cancel
Showing results for 
Search instead for 
Did you mean: 

American Express Cash Magnet- Approved $12.5k

tag
FalconSteve
Valued Contributor

American Express Cash Magnet- Approved $12.5k

I have been helping my Dad choose some new cards (before we started, he just had two Bank of America cards).

 

PSECU Founders Card approved $30,000 last year

Chase only approved $4200 in May or June

AmEx approved $10,000 (better than Chase) today [EDIT: I was wrong, $10,000 was available, but $12,500 was approved]

 

He just decided to get an AmEx Cash Magnet card, which I helped him get. Unfortunately, he didn't get the instant account number and customer service has said they can't expedite the card because it's already processing through USPS, even though it hasn't been mailed yet.

 

They told us to expect it in 7-10 days (maybe business days), but that they usually arrive sooner. The tracking says to expect it on Nov 23. He is making a larger purchase on Nov 21, which would mean he needs his card by Nov 20.

 

Does anyone know how long it actually takes to get a new card?

 

Also, does anyone know if AmEx still does the 3x CLI despite the pandemic?

1/8/17 Discover $18300 CL- $1k SL- AU, wife
1/26/20 AmEx Cash Magnet $35k CL, wife
2/19/20 BB&T/Truist Rewards $11k SL- impulse application
2/22/20 Citi Double Cash WEMC $2.9k-->$4.4k-->$8.4k-->$13.4k-->$17.4k-->$19.4k-->$22.4k AU, wife
3/8/20 Wells Fargo Propel AmEx/Autograph VISA $2900-->$3200-->$5000-->$8800 CL- AU, wife
3/9/20 Truist Rewards $11k SL- AU, wife- impulse app
3/21/20 REDcard MasterCard (TD Bank) $2500-->$6000-->$6500 CL
11/24/20 AmEx Cash Magnet $10k SL-->36hr-->$20k-->$35k CL
6/10/21 SoFi World Elite MC (TBOM) $7000 SL
1/19/22 AppleCard/GS $6k-->$10k-->$11k AU, wife
8/15/22 Chase freedom flex $10.3k SL-->$12.5k-->$15k AU, wife
7/5/23 Lowes/Synchrony $4k-->$10k-->same day-->$35k CL
8/2/23 Chase freedom flex $19k --> $22.8 CL
8/2/23 Discover $8k SL
Message 1 of 13
12 REPLIES 12
gdale6
Moderator Emeritus

Re: American Express Cash Magnet- Approved

Grats to your father on his CashMagnet Smiley Happy

 

3x is still intact.

Message 2 of 13
M_Smart007
Legendary Contributor

Re: American Express Cash Magnet- Approved

Congratulations to your DD on his Amex CM Approval..

Message 3 of 13
AllZero
Mega Contributor

Re: American Express Cash Magnet- Approved

Congratulations on DD approval!

Message 4 of 13
blindambition
Senior Contributor

Re: American Express Cash Magnet- Approved

Congrats on the approval!! I've never had an Amex card take more than 5 days for delivery. 
The only time I remember long delays, when they released rose gold color for gold.

Message 5 of 13
TSlop
Valued Contributor

Re: American Express Cash Magnet- Approved

Congrats on his approval!

Message 6 of 13
FalconSteve
Valued Contributor

Re: American Express Cash Magnet- Approved


@blindambition wrote:

Congrats on the approval!! I've never had an Amex card take more than 5 days for delivery. 
The only time I remember long delays, when they released rose gold color for gold.


Thanks, I really appreciate the feedback.

 

One more question, 5 calendar day, 5 business days (M-F minus holidays), or 5 postal days (M-S minus holidays)?

My Dad will ask me, even though all 3 would be in time

1/8/17 Discover $18300 CL- $1k SL- AU, wife
1/26/20 AmEx Cash Magnet $35k CL, wife
2/19/20 BB&T/Truist Rewards $11k SL- impulse application
2/22/20 Citi Double Cash WEMC $2.9k-->$4.4k-->$8.4k-->$13.4k-->$17.4k-->$19.4k-->$22.4k AU, wife
3/8/20 Wells Fargo Propel AmEx/Autograph VISA $2900-->$3200-->$5000-->$8800 CL- AU, wife
3/9/20 Truist Rewards $11k SL- AU, wife- impulse app
3/21/20 REDcard MasterCard (TD Bank) $2500-->$6000-->$6500 CL
11/24/20 AmEx Cash Magnet $10k SL-->36hr-->$20k-->$35k CL
6/10/21 SoFi World Elite MC (TBOM) $7000 SL
1/19/22 AppleCard/GS $6k-->$10k-->$11k AU, wife
8/15/22 Chase freedom flex $10.3k SL-->$12.5k-->$15k AU, wife
7/5/23 Lowes/Synchrony $4k-->$10k-->same day-->$35k CL
8/2/23 Chase freedom flex $19k --> $22.8 CL
8/2/23 Discover $8k SL
Message 7 of 13
blindambition
Senior Contributor

Re: American Express Cash Magnet- Approved

I've had them for years. Platinum and gold were always expedited when I had them.

Credit cards have never been more than 5 business days, not including holidays.

Message 8 of 13
Conceptual23
Frequent Contributor

Re: American Express Cash Magnet- Approved

Congratulations on the approval. 

Starting FICO 8s | 06/2018: EX 601 ✦ EQ 605 ✦ TU 590
Current FICO 8s | 9/2022: EX 732 ✦ EQ 739✦ TU 743
2023 Goal Score: 760+





Business Cards:


Message 9 of 13
CreditAggie
Community Leader
Super Contributor

Re: American Express Cash Magnet- Approved

Congratulations on DD's Amex Cash Magnet approval!

Current Cards (in order of approval):

         
Current FICO 8 | 9 (April 2024):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 10 of 13
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.