10-02-2012 09:41 AM
10-02-2012 09:44 AM
I guess I am one of the lucky ones. I was approved for the Zync close to two weeks ago. I have been using it for four whole days, charging close to $300. I called Amex, and the lady that spoke to me was confused. She said that the Zync cards has NOT been discontinued. I am not sure what is going on, but I am sure Amex will give a statement soon. Perhaps we would be PC to the Green....
Did you call the number on the back of your card or the number to apply for a new account. If it was the number on the back of your card, my guess is they have not gotten the news yet (Zync CS I think is a foreign call center). You would have to call the number to set up a new account which another poster did and the CSR told them they are not accepting anymore apps.
LOL - maybe you just accidentally hinted to the Zync CSR that job cuts might be coming up
10-02-2012 09:59 AM
10-02-2012 10:03 AM
I've been going back and forth about whether I want to app for the Zync or the Green in November...this news makes my decision a lot easier!
10-02-2012 11:08 AM
That is true.And raises some interesting points. From my experience the one thing Amex still had going for it was the so called "prestige" however, the reality is that this appears to no longer be the case. From this board and some personal experiences it looks like people are starting to realize all the "benefits" associated with Amex are available from Chase, Citi, Discover ect with a much lower cost and much less drama. Some examples being FEF's, travel insurance, purchase protection, customer service ect (And no file review!).
In short form what im saying is you can get a card that does the same thing from Visa or MC with much greater acceptance.
Do you think there are plans to maybe make some changes to bring back the "prestige" or are they going to try and change the product line itself to be more similar to those of the competitors.
All that aside I applied for the Zync because it looked cool
And if in the future Amex does do some interesting things that make them more relevant I will be there to support them.
While not a makor reason why I like Amex, I still feel that it carries a certain prestige to it's brand. While other have caught up a bit in terms of services and rewards, no other company offers backdating of accounts. From what I have seen Amex is also quite generous with it's credit limits and CLI's do not require a hard pull such as with Chase.
10-02-2012 12:17 PM
While not a major reason why I like Amex, I still feel that it carries a certain prestige to it's brand. While other have caught up a bit in terms of services and rewards, no other company offers backdating of accounts. From what I have seen Amex is also quite generous with it's credit limits and CLI's do not require a hard pull such as with Chase.
This is true, I forgot to add the back dating as one of the benefits. This will be especially useful for me as a student with a limited history when I add (Or try to ) another Amex card in January. (Yay for improved AAoA)
Meanwhile I would love to see them add something interesting to replace the Zync, Perhaps with a revolver (to limit their risk) that still uses the packs. This would still allow them to target the younger market, perhaps more successfully this time
Althought now that I have a foot in the door I kind of dont want them to do it...watering down the brand and all that
10-02-2012 12:47 PM
10-02-2012 01:13 PM
It would be very nice if amex offers to upgrade us keeping the same af
Like I said before, PC to Plat but Zync AF for the rest of your life Now this would be something special.
10-02-2012 01:30 PM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.