Just kidding Chilli 
The over abundance of threads re: D* may eventually contribute to its downfall sooner or later, in any case, sadly. not to mention the unannointed callers actually using the term backdate and clumsily spell out intent for csr on recorded calls. There's probably something to be said for discretion...Doh! 
Just spoke to Kenneth Chenault and he was not able to confirm this.
@Themanwhocan wrote:
Hmm. I believe credit companies are not allowed to base your credit score and such on your age... i wonder if you could get that note removed based on that.
I believe the note is there to alert the consumer of potential fraudulent accounts being reported, since it is unusual for minors to have established credit let alone a two year old lol Creditors likely can't see the notations, it's never come up except for one manual review that noticed the account was opened about two years after my birth xD
@deltatee wrote:
It's a good thing because Amex is reporting inaccurate information which is against the spirit of accurate credit reporting.
It bites for consumers because a lot of us dislike the hit to AAoA associated with getting a new card. Backdating improves consumer credit scores.
It's good for issuers too. They now get a more accurate picture and risk analysis of the consumer rather than artificially inflated stats. People will complain and miss it, but ultimately if you open an account today it should report as opened on April 3, 2015 not April 3, 1975 or whatever the MSD is.
@mxp114 wrote:
@Themanwhocan wrote:
Hmm. I believe credit companies are not allowed to base your credit score and such on your age... i wonder if you could get that note removed based on that.
I believe the note is there to alert the consumer of potential fraudulent accounts being reported, since it is unusual for minors to have established credit let alone a two year old lol Creditors likely can't see the notations, it's never come up except for one manual review that noticed the account was opened about two years after my birth xD
@deltatee wrote:
It's a good thing because Amex is reporting inaccurate information which is against the spirit of accurate credit reporting.
It bites for consumers because a lot of us dislike the hit to AAoA associated with getting a new card. Backdating improves consumer credit scores.It's good for issuers too. They now get a more accurate picture and risk analysis of the consumer rather than artificially inflated stats. People will complain and miss it, but ultimately if you open an account today it should report as opened on April 3, 2015 not April 3, 1975 or whatever the MSD is.
Have to understand that closed accounts fall off after 10 years. That in itself makes reports not accuate. If someone had AMEX in the 90s there is no harm for AMEX to backdate because that is when the buisness relationship started. Matter of opinion.