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New American Express Cash Magnet Card

tag
kilroy8
Super Contributor

Re: New American Express Cash Magnet Card

Well, I have the QS (SD'ed), and Freedom Unlimited (in use for misc spend).

 

Need it like a hole in the head. Unless SUB gets more enticing, I'll pass for now.

Message 111 of 376
jaytatis
Established Member

Re: New American Express Cash Magnet Card

any point in PC to this from an Amex Everyday Card

Scores Via CreditKarma TU 814, EQ 814

BOA Cash Rewards 70,000 CL
Discover IT 33,200 CL CL
Chase Sapphire 31,500
American Express Everyday 20,000 CL
American Express Blue Cash Everyday 20,000 CL
Citi Double Cash 26,100 CL
Citi Diamond Preferred 21,100 CL
Sync Care Credit 20,000
Apple Card 15,000
Message 112 of 376
UncleB
Credit Mentor

Re: New American Express Cash Magnet Card


@jaytatis wrote:

any point in PC to this from an Amex Everyday Card


You can't PC from an MR-earning card (like the Everyday).

 

If you're talking about the Blue Cash Everyday, then it might be possible if you don't mind forever forgoing the sign up bonus.

Message 113 of 376
Anonymous
Not applicable

Re: New American Express Cash Magnet Card

Got this offer, too, right after getting my platinum. 

like everyone else says, no thank you. I like the Blue Cash rewards structure since most of my meager spending is on groceries. Of course, I hate how late cashback posts and the few ways to redeem it. This doesn't seem like an improvement, but more an updated version of the ill-fated Zync. Curious to see how long it lasts. 

 

Interesting that someone said early on to lobby to add restaurants as a bonus category--that would be great, and bring my BCE up to a great all-rounder, especially since my Discover IT-turned-Chrome double bonus is ending. 

Message 114 of 376
Anonymous
Not applicable

Re: New American Express Cash Magnet Card

Guess I’ll take a peek to see if I’d get the sub 😬

Message 115 of 376
wasCB14
Super Contributor

Re: New American Express Cash Magnet Card

 wrote:

Guess I’ll take a peek to see if I’d get the sub 😬

Can you peek? That is, can you check to see if you're eligible for a bonus...without actually submitting an application?

 

I haven't heard anyone mention a "Yes, you are eligible for the bonus. Would you like to continue?" screen. As I understand it, if someone is eligible for the bonus, the application proceeds.

Personal spend: Amex Gold, Amex Schwab Plat., BofA PR+CCR(x2), Costco
Business use: Amex Bus. Plat., BBP, Lowes Amex AU, CFU AU
Perks: Delta Plat., United Explorer, IHG49, Hyatt, "Old SPG"
Mostly SD: Freedom Flex, Freedom, Arrival
Upgrade/Downgrade games: ED, BCE
SUB chasing: AA Platinum Select
Message 116 of 376
Smooth_J
Contributor

Re: New American Express Cash Magnet Card

This card was listed in my account, so I tried to take a stab at applying. Unfortunately or fortunately (depending on how you see it), it was a SP and I was denied. The details of the denial indicated a report from 5/12 and my score was 659 (my score has since jumped to 681), so I called their reconsideration line and now it is "in progress". I currently have a PRG in good standing, and its roughly ~3 months old. 

Message 117 of 376
CreditCuriosity
Moderator Emeritus

Re: New American Express Cash Magnet Card


@wasCB14 wrote:
 wrote:

Guess I’ll take a peek to see if I’d get the sub 😬

Can you peek? That is, can you check to see if you're eligible for a bonus...without actually submitting an application?

 

I haven't heard anyone mention a "Yes, you are eligible for the bonus. Would you like to continue?" screen. As I understand it, if someone is eligible for the bonus, the application proceeds.


No you cannot once you hit submit that is when it tell you aren't eligible do you still want to proceed or you are approved or declined.  That is where it happens.  if eligible no screen

Message 118 of 376
UncleB
Credit Mentor

Re: New American Express Cash Magnet Card


@Anonymous wrote:

Guess I’ll take a peek to see if I’d get the sub 😬


Don't play coy... what's the verdict??  LOL Smiley Tongue

Message 119 of 376
CreditCuriosity
Moderator Emeritus

Re: New American Express Cash Magnet Card


@UncleB wrote:

@Anonymous wrote:

Guess I’ll take a peek to see if I’d get the sub 😬


Don't play coy... what's the verdict??  LOL Smiley Tongue


yes do tell; we know you applied spit it out...

Message 120 of 376
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