Originally Posted by
halamadrid
I think everyone should be worried. The "as well as other factors" means that they can deny you the bonus for whatever reason they choose. It also means that there is no way for you to argue that you are entitled to the bonus. My guess is that this language is meant to combat the CFPB complaints that some applicants have made in order to get Amex to issue the bonus or get some sort of compensation. I for one don't think I've done anything to warrant them withholding a bonus in the future and it gives me pause. If for whatever reason (glitch or mistake) you don't get a bonus they can just reply with that open-ended language as the justification for not fixing the glitch or mistake.
Seems like overly broad language to me.
The funny thing is AMEX is the one who approves all of these cards within a short period of time, and then turns around and complains that certain customers are eating away at their profits by collecting multiple bonuses in a short period of time.
Raise your underwriting criteria to not allow more than one approval every six months and not more than one bonus in a lifetime. Problem solved.