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Established Contributor
colindidit
Posts: 640
Registered: ‎11-13-2012

Zync with spending limit so unable to be approved for other Amex cards??0

So I applied because its always a SP when you have a Amex card if you get denied, and I checked the preview on the letter they're going to send and it says because you have Zync with a spending limit youcan't open another Amex... Question is...how do I get the spending limit lifted off and has any one had luck withgetting their spending limit lifted??

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Frequent Contributor
Jake0215
Posts: 259
Registered: ‎11-10-2011

Re: Zync with spending limit so unable to be approved for other Amex cards??0


colindidit wrote:

So I applied because its always a SP when you have a Amex card if you get denied, and I checked the preview on the letter they're going to send and it says because you have Zync with a spending limit youcan't open another Amex... Question is...how do I get the spending limit lifted off and has any one had luck withgetting their spending limit lifted??


The short answer is no, close it, wait at least 30 days. Apply for what u want. 


Starting Score: 617 EQ 10-17-11
Current Score: EQ 767 TU 769 EX 749 (all FICO but who really knows?)
Goal Score: 800


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Valued Contributor
creditnocash
Posts: 1,922
Registered: ‎07-23-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0

im sure thats not the only reason you were denied. 

(my letter is unreadable online) waiting for the mail version

 

but anyway i got denied with the 721 score. 

but they made no mention of having a psl zync. 

they did mention time as amex member to short though. (since sept) which is just a filler reason in my opinion. 

 

i haven't heard anyone getting it removed, i have heard of people with npsl zync's getting approved for other cards. 

i have seen a couple people close zyncs re-apply and get approved. but im not willing too take that chance anytime soon. 

Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13)

Starting total revolving credit: $2600 | Current total revolving credit: $21,600

Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012


2013 Goals:
Freedom Signature
Costco:True Earnings

Amex Zync(Unicorn)
Chase Freedom$1500
Citizens Mastercard$5000
Established Contributor
colindidit
Posts: 640
Registered: ‎11-13-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0

Hmm. Ill have to think about that...I really likemy Zync hah. I'll wait til my credit report updates in 2 weeks when I pay all my debt off then close and wait the 30 days...maybe

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Valued Contributor
creditnocash
Posts: 1,922
Registered: ‎07-23-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0


colindidit wrote:

Hmm. Ill have to think about that...I really likemy Zync hah. I'll wait til my credit report updates in 2 weeks when I pay all my debt off then close and wait the 30 days...maybe


what's your aaoa? 

Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13)

Starting total revolving credit: $2600 | Current total revolving credit: $21,600

Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012


2013 Goals:
Freedom Signature
Costco:True Earnings

Amex Zync(Unicorn)
Chase Freedom$1500
Citizens Mastercard$5000
Established Contributor
colindidit
Posts: 640
Registered: ‎11-13-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0

A little under two years which is another reason I don't wanna close anything I've only ever closed one card

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Frequent Contributor
scenery_guy
Posts: 453
Registered: ‎07-24-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0


colindidit wrote:

A little under two years which is another reason I don't wanna close anything I've only ever closed one card


How long have you had the card? If it's less than a year keep it, use it and pay in full. That's the behavior AMEX seems to like. 

Established Contributor
colindidit
Posts: 640
Registered: ‎11-13-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0

Since Aug. Been almost 6 month...after a year Ill call and ask

 

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Frequent Contributor
E150GT
Posts: 258
Registered: ‎12-30-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0

Just curious, how did you get a hard limit placed on your card? Or how does one get a limit placed on it?


CSP-$5700, Amex BCE-2k, Chase Freedom-$500
Discover It-$6600, USAA MC-$4500
EQ-742 EX-702 TU-?
Established Contributor
colindidit
Posts: 640
Registered: ‎11-13-2012

Re: Zync with spending limit so unable to be approved for other Amex cards??0

When i applied I had high utilization but I paid off by the time I got the card..IN two weeks I'm gonna call and ask when my cc debt is paid off.

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