Couple of data points coming in regarding an Amex rule change to 5 charge cards, 5 credit cards. Old timers apparently grandfathered in.
Wondering if anyone else on this site has any data points?
Can no longer have 10 amex platinums
byu/zinc41 inMilitaryFinance
“New limit for charge cards is 5 according to Amex customer service. Applied for 6th and was denied – called the number in the denial letter and the customer service rep confirmed the new limit.
The limit only applies to new accounts – they won’t make you close charge card accounts if you already had more than 5. Schwab/Morgan Stanley platinums still count toward the limit.They also mentioned that the limit is not advertised because it changes from time to time. Credit card limit is still 5.”
“Not sure if you or anyone else has any datapoints on this, but I tried applying for my 7th Amex Platinum today and was automatically denied. In the denial letter, it stated, “According to our records, you currently have the maximum number and type of American Express accounts that we allow.”
I have 6 platinums, 1 BCP, and 1 aspire. I was under the impression I could have 3 more credit cards and 4 more charge cards before I hit their maximum (10 charge cards; 5 credit card limit). Am I misunderstanding something here? My immediate thought is that they possibly updated their terms to limit the amount of platinums and/or other charge cards that someone can have due to the increased value in the Sep 2025 update.”
And we broke the system. Again
As per my previous post I did hint at this. I have a lady on the inside at amex. I am the honey pot and have the scoop. So when I drop all 10 plats at the chow hall. There may be one soul that will look and say. He is one of them
We are the beautiful ones in the amex utopia experiment.
If you are lost or confused about my comments. Sorry. I talk with a prestige accent=dialect