Valued Contributor
Duncanrr
Posts: 2,500
Registered: ‎06-08-2012
Just got 1st AMEX Zync statement

‎10-12-2012 06:41 PM

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 678 TU 702 (Amex pull) EX 724 (Amex) CK 682 (FAKO-EX 684, EQ 684, TU 684)
Goal Score: 750
Take the FICO Fitness Challenge
(551 Views)
 
Valued Contributor
creditnocash
Posts: 1,922
Registered: ‎07-23-2012
Re: Just got 1st AMEX Zync statement

‎10-12-2012 06:48 PM

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: 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
(535 Views)
 
Regular Contributor
GoldenloveNY
Posts: 227
Registered: ‎02-29-2012
Re: Just got 1st AMEX Zync statement

‎10-12-2012 06:55 PM

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
(519 Views)
 
Valued Contributor
creditnocash
Posts: 1,922
Registered: ‎07-23-2012
Re: Just got 1st AMEX Zync statement

‎10-12-2012 06:58 PM

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: 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
(513 Views)
 
Regular Contributor
GoldenloveNY
Posts: 227
Registered: ‎02-29-2012
Re: Just got 1st AMEX Zync statement

‎10-12-2012 07:02 PM

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
(503 Views)
 
Valued Contributor
Ron1
Posts: 2,870
Registered: ‎05-23-2009
Re: Just got 1st AMEX Zync statement

‎10-12-2012 07:02 PM

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.

(502 Views)
 
Valued Contributor
jsucool76
Posts: 2,649
Registered: ‎12-11-2011
Re: Just got 1st AMEX Zync statement

‎10-12-2012 07:04 PM

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: 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart: 1300CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
(495 Views)
 
Valued Contributor
Duncanrr
Posts: 2,500
Registered: ‎06-08-2012
Re: Just got 1st AMEX Zync statement

‎10-12-2012 07:11 PM

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 678 TU 702 (Amex pull) EX 724 (Amex) CK 682 (FAKO-EX 684, EQ 684, TU 684)
Goal Score: 750
Take the FICO Fitness Challenge
(474 Views)
 
Frequent Contributor
jd5189
Posts: 470
Registered: ‎08-14-2012
Re: Just got 1st AMEX Zync statement

‎10-12-2012 07:14 PM

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.
(456 Views)
 
Valued Contributor
jsucool76
Posts: 2,649
Registered: ‎12-11-2011
Re: Just got 1st AMEX Zync statement

‎10-12-2012 07:16 PM

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!

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart: 1300CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
(449 Views)