AmEx Blue - No More Best Value Guar

That sucks.

I used my Blue for all bigger purchases that I might want to revolve ... mainly for that benefit and for fraud protections.

I might as well use my Gold card and - if I want to revolve - bal xfr to a non-Amex product, so they'll lose the possibility of earning any interest income. Dumb move on Amex part.

Jason - where did you see this?

-mj

 

I don't care...mine is in the SOCK DRAWER...LAST USED 01/04/2002

 

I wonder can I transfer it to a Hitlon H

 

I don't think you can convert a Blue to a Hilton card, but you can convert other cards in the Optima group (Optima, Optima Platinum, and others).

Does anyone know if this change would only apply to Blue or to other Amex credit cards as well, like the Optima Platinum ? I've been putting off purchasing a flat panel monitor for a few months now on my Blue card, but it looks like I better go for it soon before BVG is gone!

 

mj,

This is in an e-mail I received this morning from AmEx Blue. It is a dumb move from AmEx.

 

I called Blue and they said it only applied to Blue, not any other card. So the Charge cards and the Optima lines seem to be okay wrt BVG.


I wonder why they did it. Any thoughts?

 

I think Amex did it because they are having some financial problems now as are many other large corporations. I don't think they will remove the BVG benefit from the charge cards because they get annual fees from these accounts, but I don't know about the Optima accounts.

 

Hilton card doesn't have it ... but Starwood does (go figure). I haven't gotten it on email ... but that's a big change. I'd think they should regular mail that.

It takes some of the "luster" off of the card - it's just another 9.9% card in my wallet (albeit, it does earn membership rewards points, but hey, Target 10% coupons are like cash to me!).

Amex earns quite a bit more on the merchant fees... I'm surprised they're doing this. Like I said, it makes it more like "all the other cards".

Well, it is clear though.

-mj