topic Re: Zync Approved..Gold Pre-Approved? in Credit Cards

Zync Approved..Gold Pre-Approved?

ednajen — Thu, 13 Sep 2012 21:48:23 GMT

Hey all,

I was approved for the Zync a couple weeks ago, received the card last Saturday. Today, I get a "pre-selected" offer in the mail on the Gold card..offering 15,000 points ...is this a good sign? I honestly didn't think I would have been approved for the Gold..that's why I went for the Zync. According to myfico my Equifax is 675 and my Transunion is 635....no collections..last inq was from Amex(for the Zync) in the last year.......I'm a little tempted for the points....what do you guys think?

Also, kind of OT but I wasn't really interested in another Amex, but rather a revolving card? There are so many that I see talked about..with my scores is there a half decent card I could get with good cash rewards? I appreciate any input.

Re: Zync Approved..Gold Pre-Approved?

Jlu — Thu, 13 Sep 2012 21:51:24 GMT

All the charge cards have very similar if not the same underwriting criteria. Zync is undoubtedly less restrictive and allows a younger AAoA but generally if you qualify for a charge card you can qualify for any of them (with the exception of Centurion, of course).

Re: Zync Approved..Gold Pre-Approved?

SpiceIslander — Thu, 13 Sep 2012 22:49:50 GMT

@Jlu wrote:
All the charge cards have very similar if not the same underwriting criteria.

That's what AMEX told me. Congrats on your Zync!

Re: Zync Approved..Gold Pre-Approved?

ednajen — Thu, 13 Sep 2012 23:09:00 GMT

Thanks...I'm reading the details and I don't see the benefit of having them both. Therefore, I may hold off..I'm not sure what the Gold has over the Zync...

Re: Zync Approved..Gold Pre-Approved?

Anonymous — Thu, 13 Sep 2012 23:22:13 GMT

Since you are already an Amex member it will be a soft pull if you are declined. Only a hard pull if approved. I'd say if you want it you should go for it.

Edit to add-you can always cancel the Zync if they approve you for the gold.

Re: Zync Approved..Gold Pre-Approved?

ednajen — Thu, 13 Sep 2012 23:49:30 GMT

Hey..thanks for replying....good to know if I get declined its only a soft pull...the points are the only thing tempting me...I'll do some research I suppose

Re: Zync Approved..Gold Pre-Approved?

injustifiiable — Fri, 14 Sep 2012 00:53:30 GMT

The Delta SkyMiles Card is supposedly one of the easier revolvers to get. I'd try after 6 months.

ETA: Are they offering first year free on the Gold? I'd get it so you can combine MR points and be able to use them to their full advantage (Zync's MRE points aren't worth as much and can't be transferred to airline partners)

Re: Zync Approved..Gold Pre-Approved?

Anonymous — Fri, 14 Sep 2012 01:00:51 GMT

Congrats

Re: Zync Approved..Gold Pre-Approved?

jsucool76 — Fri, 14 Sep 2012 01:02:32 GMT

If you can get a similar bonus on the amex green card (unless the AF for the gold happens to be waived for the first year) I would go for the green instead, since, afaik, the green and gold are pretty similar. The only real step up happens when you get to the PRG.

Re: Zync Approved..Gold Pre-Approved?

Revelate — Fri, 14 Sep 2012 03:23:41 GMT

@ednajen wrote:
Hey..thanks for replying....good to know if I get declined its only a soft pull...the points are the only thing tempting me...I'll do some research I suppose

Higher tier reward structure if you care about such things. Pretty certain my choice of rewards would be restaurant gift certificates (I eat out pretty much exclusively) so the Green/Gold/PR/Plat do nothing for me currently.

If I get stuck with a non-trivial amount of travelling, that may well change but I suspect when that happens I'll likely be able to get a solid travel-rewards-oriented revolver anyway.

Re: Zync Approved..Gold Pre-Approved?

ednajen — Fri, 14 Sep 2012 14:30:26 GMT

injustifiiable Thanks a lot for the card recommendation....I will check it out. And yes they are offering the $150 AF waived for the first year. I think I need
to read up this weekend because aside from the 15,000 points, I didn't see how the Gold was earning that many extra points than my Zync, of course
I'm probably reading it wrong..but it seems I can use my Zync points with travel if I have at least 5,000. It says online that I also earn 2x the points on travel
when using my Zync. There is probably small print somewhere that I'm not reading..but I'll read through it tonight.

Credit314 Thanks, was a slight surprise to be approved for Zync I read through the forums and a lot of people were advising to have a 690+ score before appying..but I bit the bullet anyway

jsucool76 Thank you for the input, yes the AF is waived. Yes I just looked online, the PRG looks great, I know I don't qualify for that card but 25,000 point bonus, 2x on gas and groceries is nice. I'll probably wait a few months and look for a really good CR card.

Revelate I'm only interested in dining as well...seems like I'm celebrating a birthday or function every month. Racking up those giftcards would be great.