Comments on: AmEx Credit Card Signup Bonus Disappearing Soon http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/ personal finance tips, tricks, and commentary Sat, 21 Nov 2009 22:51:28 -0500 http://wordpress.org/?v=abc hourly 1 By: Kennethg http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/comment-page-1/#comment-68083 Kennethg Mon, 19 Feb 2007 00:50:31 +0000 http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/#comment-68083 The only card I ever had with rewards points, well, I'm still waiting on the rewards to get to me. I turned them in twice and still didn't get them. That card is history. The only card I ever had with rewards points, well, I’m still waiting on the rewards to get to me. I turned them in twice and still didn’t get them. That card is history.

]]> By: John W http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/comment-page-1/#comment-53699 John W Wed, 03 Jan 2007 18:27:35 +0000 http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/#comment-53699 Thanks for the info. All but one seem to have annual fees. Does anyone know if there are any other incentives after the first year? Or once they have you, they don't care anymore. Caution to folks trying to do this will all the mentioned cards, this will have a dramatic effect on your credit rating, you will be seen as a "credit seeker" and your score will reflect this. Each credit card you apply for (and cancel) will stay on your credit score for 7 years. Applying once or twice and canceling is fine, but after that your playing with fire when it comes to your credit rating. Trust me that's worth way more than the $150 you "make". Thanks for the info. All but one seem to have annual fees. Does anyone know if there are any other incentives after the first year?
Or once they have you, they don’t care anymore.

Caution to folks trying to do this will all the mentioned cards, this will have a dramatic effect on your credit rating, you will be seen as a “credit seeker” and your score will reflect this. Each credit card you apply for (and cancel) will stay on your credit score for 7 years.

Applying once or twice and canceling is fine, but after that your playing with fire when it comes to your credit rating. Trust me that’s worth way more than the $150 you “make”.

]]> By: nickel http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/comment-page-1/#comment-52414 nickel Wed, 27 Dec 2006 18:02:42 +0000 http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/#comment-52414 It's unclear to me whether or not the $100 really did expire, as the ad still shows it (albeit with an expiration date in the footnote). I went ahead and applied, and will post details once I hear back. In the mean time, you will still (at the very least) get the $50 credit, and the other deals are still good, so you can still net you a total of $400 across deals. It’s unclear to me whether or not the $100 really did expire, as the ad still shows it (albeit with an expiration date in the footnote). I went ahead and applied, and will post details once I hear back. In the mean time, you will still (at the very least) get the $50 credit, and the other deals are still good, so you can still net you a total of $400 across deals.

]]> By: Patrick http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/comment-page-1/#comment-52410 Patrick Wed, 27 Dec 2006 17:39:02 +0000 http://www.fivecentnickel.com/2006/12/27/juicy-amex-credit-card-signup-bonus-disappearing-soon/#comment-52410 It looks like, in the footnote, the $100 credit expired on 12/18/2006. Guess I won't apply for this one! It looks like, in the footnote, the $100 credit expired on 12/18/2006. Guess I won’t apply for this one!

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