I've been an American Express holder since 1992 (Green card). About 2004/5 I opted for the AE Costco card for the 3%, 2%, 1% cash back program. In Mar '09 I talked with an AE rep about the AE Blue card, which advertises 5% cash back, and completed an over-the-phone application. I was told AE would transfer the balance (zero, as I pay in full each month) from my Costco card to the new card. When I received the Blue card I noted it was the same number as the Costco card, so was not really a new account. The literature informed me - for... read full review »