Change in Membership Rewards Terms regarding Reinstated Accounts

Amex is putting in their Membership Rewards terms a small change to take effect on June 1, 2017.

It seems that as per current policy if your MR-earning card gets closed out and you get it reinstated within one year, the points are reinstated. Beginning in June that will no longer be the case, and points will be forfeited.

[ReadWhich Card Issuers Will Reopen a Closed Credit Card?]

Screen Shot 2017-03-01 at 11.13.26 PM

This won’t affect most people who close an account by mistake and then reopen it, since Amex puts all MR points in one pot, and so long as one card is open all the points are fine. However, it will still affect someone who only has one MR-earning card. And it will affect someone who got their Amex accounts shut down and subsequently got them reinstated.

Hat tip to thundervsokuni on  r/churning

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