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AmEx Cash Magnet Approved $10,000!!!

tag
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)

Screen Shot 2018-06-17 at 6.25.03 PM.png

Message 1 of 12
11 REPLIES 11
AverageJoesCredit
Legendary 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
Anonymous
Not applicable

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

Congratulations!

Message 4 of 12
Anonymous
Not applicable

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

Congrats on approval and very nice SL

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 2.0+M+
___________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 SEP 2023 (TU 834) (EQ 831 (EXP 831)

“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
Anonymous
Not applicable

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

Congrats to you!!!

Message 10 of 12
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