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Member
YUDA1718
Posts: 14
Registered: ‎05-02-2011
0

anyony had this interesing amex zync approval ?

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?

Frequent Contributor
tsquad131
Posts: 474
Registered: ‎09-12-2010
0

Re: anyony had this interesing amex zync approval ?

a couple of members have posted that as their approval usually its because of low scores of the reason stating that

FICO scores - 727 TU(Walmart)/ 727 EX(Amex app)/ 721 EQ(Discover app)
In My Wallet: BankAmericard Cash Rewards($2,000), Discover More($3,000), Chase Freedom($2,000), Fidelity Amex($1,000), Sam's Club Discover($4,400), SallieMae 5% Mastercard($5,000), Amex BCE($2,000) ,Citi Simplicity($2,000), Paypal SmartConnect($3,100), Walmart Store Card($2,350), Chase Amazon Visa($700), Target RedCard($500), Capital One Cash Rewards($750), Best Buy Store Card($1,900), HHGregg($2,000), Amazon Store Card($1,250),Newegg Preferred Account($2,000), Park West($2,000), BankAmericard Travel Rewards($5,000)
Established Member
minerva
Posts: 23
Registered: ‎04-04-2011
0

Re: anyony had this interesing amex zync approval ?

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.


Starting Score: 570
Current Score: 776
Goal Score: 800


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Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: anyony had this interesing amex zync approval ?

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. 

Regular Contributor
kilps
Posts: 142
Registered: ‎01-01-2011
0

Re: anyony had this interesing amex zync approval ?

Just another way to make sure your spending is under control in my opinion a good thing for those new to credit. 


Wolf3 wrote:

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. 


 

7/6 Equifax Fico - 678, 7/12 EX Fico 720 (lender pull), 7/19 TU Fico 707

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