topic Re: Approved for AmEx Zync.....through my DW :-/ in Credit Cards

Approved for AmEx Zync.....through my DW :-/

Anonymous — Wed, 21 Dec 2011 12:18:57 GMT

So after I was declined for the AmEx Zync I told my DW and discussed the benefits of being able to backdate for 2011. She agreed with me on the point of creating a good history with a Prime CCC. So tonight she app'd and got an insta-approval, I was super happy for my DW, though I would be remiss not to mention that I felt like a bit of a dolt not being able to qualify for the same card days before. I'm supervising our little family's journey to the 700 club...was encouraging to app worth the benefit? I feel like it will be a good foot in the door, later down the road I understand we can PC to a Gold or whatever else once we get a nice history with AmEx. Also I was denied literally days ago, can she add me the same way we did with her Chase Freedom? It cost $15 for another card it said, does it benefit me credit wise? I'm a joint now on her Chase Freedom. I wonder if I should just cancel my Orchard Bank CC ($300 CL), it's my oldest CC, opened in August '11, anyway I'll just make a new thread in the Rebuilding Credit area. So thanks to my DW I am being adopted into the AmEx family. It's true, Santa DOES exist!

Re: Approved for AmEx Zync.....through my DW :-/

RyVision — Wed, 21 Dec 2011 13:39:54 GMT

@Anonymous wrote:
So after I was declined for the AmEx Zync I told my DW and discussed the benefits of being able to backdate for 2011. She agreed with me on the point of creating a good history with a Prime CCC. So tonight she app'd and got an insta-approval, I was super happy for my DW, though I would be remiss not to mention that I felt like a bit of a dolt not being able to qualify for the same card days before. I'm supervising our little family's journey to the 700 club...was encouraging to app worth the benefit? I feel like it will be a good foot in the door, later down the road I understand we can PC to a Gold or whatever else once we get a nice history with AmEx. Also I was denied literally days ago, can she add me the same way we did with her Chase Freedom? It cost $15 for another card it said, does it benefit me credit wise? I'm a joint now on her Chase Freedom. I wonder if I should just cancel my Orchard Bank CC ($300 CL), it's my oldest CC, opened in August '11, anyway I'll just make a new thread in the Rebuilding Credit area. So thanks to my DW I am being adopted into the AmEx family. It's true, Santa DOES exist!

Congrats!

Do not feel like "a bit of a dolt" for not qualifying for the same card days before. A credit scoring method (the one you're talking about is also a bit unique to AMEX) is no measure of someone as a person, a partner or anything else for that matter other than that snapshot of their credit info that split second at when a creditor pulled it to look at it. It's very fluid on how it changes from day to day, a person isn't. A person can change their credit profile and score, the CR and Score does NOT change the person. No one starts out being able to get an instant approval for a 5 figure prime card, we all start somewhere and build a foundation first.

I think it's a great idea to get in with AMEX, I also think it's a good idea to be added as an AU on your wifes card, it would give you an established member since date with AMEX. You may as well have her add you this month if she's ok with that, it will give you this year for your date (anything you add in Jan of other years will report as Jan of 2011 even though you became a member in Dec). You don't even have to carry the card, just use it once in a while so it shows it's active on her account (if she's worried about CC's, have her keep it in her possession, it's not unusual at all. A lot of people are nervous about credit cards). You don't even have to be a joint card holder on the AMEX, it will report for you as well as give you the MS date (I saw you were added as joint on Chase). With AMEX authorized user works fine. I'd say it's worth the extra $15 for that benefit.

If you plan to cancel your Orchard, do it the month before you'd be looking at the AF being added. You might consider getting a Capital One card before then, they may be better than Orchard, I'm not sure, I have CapOne with no real complaints. Or maybe even consider something a bit more prime, I have no idea of your score or CR info. It's good to have a card active with yourself as the primary holder, even if it is Orchard. I've never had an Orchard CC so others will probably chime in about that issue. Whatever you decide to apply for, research it here (and elsewhere) before applying so you know what you're getting.

The very fact that you're looking at MyFico forums is a good sign BTW. It's a great source of info and indicates your serious about taking care of your credit.

As you'll read there are all kinds of things to consider, like getting in with a CU (if you qualify for any, it's a very good idea).

You'll also be relieved to know not everyone will be this verbose when replying LOL Most of the posts are under thesis level verbiage

Again, Big Congrats and Happy Holidays to you and your family

Re: Approved for AmEx Zync.....through my DW :-/

Anonymous — Wed, 21 Dec 2011 18:03:56 GMT

@RyVision wrote:
@Anonymous wrote:
So after I was declined for the AmEx Zync I told my DW and discussed the benefits of being able to backdate for 2011. She agreed with me on the point of creating a good history with a Prime CCC. So tonight she app'd and got an insta-approval, I was super happy for my DW, though I would be remiss not to mention that I felt like a bit of a dolt not being able to qualify for the same card days before. I'm supervising our little family's journey to the 700 club...was encouraging to app worth the benefit? I feel like it will be a good foot in the door, later down the road I understand we can PC to a Gold or whatever else once we get a nice history with AmEx. Also I was denied literally days ago, can she add me the same way we did with her Chase Freedom? It cost $15 for another card it said, does it benefit me credit wise? I'm a joint now on her Chase Freedom. I wonder if I should just cancel my Orchard Bank CC ($300 CL), it's my oldest CC, opened in August '11, anyway I'll just make a new thread in the Rebuilding Credit area. So thanks to my DW I am being adopted into the AmEx family. It's true, Santa DOES exist!
Congrats!

Do not feel like "a bit of a dolt" for not qualifying for the same card days before. A credit scoring method (the one you're talking about is also a bit unique to AMEX) is no measure of someone as a person, a partner or anything else for that matter other than that snapshot of their credit info that split second at when a creditor pulled it to look at it. It's very fluid on how it changes from day to day, a person isn't. A person can change their credit profile and score, the CR and Score does NOT change the person. No one starts out being able to get an instant approval for a 5 figure prime card, we all start somewhere and build a foundation first.

I think it's a great idea to get in with AMEX, I also think it's a good idea to be added as an AU on your wifes card, it would give you an established member since date with AMEX. You may as well have her add you this month if she's ok with that, it will give you this year for your date (anything you add in Jan of other years will report as Jan of 2011 even though you became a member in Dec). You don't even have to carry the card, just use it once in a while so it shows it's active on her account (if she's worried about CC's, have her keep it in her possession, it's not unusual at all. A lot of people are nervous about credit cards). You don't even have to be a joint card holder on the AMEX, it will report for you as well as give you the MS date (I saw you were added as joint on Chase). With AMEX authorized user works fine. I'd say it's worth the extra $15 for that benefit.

If you plan to cancel your Orchard, do it the month before you'd be looking at the AF being added. You might consider getting a Capital One card before then, they may be better than Orchard, I'm not sure, I have CapOne with no real complaints. Or maybe even consider something a bit more prime, I have no idea of your score or CR info. It's good to have a card active with yourself as the primary holder, even if it is Orchard. I've never had an Orchard CC so others will probably chime in about that issue. Whatever you decide to apply for, research it here (and elsewhere) before applying so you know what you're getting.

The very fact that you're looking at MyFico forums is a good sign BTW. It's a great source of info and indicates your serious about taking care of your credit.
As you'll read there are all kinds of things to consider, like getting in with a CU (if you qualify for any, it's a very good idea).

You'll also be relieved to know not everyone will be this verbose when replying LOL Most of the posts are under thesis level verbiage

Again, Big Congrats and Happy Holidays to you and your family

Amen

Re: Approved for AmEx Zync.....through my DW :-/

pizzadude — Wed, 21 Dec 2011 18:20:09 GMT

Hey, congrats ! Being an additional cardmember will be great and when you are you approved for your own card you will benefit from the backdating !

Re: Approved for AmEx Zync.....through my DW :-/

Anonymous — Wed, 21 Dec 2011 18:42:18 GMT

@RyVision wrote:
@Anonymous wrote:
So after I was declined for the AmEx Zync I told my DW and discussed the benefits of being able to backdate for 2011. She agreed with me on the point of creating a good history with a Prime CCC. So tonight she app'd and got an insta-approval, I was super happy for my DW, though I would be remiss not to mention that I felt like a bit of a dolt not being able to qualify for the same card days before. I'm supervising our little family's journey to the 700 club...was encouraging to app worth the benefit? I feel like it will be a good foot in the door, later down the road I understand we can PC to a Gold or whatever else once we get a nice history with AmEx. Also I was denied literally days ago, can she add me the same way we did with her Chase Freedom? It cost $15 for another card it said, does it benefit me credit wise? I'm a joint now on her Chase Freedom. I wonder if I should just cancel my Orchard Bank CC ($300 CL), it's my oldest CC, opened in August '11, anyway I'll just make a new thread in the Rebuilding Credit area. So thanks to my DW I am being adopted into the AmEx family. It's true, Santa DOES exist!
Congrats!

Do not feel like "a bit of a dolt" for not qualifying for the same card days before. A credit scoring method (the one you're talking about is also a bit unique to AMEX) is no measure of someone as a person, a partner or anything else for that matter other than that snapshot of their credit info that split second at when a creditor pulled it to look at it. It's very fluid on how it changes from day to day, a person isn't. A person can change their credit profile and score, the CR and Score does NOT change the person. No one starts out being able to get an instant approval for a 5 figure prime card, we all start somewhere and build a foundation first.

I think it's a great idea to get in with AMEX, I also think it's a good idea to be added as an AU on your wifes card, it would give you an established member since date with AMEX. You may as well have her add you this month if she's ok with that, it will give you this year for your date (anything you add in Jan of other years will report as Jan of 2011 even though you became a member in Dec). You don't even have to carry the card, just use it once in a while so it shows it's active on her account (if she's worried about CC's, have her keep it in her possession, it's not unusual at all. A lot of people are nervous about credit cards). You don't even have to be a joint card holder on the AMEX, it will report for you as well as give you the MS date (I saw you were added as joint on Chase). With AMEX authorized user works fine. I'd say it's worth the extra $15 for that benefit.

If you plan to cancel your Orchard, do it the month before you'd be looking at the AF being added. You might consider getting a Capital One card before then, they may be better than Orchard, I'm not sure, I have CapOne with no real complaints. Or maybe even consider something a bit more prime, I have no idea of your score or CR info. It's good to have a card active with yourself as the primary holder, even if it is Orchard. I've never had an Orchard CC so others will probably chime in about that issue. Whatever you decide to apply for, research it here (and elsewhere) before applying so you know what you're getting.

The very fact that you're looking at MyFico forums is a good sign BTW. It's a great source of info and indicates your serious about taking care of your credit.
As you'll read there are all kinds of things to consider, like getting in with a CU (if you qualify for any, it's a very good idea).

You'll also be relieved to know not everyone will be this verbose when replying LOL Most of the posts are under thesis level verbiage

Again, Big Congrats and Happy Holidays to you and your family

Thank you for the reply! I do feel better after I talking to her about it, she is going to add me on this morning for backdating purposes. I do have a Capital One $500 CL so I'll have to decide what I want to do with the Orchard since we are applying for a mortgage next holiday season. Perhaps next year after we buy a home I can PC to a Gold or something with some nice rewards....thanks again!

Re: Approved for AmEx Zync.....through my DW :-/

MMAYFIELD0309 — Thu, 22 Dec 2011 00:00:29 GMT

So with AMEX, if i'm added as an authorized user and lets say 6 months down the line I app and qualify for my own account, will the date back date to that of the account i was an authorized user on? And then @ that point, if I decided to be removed as an authorized user and it does indeed use the open date for the account I was the authorized user on, will it keep that date or be replaced by the date I originally opened it myself?

Thanks!

Re: Approved for AmEx Zync.....through my DW :-/

LS2982 — Thu, 22 Dec 2011 00:07:41 GMT

Must resist the urge to app for this card, please inner-self!!!!!

Re: Approved for AmEx Zync.....through my DW :-/

Anonymous — Thu, 22 Dec 2011 00:15:21 GMT

@MMAYFIELD0309 wrote:
@Anonymous with AMEX, if i'm added as an authorized user and lets say 6 months down the line I app and qualify for my own account, will the date back date to that of the account i was an authorized user on? And then @ that point, if I decided to be removed as an authorized user and it does indeed use the open date for the account I was the authorized user on, will it keep that date or be replaced by the date I originally opened it myself?

Thanks!

I don't believe a new account would backdate to AU year. AUs aren't considered members.

Heck!! I don't even believe being an AU opens the door to an Amex card.

Re: Approved for AmEx Zync.....through my DW :-/

MMAYFIELD0309 — Thu, 22 Dec 2011 00:39:10 GMT

Lol. Had me thinking. I was gonna say if thats the case then! Haha

Thanks

Re: Approved for AmEx Zync.....through my DW :-/

Anonymous — Thu, 22 Dec 2011 00:48:29 GMT

There have been success stories of AMEX backdating to an AU account. Do a quick search and you'll find them.

Re: Approved for AmEx Zync.....through my DW :-/

Anonymous — Thu, 22 Dec 2011 01:28:04 GMT

AMEX AU get their own account number

Re: Approved for AmEx Zync.....through my DW :-/

CS800 — Thu, 22 Dec 2011 01:31:36 GMT

@Anonymous wrote:
AMEX AU get their own account number

Are you sure? I thought AU's shared the same card number; basically they are just piggybacking.

Re: Approved for AmEx Zync.....through my DW :-/

Anonymous — Thu, 22 Dec 2011 01:35:54 GMT

I'm an AU on my father's gold card and I have a different account number than him. I'm waiting until January to apply for my own with hopes of getting it backdated to 2005.

Re: Approved for AmEx Zync.....through my DW :-/

RyVision — Thu, 22 Dec 2011 04:52:08 GMT

For those not sure of how AMEX, Backdating and AU's work. From someone who's been there;

Holding 2 cards in my hand. One my primary account, BD'd to 89, the other an AU, my Mothers who I added MS date 11. If you don't get your Primary BD'd to your own MS, you call and request, it's good to have proof. If you're an AU, the MS date on your card is just that, and for any new accounts you add yourself later, yes you have different account numbers on the cards, how do you think they separate the spending breakdown etc for the end of the year statement? I see 2 separate activity lists online, 1 per card (and account number).

I asked if my mother got another AMEX if she could use my MS date, no, just the AU date when she became a MEMBER under my account, which would always be her MS date even on any new individual account she might later add with her as primary. AU's are most certainly considered members and get all the perks of any card they are AU on.

Re: Approved for AmEx Zync.....through my DW :-/

JusdoNit — Thu, 22 Dec 2011 05:07:47 GMT

@RyVision wrote:
For those not sure of how AMEX, Backdating and AU's work. From someone who's been there;

Holding 2 cards in my hand. One my primary account, BD'd to 89, the other an AU, my Mothers who I added MS date 11. If you don't get your Primary BD'd to your own MS, you call and request, it's good to have proof. If you're an AU, the MS date on your card is just that, and for any new accounts you add yourself later, yes you have different account numbers on the cards, how do you think they separate the spending breakdown etc for the end of the year statement? I see 2 separate activity lists online, 1 per card (and account number).

I asked if my mother got another AMEX if she could use my MS date, no, just the AU date when she became a MEMBER under my account, which would always be her MS date even on any new individual account she might later add with her as primary. AU's are most certainly considered members and get all the perks of any card they are AU on.

Nice! I liked hearing that. Real Nice.

Re: Approved for AmEx Zync.....through my DW :-/

pizzadude — Thu, 22 Dec 2011 05:21:32 GMT

Just for the record, AMEX does not use the term Authorized User ( AU ). You can add an Additional Cardmember to your account.

Re: Approved for AmEx Zync.....through my DW :-/

RyVision — Thu, 22 Dec 2011 05:43:46 GMT

@pizzadude wrote:

Just for the record, AMEX does not use the term Authorized User ( AU ). You can add an Additional Cardmember to your account.

LOL true, but no one would know what I meant if I wrote "ACM". Oh, I should add, my Mother had an AMEX back in the early 70's or late 60's with my Father. AMEX could not locate the account (probably due to age), though they said if we could find one of the cards they would BD her card under my account to that date. She was an ACM on dad's account I would think, unless they had joint accounts then (she doesn't remember or really care). Sadly I doubt they'd BD mine back to that date being she's under my account Then I could say "yeah, it was great, had my own crib, diapers, rattle and an AMEX!"

Re: Approved for AmEx Zync.....through my DW :-/

clocktick — Thu, 22 Dec 2011 14:39:00 GMT

Congrats to your DW! My SO just got approved for a Discover with better terms than I did so I know how you feel. Since your oldest card is only since Aug. '11, you should be well on your way to expand your Amex family in a year or so (among other companies too)!

@CS800 wrote:

@Anonymous wrote:
AMEX AU get their own account number
Are you sure? I thought AU's shared the same card number; basically they are just piggybacking.

I can attest to this. While I'm an AU on Chase and Citi with the same account number, I have an "AU" on all 3 of my Amex cards and they all have separate account numbers (off by only one digit I believe). You can even separate them on the site too by name and charges.

Re: ACM and AU's and back dating?

Anonymous — Sat, 08 Sep 2012 10:21:39 GMT

What if one had an Amex card showing up on Transunion back from 1976, and they became an ACM or AU could that card be back-dated to 1976? And then lets say that person later was approved for an an Amex card on their own, and if they were to add an ACM or AU to their new account would the ACM or AU profile be back dated to 1976?