Curios AMEX Question Regarding This 'Autopay'

[daveg38]

I have heard many discuss what this was...getting declined the NPSL but getting a counter-offer for this $500 w/autopay.  What kind of scores, etc. does AMEX use do decide this, is it instant, all that jazz.  Just wanted a quick FYI on it.

[LS2982]

---

@daveg38 wrote:

I have heard many discuss what this was...getting declined the NPSL but getting a counter-offer for this $500 w/autopay.  What kind of scores, etc. does AMEX use do decide this, is it instant, all that jazz.  Just wanted a quick FYI on it.

---

I think it has more to do about whats in your file than FICO score. I'm sure the score matters but not as much. I would say if your right on the 660 fence with some old derogs they may offer that.

[pizzadude]

The counter~offer is instant at the time you apply for ZYNC. People have been counter~offered either $200 hard Limit or $500 hard limit ( w autopay ).

AMEX has their own scoring system which includes FICO and other factors, so it's hard to know what the criteria is. But many people who were counter~offered had negatives and/or collections showing on their reports.

[daveg38]

Ahh...so, if you dont get the counter offer instantly, you prolly won't get it...

[-Cain-]

I'd say that's a safe assumption. I called after two denials asking about it and the CSRs claimed they didn't know such an offer existed. Another poster on here said it is more than likely counteroffered by the computer program only.

[mrmagic9799]

My offer was instant

[crunching_numbers]

What IS autopay?

[pizzadude]

AutoPay means that you enter your bank account # with AMEX, you pay your account a few days after the statement cycle by having AMEX pull the money automatically out of your bank account.

[webhopper]

---

@pizzadude wrote:

AutoPay means that you enter your bank account # with AMEX, you pay your account a few days after the statement cycle by having AMEX pull the money automatically out of your bank account.

---

You can enroll in auto pay at anytime, even if you have the NPSL card....  If you enroll in autopay, with the NPSL card, they will pull your payment on the due date, instead of a few days after the statement cycle.