topic Re: Amex Backdating in Credit Cards

Amex Backdating

b71913 — Tue, 21 Aug 2012 03:09:28 GMT

I have had severa differentl Amex Charge cards since 1998, 3 months ago I applied and was approved for the BCE . The date on the card says member since 1998. But today i was checking my fico reports , and its states account open 2012. I called and spoke to a supervisor and they told me they could not backdate this account since it was a revolver and not a charge account. Is that the correct answer to my question or not.

Re: Amex Backdating

Open123 — Tue, 21 Aug 2012 03:22:18 GMT

No, backdating has nothing to do with charge or credit.

PS - They've definitely become much more strict on backdating. I've seen recently many who were refused backdating, especially on AU cards.

Re: Amex Backdating

b71913 — Tue, 21 Aug 2012 03:24:11 GMT

Thanks for your response, guess I just used it and let it grow.

Re: Amex Backdating

Open123 — Tue, 21 Aug 2012 03:27:30 GMT

I don't understand why your fico would report 2012 when your card reads 1998. Amex usually reports the TL with the member since date automatically.

Re: Amex Backdating

b71913 — Tue, 21 Aug 2012 03:31:40 GMT

Thats the reason I called Csr, spoke with two csr and finally a supervisor. He stated the reason the card showed member since 1998, is because thats when I became a member . My charge card is reporting correct , just not this new account.

Re: Amex Backdating

Crashem — Tue, 21 Aug 2012 03:40:02 GMT

Call again. That isn't right unless policy has changed again. But it makes no sense. A lot of mixup with policy. Keep trying.

Re: Amex Backdating

b71913 — Tue, 21 Aug 2012 03:55:48 GMT

Thanks Crashem, I will later this week.. Another thing that was funny when i got transfered to the Supervisor, she stated the call was being recorded that was a first for me.

Re: Amex Backdating

Open123 — Tue, 21 Aug 2012 04:06:28 GMT

b71913 wrote:
Thanks Crashem, I will later this week.. Another thing that was funny when i got transfered to the Supervisor, she stated the call was being recorded that was a first for me.

All of Amex's call these days are recorded.

Crashem is right. It doesn't make sense, unless there's another policy change where a charge can only be backdated for a charge, and a credit for a credit.

Re: Amex Backdating

b71913 — Tue, 21 Aug 2012 04:11:50 GMT

Yall both might be right, im just saying what i was told . I will call back in a few days and see what they tell me.

Re: Amex Backdating

Crashem — Tue, 21 Aug 2012 04:19:09 GMT

Don't argue too much. Just call back and try again.

Re: Amex Backdating

xiownthisplacex — Tue, 21 Aug 2012 14:39:05 GMT

I have been an AU since 1998 and got my own Zync early May, got backdated (after I called in) and then I got my BCE in late May and it was also backdated automatically. Try again, they did it for me!

Re: Amex Backdating

Crashem — Tue, 21 Aug 2012 14:45:00 GMT

I would advise everyone to check their credit report to confirm backdating has occurred.

Re: Amex Backdating

xiownthisplacex — Tue, 21 Aug 2012 15:17:29 GMT

Here's what mine looks like

Re: Amex Backdating

b71913 — Tue, 21 Aug 2012 18:09:31 GMT

Just got off the Phone , spoke to a very nice Csr Supervisor. She informed me that it should have been backdated to 1998, and they would contract the credit bureas. Told me it could take up to 60 days to reflect the correct date. And an FYI since Nov 21st of last year Amex will no longer backdate any AU accounts. Because I asked her about adding my GF to this account. I want to thank everyone for their imput, great group of people on this forum.

The direct number for Amex Credit Reporting Issues 1-800-874-2717 M-F 8am-5pm

Re: Amex Backdating

MustangSaluki — Tue, 21 Aug 2012 18:18:52 GMT

Looks right.

After 2 statements, Equifax reports a clean 81 month history for backdated Amex. A manual reviewer cannot say when the account was really opened. TU and EX show the actual history and manual reviewers can spot the difference. Still great for overall Credit/AAoA and scores etc for auto approvals :)

Transunion always reports the exact month and day the account was "opened" in the Amex systems. This is also a handy way to know when you are eligible for the first CLI. If Account opened shows as XX/YY/ZZZZ in TU, 61day CLI date is XX+2/YY+1. Example your account opened date in TU says 6/15/1998, first CLI eligible date is 08/16/2012. Another reason why opening Amex in January rocks.

Re: Amex Backdating

Crashem — Tue, 21 Aug 2012 21:59:21 GMT

b71913 wrote:
Just got off the Phone , spoke to a very nice Csr Supervisor. She informed me that it should have been backdated to 1998, and they would contract the credit bureas. Told me it could take up to 60 days to reflect the correct date. And an FYI since Nov 21st of last year Amex will no longer backdate any AU accounts. Because I asked her about adding my GF to this account. I want to thank everyone for their imput, great group of people on this forum.

The direct number for Amex Credit Reporting Issues 1-800-874-2717 M-F 8am-5pm

Do you mean AU accounts can't get backdated to original cardholder's member date? Or do you mean AU accounts can't get backdated to their own member date? Or both?

Re: Amex Backdating

b71913 — Tue, 21 Aug 2012 23:28:10 GMT

As of Novemeber 2011, all Au's will have the date they are issued , AMEX clearly stated no more backdating on AU. Hope this helps.

Re: Amex Backdating

slarano — Tue, 21 Aug 2012 23:29:38 GMT

b71913 wrote:
\And an FYI since Nov 21st of last year Amex will no longer backdate any AU accounts. Because I asked her about adding my GF to this account. I want to thank everyone for their imput, great group of people on this forum.

The direct number for Amex Credit Reporting Issues 1-800-874-2717 M-F 8am-5pm

This is YMMV, since I had my account backdated less than two months ago. Took all of five minutes on the phone.

Re: Amex Backdating

b71913 — Tue, 21 Aug 2012 23:43:51 GMT

You didnt get an Au backdated, It cannot be done,

Re: Amex Backdating

slarano — Tue, 21 Aug 2012 23:48:15 GMT

b71913 wrote:
You didnt get an Au backdated, It cannot be done,

I was the authorized user on my sister's card back in '93, backdated my account two months ago...