topic Re: AMEX reporting on CR in Credit Cards

AMEX reporting on CR

bichonmom — Sat, 17 Mar 2012 06:51:45 GMT

Wow! That was fast. Others reported that it took 6 to 8 weeks for their new Amexes to report on their CR. But both my Zync and Costco are already on my EX report. They both show date opened as 2/1/87 - Thank you, God!

Of course, I have NO idea how this affects my EX FICO. I can't wait for them to report on EQ, so I can get an updated SW FICO. I just hope that it's a BIG jump and more than makes up for 2 account balances reporting (small, though they are).

One thing that's odd is that it shows date opened as 2/1/87, but under the 24-month history section, it only has one lonely month. So, I do wonder what potential creditors would think about this. Or current ones, for that matter. It does look odd. But I am SO grateful for backdating. It's a credit miracle!

Re: AMEX reporting on CR

Anonymous — Sat, 17 Mar 2012 07:10:04 GMT

Wow that's great! Please do update us I am curious to know what kind of score jump 40+ years of instant aging will do

Re: AMEX reporting on CR

shane82388 — Sat, 17 Mar 2012 09:08:37 GMT

@bichonmom wrote:
Wow! That was fast. Others reported that it took 6 to 8 weeks for their new Amexes to report on their CR. But both my Zync and Costco are already on my EX report. They both show date opened as 2/1/87 - Thank you, God!

Of course, I have NO idea how this affects my EX FICO. I can't wait for them to report on EQ, so I can get an updated SW FICO. I just hope that it's a BIG jump and more than makes up for 2 account balances reporting (small, though they are).

One thing that's odd is that it shows date opened as 2/1/87, but under the 24-month history section, it only has one lonely month. So, I do wonder what potential creditors would think about this. Or current ones, for that matter. It does look odd. But I am SO grateful for backdating. It's a credit miracle!

I was thinking the same thing but for my student loans...They used to report as a single tradeline on my reports all the way since 2007...now they just say "since 2007" but they are only showing like 1 or 2 months of reported payments....wodner if that hurts or not?

Re: AMEX reporting on CR

Anonymous — Sat, 17 Mar 2012 12:01:10 GMT

Second statement is about to pop up and mine still hasn't reported.

Re: AMEX reporting on CR

bichonmom — Sat, 17 Mar 2012 12:44:28 GMT

How odd. I wonder why mine reported so quickly. It's just over 3 weeks since I apped!

Re: AMEX reporting on CR

LS2982 — Sat, 17 Mar 2012 13:02:01 GMT

@bichonmom wrote:
Wow! That was fast. Others reported that it took 6 to 8 weeks for their new Amexes to report on their CR. But both my Zync and Costco are already on my EX report. They both show date opened as 2/1/87 - Thank you, God!

Of course, I have NO idea how this affects my EX FICO. I can't wait for them to report on EQ, so I can get an updated SW FICO. I just hope that it's a BIG jump and more than makes up for 2 account balances reporting (small, though they are).

One thing that's odd is that it shows date opened as 2/1/87, but under the 24-month history section, it only has one lonely month. So, I do wonder what potential creditors would think about this. Or current ones, for that matter. It does look odd. But I am SO grateful for backdating. It's a credit miracle!

Congrats!

Re: AMEX reporting on CR

Anonymous — Sat, 17 Mar 2012 16:40:49 GMT

That's great! I was approved Jan 31st, my account open date is Feb 2nd, and it's not on my cr yet. My next statement is the 22 nd, so I will look then.

Re: AMEX reporting on CR

bichonmom — Sat, 17 Mar 2012 19:39:56 GMT

Gosh, I wonder why mine reported so quickly. Maybe because it's backdated?? And it's not just one -- both new CCs are reporting.

Re: AMEX reporting on CR

Anonymous — Sat, 17 Mar 2012 19:55:12 GMT

All of my other Amex took two cycles. My plat just reported after the first statement. Fortunately it doesn't count for util

Re: AMEX reporting on CR

Anonymous — Sat, 17 Mar 2012 20:11:38 GMT

My first Amex reported after 2 statement cycles. My 2nd one reported shortly after 1st statement cut, which was not even a month from opening. I think the fact you have established history with Amex expedited the reporting.

Re: AMEX reporting on CR

bichonmom — Sat, 17 Mar 2012 20:37:37 GMT

Well, I haven't had an acct with them for years. But that's what I was thinking: maybe because the acct is backdated, it reported earlier than most people are experiencing here.

Re: AMEX reporting on CR

Open123 — Sat, 17 Mar 2012 20:48:09 GMT

All my prior AmEx cards--all backdated--had taken about 2 months before reporting on the CRAs.

However, my most recent Amex card reported on the CRAs in about 3 weeks. I think it depends on where in the cycle you're approved.

Re: AMEX reporting on CR

pizzadude — Sat, 17 Mar 2012 20:53:02 GMT

@Open123 wrote:
All my prior AmEx cards--all backdated--had taken about 2 months before reporting on the CRAs.

However, my most recent Amex card reported on the CRAs in about 3 weeks. I think it depends on where in the cycle you're approved.

+1. I agree, it probably has to do with how close your approval date is to the statement closing date.

My ZYNC was approved Nov 6, and it wasn't on my reports as of Dec 19th but it was showing on the first report I pulled in early January.

Re: AMEX reporting on CR

Anonymous — Sun, 18 Mar 2012 05:51:03 GMT

My second statement is also about to come out next week and still not reporting

Re: AMEX reporting on CR

Anonymous — Mon, 19 Mar 2012 10:12:27 GMT

I was approved Jan 27th and it still hasn't updated. Second statement just came out this morning.

I'm curious as all heck to see what effect it has on my score but in the bigger picture it really doesn't matter. I pushed payments through the bank account to make sure no balance reported, and that's the important thing.