Amex is continuing to tighten up the welcome offer restrictions on some of its cards. Recently we saw new restrictions added to welcome offers on Delta Amex cards and the welcome offer on the Amex Gold Card, and now we’re seeing new restrictions added to the Amex EveryDay Card.
Continue reading: New Amex EveryDay Card Welcome Offer Restrictions
Share your questions, experiences, and thoughts below.
While this doesn't affect me directly, their multiple recent changes show the direction their management is heading.
Time to reconsider how much expenses I need to charge on a different card.
Any strategies with getting new cards while cancelling older cards to get under the 5 limit? Trying to get some bonus before it's not a thing anymore.
This was a card I had on my radar, but after getting pop-up jail for the deal Amex had on the green card, my guess is they are really trying to restrict the bonuses to existing customers and work to bring in new customers. I have a sneaking suspicion that economic factors, as well as regulatory and legislative factors may be significantly restricting the ability for everyone to earn bonuses.
I redid my AmEx cards as part of the SkyMiles changes. Interestingly, I had a better offer to upgrade an existing AmEx card to the Everyday Preferred (25K MR points) than for applying for one outright (15K MR points). And they gave me the choice of upgrading either the old AmEx Blue card I was only keeping for credit score purposes since I’ve hard it since 2007 or an existing no fee Everyday card, So seemed like a logical choice to upgrade said generally useless AmEx Blue to the Everyday Preferred.
One thing I think Amex is courting trouble with, long-term, is that they're eventually going to lock out folks who walk away for a while (e.g. the DL folks who dump their cards in response to that whole disaster area). A more sensible policy would be to lock folks out who had the "fancier" card for a few years, but not permanently.
Oh, they'll probably lighten up if/when either the economy turns or interest rates drop.
If you haven't yet had the Green Card, apply for it now before the family-language gets added to its welcome bonus as well.
From there, you can upgrade to the Gold or Platinum if you are ineligible for their welcome bonuses. You may even get an upgrade bonus in the process.