Can you upgrade from Blue Cash Everyday to Preferred?

You can upgrade from the Amex Blue Cash Everyday to the Blue Cash Preferred® Card from American Express. However, keep in mind that your Amex Blue Cash Everyday account has to be open for at least 12 months to be eligible for an upgrade.

Here’s How the Blue Cash Preferred Upgrade Works

• When you request an upgrade from Amex Blue Cash Everyday to Blue Cash Preferred, there’s no hard inquiry on your credit report. So, there’s no effect on your credit score.
• Approval for an upgrade typically takes just a few minutes. However, there’s no guarantee that you will be approved.
• If you are approved for an upgrade, your card number will remain the same. But you will receive a new card with an updated expiration date and security code.
• It usually takes 24-48 hours for the upgrade to be fully processed and for your account to be updated.
• It takes up to 10 business days to receive your new card after the upgrade was approved. You can use your old card until the new one arrives. However, you will only be able to access the new card's features and benefits once the new card has arrived and been activated.
• Your current credit limit and APR will carry over to the new card, as will your unredeemed rewards. But you won’t qualify for any introductory bonus offers unless they are cited in your upgrade offer from Amex.
• American Express usually sends targeted upgrade offers to Amex Blue Cash Everyday cardholders via mail, e-mail, or through their online account. Alternatively, you can call customer service at (800) 528-4800 to request an upgrade to Blue Cash Preferred.
• The Blue Cash Preferred card comes with an annual fee of $0 intro 1st yr, $95 after.
• In case you need to pay the $95 annual fee, you will be charged within 45 days of the upgrade. However, it will be a prorated annual fee, based on the remaining time until your next account anniversary date.

To increase the odds of getting an upgrade, make sure your Amex Blue Cash Everyday account is in good standing. That means a history of on-time payments and low credit utilization - ideally below 30 percent of your total credit limit.