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Michael
Michael (@guest_1735237)
November 11, 2023 21:06

Anyone have experience cancelling a card shortly after receiving this bonus? I got the line of credit bonus in October, but now want to cancel my card (one month later). I assume this isn’t like a traditional welcome bonus where you have to keep your card open for 12 months before cancelling, but would love any data points

Mm
Mm (@guest_1685201)
September 3, 2023 16:57

Has this offer been extended past 8/31?

OST
OST (@guest_1685210)
September 3, 2023 17:17
  Mm

Mm  Chuck  William Charles showing up as 12/31/2023 when signed in for me

Mm
Mm (@guest_1685554)
September 4, 2023 11:34

Thank you for the response. Where do you see this offer? I do not see it when I sign in.

Mike
Mike (@guest_1680375)
August 26, 2023 09:00

I received a mailer. I froze all my credit reports like others have suggested. Followed the link in the instructions. Clicked the link to log in and it took me to my Kabbage account. I tried to sign in but kept getting error messages (apparently Amex got rid of Kabbage accounts a while back). No matter what I did I couldn’t prevent it from trying to take me to my Kabbage account.

Ended up trying to sign up for the bonus on my phone. Followed the link and signed into my Amex account no problem. I already had a bank account linked to my Amex, so I just used that. I had to answer a few basic accounts, applied, and was given a LOC of $94k. I had to follow a few steps to verify my bank account. Minutes later I got an email stating they’d be sending me $250.

Very easy bonus once you can get the right log in screen.

Olympia
Olympia (@guest_1680376)
August 26, 2023 09:11

Mike thanks for that great info. Two questions – did you report over $3k in revenue/income a month for the business? And, how many credit, not charge, cards do you have with AmEx? Those are my two concerns about this bonus. Thanks!

Mike
Mike (@guest_1680413)
August 26, 2023 10:52

Olympia I didn’t have to report revenue, Amex used some old info on my biz, $1.2k. I have two active Amex credit cards.

Olympia
Olympia (@guest_1680417)
August 26, 2023 10:55

Mike thanks. Sounds like there’s no harm in trying with your CBs frozen. Thanks for replying.

Mike
Mike (@guest_1681924)
August 28, 2023 17:54

I’ll also mention that I’ve had Amex try to call me a few times. I haven’t picked up. I now see the bonus as pending in my checking account.

porcupine73
porcupine73 (@guest_1675602)
August 19, 2023 12:18

I received a mailer from Amex with this same offer. Instant approval. The linking a bank account isn’t working correctly for me.

I linked two different accounts and it just sits and spins ‘connecting’ but never actually connects. I’ll assume it’s maintenance they’re doing on the weekend and try linking again on Monday.

Brian R
Brian R (@guest_1676025)
August 20, 2023 09:28

Hope it works for you, but I found out from trying, and contacting amex, that there’s certain accounts they are unable to link to.
I have a legit small biz but could not qualify for this easy bonus because of that.

Firethunder
Firethunder (@guest_1675424)
August 19, 2023 04:24

Wasn’t pre-approved a couple months ago hence didn’t apply back then and forgot about it. Received a mailed regarding the bonus recently, freezed credit and used the qr in the letter to sign up. Was pre-approved for massive 67k loc. Finally applied and got the $250

AdoptaPetInstead
AdoptaPetInstead (@guest_1671120)
August 12, 2023 15:42

Do you have to link an Amex checking or does any bank work?

porcupine73
porcupine73 (@guest_1675646)
August 19, 2023 13:56

I linked a couple non Amex checking accounts. It uses a service similar to Plaid. It has to be a checking account. It won’t link a savings or brokerage account.

AdoptaPetInstead
AdoptaPetInstead (@guest_1675786)
August 19, 2023 19:26

Looks like it end up linking my wellsfargo premier. New problem now is it won’t let me use my SSN as my TIN …ugh

porcupine73
porcupine73 (@guest_1680409)
August 26, 2023 10:46

Sorry it wouldn’t take your SSN. I used my SSN without issue. I do have an EIN, but as a sole prop, I don’t usually use it when applying for accounts.

007
007 (@guest_1669872)
August 10, 2023 13:19

Approved last night. Point of contact for loan from AmEx just tried to reach me via phone call and email.

netflixstudent
netflixstudent (@guest_1669528)
August 9, 2023 19:50

By far the easiest bonus I have ever done.

Was pre-approved for the offer under the Amex Offers section of my Business Gold and received an email from Amex titled “Earn $250 with this limited-time opportunity from American Express” reflecting the same information as well.

1. Froze all 3 bureaus, logged into my account, and clicked the offer under my Business Gold
2. Re-directed to a page that already said “You’re pre-approved for a $29,500 line of credit” before applying
3. Clicked Apply Now, filled out address, date founded (7/22), industry (retail), and income (37k) and submitted
4. Instantly approved “Congratulations! Your business has been approved for a line of credit of $29,500.00”
5. In the top right, there’s a little box that says “Last step to earn your $250” where I clicked on “Select Funding primary account”
6. Selected option that said account already connected to Amex and linked Amex Business Checking which has had $1 balance for several months and very little activity aside from the getting the bonus around December 2022
7. Account was linked and little box now says “Your $250 is on the way”

No HP as all my bureaus were frozen before applying, no documentation at all, will never draw from the loan, and will keep it open for a while as to not upset Amex.

10/10

007
007 (@guest_1669671)
August 10, 2023 04:22

Thanks! Very similar experience to yours except Biz Platinum and Business Checking accounts.

M
M (@guest_1669108)
August 9, 2023 09:55

I got an email from Amex saying “you’re PRE-APPROVED to apply² for an American Express® Business Line of Credit.³” but after clicking the link in the email, it says “Unfortunately, you are not eligible for this pre-approval offer at this time. However, you can still apply for a Business Line of Credit. We appreciate your interest in American Express.” Who can understand Amex?

Acid Bath
Acid Bath (@guest_1669713)
August 10, 2023 08:19
  M

I got the same email. And same thing happened when I logged in.
I just did a LOC promo (still open) on a different AmEx account, last month.

007
007 (@guest_1669750)
August 10, 2023 10:03
  M

If it shows up under AmEx offers when logged into your Amex business card, try applying there instead. Worked for me.

M
M (@guest_1669754)
August 10, 2023 10:10

I can see the offer under my Amex business card, but got the same error saying I wasn’t eligible for the pre-approved offer.

007
007 (@guest_1669757)
August 10, 2023 10:13
  M

Oh wow, weird, sorry to hear that.

Xylexia
Xylexia (@guest_1644112)
June 29, 2023 16:35

Double whammy. Denied AND HP, but HP was my fault for not having CB’s frozen ATM. Insufficient business transaction activity despite having linked 5 accts with activity.