topic Re: Question regarding AMEX Plat bonus in Credit Cards

Question regarding AMEX Plat bonus

morgacj2004 — Tue, 29 Jan 2019 21:12:06 GMT

So I just cancelled my AX Plat Amerprise a few days prior to having the AF hit. As some of you known this card comes with a 0 AF for the first year (No bonus) making it a great way to experience Plat benefits without the AF. My wife was just approved for the AX Plat Amerprise and I will be an AU on her account. We will then go through the same proccess in 2020 with my re-applying for the card. Not sure how long this will last, but in case it does not work I am wondering if I would still be eligible for the regular AX Plat bonus as I have never had that card before. My wife had it a long time ago and I was an AU only. Does anybody know the answer to this one. No problem with my getting approved now as I already have 4 other AX cards 3 personal and 1 business.

Re: Question regarding AMEX Plat bonus

FinStar — Tue, 29 Jan 2019 23:02:13 GMT

It is my understanding that the SUB for the standard Platinum would be available since that's considered a separate product altogether.

I just recently got this same CC a few days ago (thanks @CreditCuriosity 😁). I believe the eligibility would hinge once you apply and whether the pop-up (or sometimes lack thereof) would make your profile ineligible.

I'll be considering the Schwab Platinum after I take this one for a spin. I'm assuming, other than the Ameriprise Platinum, and being AU on your wife's Platinum, you've never had the standard one as primary, correct?

Re: Question regarding AMEX Plat bonus

morgacj2004 — Tue, 29 Jan 2019 23:01:52 GMT

Correct I have never had the Vanila Plat card version. Only as an AU under my wifes account.

Re: Question regarding AMEX Plat bonus

K-in-Boston — Wed, 30 Jan 2019 01:50:27 GMT

Thought I would chime in to confirm FinStar’s thoughts. Every version of the Platinum card is considered a different product, so as long as you are otherwise eligible to receive A bonus, you would get THE bonus.

Re: Question regarding AMEX Plat bonus

Anonymous — Wed, 30 Jan 2019 02:31:51 GMT

@morgacj2004 wrote:
So I just cancelled my AX Plat Amerprise a few days prior to having the AF hit. As some of you known this card comes with a 0 AF for the first year (No bonus) making it a great way to experience Plat benefits without the AF. My wife was just approved for the AX Plat Amerprise and I will be an AU on her account. We will then go through the same proccess in 2020 with my re-applying for the card. Not sure how long this will last, but in case it does not work I am wondering if I would still be eligible for the regular AX Plat bonus as I have never had that card before. My wife had it a long time ago and I was an AU only. Does anybody know the answer to this one. No problem with my getting approved now as I already have 4 other AX cards 3 personal and 1 business.

I hope that you're aware that you will not receive the bonus that may exist on the Ameriprise version if you do in fact apply for the card again and are approved.

Re: Question regarding AMEX Plat bonus

morgacj2004 — Wed, 30 Jan 2019 05:40:08 GMT

There is no signup bonus for the Amerprise version. That is why there is no AF for the first year.

Re: Question regarding AMEX Plat bonus

FinStar — Wed, 30 Jan 2019 05:52:37 GMT

@morgacj2004 wrote:
There is no signup bonus for the Amerprise version. That is why there is no AF for the first year.

In the past, just not as frequent, there have been some targeted SUBs. Definitely not as lucrative as Schwab, Morgan Stanley or even the standard Platinum version, but I think in your case they'd be negligible since it appears it's a 'rinse and repeat' process.

The only thing that I can think of, highly speculative but one never knows, is the possibility that their internal systems may eventually 'flag' the Ameriprise repeat behavior and not award the SUB.

Re: Question regarding AMEX Plat bonus

morgacj2004 — Wed, 30 Jan 2019 06:11:38 GMT

I realize that Fin Star and that is the price of playing this game. But after a few years of having no AF will certainly offset not getting a bonus.

Re: Question regarding AMEX Plat bonus

FinStar — Wed, 30 Jan 2019 06:15:59 GMT

@morgacj2004 wrote:
I realize that Fin Star and that is the price of playing this game. But after a few years of having no AF will certainly offset not getting a bonus.

Good luck on your upcoming AmEx Plat application!

Re: Question regarding AMEX Plat bonus

jdbkiang — Wed, 30 Jan 2019 10:26:59 GMT

I thought the highest ever bonus on the Ameriprise Plat was 25K anyway, right? Given that that's the case, one year's AF should be more than worth not getting that bonus.

Edited to ask: Does anyone know if having the Ameriprise Plat lowers your chances of getting the 100K vanilla Plat offer?

Re: Question regarding AMEX Plat bonus

FinStar — Wed, 30 Jan 2019 16:30:37 GMT

@jdbkiang wrote:
I thought the highest ever bonus on the Ameriprise Plat was 25K anyway, right? Given that that's the case, one year's AF should be more than worth not getting that bonus.

Edited to ask: Does anyone know if having the Ameriprise Plat lowers your chances of getting the 100K vanilla Plat offer?

I don't think there's actually any solid DPs or evidence that can either confirm or disprove such notion.

Re: Question regarding AMEX Plat bonus

Anonymous — Wed, 30 Jan 2019 21:05:16 GMT

I think you may be treading in dangerous waters with this maneuvar with AMEX, canceling and then signing up for the same card again, even though their is no bonus. They may outright close all your accounts because they would see you as unprofitable, reaping rewards and never paying an annual fee. It perpetuates it even further since they can see that you are adding each other as AU every other year. Just my two cents that you should not continue with it...

Re: Question regarding AMEX Plat bonus

morgacj2004 — Thu, 31 Jan 2019 03:48:45 GMT

Only problem with your theory Kuso29 is that I have been a member since 1989 and put a lot of spend on my Amex cards.