Last week I wrote about how AMEX added new language to their credit card applications stating that they reserve the right to deny a signup bonus based on your history of opening and closing AMEX cards.
Today AMEX has added a popup system that will tell you if you will not get the signup bonus. Unfortunately the only way to check on your eligibility is by submitting a credit card application.
I wanted to see how it works firsthand, so I tried applying for an AMEX Platinum card, despite having one. After clicking submit this popup came up:
I clicked cancel application and got this page:
There is another version of the popup that says that you won’t get the signup bonus “Based on your history with American Express welcome offers, introductory APR offers, or the number of cards you have opened and closed.”
Lots of questions remain.
If you don’t get the popup, will that guarantee a signup bonus, or will your history with AMEX still play a factor?
Many people have reported that after about 6 or 7 years you can get an AMEX signup bonus, despite the once in a lifetime language. Will the popup check back if you have ever had the card, or will it also look back 6-7 years?
Overall though, it’s a good thing that AMEX is adding some clarity to a vague policy.