AMEX doing "mass" shutdowns.
Nov 21, 2019, 10:32 pm
#166
FlyerTalk Evangelist
Join Date: Mar 2006
Location: DFW
Programs: AA 1M
Posts: 31,475
I have 5 Amex credit cards and just tried to apply for the DL Reserve. Denied due to the limit. Most of the 5 cards were applied for less than 12 months away. If I close one account down to open the new Reserve, will that be a case to shutdown?
Nov 22, 2019, 12:47 am
#167
Join Date: Nov 2013
Location: PHX, SEA
Programs: Avis President's Club, Global Entry, Hilton/Marriott Gold. No more DL/AA status.
Posts: 4,422
Amex USA terms now penalize:abuse,misuse,gaming;1st yr downgrade/close;leaked offers.
Nov 22, 2019, 7:34 am
#168
Join Date: Aug 2007
Location: Truth or Consequences, NM
Programs: HH Diamond, Marriott Titanium, Hertz President's Circle, UA Silver, Mobile Passport Unobtanium
Posts: 6,195
On the other hand, you have apparently opened five AMEX cards in the last year....? Might be asking a bit much for another.
I doubt you'd be shut down but you may be denied the sign-up bonus. Only one way to find out.....
Nov 23, 2019, 3:03 am
#169
Join Date: Sep 2018
Posts: 12
I think I'm fairly safe, to this point, because I have a strong credit score, have a Plat, Bonvoy Brilliant, and 3 Hiltons: Aspire, Ascend, and Honors. However, being military and not paying annual fees makes me wonder if I should follow through on upgrading the lower two Hilton cards. I think until I hear about account closures for that alone, it may be worth the risk. Aspire is worth too much not to try.
Nov 23, 2019, 1:22 pm
#170
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,767
But you are risking a claw back on the signup bonus on the closed card since closing a card before 12 months are up, is a listed reason for losing the bonus, as well as being deemed an unwanted customer - hence the pop up warning in your next application. Not sure why after 2 years or so the clearly worded clauses are in the T&Cs together countless DPs on the consequences, people still do not think about such.
Also since all 5 AMEX cards were open within the past 12 months, your profile does not look desirable in their system - hence there are hidden risks down the road.
Nov 25, 2019, 8:44 am
#171
FlyerTalk Evangelist
Join Date: Mar 2006
Location: DFW
Programs: AA 1M
Posts: 31,475
Many people (successfully) call in to close one of their five existing AMEX credit cards and are then approved for the one in "limbo", which is the situation in which you find yourself.
On the other hand, you have apparently opened five AMEX cards in the last year....? Might be asking a bit much for another.
I doubt you'd be shut down but you may be denied the sign-up bonus. Only one way to find out.....
On the other hand, you have apparently opened five AMEX cards in the last year....? Might be asking a bit much for another.
I doubt you'd be shut down but you may be denied the sign-up bonus. Only one way to find out.....
No.
But you are risking a claw back on the signup bonus on the closed card since closing a card before 12 months are up, is a listed reason for losing the bonus, as well as being deemed an unwanted customer - hence the pop up warning in your next application. Not sure why after 2 years or so the clearly worded clauses are in the T&Cs together countless DPs on the consequences, people still do not think about such.
Also since all 5 AMEX cards were open within the past 12 months, your profile does not look desirable in their system - hence there are hidden risks down the road.
But you are risking a claw back on the signup bonus on the closed card since closing a card before 12 months are up, is a listed reason for losing the bonus, as well as being deemed an unwanted customer - hence the pop up warning in your next application. Not sure why after 2 years or so the clearly worded clauses are in the T&Cs together countless DPs on the consequences, people still do not think about such.
Also since all 5 AMEX cards were open within the past 12 months, your profile does not look desirable in their system - hence there are hidden risks down the road.
Nov 25, 2019, 10:10 am
#172
Join Date: Jul 2010
Posts: 1,224
Wonder if I raise my risk chances by requesting Retention Offer on AMEX Gold Biz card (2 self-referrals are the only gaming I've done)....or just pay the AF and keep it another year ... just quietly cancel the card and hope that helps me stay under any AI/machine learning algos!
Decision! Decisions!
Decision! Decisions!