topic Re: Amex AAoA in Credit Cards

Amex AAoA

merlinflex — Sat, 10 Jan 2015 15:01:11 GMT

So, I have had an Amex card since 1990 and I just recently, yesterday, decided to get the Amex BCE and got a $10K limit. So once approved, I linked to my current Amex online account and see that it says "member since 1990" when I go to both accounts. Does that mean I will now have an additional card reporting back to 1990? If so, that would help my overall AAoA all together, yes?

https://imgur.com/z5Gh6oC

Thanks in advance!

Re: Amex AAoA

Anonymous — Sat, 10 Jan 2015 15:04:06 GMT

@merlinflex wrote:
So, I have had an Amex card since 1990 and I just recently, yesterday, decided to get the Amex BCE and got a $10K limit. So once approved, I linked to my current Amex online account and see that it says "member since 1990" when I go to both accounts. Does that mean I will now have an additional card reporting back to 1990? If so, that would help my overall AAoA all together, yes?

https://imgur.com/z5Gh6oC

Thanks in advance!

Yes and yes.

Re: Amex AAoA

Anonymous — Sat, 10 Jan 2015 15:04:53 GMT

Yes and Yes

Re: Amex AAoA

Anonymous — Sat, 10 Jan 2015 15:05:06 GMT

Yes it will auto backdate. All of mine have. It will report to the CRAs and it will help your AAoA.

Re: Amex AAoA

merlinflex — Sat, 10 Jan 2015 15:06:35 GMT

Sweet!! Thanks! That is good news! Thanks all!

Re: Amex AAoA

Anonymous — Sat, 10 Jan 2015 15:07:20 GMT

Irish beat me to it! Darn phone and its slow refreshing

Re: Amex AAoA

Anonymous — Sat, 10 Jan 2015 15:09:55 GMT

@Anonymous wrote:
Irish beat me to it! Darn phone and its slow refreshing

Yeah, phone will slow you up. I have my iPad. Unfair advantage 😀

Re: Amex AAoA

EW800 — Sat, 10 Jan 2015 15:29:12 GMT

Sounds like I am in the same boat. Can anyone comment? I have had an Amex card since 1997 in good standing. About three weeks I was approved for the Amex Everyday. The card says member since 1997, as does the on-line account. This card has not hit my credit reports yet, however it sounds like this should not have a negative impact on my AAoA, as it will show as an account since 1997?

Re: Amex AAoA

Anonymous — Sat, 10 Jan 2015 15:35:29 GMT

@EW800 wrote:
Sounds like I am in the same boat. Can anyone comment? I have had an Amex card since 1997 in good standing. About three weeks I was approved for the Amex Everyday. The card says member since 1997, as does the on-line account. This card has not hit my credit reports yet, however it sounds like this should not have a negative impact on my AAoA, as it will show as an account since 1997?

Correct. It will show as 1997 and help, not hurt, your AAoA

Re: Amex AAoA

merlinflex — Sat, 10 Jan 2015 15:35:50 GMT

From what I am hearing and what I have read, it will help and hit your CR's in a few weeks or so. That is what I am waiting to see. I don't even have the card yet, but guessing it will show up in a week or so and then I will activate and probably will hit my CR shortly afterwards, a month max I am guessing! Congrats to you too!

Re: Amex AAoA

merlinflex — Sat, 10 Jan 2015 15:40:34 GMT

And I have my wife on both my Amex Gold and this new Amex BCE card as well. Hoping that helps her AAoA as well. Funny thing is, she is seven years younger than me, so if you do the math, she would have been 11 years old in in 1990! I wonder if they, being the financial people, ever look at those type of thing? Her scores are decent, they hover around 720 right now and nothing bad or charge offs or lates or anything negative at all. So hoping her CR scores will benefit from this as well!

Re: Amex AAoA

Anonymous — Sat, 10 Jan 2015 15:44:24 GMT

@merlinflex wrote:
And I have my wife on both my Amex Gold and this new Amex BCE card as well. Hoping that helps her AAoA as well. Funny thing is, she is seven years younger than me, so if you do the math, she would have been 11 years old in in 1990! I wonder if they, being the financial people, ever look at those type of thing? Her scores are decent, they hover around 720 right now and nothing bad or charge offs or lates or anything negative at all. So hoping her CR scores will benefit from this as well!

Someone please feel free to correct me if wrong but I dont believe thats how it will work for her. She wouldnt inherit your MSD, it would only show the year you added her to your account on her report

Re: Amex AAoA

coldnmn — Sat, 10 Jan 2015 15:50:27 GMT

@Anonymous wrote:
@merlinflex wrote:
And I have my wife on both my Amex Gold and this new Amex BCE card as well. Hoping that helps her AAoA as well. Funny thing is, she is seven years younger than me, so if you do the math, she would have been 11 years old in in 1990! I wonder if they, being the financial people, ever look at those type of thing? Her scores are decent, they hover around 720 right now and nothing bad or charge offs or lates or anything negative at all. So hoping her CR scores will benefit from this as well!
Someone please feel free to correct me if wrong but I dont believe thats how it will work for her. She wouldnt inherit your MSD, it would only show the year you added her to your account on her report

Correct, her date on future cards of her own will be MSD from when she became an AU user on husbands account.

Re: Amex AAoA

merlinflex — Sat, 10 Jan 2015 15:52:39 GMT

Ahhh...ok..got it! nice to know, appreciate it! That answers that question! Wish it was otherwise, but still good for our overall FICO health!