Reply
Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
0

Just got 1st AMEX Zync statement

Hurray! I just got my first ever AMEX Zync statement.  I put a little over 1k on the card (taking it easy at start) and my "please pay date" is the 26th.  I'll pay on 30th when I get paid.  My Delta card generates its first statement on the 14th but I have already PIF that account.  Ran about $900 through the card on first month.

 

When should I expect these new accounts to hit CRs?



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Valued Contributor
Posts: 2,280
Registered: ‎07-23-2012
0

Re: Just got 1st AMEX Zync statement

a few days after. 

 

my first statement was the 29th and reported by the 7th. 

since its a charge card it doesn't effect util. 

 

have 500 limit and put about 400 through it and pif before the statement. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Regular Contributor
Posts: 243
Registered: ‎02-29-2012
0

Re: Just got 1st AMEX Zync statement

Yea, me too. My "please pay by" date is the 25th though. I put close to 900 dollars. I am sure Amex is happy with my dozens of charges. Will pay by the 20th. I like the NPSL. I called Amex about being worrying if I keep charging even though I won't pay my statement balance until the 25th and they informed me it was okay.. I can go ahead and keep charging, but only the statement balance will be due..... LOL
Zync from American Express- NPSL
Amex BCE- $1,000
Discover IT- $1,500
Bank of America 1-2-3 Rewards-$1,000
Chase Freedom- $500
Capital One- $500
Valued Contributor
Posts: 2,280
Registered: ‎07-23-2012
0

Re: Just got 1st AMEX Zync statement


GoldenloveNY wrote:
Yea, me too. My "please pay by" date is the 25th though. I put close to 900 dollars. I am sure Amex is happy with my dozens of charges. Will pay by the 20th. I like the NPSL. I called Amex about being worrying if I keep charging even though I won't pay my statement balance until the 25th and they informed me it was okay.. I can go ahead and keep charging, but only the statement balance will be due..... LOL

yes since its a charge card You cant technically carry a balance. Its like the interest period for revolvers. You make a purchase for 2k. You don't get charged interest that period. next month if You pif before your statement date You don't get charged interest. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Regular Contributor
Posts: 243
Registered: ‎02-29-2012
0

Re: Just got 1st AMEX Zync statement

Yea, the rep informed me that. I honestly am loving Amex. I called CS three times since I opened my ZYNC and each rep was so nice.
Zync from American Express- NPSL
Amex BCE- $1,000
Discover IT- $1,500
Bank of America 1-2-3 Rewards-$1,000
Chase Freedom- $500
Capital One- $500
Super Contributor
Posts: 6,215
Registered: ‎05-23-2009
0

Re: Just got 1st AMEX Zync statement

You need to pay in full by the due date before the due date.. After that, they might charge late fee or report you as deliquent.

 

 

Ron.

Super Contributor
Posts: 5,524
Registered: ‎12-11-2011
0

Re: Just got 1st AMEX Zync statement


GoldenloveNY wrote:
Yea, the rep informed me that. I honestly am loving Amex. I called CS three times since I opened my ZYNC and each rep was so nice.

Sounds just like cap1....loljk :smileyvery-happy:

 

Congrats on your 1 month anniversary with zync. 

 

Wish I got one D: Can I borrow yours? Just for a few days :smileyvery-happy: 

;
Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
0

Re: Just got 1st AMEX Zync statement


Ron1 wrote:

You need to pay in full by the due date before the due date.. After that, they might charge late fee or report you as deliquent.

 

 

Ron.


The due date is the day before the next statement date, right? Isn't the please pay date a suggestion? Normally, I'll pay on the 15th but since I'm straighten out high UTIL due to hurricane, Im planning on paying at end of month (11 days before next statement date and 4 days after please pay by date).


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Frequent Contributor
Posts: 470
Registered: ‎08-14-2012
0

Re: Just got 1st AMEX Zync statement

Duncanrr,
Be prepared to not get an alert when they hit your account. Equifax never alerted me to the new accounts because they didn't show up as new because of them being backdated!

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.
Super Contributor
Posts: 5,524
Registered: ‎12-11-2011
0

Re: Just got 1st AMEX Zync statement


Duncanrr wrote:

Ron1 wrote:

You need to pay in full by the due date before the due date.. After that, they might charge late fee or report you as deliquent.

 

 

Ron.


The due date is the day before the next statement date, right? Isn't the please pay date a suggestion? Normally, I'll pay on the 15th but since I'm straighten out high UTIL due to hurricane, Im planning on paying at end of month (11 days before next statement date and 4 days after please pay by date).

This thread might have some useful information in it. Only a few people new about the "Please Pay By Date," but it was explained that they use that for a guideline for those who mail in payments to ensure that they get to Amex on time. 

 

Hope this helps!

;
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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.