Credit Card Center Advertiser Disclosure†
01-25-2011 10:27 AM
No direct experience, but from reading other posts on here, I'm pretty sure you get the benefit of the year the account that you are listed as an AU on was opened. But you get the month that you applied for your own account. So if someone added you to an account that was opened in 1998, and you were approved for your own account in March of this year, your account would list as opened in March of 1998.
Did they officially renounce FRs or are you going to have to edit your signature?
01-25-2011 10:28 AM
I just read about a poster who was an authorized user on her husband's AMEX cards in 2005. She since applied for a card and was backdated to 2005, therefore, she had success with the backdating. Others will inform you about their personal experience, and help you determine a conclusion.
01-25-2011 10:41 AM - edited 01-25-2011 10:42 AM
I do know about the month, hence January is the time to app for a new Amex if you have an old one. I was just wondering if the year backdates to when you were listed as an AU or when the account you're listed upon was opened.
ASAIK, Amex still does financial reviews. As far as them coming out and officially renouncing the practice, I honestly doubt that will ever happen. If they stop, they'll likely do it quietly and act like it never happened at all.
01-25-2011 10:48 AM - edited 01-25-2011 11:06 AM
Based on other threads, you get the year the AU account was opened, not the year you were added as an AU. I'm fairly certain I've read threads here talking about people being listed as AUs on their parents' accounts and then applying for their own Amex and having a date opened that was when they were very young or before they were born.
ETA: Here is what I was thinking of, although I think I read additional threads as well: http://ficoforums.myfico.com/t5/Credit-Cards/Question-on-Amex-backdating/td-p/800600/highlight/true/...
Someone says there that their Amex backdated to the day their father's account was opened, so their account shows it was opened when they were 4 years old.
01-25-2011 11:55 AM
It's me with the experience. I was an AU on two of my husbands Amex cards from 2005, that both went to collections but PIF. I opened a Zync in December, and this month approved for the Costco one and both are showing member since 2005!
01-25-2011 12:33 PM
Don't mean to hijack, but I am curious, is there any amount of time you have to be an AU on Amex before you can apply on your own and get the backdating?
01-25-2011 01:48 PM
great. My plan is to hop on an Amex and apply for my own shortly after, within weeks...should i use the AU card, or will that even matter?
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.