topic Re: Time Frame to apply for Gold Premier Amex after getting Zync in Credit Cards

Time Frame to apply for Gold Premier Amex after getting Zync

Anonymous — Fri, 26 Nov 2010 02:37:06 GMT

My original goal is to get the Gold Amex Premier. I wanted to get in the good graces by acquiring the Zync

What is the time frame one should consider when applying again to amex to get the gold premier ?

Thanks

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Anonymous — Fri, 26 Nov 2010 03:19:04 GMT

6 months.

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Anonymous — Fri, 26 Nov 2010 03:19:18 GMT

I too have GCP aspirations with AMEX, and recently got in with them again with my Zync. I wouldn't really imagine app'ing for that until I have shown 6 months at least with them at minimum, personally...though I have read of others moving up immediately.

Also, as a cardmember I would try to see if I get some sort of pre screened offer before I app as well...but we will see what others think.

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Anonymous — Fri, 26 Nov 2010 17:30:17 GMT

I always have the offer to upgrade to the Golds and Platinum which I considered a preapproval to pay more in annual fees. Today, I added my GF to my Green and was going to upgrade to the Premier Gold but it said my account was not eligible. It's so odd...

Re: Time Frame to apply for Gold Premier Amex after getting Zync

ChampagneWishes — Fri, 26 Nov 2010 22:49:50 GMT

Same goal for me. Everyone, please post if/when you end up upgrading! I just got Zync a month ago and was planning on waiting 6-9 months, unless a Gold offer appears in my account sooner. I'm using my Zync all I can for "classic Amex" charges like flights, hotels and restaurants. I've made 2 payments already so they wouldn't get nervous (I've spent about $1900 in my first month due to some business travel), and am hoping they see my behavior and think GOLD! I'll post if/when I get there, but otherwise I'll keep an eye out here for any updates. Good luck!!

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Creditaddict — Fri, 26 Nov 2010 23:13:48 GMT

If you wanted Gold from the beginning, why did you apply for zync? If they are going to approve you for a charge card, pretty sure you would be approved for any one. Also be sure to weigh out the rewards, I actually find the Zync better than the Gold for rewards for me. Also you can product Change after you have had the card a year.

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Anonymous — Fri, 26 Nov 2010 23:28:42 GMT

From what I have read there is still credit worthiness u have to meet prior to being approved for the higher rewards cards. I prefer to get the card I know is attainable and prove a solid history again with amex and reach for the higher card. If anyone was approved I'm sure we would have some centurion black card holders all around as it too is a charge card but witha higher fee

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Creditaddict — Sat, 27 Nov 2010 05:10:35 GMT

@Anonymous wrote:
From what I have read there is still credit worthiness u have to meet prior to being approved for the higher rewards cards. I prefer to get the card I know is attainable and prove a solid history again with amex and reach for the higher card. If anyone was approved I'm sure we would have some centurion black card holders all around as it too is a charge card but witha higher fee

Anyone can have a black card now... you just have to show 1 year of over $250k spending on a charge card and get your checkbook out to pay the $5k acceptance fee and the $7500 annual fee and $3500 additional card fee (i believe those were the figures when I last talked to them

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Anonymous — Sat, 27 Nov 2010 05:30:23 GMT

Agreed - but come on I mean $250,000.00 lol that isn't chump change man. Plus you get invited for the black card. My father has one he has done well for himself - trust me you have to be earning to get into that line of cards.

Anyways - point of this thread is to see who here has had success applying for a secondary card such as the gold premier after attaining green, or zync so a educational decision can be made in the future.

Please take note I mean no disrespect in anyway. Just table conversation here on my part.

Thanks

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Creditaddict — Sat, 27 Nov 2010 05:34:33 GMT

@Anonymous wrote:
Agreed - but come on I mean $250,000.00 lol that isn't chump change man. Plus you get invited for the black card. My father has one he has done well for himself - trust me you have to be earning to get into that line of cards.

Anyways - point of this thread is to see who here has had success applying for a secondary card such as the gold premier after attaining green, or zync so a educational decision can be made in the future.

Please take note I mean no disrespect in anyway. Just table conversation here on my part.

Thanks

you no longer have to be invited, just meet the spending requirement and be willing to pay the fees. which yes you need some serious earning to be up in that category.

usually when I hear people getting a second card with amex, they go with a credit card product, not another charge card... I would say with about 90% confidence, you could apply and get a gold premier now if you wanted one and either keep zync or close it out.

but again I rather apply for a credit card product at 6 months and just wait to 12 months with zync and do product change so you don't have another new inq and new account

Re: Time Frame to apply for Gold Premier Amex after getting Zync

ChampagneWishes — Sat, 27 Nov 2010 05:52:16 GMT

For the record, I was definitely under the impression that Zync was much easier to obtain than the other charge cards (Green and up). After searching through these forums, it seems like most people are under that impression as well...? I could definitely be wrong, but for someone with no preapproved offers and an iffy credit report, I felt much safer apping for a card that's clearly geared toward younger people without a long and flawless history. I definitely would have taken the Gold right away, but thought it wise to err on the side of Zync.

I applied for Zync with the intent to switch over to a Gold card plus a Blue within a year or so. Don't mind the annual fee on the Gold. I want the full rewards program and points earning potential of the Gold Premier and the reporting credit limit of the Blue, and I like that I could use the two cards as sort of a tag-team to maximize my AmEx relationship. Those two plus two other major prime cards would make me a very happy camper.

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Anonymous — Sat, 27 Nov 2010 06:16:46 GMT

@kellygoldston wrote:
For the record, I was definitely under the impression that Zync was much easier to obtain than the other charge cards (Green and up). After searching through these forums, it seems like most people are under that impression as well...? I could definitely be wrong, but for someone with no preapproved offers and an iffy credit report, I felt much safer apping for a card that's clearly geared toward younger people without a long and flawless history. I definitely would have taken the Gold right away, but thought it wise to err on the side of Zync.

I applied for Zync with the intent to switch over to a Gold card plus a Blue within a year or so. Don't mind the annual fee on the Gold. I want the full rewards program and points earning potential of the Gold Premier and the reporting credit limit of the Blue, and I like that I could use the two cards as sort of a tag-team to maximize my AmEx relationship. Those two plus two other major prime cards would make me a very happy camper.

I believe you are correct. The last time I spoke with a CSR at AMEX which was recently they also implied that the ZYNC was the easiest for approval purposes. She had said at the time it is geared toward the younger generation and college kids with less history and some leeway for mistakes.

I also think that while the other cards may require slightly better qualifications they really aren't that stringent. For example the GREEN will accept less history but no leeway for mistakes, the GOLD will need better history and no leeway for mistakes, the PREMIER GOLD will need better history, higher income, and no leeway for mistakes. These are just a guess on my part, but I think it is an idea of how it is determined.

I didn't happen to ask her about a time frame to upgrade or product change, but from the reading I have done about AMEX it looks like 6-12 months is the norm.

Re: Time Frame to apply for Gold Premier Amex after getting Zync

Creditaddict — Sat, 27 Nov 2010 06:20:53 GMT

I don't believe that at all... my friend was approved for gold premier with a 642 TU... Amex pulled both EX and TU for the application.