American Express Closes Three Credit Card Applications
The company has ended new applications for its EveryDay, EveryDay Preferred, and Classic Green credit card products.
Updated on Oct. 20, 2026 in Credit Cards
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American Express has officially stopped accepting new applications for the EveryDay, EveryDay Preferred, and Cash Magnet credit cards following an application cutoff on September 25, 2024. Additionally, the company stopped taking new applications for the Green Card in July 2026, which was subsequently renamed the Classic Green card on August 20, 2026.
Why it matters
These changes reflect a shifting landscape for American Express cardholders as the company modifies its product lineup and updates existing agreements. While new applicants can no longer acquire these specific cards, existing customers maintain full access to their accounts and benefits.
The Classic Green card carries an annual fee of $150 and features a 3x earning rate on eligible purchases, while the EveryDay Preferred card requires a $95 annual fee.
The players
American Express
American Express is a globally integrated payments company that provides customers with access to products, insights, and experiences that enrich lives and build business success.
The details
American Express has removed the Green Card from its website and disabled application links to streamline its offerings. Existing cardmember agreements for the EveryDay and EveryDay Preferred cards were updated in March 2026 to reflect these ongoing institutional changes.
Timeline
September 25, 2024: Applications closed for the EveryDay, EveryDay Preferred, and Cash Magnet cards.
March 2026: Updates were issued for existing EveryDay and Preferred card agreements.
July 2026: American Express stopped accepting new Green Card applications.
August 20, 2026: The Green Card was officially renamed the Classic Green card.
Market Dynamics
This consolidation follows established industry standards for updating cardmember agreements as required by the Truth in Lending Act. These shifts highlight a broader transition toward modernized reward structures and product portfolios within the competitive credit card sector.
Current cardholders of these products will not see changes to their existing account access or current benefits. Prospective applicants looking for American Express products should instead consider currently active alternatives available through the company website.
The takeaway
Customers who already hold these cards can continue to use them normally and retain their current rewards structures. Those interested in new credit products should monitor the American Express website for the most current list of available offerings.
Further reading
For more on how card issuers manage their portfolios, explore the Credit Cards section.
Source note: This article includes information reported by InsideFlyer.
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