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tboy1977
Posts: 221
Registered: ‎07-11-2012
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Re: Credit Unions that cobrand american express

It's as REAL as BofA's AMEX card or the CUs.  Just not issued by Amex Centurion Bank......

 

The other cards are issued on the Amex network, but since not by Centurion Bank, they don't have the Amex Membership perks :-)

Starting scores: EQ 420, EX 421, TU 405 (Jan 2011)
Bk Ch 7 Discharged Mar 2011
Current scores: EQ 456, EX 534, TU 411 (Aug 2012) FICO (8/2012 -- EQ 564, EX 584 (from BofA) TU 551)
Goal scores: EQ 700+, EX 700+, TU 700+

Credit accounts: 30% APR auto loan (Jan 2012), Secured [CapOne (3K), PNC (1300), NFCU (1K), Coke (2500)] and Target (200)
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Revelate
Posts: 9,640
Registered: ‎12-30-2011
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Re: Credit Unions that cobrand american express


tboy1977 wrote:

It's as REAL as BofA's AMEX card or the CUs.  Just not issued by Amex Centurion Bank......

 

The other cards are issued on the Amex network, but since not by Centurion Bank, they don't have the Amex Membership perks :-)


So color me confused, why would you want a card on the Amex transaction network which isn't by Amex FSB? (or Centurion Bank, whichever).

 

VISA is still the gold standard in terms of both dometic (MC close behind) and world-wide acceptance... so if you're not getting the Amex membership benefits, *yawn* :smileywink:.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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Contributor
tboy1977
Posts: 221
Registered: ‎07-11-2012
0

Re: Credit Unions that cobrand american express

Many merchants for example, Sams Club only take American Express.  And yes, cards on the network (even prepaid) get benefits, especially in travel.  And I'm being a little vain, it's a prestige thing.  But even if I get the 800 FCIO score, I ain't paying $495 to say, YES, I HAVE IT! 

Starting scores: EQ 420, EX 421, TU 405 (Jan 2011)
Bk Ch 7 Discharged Mar 2011
Current scores: EQ 456, EX 534, TU 411 (Aug 2012) FICO (8/2012 -- EQ 564, EX 584 (from BofA) TU 551)
Goal scores: EQ 700+, EX 700+, TU 700+

Credit accounts: 30% APR auto loan (Jan 2012), Secured [CapOne (3K), PNC (1300), NFCU (1K), Coke (2500)] and Target (200)

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