topic Re: Amex Green reported!!!!! in Credit Cards

Amex Green reported!!!!!

Anonymous — Sat, 02 Jul 2011 14:43:37 GMT

My new Amex Green reported today, and it IS indeed backdated!!! It shows the date opened as 05/1987!!!!!

I pulled my new FICO scores, and was disappointed that I didn't see any jump on my EQ, and only a 3 point jump on my TU. But, I also allowed Amex to report my end of month balance, so my util went from 3% -> 6%. The old accounts that I payed off last month will report in about a week, and I'm paying off one more in a couple of weeks, so my util should adjust back down. I'll play with this -- at least that factor is under my short-term control.

I'm sooooooo happy!!! My AAoA got a 2 year boost on TU, and a year on EQ; this helps to mitigate the effect of all the new accounts I've opened within the last year. And, it anchors my overall history age at 24 years and growing from this point forward. I've actually managed to successfully add a card from a prime issuer WITHOUT taking a new credit ding, but getting a small boost instead!!!!!!

Re: Amex Green reported!!!!!

Anonymous — Sat, 02 Jul 2011 15:07:51 GMT

Congrats! I'm hope I'm able to report the same soon. Again congrats!!

Re: Amex Green reported!!!!!

Anonymous — Sat, 02 Jul 2011 19:47:46 GMT

Congratulations!!!! And Thank you AmEx for backdating, a win win all the way around.

Good for you tinu!!!!

Re: Amex Green reported!!!!!

DI — Sat, 02 Jul 2011 19:55:24 GMT

Congrats!

Re: Amex Green reported!!!!!

Anonymous — Sat, 02 Jul 2011 20:07:32 GMT

@Anonymous wrote:
Congrats! I'm hope I'm able to report the same soon. Again congrats!!

I hope the same for you, likewise. Good luck!

Re: Amex Green reported!!!!!

Datx — Sat, 02 Jul 2011 23:02:09 GMT

Awesome news, and congrats! If I only knew about all of this years ago...gah im so jealous. Good win!

Re: Amex Green reported!!!!!

Anonymous — Sat, 02 Jul 2011 23:05:57 GMT

WIN! A great feeling to come out ahead--cheers! I was amazed what it did to my scores when it happened to me. Big up to AMEX for the favor they do us!

Re: Amex Green reported!!!!!

DI — Mon, 04 Jul 2011 14:47:04 GMT

Hola, Tinuviel

Congrats on your successful update! Did AMEX report your new Green card to the CRAs after your statement closing date?

Re: Amex Green reported!!!!!

Anonymous — Mon, 04 Jul 2011 15:13:30 GMT

@DI wrote:
Hola, Tinuviel

Congrats on your successful update! Did AMEX report your new Green card to the CRAs after your statement closing date?

Hola, DI

Yes, it reported a few days after my closing date.

(o, en español ... Sí, se informó unos días después de la fecha de cierre.)

No soy latina; soy americana. Pero, he estudiado español en la escuela hace muchos años, y recuerdo un poco.

What's confusing me, though, is that while it's showing up on EQ and TU, it hasn't appeared on EX yet. I have no idea why...

Re: Amex Green reported!!!!!

DI — Mon, 04 Jul 2011 16:59:47 GMT

My statement closing date is July 20. Now I know to not look for the update until after that date.

Soy Americano.

Ex is usually the first to update. That's strange they haven't updated yet. I always look at that report first for updates.

Re: Amex Green reported!!!!!

Anonymous — Mon, 04 Jul 2011 17:14:13 GMT

@DI wrote:
My statement closing date is July 20. Now I know to not look for the update until after that date.

Soy Americano.

Ex is usually the first to update. That's strange they haven't updated yet. I always look at that report first for updates.

Entiendo. Yo no quiero dar a entender que no eres. Yo estoy tratando de decir que soy un no-latina que le gusta tener la oportunidad de practicar la conversación en español.

Re: Amex Green reported!!!!!

Anonymous — Tue, 05 Jul 2011 14:10:46 GMT

My statement closed on 6/27 and new Amex account hasn't reported to any CRA. Also, I assumed Membership Rewards points would post after the statement cut and was paid, but still no points in my account. Is that normal?

Re: Amex Green reported!!!!!

Anonymous — Tue, 05 Jul 2011 14:22:51 GMT

@Anonymous wrote:
My statement closed on 6/27 and new Amex account hasn't reported to any CRA. Also, I assumed Membership Rewards points would post after the statement cut and was paid, but still no points in my account. Is that normal?

It took two statements before my account was reported to EQ and TU; still waiting on EX, go figure. My MR points from May just appeared a few days ago. I've read that Amex does have a certain amount of lag time before reporting to the CRAs and awarding points.

Re: Amex Green reported!!!!!

Anonymous — Tue, 05 Jul 2011 14:30:51 GMT

Oh, good. Nice to know that it's standard.

Also wanted to mention: I noticed that you indicated that your utilization would be different based on the Green reporting but it was my understanding that EQ and EX Fico scores don't include Amex charge accounts into utilization calculations. But they do with Amex revolving accounts (as normal). I believe that one version of the TU scoring does take charge accounts into utlization calc.

You may want to verify all that, though.

Re: Amex Green reported!!!!!

Anonymous — Tue, 05 Jul 2011 14:36:25 GMT

@Anonymous wrote:
Oh, good. Nice to know that it's standard.

Also wanted to mention: I noticed that you indicated that your utilization would be different based on the Green reporting but it was my understanding that EQ and EX Fico scores don't include Amex charge accounts into utilization calculations. But they do with Amex revolving accounts (as normal). I believe that one version of the TU scoring does take charge accounts into utlization calc.

You may want to verify all that, though.

I'm just suggesting that as a possibility for why my scores didn't jump by more than 3 points for TU, and not at all for EQ, despite the increase in my history length and AAoA. I have two old accounts that are now PIF and will report a 0 bal in then next few days, so I'll get to see if that affects things at all. I have one last old account that I will finish PIF this month, and will report towards the end of the month.

I'm FINALLY at a point where later this month I'll be 100% free of consumer debt, so I'll have a good chance to play around with reported balances and util. It will be interesting to find out where my best spot is, and which card I should allow to report.

Re: Amex Green reported!!!!!

Anonymous — Tue, 05 Jul 2011 16:06:20 GMT

@Anonymous wrote:
Congratulations!!!! And Thank you AmEx for backdating, a win win all the way around.

Good for you tinu!!!!

And in addition,a MAJOR thank you to this forum! At first I had no intention of responding to the offer to apply, as I honestly believed that I was blacklisted and would waste an inquiry. If forum members hadn't pointed out that -- if I was, indeed, blacklisted, Amex wouldn't even bother to pull my report -- I would have passed on this opportunity. Thanks to the input from forum members, I was able to decide to move forward and was rewarded with my first card from a prime issuer in many, many years -- and gain the benefit from backdating! I am so grateful for the knowledge that forum members share; it helps to be able to make informed decisions. Once again, THANK YOU!!!

Re: Amex Green reported!!!!!

Anonymous — Wed, 06 Jul 2011 14:34:21 GMT

I just checked Experian, and my account has finally appeared! As with the others, the opening date is 05/1987. So, it's official... the account has reported and is backdated with all three CRAs. Yay!

Re: Amex Green reported!!!!!

Anonymous — Wed, 06 Jul 2011 17:14:31 GMT

Congrats!

Mine as well ....... 1991

Re: Amex Green reported!!!!!

Anonymous — Wed, 06 Jul 2011 17:42:55 GMT

@Anonymous wrote:
Congrats!

Mine as well ....... 1991

Congrats to you, too!

Feels great, doesn't it?

Re: Amex Green reported!!!!!

Anonymous — Wed, 06 Jul 2011 18:35:07 GMT

Yep, now I can wipe out the minuscule student loans remaining (like $400 balances minuscule lol) because they've been my oldest 'tradelines'