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Amex Updates their Terms to Penalize those Gaming the Signup Bonus System

Regular Contributor

Amex Updates their Terms to Penalize those Gaming the Signup Bonus System

https://www.doctorofcredit.com/amex-updates-terms-penalize-gaming-signup-bonus-system/


FICOBeginning (6/2017)Current
Equifax636695
Transunion627683
Experian623707
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2 REPLIES
Valued Contributor

Re: Amex Updates their Terms to Penalize those Gaming the Signup Bonus System

That's right!! laying down the hammer!




FICO 8 Scores EQ 704 / Goal 750, EX 706 / Goal 750, TU 724 / Goal 750

FICO 9 Scores EQ 726 / Goal 750, EX 683 / Goal 750, TU 726 / Goal 750
Message 2 of 3
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Frequent Contributor

Re: Amex Updates their Terms to Penalize those Gaming the Signup Bonus System

I read this earlier today...not a churner but have the Delta Gold...don't really care that much for it, was thinking about cancelling before the fee hits, even though this applies to new accounts, I believe I will wait until month 13 to cancel (so I can transfer the line to another account and hopefully not be penalized by the new rule)....

Message 3 of 3