topic Re: zync!?!?!? in Credit Cards

zync!?!?!?

afbar1114 — Mon, 08 Oct 2012 16:57:53 GMT

i was broswing the AMEX site and i saw the zync is no longer there. any one know why and what will happen to the one i have?

UPDATE: Spoke with AMEX. the CSR said they are phasing out the card and they are no longer accepeting new memberships for the nor any new packs(should have relized something was up when i kept getting notices about packs) and that they will most likely be closing the cards at some point and that they will not and can not PC to a diffrent card.

Re: zync!?!?!?

Anonymous — Mon, 08 Oct 2012 16:53:56 GMT

http://ficoforums.myfico.com/t5/Credit-Cards/ZYNC-Gone/m-p/1619048#M446696

http://ficoforums.myfico.com/t5/Credit-Cards/Future-for-Zync-Exec-Office-update-on-pg-4/m-p/1620570#M447241

Re: zync!?!?!?

TeeandDee — Mon, 08 Oct 2012 16:54:50 GMT

Word on the street is that they hae discontinued the Zync. I don't think this affects current cardholders much, although I also read on here that they have discontinued the 'packs.

Re: zync!?!?!?

afbar1114 — Mon, 08 Oct 2012 17:02:08 GMT

i had a bookmark to the pack/benefit center and it no longer wroks.

Re: zync!?!?!?

TeeandDee — Mon, 08 Oct 2012 17:04:15 GMT

Hopefully they won't close our accounts within the next six months! This will give a chance to have a full year under my belt for backdating and hopefully I will have success when I app for another AMEX at that time.

Re: zync!?!?!?

afbar1114 — Mon, 08 Oct 2012 17:06:50 GMT

i got the green a few months ago. so its not a big deal. ill try to keep it open for a year only a few more months to go and then close it. maybe the prepaid card replaced it. they are really pushing the prepaid now and i mean every where even walmart now

Re: zync!?!?!?

GoldenloveNY — Mon, 08 Oct 2012 17:13:09 GMT

Yes, it's been discontinued. It doesn't affect currect cardmembers, but they can't add any "packs". I was luckly to apply for the Zync before the "cut date". Anyway, I am planning on applying for the Gold Rewards in the next six months, and then going for the BCP soon after. I am charging the heck out of my Zync, and of course repaying it at the end of month. That should get me into Amex good graces so that appying for their Gold Rewards and BCP will be a easy breeze....

Re: zync!?!?!?

afbar1114 — Mon, 08 Oct 2012 17:14:42 GMT

well we will see what happens it seems like they were starting to get rid of months ago. i kept getting letters from them saying that this place no longer is participting in the pack or we are no longer offering this one. in the past 3 months i got about 6 letters from them regarding zync

Re: zync!?!?!?

Duncanrr — Mon, 08 Oct 2012 17:41:07 GMT

I wonder of they force us to get new charge cards if the promo bonuses will be available?

Re: zync!?!?!?

Walt_K — Mon, 08 Oct 2012 19:08:56 GMT

@TeeandDee wrote:
Hopefully they won't close our accounts within the next six months! This will give a chance to have a full year under my belt for backdating and hopefully I will have success when I app for another AMEX at that time.

I doubt they are going to close down all accounts that soon. There are plenty of credit products that have been discontinued and are still serviced by the banks. Regardless, it wouldn't have any affect on your backdating one way or the other if it was closed. The card would continue to report for 10 years and any new accounts backdate to the year you opened your Zync whether it is still open or not.

Re: zync!?!?!?

Walt_K — Mon, 08 Oct 2012 19:10:03 GMT

@Duncanrr wrote:
I wonder of they force us to get new charge cards if the promo bonuses will be available?

Typically not. If you get the option to convert it to a new card, I'd apply for the new card instead to get the bonus unless you have a reason to be partcularly app sensitive (e.g., upcoming mortgage).

Re: zync!?!?!?

CS800 — Mon, 08 Oct 2012 19:20:17 GMT

They will most likely have a phase exit plans for the Zync in the next 2 years. They slowly did that with the Optima. Although the Optima is till offerred to some. I doubt someone could PC to a revolver.

Re: zync!?!?!?

shakalaka — Mon, 08 Oct 2012 19:25:46 GMT

@CS800 wrote:
They will most likely have a phase exit plans for the Zync in the next 2 years. They slowly did that with the Optima. Although the Optima is till offerred to some. I doubt someone could PC to a revolver.

Agree. At least if it is a Zync with PSL or a really new ZYNC card.

Re: zync!?!?!?

Duncanrr — Mon, 08 Oct 2012 19:27:20 GMT

Im going to give it a couple weeks and then call Amex to see whats going on. I'd like to keep my card but if forced to close it and not eligible for promos then I'll close the card and reapply for new charge card in 3 months when I can get the promo deals. I'll still have my AMEX Delta and backdate to 1993.

Re: zync!?!?!?

afbar1114 — Mon, 08 Oct 2012 19:35:47 GMT

i might just close mine because i barely use it any more i use my green more and looking to purn some any ways

Re: zync!?!?!?

Pworld — Mon, 08 Oct 2012 19:38:11 GMT

If the packs are no longer affective i have to SD this card. I wont close it. Its so pretty. But the packs is what i use it for. The discounts on the travel pack and vegas pack were amazing for me.

Any more info if the packs are still effective?

Re: zync!?!?!?

Duncanrr — Mon, 08 Oct 2012 19:42:35 GMT

I just got my card and paid for the various packs. If the packs are useless then I want a refund on the pack price.

Re: zync!?!?!?

CS800 — Mon, 08 Oct 2012 19:45:42 GMT

I only got the free packs when I gothe zync and in 6 months, I havent used the card at all. It served it purpose but without the packs, the card at least for me is useless.

Re: zync!?!?!?

shakalaka — Mon, 08 Oct 2012 19:47:03 GMT

@Pworld wrote:
If the packs are no longer affective i have to SD this card. I wont close it. Its so pretty. But the packs is what i use it for. The discounts on the travel pack and vegas pack were amazing for me.

Any more info if the packs are still effective?

Well I guess once the next statement cuts, we should know.

I added my packs on Sep 29th ... and did receive the welcome Lowes gift card last Saturday. So the packs should be alive I guess.

Re: zync!?!?!?

Anonymous — Mon, 08 Oct 2012 19:59:03 GMT

my zync doesnt see much use now. just an internet bill that won't take discover, and the occassional trip to walmart for the eco-pack bonus(i'm more of a target guy though). but without the rewards mall, it's just not that attractive anymore with the relatively low value MRE points.