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Established Contributor
zerobacan
Posts: 726
Registered: ‎01-13-2013
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Re: AU younger sister?

Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks
Amex PRG NPSL, Amex Delta 2k (AU) Discover iT 5k, BOFA Siggy $5k, BOFA AlaskaAir Siggy 5k, BBVA Compass $5k! Macy's $4.5k, C1 $2.5, SFCU $2.5k, SFCU LOC $2k, Paypal SmartC $4k, Sam's 5.5k Victoria Secret $2k, Kay's $1.7k.,76/Citi $1.5k Amazon $5k, Walmart Disco $3k JC Penny $4k, C1 $2.5, BBRZ 700.
Starting:TU:536 EXP:561 : EQ:552 Current:TU:680 Walmart (2-15-14)EXP:712 FICO!! (12-4-13):EQ:622 (FICO 2-6-14) Uti 27% Goal: 720 By 12-13.
Epic Contributor
Creditaddict
Posts: 22,037
Registered: ‎10-23-2007
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Re: AU younger sister?


zerobacan wrote:
Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks

2013 with the month in which he applies in 2018... so application in 6-2018 will report 6-2013 on credit once backdated.

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Regular Contributor
megaman1
Posts: 260
Registered: ‎11-28-2013
0

Re: AU younger sister?

Is it a bad idea to add my sister if I had this card for less than a month?
Moderator
09Lexie
Posts: 26,577
Registered: ‎09-13-2012
0

Re: AU younger sister?


Creditaddict wrote:

zerobacan wrote:
Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks

2013 with the month in which he applies in 2018... so application in 6-2018 will report 6-2013 on credit once backdated.


Correct.  

Again, the backdating on CRs will only occur for cards in which they are the primary on.  

Regular Contributor
megaman1
Posts: 260
Registered: ‎11-28-2013
0

Re: AU younger sister?


09Lexie wrote:

Creditaddict wrote:

zerobacan wrote:
Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks

2013 with the month in which he applies in 2018... so application in 6-2018 will report 6-2013 on credit once backdated.


Correct.  

Again, the backdating on CRs will only occur for cards in which they are the primary on.  


So if I make my younger sis as AU, how will it show up on her CR (pretty much non-existant)?

And will AMEX allow her to apply for an AMEX card easier than someone who wasn't an AU with AMEX?

 

-also found out how to quote LOL

Moderator
09Lexie
Posts: 26,577
Registered: ‎09-13-2012
0

Re: AU younger sister?


megaman1 wrote:

09Lexie wrote:

Creditaddict wrote:

zerobacan wrote:
Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks

2013 with the month in which he applies in 2018... so application in 6-2018 will report 6-2013 on credit once backdated.


Correct.  

Again, the backdating on CRs will only occur for cards in which they are the primary on.  


So if I make my younger sis as AU, how will it show up on her CR (pretty much non-existant)?

And will AMEX allow her to apply for an AMEX card easier than someone who wasn't an AU with AMEX?

 

-also found out how to quote LOL


As an ACM,  her cr will reflect the day she was added.  If you add her Jan 2014, it will say 01/2014.  When she becomes a primary on her own Amex ( in 6 years for example)

her CR will have an open date for HER cc as 01/2014.  

 

Basically, she is locking in her MSD for when she becomes a primary cardmember. 

 

Whether or not it makes her approval easier is a rumor IMO- her credit will still need to qualify. 

Regular Contributor
megaman1
Posts: 260
Registered: ‎11-28-2013
0

Re: AU younger sister?

[ Edited ]

09Lexie wrote:

megaman1 wrote:

09Lexie wrote:

Creditaddict wrote:

zerobacan wrote:
Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks

2013 with the month in which he applies in 2018... so application in 6-2018 will report 6-2013 on credit once backdated.


Correct.  

Again, the backdating on CRs will only occur for cards in which they are the primary on.  


So if I make my younger sis as AU, how will it show up on her CR (pretty much non-existant)?

And will AMEX allow her to apply for an AMEX card easier than someone who wasn't an AU with AMEX?

 

-also found out how to quote LOL


As an ACM,  her cr will reflect the day she was added.  If you add her Jan 2014, it will say 01/2014.  When she becomes a primary on her own Amex ( in 6 years for example)

her CR will have an open date for HER cc as 01/2014.  

 

Basically, she is locking in her MSD for when she becomes a primary cardmember. 

 

Whether or not it makes her approval easier is a rumor IMO- her credit will still need to qualify. 


Oh, so adding her as an AU won't help her start increasing her non-existant FICO scores, but instead to only lock in her MSD if she decides to get a card with AMEX?

What if I add her as an AMEX AU, but she decides to later apply for a CC like Discover for example. Would adding her as an AMEX AU help at all..?

Epic Contributor
Creditaddict
Posts: 22,037
Registered: ‎10-23-2007
0

Re: AU younger sister?


megaman1 wrote:

09Lexie wrote:

megaman1 wrote:

09Lexie wrote:

Creditaddict wrote:

zerobacan wrote:
Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks

2013 with the month in which he applies in 2018... so application in 6-2018 will report 6-2013 on credit once backdated.


Correct.  

Again, the backdating on CRs will only occur for cards in which they are the primary on.  


So if I make my younger sis as AU, how will it show up on her CR (pretty much non-existant)?

And will AMEX allow her to apply for an AMEX card easier than someone who wasn't an AU with AMEX?

 

-also found out how to quote LOL


As an ACM,  her cr will reflect the day she was added.  If you add her Jan 2014, it will say 01/2014.  When she becomes a primary on her own Amex ( in 6 years for example)

her CR will have an open date for HER cc as 01/2014.  

 

Basically, she is locking in her MSD for when she becomes a primary cardmember. 

 

Whether or not it makes her approval easier is a rumor IMO- her credit will still need to qualify. 


Oh, so adding her as an AU won't help her start increasing her non-existant FICO scores, but instead to only lock in her MSD if she decides to get a card with AMEX?

What if I add her as an AMEX AU, but she decides to later apply for a CC like Discover for example. Would adding her as an AMEX AU help at all..?


no it will help her create a Fico and build it!!

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Moderator
09Lexie
Posts: 26,577
Registered: ‎09-13-2012
0

Re: AU younger sister?


megaman1 wrote:

09Lexie wrote:

megaman1 wrote:

09Lexie wrote:

Creditaddict wrote:

zerobacan wrote:
Lexie can you give us an example... i still don't get it

If i give an additional card to my son now and he gets his first primary amex card in 2018 what will be his msd in the card and in his cr

Thanks

2013 with the month in which he applies in 2018... so application in 6-2018 will report 6-2013 on credit once backdated.


Correct.  

Again, the backdating on CRs will only occur for cards in which they are the primary on.  


So if I make my younger sis as AU, how will it show up on her CR (pretty much non-existant)?

And will AMEX allow her to apply for an AMEX card easier than someone who wasn't an AU with AMEX?

 

-also found out how to quote LOL


As an ACM,  her cr will reflect the day she was added.  If you add her Jan 2014, it will say 01/2014.  When she becomes a primary on her own Amex ( in 6 years for example)

her CR will have an open date for HER cc as 01/2014.  

 

Basically, she is locking in her MSD for when she becomes a primary cardmember. 

 

Whether or not it makes her approval easier is a rumor IMO- her credit will still need to qualify. 


Oh, so adding her as an AU won't help her start increasing her non-existant FICO scores, but instead to only lock in her MSD if she decides to get a card with AMEX?

What if I add her as an AMEX AU, but she decides to later apply for a CC like Discover for example. Would adding her as an AMEX AU help at all..?


Being added as an ACM will help judt like any other cc for AUs. The key with Amex is the backdating. 

Regular Contributor
megaman1
Posts: 260
Registered: ‎11-28-2013
0

Re: AU younger sister?

If my scores dip or run into trouble, I assume that would affect my sister's scores as well, right?


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