I currently have three cards with American Express (Green, Everyday CC and Premier Rewards Gold), and I am wanting to product change my Green Card to the Mercedes Benz Platinum Card. I know that if I apply for the card without doing a product change it comes with a 50,000 MR points sign up bonus after $3,000 in spend within 90 days.
My question is this; Will I be able to do a product change and get this bonus being that I have never had a personal Platinum before?
I started to rebuild my credit back in May 2014. I started with an auto loan from a local credit union. I got a Cap One card shortly after (Sept 14') and then a Store card (Nov 14').
I applied for the AMEX Green in January of 15' and got an Instant Approval and then 10 min later I applied for AMEX EveryDay CC and got an Instant Approval again.
2 weeks later I applied for the Premier Rewards Gold because the Green Card's points structure is non-existent. I got an Instant Approval again.
I have never carried a balance with these cards and I have always paid them before the statements were cut.
I have never asked for a CLI with AMEX, but they did initiate an auto increase and all that I had to do was accept it on my EveryDay card.
I have one other credit card with my credit union as well as a personal loan.
My AAoA is 1 year and this is all on my Experian file. I have no negative history, excellent payment history and my FICO is at 726 and Utilization is at 11%.
* I contacted Amex this past week about doing an upgrade and they basically said that I need to wait 12 full months before I can upgrade. There was no current upgrade offer. The CSR said that I can even inquire the day after my 12 months which will be the 10th of January.
Do I have a chance at receiving an upgrade bonus with the Mercedes Benz Platinum Card? If I do not, do I have a chance at being approved again for another application?
I currently have 7 inquiries on my Experian file, but it is squeaky clean.
I would appreciate any help ...