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Switch to Amex Cash Magnet Card and get $200 after spending $1000 YMMV

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I have AMEX Blue card, Just received this email. Not sure if it is only for selected users, so YMMV. EMail subject 'Switch to the Cash Magnet Card'
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Say Hello to Unlimited 1.5% Cash Back.

Switch to the American Express Cash Magnet Card to Earn a $200 Statement Credit after you spend $1,000 in purchase on your new Card within the first three months.
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Created 07-18-2019 at 04:39 PM by SereneDeals
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#2
Is there an annual fee?
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#3
Quote from takhyon
:
Is there an annual fee?

No annual fee. 0% promo APR for the 1st 15 months.

This particular bonus offer is definitely YMMV (might be limited only to current Amex cardholders who were specifically targeted). The general going rate is $150 back after $1000 in purchases during the 1st 3 months.
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Last edited by legsdiamond July 18, 2019 at 06:26 PM.
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#4
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#5
i have the offer for the preferred version $95 annual fee $250 reward
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#6
Quote from legsdiamond
:
No annual fee. 0% promo APR for the 1st 15 months.

This particular bonus offer is definitely YMMV (might be limited only to current Amex cardholders who were specifically targeted). The general going rate is $150 back after $1000 in purchases during the 1st 3 months.
not YMMV, just opened it under private browser mode
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#7
Approved. Clicking the link was $150. In private mode $200.
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#8
Is a product change hard pull?
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#9
If I change from my blue to this magnet. Would the age of my account reset?

My blue card is my longest standing cc and I would assume my credit score would be effected if its dropped.
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#10
Quote from Aogen
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Is a product change hard pull?
Product changes do not require hard pulls.
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#11
Quote from stolenteg
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If I change from my blue to this magnet. Would the age of my account reset?

My blue card is my longest standing cc and I would assume my credit score would be effected if its dropped.
Age of account stays the same. You are not closing the account.
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#12
That link only says new card member. It doesn't say switch.
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#13
Quote from Fanime
:
Product changes do not require hard pulls.
How do you "switch" while still using the link to get the bonus?
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#14
Why switch though? Blue Cash gives you 3% supermarkets.

BoA Cash gives you 3% online purchases.

That extra 0.005% is not much. For $10,000, it's $50.

Is it the Chase Slate like benefit for those that float money? You get it for the 15 month 0% APR?
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#15
Quote from snowcrash
:
Why switch though? Blue Cash gives you 3% supermarkets.

BoA Cash gives you 3% online purchases.

That extra 0.005% is not much. For $10,000, it's $50.

Is it the Chase Slate like benefit for those that float money? You get it for the 15 month 0% APR?
ditto, I wouldn't want to lose that grocery 3%
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