AMEX Application Rules Update (1/5, 2/90, Once in a Lifetime)

The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

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[tracygilbert]

I have none of these cards, but I love hearing your card strategy.

[soccerplr]

I'm so glad I found your channel!! You, Brian Jung, and Credit Shufu have taught me so much about credit. Thanks for teaching me so much and keep up the great work.

[Hyuksel]

Definitely less restrictive than Chase in my opinion. I just want to round out my 5/24 already and work on my Amex lol

[joshdrexler]

My annual fee on my platinum card did contribute to my minimum spend requirement. Points were released to me before a true $5k was spent

[roaddogg]

This is really fascinating. I've typically been more of a Visa person. However, I just got an Amex Green (really liked the 3X multipliers on a wide range of travel categories) Once I achieve the spend Bonus I'm thinking of going for either the Platinum or Hilton Aspire. Sounds like it should be fairly easy and straightforward.

[toothybj]

True that if you’re already an AmEx customer - no hard inquiries for new applications. I got the Blue cash everyday a couple years ago (hard inquiry then), but more recently applied for (approved) the Platinum and no hard inquiry.
In addition, i also applied for another one of their cards & was denied, but still no hard inquiry.

[gordonmccracken]

Do I get Points for giving you a thumbs up?

[keshi]

In the UK they’ve stopped giving sign up bonuses on Amex if you’ve held a similar card before within 24 months (ie even if you cancelled your Gold card 15 months ago and you apply for the platinum one, you won’t receive the platinum sign up bonus)

[yz]

08:06 A new Amex card every 2-3 months? Amex only have around 20 cards and a 5 card cap rule. What’s the benefit of opening new cards so frequently???

[ecaro]

Would paying a mortgage count towards the spend amount to aquire the 60k?

[CornFed_]

I’m one of the unfortunate members to have a pop-up for every application. I’m pre-approved for every card AMEX offers and still have the pop-up show up. Even after speaking with customer service, they told me that AMEX reserves the right to extend, or hold onto, any bonus. It doesn’t make any sense to me. I currently have 2 AMEX cards and went to apply for a 3rd today and received the pop-up. I canceled my application in disgust. I’m not sure what it’ll take for it to go away. I want the Gold/Platinum bonuses 🙄🙄

[alexc]

What I’m wondering is if Plastiq raises a flag for manufactured spending for AmEx. I’m seeing it’d be cheaper to use Plastiq than use a conventional balance transfer.

[davidlinesq]

Hi Sebby just wanted to share a DP. I applied for the personal AMEX Delta Platinum on 2/21 and then the business AMEX Delta Reserve on 2/23. I was worried about the 1/5 rule but got approved for both (had to call in for the reserve approval).

[johnoverton]

Sebby, really like your advice and how you break it down. I'm working on my next card to pick up before years end. Already heard your advice about not upgrading the Ascend to Aspire, but opening up a new Aspire and then possibly downgrading the Ascend card but as you say, maybe not until I have have it over 12 months, so for me that means 23 months. Great advice!! If I would have heard some of it earlier I wouldn't have chosen the Amex HH Ascend card to begin with.

[dejonmasters]

Appreciate you bro. Keep up the good work

[Mr_NB]

Can you do a video of the complete strategy you lay out briefly @ 8:37 taking into account the updated rules? Maybe that is the early, mid, late strategy recommendations for 2019?

[Ron-qeul]

Current Amex cc lineup... EDP, Aspire, Marriott biz, Delta gold biz, BBP. Definitely canceling the Delta gold biz later this year after the af hits. Not sure what I'll replace it with or when... probably just keep that spot open

[jf]

My Platinum Schwab application was cancelled due to having regular Platinum within 90 days, so charges cards are affected by 2/90. At least for me.

[Anthonyjones-pqff]

I got a hard i quarry when I apply the second time from Amex turned down for Blue preferred card lol but got the Gold rose 🌹 card the first time go figure

[WHERESSS]

When I signed up for my PRG back in 2011, I signed up through a direct mailer for 25k MR after 2k spend. I called in after seeing people getting 75k MR after $500(insane, probably will never come around again) spend and they matched it no problem. >1 min phone call. Boy how the times have changed...