO Harris checking account with the card $1000, received $150 statement credit day after $1000 funding posted.

    Received letter saying AF wouldn’t be charged until May 7.

    I wonder if I can downgrade back to BCE before the fee posts or if that will AA me…

  20. Jags says:

    So I did this offer, received my $150 bonus, and downgraded back to BCE before the AF hit. I now have another upgrade offer in my BCE account back to BCP but this one also includes 10% CB on dining plus the $150 bonus after $1k spend.

    Thoughts on trying a 2nd upgrade on this account? Offer ends 5/3.

    • TJ says:

      How fast did the $150 post after you spent the 1k?

      • Jags says:

        Day after the $1000 posts. BTW I did do the 2nd upgrade offer, got the 2nd $150 and am enjoying my 10% CB.

        • TJ says:

          I have the $150 offer again.. I want to pull the trigger. I don’t have anything to buy for a grand though. I’ve done two recent Amex cards with gift cards and everything was fine. Maybe mix some spend with some GCs. Thanks for DP!

        • TJ says:

          One more question. I upgraded. Do I have to wait for the new card to arrive to spend the 1k or can I use the existing card? Thanks!

        • TJ says:

          Just an update: Upgraded, bought the new iPad Pro 10.5 with a case and the $150 bonus posted a couple days later. Just downgraded. Thanks for great idea! Nice discount on iPad.

  21. KK says:

    I had a blue cash preferred card before, and I saw the upgrade offer in my online account on a different blue cash everyday card. I called Amex to confirm if I am eligible and they said that since I had the blue cash preferred card before, I am not eligible for this offer. Now I see online that people have got this offer.. Confused!!! 🙁

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