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Established Contributor
BBYGRL
Posts: 511
Registered: ‎10-18-2007
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Amex Oasis - Updates/Experiences

I was wondering if anyone would mind sharing interesting stories about thier experience with the Oasis program. Did your relationship with AMEX change when the economy tanked?

 

Thanks in advance.

10/08 - EX 795 / EQ 816 / TU 806
6/09 - EQ 763 / TU 770

Starting Score (2/2010): TU-767, EQ-745
Current Score (2/2010): TU-767, EQ-745
Goal Score (12/2010): TU-780, EQ-790


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Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
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Re: Amex Oasis - Updates/Experiences


BBYGRL wrote:

I was wondering if anyone would mind sharing interesting stories about thier experience with the Oasis program. Did your relationship with AMEX change when the economy tanked?

 

Thanks in advance.


Good question!

 

I'd also be interested in hearing if Oasis program cardholders experienced any of the AA that started with the current economic situation.

IAALBNYL
Regular Contributor
Rebuilding101
Posts: 176
Registered: ‎03-11-2010
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Re: Amex Oasis - Updates/Experiences

I wish people who DON'T owe money to Amex could be let back in too :smileysad:


Starting Score(4/1/10): EQ: 631--- TU: 646
Current Score(4/1/10): EQ: 725--- TU: 686
Goal Score: EQ: 850--- TU: 850


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Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
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Re: Amex Oasis - Updates/Experiences


Rebuilding101 wrote:

I wish people who DON'T owe money to Amex could be let back in too :smileysad:


 

I'm confused.  Why would people who don't owe AmEx be blacklisted?

IAALBNYL
Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
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Re: Amex Oasis - Updates/Experiences

Good Question:   Are people who American Express dropped with accounts in good standing blacklisted?

 

They dropped me when I got behind on other cards, but I was not behind with them.   Many others have reported getting dropped with no negatives.

Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
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Re: Amex Oasis - Updates/Experiences


Wolf3 wrote:

Good Question:   Are people who American Express dropped with accounts in good standing blacklisted?

 

They dropped me when I got behind on other cards, but I was not behind with them.   Many others have reported getting dropped with no negatives.


My understanding is that AmEx only blacklists for life two categories of people:

 

1.  Those who they believe have committed fraud; and / or

2.  Those who have caused AmEx a financial loss (i.e. BK or Chargeoff).

 

I believe -- but am not sure -- that those whose accounts were closed but ended up paying AmEx the entire debt may not be approved by AmEx for further credit for some period of time, but not for life.

IAALBNYL
Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
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Re: Amex Oasis - Updates/Experiences

  I guess there is hope for those of us who were dropped with accounts in good standing.   

 

  I might apply when my credit improves.

Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
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Re: Amex Oasis - Updates/Experiences


Wolf3 wrote:

  I guess there is hope for those of us who were dropped with accounts in good standing.   

 

  I might apply when my credit improves.


You can always get a bank-issued AmEx like those issued by USAA, BOA, Citibank or even PenFed.

IAALBNYL
Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
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Re: Amex Oasis - Updates/Experiences

 


O6 wrote:

Wolf3 wrote:

  I guess there is hope for those of us who were dropped with accounts in good standing.   

 

  I might apply when my credit improves.


You can always get a bank-issued AmEx like those issued by USAA, BOA, Citibank or even PenFed.


I don't care that much about the AMEX network.    I really only want the "member since 1989"  back.   

 

Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
0

Re: Amex Oasis - Updates/Experiences


Wolf3 wrote:

 


O6 wrote:

Wolf3 wrote:

  I guess there is hope for those of us who were dropped with accounts in good standing.   

 

  I might apply when my credit improves.


You can always get a bank-issued AmEx like those issued by USAA, BOA, Citibank or even PenFed.


I don't care that much about the AMEX network.    I really only want the "member since 1989"  back.   

 


Smart move. 

IAALBNYL

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