Reply
Frequent Contributor
birjest
Posts: 351
Registered: ‎09-23-2011
0

AMEX Zync

Ok, I am part of the dying breed of the Zync card.  Now, I hear many who said the MRE is not good.  Well, since we had this card, I have redeemed $50 cards to Cheese Cake, PF Cheng, and Ruth Chris Steakhouse.  As far as I am concern, the Zync is good for something...

11/15/13 EX 685(MY FICO) EQ 657(MY FICO) TU 659 (MY FICO).
Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: AMEX Zync

I love my Zync!!! Im very disappointex they are cancelling the packs! Im really hoping they keep it alive for at least a year I cant get another card right now.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
birjest
Posts: 351
Registered: ‎09-23-2011
0

Re: AMEX Zync

Well, I would like to see how long AMEX is going to keep this card in existence...

 

11/15/13 EX 685(MY FICO) EQ 657(MY FICO) TU 659 (MY FICO).
Regular Contributor
GoldenloveNY
Posts: 243
Registered: ‎02-29-2012
0

Re: AMEX Zync

[ Edited ]

The Amex Zync was/is great for non-travelers who wanted/wants a low AF charge card. The Zync was geared for the younger generation who most likely aren't traveling to take advantage at the higher tier charge cards/travel cards, and just want a rewards card. It's really unfair to compare the Zync to something it was never intended for. It's MRE is redeemable at a 1:1 ratio for giftcards. MRE isn't valuable towards travel (e,g., you'll need 100,000 MRE points to pay for for a $400 dollar plane ticket via Amex Travel site, whereas you would only need 40,000 MR points to redeem the same plane ticket). That's the main difference between MRE and MR points. The Zync wasn't for travel. Plain and simple. But was/is it good for other stuff? Yup. 

 

For example, I have used 10,000 points towards a $100 gift card for Barnesandnoble.  I love books. I buy most of them at amazon.com, but I shop at barnesandnoble from time to time. I got a whole bunch of books using this gift card. My next gift card will be towards Banana Republic. 

Zync from American Express- NPSL
Amex BCE- $1,000
Discover IT- $1,500
Bank of America 1-2-3 Rewards-$1,000
Chase Freedom- $500
Capital One- $500
Regular Contributor
jm00ser
Posts: 156
Registered: ‎07-11-2012
0

Re: AMEX Zync

Hmm, I'll have to see what gift certificate vendor grabs my attention. I've been stockpiling points for a while...

In full gardening/ debt annihilation mode! (4/15/13)
Notre Dame FCU Visa 0/2k (8/04); CapOne Best Buy 800/1.5k (7\06)
Citi Thank You World MC 4800/9.7k (1/11); Amex Zync NPSL (9/11)
Chase Freedom Visa 1600/3.8k (9/11); Chase Southwest RR Premier Visa Signature 4300/10.7k (6/12); Discover It 0/3k (7/12)
EQ: 751 (4/1/13) EX: 742 (4/8/13) TU: 732 (4/8/13)
Contributor
Alcibiades
Posts: 114
Registered: ‎05-17-2011
0

Re: AMEX Zync

Those with a stockpile of Membership Rewards Express points from the Zync should consider applying for a Green or PremierRewards Gold card. If you are accepted, your MRE points convert to full Membership Rewards points, opening your points up for transfer to hotel and airline partners as well as making them more valuable for the various Pay With Points features. The Green adn PRG

Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: AMEX Zync


Alcibiades wrote:

Those with a stockpile of Membership Rewards Express points from the Zync should consider applying for a Green or PremierRewards Gold card. If you are accepted, your MRE points convert to full Membership Rewards points, opening your points up for transfer to hotel and airline partners as well as making them more valuable for the various Pay With Points features. The Green adn PRG


I really want to especially another charge card but I fear they will decline for high util. right now..........

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Moderator
Revelate
Posts: 9,732
Registered: ‎12-30-2011
0

Re: AMEX Zync


Alcibiades wrote:

Those with a stockpile of Membership Rewards Express points from the Zync should consider applying for a Green or PremierRewards Gold card. If you are accepted, your MRE points convert to full Membership Rewards points, opening your points up for transfer to hotel and airline partners as well as making them more valuable for the various Pay With Points features. The Green adn PRG


That only applies if you travel.  I know my life is incredibly boring from even my perspective, but I booked my first hotel for an overnight trip in literally six years and that doesn't involve an airplane either; MR just don't do much for me.   I can't justify the AF on either the Green or PRG just to use my MRE; if Amex notifies me they're cancelling the Zync altogether, then I may consider it, but I'm more likely to exchange them for gift certificates for restaurants I will undoubtedly frequent again in the future whenever I start dating again.  On the flip side, if the theoretical significant other enjoys travelling, then maybe my lifestyle changes and I can justify it, but as of now, it's just not the case.

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


Take the myFICO Fitness Challenge
Established Contributor
ibmrad7
Posts: 691
Registered: ‎12-11-2010
0

Re: AMEX Zync


LS2982 wrote:

Alcibiades wrote:

Those with a stockpile of Membership Rewards Express points from the Zync should consider applying for a Green or PremierRewards Gold card. If you are accepted, your MRE points convert to full Membership Rewards points, opening your points up for transfer to hotel and airline partners as well as making them more valuable for the various Pay With Points features. The Green adn PRG


I really want to especially another charge card but I fear they will decline for high util. right now..........

 


You should give it a shot. I got approved for Platinum with over 90% util. Yours cant be that bad :smileyhappy:


Starting Score: 583
Current Score: 692
Goal Score: 750+


Take the FICO Fitness Challenge
Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: AMEX Zync


ibmrad7 wrote:

LS2982 wrote:

Alcibiades wrote:

Those with a stockpile of Membership Rewards Express points from the Zync should consider applying for a Green or PremierRewards Gold card. If you are accepted, your MRE points convert to full Membership Rewards points, opening your points up for transfer to hotel and airline partners as well as making them more valuable for the various Pay With Points features. The Green adn PRG


I really want to especially another charge card but I fear they will decline for high util. right now..........

 


You should give it a shot. I got approved for Platinum with over 90% util. Yours cant be that bad :smileyhappy:


I'm at 27% but thats with 68,000 in total credit. I think the apps can wait for a year. :smileyhappy: Thanks tho!

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}