Based on everybody's knowledge... What Credit score would you say Amex usually looks for when applying for the Zync card? I've heard of possible low 6's but I find that hard to believe as its still an Amex..
@Anonymous wrote:Anywhere from 650-850. They dont use fico scores, instead using their own system. People with very high scores have been approved. People with 650's have been approved. If you can get a zync you can get any charge card so apply for the one you want.
+1
@chris2k5 wrote:For reference, I had a 700-710 for Experian when I applied for Amex last month. I got denied. My score went down to 695 after that.
I haven't had a revolving account for more than a year yet (oldest was CapOne from Feb 2011) and my credit limits on all of my accounts were not high enough.
@chris2k5 wrote:For reference, I had a 700-710 for Experian when I applied for Amex last month. I got denied. My score went down to 695 after that.
I haven't had a revolving account for more than a year yet (oldest was CapOne from Feb 2011) and my credit limits on all of my accounts were not high enough.
I feel your pain
Starting Score: 722
@Anonymous wrote:
@ArisGreek wrote:That's not true about if you can get Zync you can get any card. I've commented on this a number of times. Zynch is one tier of charge card and the remaining 4 are another tier.
I disagree. CreditAddict has many, many posts from many beginners proving if you can get 1 you can get any other. As ive said before, they can place a 500 limit on zync just as easy as they can platinum. Your paying for benifits. Unless its the auto bill pay zync you should be able to get any of them.
From everything I've read, they generally don't counter-offer on the other charge cards. On Zync they do, either with the $500 dollar limit, the autopay, the partially secured, etc.
It is also an unequivocal fact that Amex does consider the Zync a different tier of charge cards; however, with their approval process being as infamously quirky as it is, I strongly suspect that those stating they're all similarly easy to get may not be quite accurate. Everyone's mileage will vary, especially with Amex, but when I do try for an Amex charge card at the end of 2012, when I'm guarunteed to be borderline at best, I will definitely be applying for a Zync and hoping for a counter offer.
From everything I've read, they generally don't counter-offer on the other charge cards. On Zync they do, either with the $500 dollar limit, the autopay, the partially secured, etc.
It is also an unequivocal fact that Amex does consider the Zync a different tier of charge cards; however, with their approval process being as infamously quirky as it is, I strongly suspect that those stating they're all similarly easy to get may not be quite accurate. Everyone's mileage will vary, especially with Amex, but when I do try for an Amex charge card at the end of 2012, when I'm guarunteed to be borderline at best, I will definitely be applying for a Zync and hoping for a counter offer.
+1
Zync is marketed as a card for individuals with limited credit and thus so, I am certain has different approval criteria. I don't know of one single other charge product from Amex that can be approved with a $500 or $250 credit limit with a direct payment account tied to it for approval requirement. Not to mention that the Zync can't be PC'd to another charge product. JMHO. I have also seen situations where individuals on an app spree where approved for each charge product - zync, green, gold then denied for Platnium. There has to be some hierachy besides AF for these cards. Just some thoughts on the subject. 