Re: Future for Zync holders
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.
Merrill+ Visa Signature ($25,000.00), Amex BCP ($24,000.00), Amex Green (NPSL), Capital One Quicksilver ($2,500.00), US Bank Business Visa Platinum
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)