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AMEX Membership Rewards referral code

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Hi all,

I'm taking out an AMEX Gold chargecard. Am I right in thinking that existing cardholders have referral codes which net a signup bonus which is mutually beneficial for the new and existing cardholders? Does this prevent you from getting the 20,000 initial spending bonus? And can the code be used online or is it for phone applications only?

Thanks in advance. Feel free to PM me if it's the preferred way to send does :beer:
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