05-16-2011 10:14 AM
hi , just applied for the amex zync online and got this interesting respond online that they are not able to approve me for the regular amex zync card however i have the 2 offers options to choose one first option offer a amex zync card with a 500$ spending limit but i need to enrol it to a auto pay linked to checking account plus a 10$ credit on my first statement or second option 200$ spending limit with no auto pay linked i picked the first offer and was instant approved anyone had this experience with amex ? will my spending limit ever increase ? how is the bestway to use the card not to get bumped into a FR?
05-16-2011 10:33 AM
a couple of members have posted that as their approval usually its because of low scores of the reason stating that
05-16-2011 11:24 AM
Yep i have the same deal on my card, a CSR explained to me that after 6 months of monitoring your spending habit's your card becomes eligible to have the limit increased or removed all together. i didnt ask if there was a magic formula for getting it removed, but i just pay my balance off at the end of the week.
05-16-2011 01:39 PM
Just another way to make sure your spending is under control in my opinion a good thing for those new to credit.
I assume autopay takes the fulll payment from your checking account on or before due day. You have to be sure you have enough in checking.