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AmEx Cash Magnet Approved $10,000!!!

credit_is_crack
Valued Contributor

AmEx Cash Magnet Approved $10,000!!!

Decided to step out of the garden to bank on this SUB. Wasn't sure if I'd be auto-denied since I reached maximum exposure with Amex when opening 2 business accounts 3 months ago (between personal and business was capped at $49,000).

 

Found the card on my pre-approved list, filled in the income field and hit submit - Instant Approval for $10,000!!! Noice!!

EX Fico8 - 779; 8 Inq in last 12months, 1 in last 6 months, Util 0%

 
This brings my AmEx exposure to $59,000 over 5 revolvers (3 personal, 2 business):

  • Amex Blue Cash Preferred ($25,000 -- opened 10/2015)
  • Amex Premier Rewards Gold Card (NPSL $20,000 POT -- opened 10/2015)
  • Starwood Preferred Guest Amex ($5,000 -- opened 09/2017)
  • Amex Blue Business Plus ($9,000 -- opened 02/2018)
  • Lowes Business Rewards Amex ($10,000 -- opened 02/2018)
  • Amex Cash Magnet ($10,000 -- opened 06/2018)

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Message 1 of 12
11 REPLIES 11
AverageJoesCredit
Mega Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

Super grats CICSmiley Happy NICE LIMITSmiley Happy
Message 2 of 12
Aspireto850
Established Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

Nice approval! That's the next card I want to get. Amex has been promoting the heck out of this Cash card. Please report back after a few months and let us know how you're enjoying it.

 

 









Message 3 of 12
Jude_Bray
Frequent Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

Congratulations!



STATUS: Gardening until October 30, 2019
CURRENT FAVORITE CARD: American Express Rose Gold Card
Message 4 of 12
VoltronM
Senior Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

Congrats on approval and very nice SL

8-2019 / Fico 8 EX 8013 , EQ 8016 , TR 810
Amex ED 22k , CSP 17k , Discover iT 12.5k , Fifth Third Bank S2C 12k , BofA Cash Rewards 10k , Avianca Vida 10k , State Farm Good Neighbor Visa 10k , Citi DD 6k , Union Bank Rewards 5k
Message 5 of 12
Mahraja
Valued Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

copy cat (limit) Smiley Tongue  so nice to see it buddy congratsSmiley Wink

Profile Worth 1.7M+
___________R.a.j
"Be Stronger Than Your Strongest Excuse"
Message 6 of 12
drboxing
Established Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

That's a really nice SL, congrats
Message 7 of 12
credit_endurance
Valued Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

Crack is back! 😉...Congratulations on the card and nice SL!

Starting FICO08 Scores 2016 All in the mid 500’s
Current FICO08 Scores Jan 2021 (TU 776) (EQ 773) (EXP 760)
$700k+ Tradelines in progress
Gardening Reset: February 2022
“The credit is no longer bruised, it has endured the test of time” (formally know as bruisedcredit)
Message 8 of 12
credit_is_crack
Valued Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

Thanks, AJC & Jude!

 
@Aspire, you know I had not seen this anywhere but I have been making deliberate attempts to stay away from temptations lol
 
@Voltron, Thanks! 
 
@Mahraja - at first I thought it said $1,000 and thought, **bleep** jumped the gun too early, but then realized it was $10,000 lol sometimes it feels good to feel stupid Smiley Very Happy It does look like there are some good returns as people apply, but it does seem a bit tight on SL’s. I think I saw a post for a $19.9k approval which is crazy lol 
 
@drboxing, Thanks!
 
@bruised - back like a ninja!! I think I’m getting the hang of “you don’t have to apply for everything all at once” lol I actually started thinning the heard a few months back, you know to make room for SUB cards lol
Message 9 of 12
WhatTickaWhat
Established Contributor

Re: AmEx Cash Magnet Approved $10,000!!!

Congrats to you!!!



[Penfed Platinum Rewards 10k][TD Ameritrade-2k][BOA Cash Rewards 22k][NFCU cashRewards 33k][TDcash 5k][IHG 14.2k][BOA 15.8k][Amazon Prime Store 10k][Amazon PrimeVS 500][Amex BCE 6k][WellsFargo CashWise 14k][PNC Core 24.5k][WalmartMC 11k][SearsMC 15k][Lowes 35k][Toyota 21k][Capital One 5250][BP 10k][Home Depot 24.2k][Chase FU 6.6k][Discover 22.5k]
- [BOA CR $12.5k][Amex SC+ $13.5k][Amex B4B $35k][Chase Ink $45k][PNC $26.5k]
BT'oholic and OPM Lover! Chunk'n it hard and often!
Message 10 of 12
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