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Are people still receiving product changes at 1 year?
I received my Optima in mid October of 2009 with a $700 CL (paid a $2400 charge off). It is my lowest limit card by far. I'm half tempted to close it, wait a couple of months, and then apply for what I'd rather have. On the other hand, maybe I ought to just wait till 1 year and see what happens. Decisions, Decisions.
Since it's been more than 6 months, I wonder if you can up upgrade your card so you won't lose your history? Personally, I wouldn't close the account. Did they contact you about the program or did you inquire?
I think I'll inevitably wait it out till 1 year. A month ago, I decided I would apply for an additional AMEX and was deinied. I forget the reason, but it was something to the effect of "existing account too new to rate" or whatever. I think I'll wait till the INQ ages to 6 months which happens to be close to my 1 year Oasis anniversary.
I never received a mailer inviting me to the program. I had to talk to about 4 or 5 different CSRs (none of them were helpful) until I decided to write to the CEO. My letter resulted in a call back from someone at their corporate offices who offered me entry into the program.
Hello,
I did the OASIS program. I owed 1500 and finished paying that off in Nov. 09. A couple weeks later I received the paperwork to get the OASIS card. December 24, 2009 I received the card with a $900 limit. I have not had any problems with them so far and the interest rate is pretty much the same rate that I had with the original blue card. The only issue that I have is that on the phone I was told that they would delete the old account from my credit reports but that did not occur. I refuse to call them on it as I am not trying to get anyone with a bad attitude and then all of a sudden no more card!
I wanted to pay them there money so either way in the program or not they were getting their money. Good luck to anyone who choses to go this route.
E.
I was told the same thing that the account would be removed. I chose not to push the issue either.
Just recently, the account disappeared (sooner than 7 years). This would have been about at the 6 month mark.
@Anonymous wrote:I was told the same thing that the account would be removed. I chose not to push the issue either.
Just recently, the account disappeared (sooner than 7 years). This would have been about at the 6 month mark.
That would totally make my month if it somehow disappeared now instead of in 2012! I am still happy to have the new card.
@BBYGRL wrote:
@bakalao2k wrote:I've posted this before, but I didn't use the Oasis program to pay off a charged off AMEX account with a member date of 1989. I contacted the collections department and they told me what the charged off balance was and I paid it off in full. I guess this removed me from the 'blacklist' and I was able to open up a AMEX Blue card with a 12000 limit.
The people I spoke with in the collections department said the Oasis program isn't being offered anymore.
"The Oasis program isn't being offered anymore" - That's interesting. I wonder if this happened before or after the gov bailout? When did you pay off your balance and how long did it take for you to get your new card? I guess you didn't get your history back hua?
Has anyone posted that they received an Oasis offer lately? I just received a settlement offer. I plan on paying it off soon but I dare not let them know until I'm ready. I refuse to reset the SOL.
I paid the balance in full before the new credit card act went into effect, but I don't think the timing of that payment had any bearing on my ability to open an AMEX Blue card with a member date of 1989. AMEX has been softing my credit report for a long time before I opened the Blue account.
@bakalao2k wrote:
@BBYGRL wrote:
@bakalao2k wrote:I've posted this before, but I didn't use the Oasis program to pay off a charged off AMEX account with a member date of 1989. I contacted the collections department and they told me what the charged off balance was and I paid it off in full. I guess this removed me from the 'blacklist' and I was able to open up a AMEX Blue card with a 12000 limit.
The people I spoke with in the collections department said the Oasis program isn't being offered anymore.
"The Oasis program isn't being offered anymore" - That's interesting. I wonder if this happened before or after the gov bailout? When did you pay off your balance and how long did it take for you to get your new card? I guess you didn't get your history back hua?
Has anyone posted that they received an Oasis offer lately? I just received a settlement offer. I plan on paying it off soon but I dare not let them know until I'm ready. I refuse to reset the SOL.
I paid the balance in full before the new credit card act went into effect, but I don't think the timing of that payment had any bearing on my ability to open an AMEX Blue card with a member date of 1989. AMEX has been softing my credit report for a long time before I opened the Blue account.
Although AmEx does soft for promotional purposes, too, they will also soft someone until the end of the world if they owe AmEx even $1.00.
@Anonymous wrote:
@bakalao2k wrote:
@BBYGRL wrote:
@bakalao2k wrote:I've posted this before, but I didn't use the Oasis program to pay off a charged off AMEX account with a member date of 1989. I contacted the collections department and they told me what the charged off balance was and I paid it off in full. I guess this removed me from the 'blacklist' and I was able to open up a AMEX Blue card with a 12000 limit.
The people I spoke with in the collections department said the Oasis program isn't being offered anymore.
"The Oasis program isn't being offered anymore" - That's interesting. I wonder if this happened before or after the gov bailout? When did you pay off your balance and how long did it take for you to get your new card? I guess you didn't get your history back hua?
Has anyone posted that they received an Oasis offer lately? I just received a settlement offer. I plan on paying it off soon but I dare not let them know until I'm ready. I refuse to reset the SOL.
I paid the balance in full before the new credit card act went into effect, but I don't think the timing of that payment had any bearing on my ability to open an AMEX Blue card with a member date of 1989. AMEX has been softing my credit report for a long time before I opened the Blue account.
Although AmEx does soft for promotional purposes, too, they will also soft someone until the end of the world if they owe AmEx even $1.00.
This so true. I get a lot of soft hits from AmEx, sometimes two on the same day.