Editor’s Note: Sorry these offers expired and are no longer available.
The other day I wrote about the fact that American Express has decided to scale the cash back rebates on gasoline purchases made at U.S. stand-alone gas stations made with their SimplyCash Business Card from American Express OPEN from 5 percent to 3 percent.
A reader named EN was particularly displeased by this turn of events given that he had just applied for the card, and hadn’t even received it yet.
I have since heard from EN that he contacted American Express customer service and was assured that SimplyCash Business Card from American Express OPEN cardholders such as himself would receive “the same reward structure for the next 12 months.” In other words, he should be getting 5 percent cash back for the next 12 months, at which time he’ll be downgraded to 3 percent cash back on gasoline purchases made at U.S. gas stations.
EN also inquired about the possibility of converting from the SimplyCash Business Card from American Express OPEN to a consumer card like the Blue Cash Everyday Card from American Express. As it turns out, at the time of this original post, American Express is fine with people converting from business cards into consumer cards and vice versa as long as they are the same general type for example credit vs. charged cards. Since both the SimplyCash Business Card from American Express OPEN and Blue Cash Everyday Card from American Express cash back cards are credit cards, there shouldn’t be a problem with doing the conversion. However be sure to check offer details and the terms and conditions before you convert because if you had the same American Express card in the past twelve months or any other consumer Blue Cash card within the last 90 days you will not be eligible for welcome bonus offers. Terms and restrictions apply.