topic Re: Amex Question in Credit Cards

Amex Question?

BobbyJ — Sat, 14 Jan 2012 03:52:54 GMT

I was approved for the Amex Zync and PR Gold last week. I received the PR Gold last Monday and the Zync today. Should I cancel the Zync since I really dont plan to use it ?

Just want to get opinions on whether it is worth it to keep the Zync now that I have the PR Gold which is what I prefer.

Both cards backdated to 1985. Yeah!!!!!

Thanks.

Re: Amex Question

Creditaddict — Sat, 14 Jan 2012 03:46:10 GMT

yes close, don't believe they waive the annual fee... even though small. no point.

I assume you applied for Zync thinking it was easier and then when approved applied for Gold because that is what you really wanted??

Perfect example of proof over and over again about the charge cards from Amex.

Re: Amex Question

BobbyJ — Sat, 14 Jan 2012 03:49:50 GMT

Yes Credit, you are right. Didnt think I would get approved for the PR Gold so went for the Zync. Amex Rep said since I was approved for the Zync he didnt think I would have any trouble getting the PR Gold and it was true!!!! Instant approval within 5 minutes or re-apping over the phone.

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 04:04:48 GMT

I didnt think they charged you if the card was never activated. Always thought Amex was on the pro rata system. If you dont plan on using the zync then cancle it. PR is a great card. Congrats!

Re: Amex Question

Creditaddict — Sat, 14 Jan 2012 04:06:12 GMT

@Anonymous wrote:
I didnt think they charged you if the card was never activated. Always thought Amex was on the pro rata system. If you dont plan on using the zync then cancle it. PR is a great card. Congrats!

They won't charge you if you cancel it... they will refund, pro rate if you keep for a bit.

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 04:17:24 GMT

@Creditaddict wrote:
@Anonymous wrote:
I didnt think they charged you if the card was never activated. Always thought Amex was on the pro rata system. If you dont plan on using the zync then cancle it. PR is a great card. Congrats!

They won't charge you if you cancel it... they will refund, pro rate if you keep for a bit.

Ok thats what I thought happened. Thanks for the confirmation.

Re: Amex Question

boomhower — Sat, 14 Jan 2012 04:59:16 GMT

Didn't you get the 10,000 bonus points? That's enought to pay the AF for four years. I would just keep it and enjoy the added AAoA assuming it does improve it. Just put something through it every now and again.

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 15:03:39 GMT

I thought AmEx would not approve the same type of card within a 90 day period of each other, if approved (in this case a Charge Card) and that the second app for another Charge card would just be cancelled?

I've been told by AmEx that you can apply for, say, a Blue and a Gold at the same time, but if you app for a Zync and approved you have to wait 90 days to app for another AmEx Charge card and the same with the Blue type of card.

I guess this post clears up any misconception I had, either that or confuses me even more

Learning something new everyday (that's why I'm here, to learn).

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 15:11:05 GMT

@boomhower wrote:
Didn't you get the 10,000 bonus points? That's enought to pay the AF for four years. I would just keep it and enjoy the added AAoA assuming it does improve it. Just put something through it every now and again.

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 15:12:35 GMT

@Anonymous wrote:
I thought AmEx would not approve the same type of card within a 90 day period of each other, if approved (in this case a Charge Card) and that the second app for another Charge card would just be cancelled?

I've been told by AmEx that you can apply for, say, a Blue and a Gold at the same time, but if you app for a Zync and approved you have to wait 90 days to app for another AmEx Charge card and the same with the Blue type of card.

I guess this post clears up any misconception I had, either that or confuses me even more

Learning something new everyday (that's why I'm here, to learn).

amen,,, tosses ur earlier post out the window,, but still true for the blues

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 15:20:18 GMT

@Anonymous wrote:
@Anonymous wrote:
I thought AmEx would not approve the same type of card within a 90 day period of each other, if approved (in this case a Charge Card) and that the second app for another Charge card would just be cancelled?

I've been told by AmEx that you can apply for, say, a Blue and a Gold at the same time, but if you app for a Zync and approved you have to wait 90 days to app for another AmEx Charge card and the same with the Blue type of card.

I guess this post clears up any misconception I had, either that or confuses me even more

Learning something new everyday (that's why I'm here, to learn).

amen,,, tosses ur earlier post out the window,, but still true for the blues

You're right about that, I know from first hand experience about the Blue because I was approved for the Blue Cash 3/11 and the very next month AmEx came out with the BCP and I apped for it, and my app was cancelled, I called and was told by 2 different New Account Managers that because I was approved for the Blue Cash 3/11 that I would have to wait till 6/11 to app for the BCP, but I was free to app for any other type of AmEx product.

I guess maybe I assumed the same was true with their Charge Cards as well.

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 15:23:27 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
I thought AmEx would not approve the same type of card within a 90 day period of each other, if approved (in this case a Charge Card) and that the second app for another Charge card would just be cancelled?

I've been told by AmEx that you can apply for, say, a Blue and a Gold at the same time, but if you app for a Zync and approved you have to wait 90 days to app for another AmEx Charge card and the same with the Blue type of card.

I guess this post clears up any misconception I had, either that or confuses me even more

Learning something new everyday (that's why I'm here, to learn).

amen,,, tosses ur earlier post out the window,, but still true for the blues
You're right about that, I know from first hand experience about the Blue because I was approved for the Blue Cash 3/11 and the very next month AmEx came out with the BCP and I apped for it, and my app was cancelled, I called and was told by 2 different New Account Managers that because I was approved for the Blue Cash 3/11 that I would have to wait till 6/11 to app for the BCP, but I was free to app for any other type of AmEx product.

I guess maybe I assumed the same was true with their Charge Cards as well.

no harm no foul,, same happened to me,, but i app for wrong card,, i wanted BCP and so many damn blue cards i hit the BLUE now im stuck till next year

Re: Amex Question

BobbyJ — Sat, 14 Jan 2012 15:34:04 GMT

Thanks, I think I am going to keep both cards and use them. I apped for both the PR Gold and Zync on the same day within 45 minutes of the first approval. I checked my CRs and I only took one hit for the dual apps which is nice. I was told it would be 2 hard pulls. This was over one week ago. We will see. Thanks for the advice.

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 15:40:31 GMT

Congratulations Bobby, well done!!

Re: Amex Question

CS800 — Sat, 14 Jan 2012 15:44:24 GMT

I got the platinum and the zync within the same week. I was lucky since it was 1 inq for both.

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 15:58:27 GMT

@CS800 wrote:
I got the platinum and the zync within the same week. I was lucky since it was 1 inq for both.

whats the AF on the PLAT?

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 16:03:52 GMT

@Anonymous wrote:
@CS800 wrote:
I got the platinum and the zync within the same week. I was lucky since it was 1 inq for both.
whats the AF on the PLAT?

450 right CS?

Re: Amex Question

Anonymous — Sat, 14 Jan 2012 16:07:11 GMT

@Anonymous wrote:
@Anonymous wrote:
@CS800 wrote:
I got the platinum and the zync within the same week. I was lucky since it was 1 inq for both.
whats the AF on the PLAT?
450 right CS?

falls out of my chair

Re: Amex Question?

LS2982 — Sat, 14 Jan 2012 16:14:30 GMT

@BobbyJ wrote:
I was approved for the Amex Zync and PR Gold last week. I received the PR Gold last Monday and the Zync today. Should I cancel the Zync since I really dont plan to use it ?
Just want to get opinions on whether it is worth it to keep the Zync now that I have the PR Gold which is what I prefer.

Both cards backdated to 1985. Yeah!!!!!

Thanks.

No, keep it. Run a few charges though it monthly. You want that 85 backdate!

Re: Amex Question

CS800 — Sat, 14 Jan 2012 17:00:22 GMT

@Anonymous wrote:
@Anonymous wrote:
@CS800 wrote:
I got the platinum and the zync within the same week. I was lucky since it was 1 inq for both.
whats the AF on the PLAT?
450 right CS?

Yes Sir