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Amex and Chase Both Changed Welcome Bonus Terms for Popular Credit Cards. Here's Why That Matters

CNET/Getty Images A credit card's welcome offer is generally one of the main incentives for applying for a credit card. So what happens if the card issuer no longer discloses how much you earn before you apply, or changes its rules around who's eligible and who isn't? American Express recently changed the language for the terms on the Platinum Card® from American Express and the American Express® Gold Card. The card issuer no longer specifies the exact number of points you can earn for the car

This Amex Card's New Welcome Offer Has Me Scratching My Head. Here's Why

CNET/Getty Images A welcome offer is usually one of the main reasons people apply for a new credit card. But what if the issuer didn't disclose the offer until after you applied? American Express recently changed the language for the terms on The Platinum Card® from American Express without specifying the exact number of points you'd be eligible to earn with its welcome offer. A credit card's welcome bonus -- a lump sum of rewards you can earn, typically for reaching a certain spending thresh

A New Welcome Offer for The Platinum Card® from American Express Gives Me Pause. Here's Why

CNET/Getty Images Would you apply for a credit card that costs hundreds of dollars if the issuer wouldn't tell you what the welcome offer was? American Express recently changed the language for the terms on The Platinum Card® from American Express without specifying the exact number of points you'd be eligible to earn with its welcome offer. A credit card's welcome bonus -- a lump sum of rewards you can earn typically for reaching a certain spending threshold in a specified number of months -