American Express Removed $25 Minimum Redemption Amount for AMEX Old Blue Cash Credit Card (OBC) on July 14

Good afternoon everyone, happy Friday!  In news that probably only matters to me, there is a positive change on the American Express Old Blue Cash Credit Card (OBC).  I was reviewing my recent credit card statement and saw that American Express removed the $25 minimum redemption amount, effective July 14, 2022.  As far as I remember, this credit card has had the $25 redemption threshold since I initially got this credit card back in 2014.  I decided to check it out and redeem my entire balance… all $15.07 of it :)

I signed into my AMEX online account, went to my OBC, and clicked the Explore Rewards button.

I then clicked the Get Started link to redeem my rewards.

Here is how the statement credit works…

I entered my entire rewards balance and clicked the Continue to Review button.

According to the terms and conditions, the statement credit will appear on my account within 3 days.

I reviewed the amount and clicked the Redeem Now button.

Success, I cashed in my $15.07 in rewards and my new rewards balance is $0.

I clicked the Rewards Summary tab to view my recent reward activity.  As you can see, I earned 73 cents with my OBC this year and have 3 more cents on the way.  Woo hoo!

I also received an email with the details of the reward redemption.

If you have any questions about the OBC, you will need a time machine to travel back a few years to when the OBC was relevant and super useful.  If you have any questions about the redemption process, please leave a comment below.  Have a great weekend everyone!

6 thoughts on “American Express Removed $25 Minimum Redemption Amount for AMEX Old Blue Cash Credit Card (OBC) on July 14

  1. Tim

    Ive had the OBC since the good ole days as well. In the right part of the country it still proves to be quite useful. :)
    Ive never pushed the upper limits that were reported years ago but its been a steady, reliable cash back card for many years now.

  2. Alex

    I remember the old days too! I think I got it because of you ! Had to hit $6500 … then after that every $500 Visa gift cards was pure 5% cash back heaven . Load to bluebird at Walmart , rinse and repeat. I made a friend at Walmart who helped me with it at first bc he was doing it himself hahaha . Then it died after a few months when Walmart started shutting down deposits . Fun memories of $20 a pop or so per card after the initial work lol ….
    I do remember one time getting scammed by stolen visa gift cards where people would open them up then skim the #s then put them back in. I think you helped put my post on it!

    1. Grant Post author

      Hey Alex, yes, those were the days! I stopped MSing on the OBC years ago, so I’m not sure why I still have it around, I just have never had to get rid of it to make room for another AMEX CC. Ya, those VGC scammers are pretty sophisticated. I think the scam still happens at Ralphs / Kroger grocery stores in SoCal, so I have never bought another VGC from that store since.

  3. CardShark

    The OBC is one of my oldest credit cards, which is why I keep it, alongside of the Blue Sky card!
    I’d have to get rid of three Amex cards to be able to add one, so I figure, why bother?

    1. Grant Post author

      I’m actually considering product changing my AMEX Old Blue Cash to an AMEX EveryDay, maybe I’ll get an upgrade offer sometime in the future.


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