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New Contributor
quizzer
Posts: 72
Registered: ‎03-10-2008
0

BOA - Amex card - Change

Can I change my bank of america Amex card to some  other amex card for example costco amex card?

 

I dont want to lose history by closing boa amex and opening a new amex card.

 

Please advise.

Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: BOA - Amex card - Change

No

 

Those are 2 different banks.   You have a card from BofA that uses the AMEX network.

 

The Amercian Express Bank offers the Costo and many other AMEX network cards.

 

You can have both however.

 

 

Regular Contributor
armymom
Posts: 204
Registered: ‎01-18-2009
0

Re: BOA - Amex card - Change

Your Bofa Amex is a co-branded card.  Has the Amex logo but issued by Bofa. 

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Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: BOA - Amex card - Change

It is not a co-branded Card.    It has the single brand which is the AMEX network.  

 

A co-branded card is a Nework and a store brand, like Costco AMEX,  Best Buy Mastercard.

 

The confusion arrises because AMEX and Discover started out as both the Bank and the Network.

New Contributor
thoughts1
Posts: 110
Registered: ‎01-12-2009
0

Re: BOA - Amex card - Change

if you don't want to lose the history, find another card from BOA that you like and call them see if they can do a product change from your old BOA Amex to new BOA card, that way it'll still be old line/history and no new accounts etc.

it has worked in the past but obviously it's ymmv.

gl

New Contributor
quizzer
Posts: 72
Registered: ‎03-10-2008
0

Re: BOA - Amex card - Change

Thanks. I also have a BOA mastercard thats older than boa amex.

 

What are my options here?

Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: BOA - Amex card - Change

What are you trying to do?

 

Convert BOA amex to another BOA product  

OR

Get an AMEX bank card like Costco AMEX

 

 

 

 

New Contributor
quizzer
Posts: 72
Registered: ‎03-10-2008
0

Re: BOA - Amex card - Change

Apply for better Amex card like costco amex or amex blue cash..and close this boa amex card.

 

I was thinking if there was any way to avoid credit score getting dinged...by changing one amex to better amex card.

Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: BOA - Amex card - Change

You have to do a new application for those which are American Express Bank.   

 

You could product change the BOA later to keep BOA history.  

 

New Contributor
quizzer
Posts: 72
Registered: ‎03-10-2008
0

Re: BOA - Amex card - Change

[ Edited ]

Update:

 

I got a costo flyer - $75 statement credit for opening a costco amex card. I want to apply finally now.

-What will be the approximate decrease in credit score due to this application? (5 or 7 or....)

-I want to add my spouse as AU on this card? Will it show in her credit reports?

 

After I get this card, i will not use the BOA Amex card.

-I have this card since 2006. I also have a BOA MC from 2004.

-Is there any way I can transfer the BOA Amex history to BOA MC (even though BOA amex has a shorter history than BOA MC) and close the BOA Amex card?

-Will there be any credit score impacts due to the above?

 

Thanks in Advance.

 

 


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