April 13th, 2014
Update: Just over 2 weeks remain until the new rules are implemented. It can take up to 2 weeks for a card approval, so if you’ve ever had some AMEX cards in the past, now is the time to go for a last round of card applications as with the new rules you can’t get another bonus for cards approved after April 30th.
DansDeals and DDF broke the news online a month ago that American Express would go from allowing people to get repeat bonuses on consumer cards every 12 months to never allowing someone to get a repeat bonus if they’ve ever had the card in the past. This was leaked by their chat reps who are happy to quote new policies verbatim. The information that chat reps have is that the new rules will go into effect for cards that are approved beginning in May.
Indeed since then consumer applications have been updated to say, “This offer is also not available to applicants who have or have had this product.”
-Chat reps are saying that those rules are not yet in effect and will go into effect in May. They say that it has been included on applications only in case the card isn’t approved before May.
-There are already several reports from people who have applied for a card in the past few weeks for a card with the new language and have already gotten the bonus, so that confirms what the reps are saying.
So if you want a card, now is the time to get it so that your approval get be processed before the new rules are implemented.