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!