June 13, 2018
Amex Launches Sign Up Bonus Eligibility Tool
American Express has a blanket restriction on its credit cards which limits sign-up bonuses to once in a lifetime, per credit card. So if you’ve had a particular American Express card in the past and closed it, you won’t be eligible for another sign-up bonus if you apply for it again.
Amex has just launched a new welcome bonus tool to help customers check if they’re eligible for a sign-up bonus before they finish applying for a credit card. The process is fairly straight forward. Just go through the application process like normal.You’ll be prompted with an alert if you aren’t eligible for the bonus.
Overall this is a cool new tool. You could easily forget which credit card’s you’ve opened and closed in the past. This should help customers avoid an unnecessary credit report pull.
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