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Historically American Express has limited each consumer to having four credit cards and four charge cards with them at any point, as I explained in my recent post about my 2017 American Express card strategy.
Many people have reported that the limit has been raised to five credit cards, though previously I didn’t find that to be the case. For example, last June I got denied when I applied for my fifth card, on account of having too many cards.
That led me to believe that my limit with Amex is four credit cards, though several readers insisted that the limit has been raised to five credit cards, so I figured I’d give it another try and apply for a fifth credit card.
Which Amex card I decided to apply for
I decided to apply for The Blue for Business® Credit Card from American Express, given that it’s one of Amex’s most underrated cards. I didn’t see much value in the card until I crunched the numbers recently. Until next week, the card has the following sign-up bonus:
- 10,000 bonus Membership Rewards points after making your first purchase on the card within the first three months
- 10x points at U.S. restaurants on the first $2,000 in purchases for the first six months
- 2x points on all qualifying purchases on the first $50,000 for the first year (an additional one point per dollar spent)
If you’re like me and plan on maximizing the sign-up bonus, you can earn an incremental 64,600 Membership Rewards points compared to the next best option for spend in those categories, which is incredible for a no annual fee card.
My experience applying for a fifth Amex credit card
I decided to apply for The Blue for Business® Credit Card from American Express a bit over a week ago. When I applied I got a message stating that my “application is pending further review.”
Moments later I got an email saying that a decision has been made, and that I was declined due to having the maximum number of American Express cards. I phoned up Amex, and told the friendly associate that I thought the limit had been raised to five cards, and she said she would submit the application for review and to be processed again.
The online application status page showed my application as being “in progress.”
Well, I was happy to wake up to an email this morning confirming that my application had been approved!
That’s awesome! I guess the limit on Amex credit cards has indeed been lifted to five per person, given that I was previously denied on account of that limit, but then after a review, was finally approved.
That’s fantastic, and I can’t wait to maximize the benefits on The Blue for Business® Credit Card from American Express.
The three reasons to apply for an Amex business card
If you’re in a similar position to me and were up until recently limited to four American Express credit cards per person, there are a few reasons to consider applying for an Amex card, and in particular an Amex business card:
- Amex business cards don’t count towards Chase’s “5/24 limit”
- Amex business cards are anecdotally among the easiest to be approved for
- If you’re an existing Amex cardmember and end up not being approved for a card, you typically won’t get any sort of a pull on your credit report, as I explained in a previous post
I’m so excited to have been approved for The Blue for Business® Credit Card from American Express, and even more so, to finally have my Amex credit card limit raised from four to five.
Has anyone else had similar luck with applying for a fifth Amex credit card?