What Is the Amex 2/90 Rule? (2024)

FAQs

What Is the Amex 2/90 Rule? ›

The Amex 2/90 rule limits the number of American Express credit cards you can get approved for to two within a 90-day period. This limitation has been widely reported, though it isn't an official American Express company policy.

2 in 90 Rule

You can only get approved for two credit cards every 90 days. This means that if you apply for a third card within the 90-day window, you'll automatically be rejected. These rules apply to credit cards only and not charge cards, so you can apply for as many charge cards as you like.

Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion. And only the super rich and famous can expect to get the call, as...

If you make a payment and the payment is returned by the bank due to insufficient funds, this can instantly trigger an Amex FR. If you apply for two cards in a short period of time and use a significantly higher income number on the second application than the first, then a FR can be triggered.

If you're looking to apply for multiple American Express credit cards, it's possible to do so, as long as you remember the rules: Up to five Amex credit cards at any one time, two credit card applications per 90 days and a once-per-lifetime welcome bonus restriction on all individual cards.

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Please call us at 1-800-567-1083 if you'd like us to review our decision. Keep in mind that we cannot guarantee we will change our decision. It's been our experience that applicants who were not approved for a new account at one time may qualify in the future.

How many payments can I make towards my account in one day? You can make up to five payments towards your account per day, including any payments from your online account, American Express^® App, phone payments, or Pay It.

The easiest American Express cards to get are those that require a minimum of good credit for approval as opposed to excellent credit only. The Blue Cash Everyday® Card from American Express and the American Express Cash Magnet® Card are two of the easiest Amex cards to get because they only require good credit.

What is the most prestigious credit card in the world? The American Express Centurion Black Card * The card details on this page have not been reviewed or provided by the card issuer. , known as “the Amex Black Card,” has been touted to be the most exclusive credit card preferred by high-net-worth individuals.

Cards such as the Amex EveryDay® Preferred Credit Card from American Express and Blue Cash Preferred® Card from American Express (see rates and fees) usually recommend a 670+ score. However, there is anecdotal evidence of scores in the lower 600s being approved.

Does Amex actually verify income? ›

They will request tax returns and bank statements. What they're looking for is to make sure the income you reported on the application is true. The process typically takes 2-3 weeks, and you're assigned a specialist to talk to.

Credit card applications can be denied for many reasons: an insufficient credit history, a low credit score, or too many card accounts opened too quickly, to name a few. If it happens, it's probably not the outcome you were hoping for.

Amex uses a soft credit pull to determine whether you've met its minimum standards for a particular card.

The average credit limit for members who have matched with similar cards is $13,202, with $5,000 being the most common. The Platinum Card® from American Express does not have a traditional credit limit and was compared to similar premium cards.

The “once in a lifetime” rule by American Express is designed to encourage new customers to apply for their cards, but not allow them to cancel and reapply for the same card (or in some cases same family of cards) in order to earn another welcome bonus.

If your Corporate Card becomes 90 days past due and your charge privileges are suspended, we will charge a $25 administrative suspense fee, subject to applicable law.

Rule 5: 1 in 5

The rule states that you are only allowed to be approved for one credit card every five days. However, the 1 in 5 rule does not apply to other cards. This means that you can apply for one credit card and any number of other cards on the same day without any issues.

As the name suggests, Amex's once-per-lifetime rule restricts welcome bonuses to one per card. So if you apply for The Platinum Card® from American Express today and earn the 100,000-point bonus after spending $6,000 within six months, you won't be eligible for another bonus on that card.

Reports show that you won't be approved for more than one Amex card in a five-day period (the so-called 1-in-5 rule) and no more than two cards in a 90-day period (known as the 2/90 rule). There are exceptions to these rules, but they're rare.