Overnight it seems that some Amex sign-up bonus eligibility changes have been made making churning for rapid point earning a lot more difficult.
Previously you were eligible for a sign-up bonus as long as you hadn’t held or currently hold a card that earned the same points (Membership Reward points, Marriott Bonvoy Points & Nectar etc.) within the last 6 months.
NOW If you have held or hold a personal card from American Express in the past 24 months you aren’t eligible for a sign-up bonus from an American Express card. There are two major exceptions to this:
1) British Airways American Express Premium Plus Card
You cannot of held or currently hold an Avios earning card in the last 24 months to be eligible for a sign up bonus. You can hold another personal American Express card and still be eligible for the sign-up bonus.
2) The Platinum Card
You cannot of held or currently hold a Membership Reward points earning card in the last 24 months to be eligible for a sign up bonus. You can hold another personal American Express card and still be eligible for the sign-up bonus.
Can I still earn good amount of points with the Amex Sign-Up Bonus Eligibility Changes?
With the additional changes to the sign-up bonuses from American Express it seems it will be a lot more difficult going forward to rapidly make points. One of the most lucrative ways that still exists to make points is referring your friends to American Express. Depending on what card you have you can make up to 18,000 points a friend, even if they don’t choose the same card! You can read more about the referral program here.
As far as I am aware you are still eligible for a referral bonus even if the person you are referring is not eligible for a sign-up bonus. This was certainly the case before these changes, we will be able to confirm once more data/information comes through however.
What do you think of the new American Express sign-up bonus changes?
We aren't financial experts, we write from a journalistic perspective, so please don't take anything we say as gospel. Seek independent advice as we can't accept liability if our tips/information aren't suitable for yourself.
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