Noticed today that American Express has removed the Cash Magnet, AMEX Everyday, and AMEX Everyday Preferred cards from their website. Likewise, trying to manually go to the links for the cards' pages gives an error and does not load. I have not seen/heard anything from AMEX about this. Wasn't planning on getting any of these cards, but wasn't sure if anyone might know additional info regarding this apparent removal? They were not the most popular AMEX cards, but still seemed like the Everyday lineup of cards had a decent amount of users.
Am looking forward to what new cards, if that, they'll bring. The younger the cards the better, the older...refreshes tend to suck imo.
I have an Everyday which was originally a Blue (with Membership Rewards Express Points). I keep it alive solely for its contribution to my FICO profile as it's one of my oldest accounts with the highest standalone credit limit. Aside from its FICO role, I really have no need for such an obsolete product. I'm ardently hoping for a more contemporary refresh or the opportunity to convert to a Blue Cash Everyday. Fingers crossed.
The Lowes business card has also disappeared from Amex & Lowes.com
"
This could be good, always wanted another CC form AMEX that is not travel or charge card!
I admire your observation skills🧐
@OrangeRange wrote:I think they're just being discontinued. I'd be pleasantly surprised if they weren't.
The ED/EDP sort of cannabilize the MR charge cards that Amex would rather recommend and market due to their higher fees. It'd be great if they were refreshed but I doubt Amex wants to take attention away from the revamped Gold and potential Green & Plat revamps likely within the next year.
The cash magnet was just uncompetitive and the BCE is their go-to no fee cash back card now. Hopefully they eventually raise the BCP's base to 1.5% or 2% though.
I'd actually be most happy if they introduced consumer versions of the Blue Business Plus and Blue Business Cash. 2x or 2% on all spend with a $50k annual spend cap.