American Express cards are excellent for churning, earning lots of points quickly. One could easily get the same card over and over, and get the welcome bonus. However, American Express has just attached the following term to all of their Membership Rewards cards on normal applications:
This offer is only available to new American Express® Gold Rewards Cardmembers. For current or former American Express® Gold Rewards Cardmembers, we may approve your application, but you will not be eligible for the welcome bonus.
This really sucks, and looks like AMEX is putting an end to churning. However, this exclusion is not currently applied to credit cards applied through a referral link. Whether they will be attaching this exclusion to the referral applications soon, I don’t know, but it would make sense if their goal is to put an end to churning. If you want to churn an American Express card, do so now. It is quite possible that you won’t be eligible for the sign-up bonus ever again if you’ve previously had the card.
Here are my referral links. As always, I am very grateful whenever you apply for a card through me, supporting this blog: