topic Re: Amex backdate Question in Credit Cards

Amex backdate Question

jgallego13 — Thu, 29 Dec 2011 16:37:55 GMT

First post on here... Definitely want to thank you guys for the great information I've been able to obtain as I work towards improving my credit score. One question I have is, I just had my Amex account backdated and the respresentative shipped out a new card to me. I would like to know, when will this change be reflected on the online account portal? As soon as she made the change over the phone I checked online and saw that it still said "Member since 2011." Thanks!

Re: Amex backdate Question

pizzadude — Thu, 29 Dec 2011 16:39:40 GMT

I'd give it 24 hours for the change to take effect. It may get updated sooner, but give at least a day for everything to switch.

What is your new ( old ) Member Since date ??

Re: Amex backdate Question

jgallego13 — Thu, 29 Dec 2011 16:42:01 GMT

Ok great! My new member since date is 2004. Not that big of a difference as others on here, but I really wanted everything to match up and benefit if at all with the longer age of the acct.

Re: Amex backdate Question

pizzadude — Thu, 29 Dec 2011 16:53:44 GMT

Cool !! Thats great, you will gain 7 years of age on this account ~ and any new cards that you open will backdate to '04 as well !!

Re: Amex backdate Question

2NE1 — Thu, 29 Dec 2011 18:29:21 GMT

@pizzadude wrote:

Cool !! Thats great, you will gain 7 years of age on this account ~ and any new cards that you open will backdate to '04 as well !!

Oh! so this is what backdating means... gotcha! is AmEx the only OC that does this?

Re: Amex backdate Question

pizzadude — Thu, 29 Dec 2011 18:59:11 GMT

Yes ~ AMEX is the only Company that does this, and it is one of the main reasons that many people want to get in the door with AMEX.

Re: Amex backdate Question

jgallego13 — Thu, 29 Dec 2011 21:34:29 GMT

Success! It just changed on the online account portal!

Re: Amex backdate Question

pizzadude — Thu, 29 Dec 2011 21:47:37 GMT

That's great ! Congrats on the backdating success ! All you need to do now is decide on your next card and app in January, that card would have Jan 2004 as date opened.

Re: Amex backdate Question

Anonymous — Thu, 29 Dec 2011 23:46:52 GMT

@pizzadude wrote:

That's great ! Congrats on the backdating success ! All you need to do now is decide on your next card and app in January, that card would have Jan 2004 as date opened.

iv seen amex take 2 months to report

Re: Amex backdate Question

pizzadude — Thu, 29 Dec 2011 23:52:33 GMT

-----> iv seen amex take 2 months to report

Yes, it can take up to 2 or 3 statement cycles to report. But when it finally does report in March, or whenever.... it will show date opened of Jan 2004.

Re: Amex backdate Question

Odiseous — Thu, 29 Dec 2011 23:53:13 GMT

@Anonymous wrote:
@pizzadude wrote:

That's great ! Congrats on the backdating success ! All you need to do now is decide on your next card and app in January, that card would have Jan 2004 as date opened.

iv seen amex take 2 months to report

This is YMMV as usual.

My AmEx BC reported in about 2 months. My Mercedes AmEx (opened in August) still hasn't reported.

Re: Amex backdate Question

sdoonan — Fri, 30 Dec 2011 00:32:20 GMT

My AMEX took 6 months to initially report. Very strange.

Re: Amex backdate Question

JustMe77 — Fri, 30 Dec 2011 02:36:01 GMT

Slightly off topic, but does Amex backdate with all Amex accounts (charge accounts + credit accounts), or just charge accounts?

I'm interested in the Costco Amex but don't have the credit score for it now. I'm pre-approved (according to Amex) for their Green, Gold, and Zync cards so maybe I should apply for a Zync card now?

Re: Amex backdate Question

Anonymous — Fri, 30 Dec 2011 03:31:54 GMT

@JustMe77 wrote:
Slightly off topic, but does Amex backdate with all Amex accounts (charge accounts + credit accounts), or just charge accounts?

I'm interested in the Costco Amex but don't have the credit score for it now. I'm pre-approved (according to Amex) for their Green, Gold, and Zync cards so maybe I should apply for a Zync card now?

Amex backdates all of their accounts and I would apply for the Green or Zync if you don't want to pay $95 AF for the Green Card. If you want take a shot also apply for the Costco Amex once you have been approved for the charge card...from reading other people's experience only one pull was used for both applications in the same day but YMMV

Re: Amex backdate Question

-Cain- — Fri, 30 Dec 2011 05:08:51 GMT

I recently applied for both Green and Costco TE on the same day. I was approved for Green, declined for Costco. Only one pull. From what I understood, a denial wouldn't trigger a second hard pull, but an approval might. As always YMMV.

Re: Amex backdate Question

pizzadude — Fri, 30 Dec 2011 14:23:09 GMT

The ZYNC is a good card to get your foot in the door, since it is a charge card, and it is believed to be easier to get than AMEX revolvers. And the AF is around $25, lowest of the charge cards.

Re: Amex backdate Question

RyVision — Fri, 30 Dec 2011 14:37:58 GMT

@JustMe77 wrote:
Slightly off topic, but does Amex backdate with all Amex accounts (charge accounts + credit accounts), or just charge accounts?

I'm interested in the Costco Amex but don't have the credit score for it now. I'm pre-approved (according to Amex) for their Green, Gold, and Zync cards so maybe I should apply for a Zync card now?

I'm not sure if anyone addressed this yet. I don't know if the Costco AMEX will backdate. As far as I know, only cards fully handled by AMEX will backdate (charge and revolvers all backdate when issued by AMEX itself). It's on the AMEX website so I'm hoping it would be through them and backdate like others.

I mention this because I recently noticed someone post that their's didn't backdate like expected. (I don't have the Costco AMEX nor do I shop at Costco).

Re: Amex backdate Question

pizzadude — Fri, 30 Dec 2011 14:47:37 GMT

If the card is underwritten by AMEX then it can be backdated.

Co~branded AMEX cards from other banks are not eligible.

Re: Amex backdate Question

RyVision — Fri, 30 Dec 2011 15:12:58 GMT

Thanks PizzaDude, sort of what I thought. I see so many co-branded AMEX cards out there, it gets confusing. Maybe it was something else a poster mentioned that wasn't backdated. I was always under the impression if you could apply for it on AMEX's site, it would backdate (seems to be accurate). I know those like BoA AMEX and PenFed AMEX etc etc will not, like you said, being those are banks only offering the AMEX logo really.

It's why I'd rather app for the BCP later (still unsure between the BCE and BCP). Tried for it recently and nope (at least no HP). 3 other apps with HP's and 3 new accounts I figure are bad enough in the last 4 months. Next card is going to have to backdate for my AAoA. So we know who it'll have to be with

Re: Amex backdate Question

pizzadude — Fri, 30 Dec 2011 15:32:01 GMT

Yep, I agree it is confusing, but you're correct, if you apply via the AMEX site then it is underwritten by AMEX, and can be backdated.