When I clicked submit I got the message they would need more time to consider my application. I got a call a few days later from an AMEX rep who said they received my request for the new card but due to a new policy of no more than 4 AMEX branded cards per person (business and personal) she could only approve my app if I closed 2 other accounts. (Note: AMEX cards issued by banks etc are not subject to this limit)
This was actually ideal because I had recently just closed 2 gold cards (where I netted 175K bonus Membership Rewards points) but still had two Delta Gold cards (personal and business) where I netted a bonus of 80K Delta points, where the annual fee was now due so I asked her to close those and she went ahead and approved my Hilton card.
Hilton points are not worth a lot e.g. 30K points will get you 1 night at a reasonable hotel with a standard nightly rate of ~$200 so this offer is worth approx $400 (not bad for 5 minutes work).
I recently converted the 75K bonus miles from the Bank of America Virgin Atlantic card into 150K Hilton points (here's how) so I now have a nice little nest egg of $250K Hilton points. I'd like to add to that so next up on the churn is the no annual fee Citi Hilton Visa.
Note: I don't receive referral commissions for any credit cards Tags: ..New Policy from AMEX - No more then 4 AMEX issued credit cards.. If you like what you've read, why not subscribe to updates click here
