AMEX Cash Magnet Approval - 24.5K SL

[Anonymous]

I have a large purchase coming up and have been wanting to get in with AMEX.  Wanted something with no AF and cash back with intro 0% for 15 months. Since I am utilizing Chase UR, didn't really want to complicate my rewards strategy by opening an MR card.  Used a referral offer from DW's BCP and applied for the Cash Magnet with a special $ 250 SUB. DW got the $ 75 referral bonus as well!  Was approved for SL of $ 24,500, the largest single CL of any of my cards. I guess AMEX wanted the top spot LOL.

Here are some DP's:

FICO 8's   

EQ    830

TU    794

EX    808

No derogs

100% on time

UTI across all cards  4%

Inquiries last 12 mos    EQ: 1  TU: 4  EX: 4

AAoA   9 yrs

AoOA 29 yrs 11 mos

Income ~ 150k

[LittleSal]

Congrats! Awesome SL!!

[AverageJoesCredit]

Wow, looks like you have the Top Profile that is bulletbroof. Amazing job and approval

[Anonymous]

Congrats o your approval and monster SL !!!!

[xaximus]

Congrats on the awesome SL!

[pinkandgrey]

Wow that’s the biggest SL I’ve seen for the Magnet. Congratulations!!!

[Marz2002]

YOU...

CONGRATS on the Approval, the LEGENDARY SL, Thanks for the DPs, and Welcome to the AmEx family!!!

[TyRacing]

Congrats! and sweet SL! 

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@Anonymous wrote:

Used a referral offer from DW's BCP and applied for the Cash Magnet with a special $ 250 SUB. DW got the $ 75 referral bonus as well! 

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Did she get the $75 referral bonus posted right away? or within 8-12 weeks? Thanks for sharing

[Anonymous]

This is interesting I need to see if I can do the same for DW w/ my BCE

[Anonymous]

The referral bonus posted within a week of my approval.