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Is This the American Express Version of 5/24? New More Restrictive Amex Rules and Bonus Qualification Tool in Action

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Banks have continued to clamp down on people churning credit cards to earn sign-up bonuses. They want customers to keep cards for years because sign-up bonuses are loss leaders to earn our business. In keeping with this trend, American Express has added new language restricting sign-up bonuses based on the number of cards you’ve recently opened or closed, even with other banks.

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