topic Re: Internal Limit AMEX Zync in Credit Cards

Internal Limit AMEX Zync

Duncanrr — Wed, 17 Oct 2012 15:23:16 GMT

Called to find out my internal limit and guy said he couldnt give it to me. I then told him that I wanted to put a large purchase on card as I'm rebuilding from storm damage and needed to order cabinets before loan was processed as they will take 3-4 weeks to get in (trying to fix kitchen before Turkey day!)

I told him that I wanted to order new kitchen cabinets on card so I can get the points. Side Note- Got great deal on cabinets. 22k in cabinets for 7k. He typed it in and said no problem. So now I know my internal limit is at least 8.2k (current balance plus cabinet cost).

Re: Internal Limit AMEX Zync

webhopper — Wed, 17 Oct 2012 15:38:53 GMT

@Duncanrr wrote:
Called to find out my internal limit and guy said he couldnt give it to me. I then told him that I wanted to put a large purchase on card as I'm rebuilding from storm damage and needed to order cabinets before loan was processed as they will take 3-4 weeks to get in (trying to fix kitchen before Turkey day!)

I told him that I wanted to order new kitchen cabinets on card so I can get the points. Side Note- Got great deal on cabinets. 22k in cabinets for 7k. He typed it in and said no problem. So now I know my internal limit is at least 8.2k (current balance plus cabinet cost).

Wow, that's great, congrats! I know mine is at least 5.8k, as I have gone that high back in may when I got married... I didn't try to go any higher because if I had I would have struggled to PIF when it was due.

How long have you had your card and what is your normal monthly spend?

Re: Internal Limit AMEX Zync

j_casteel — Wed, 17 Oct 2012 15:44:25 GMT

awesome...i can't seem to get mine past the $500 mark.

Re: Internal Limit AMEX Zync

Duncanrr — Wed, 17 Oct 2012 16:04:08 GMT

Opened the card on 9/12/12. My first statement I ran about 1.1k through it. I had an old Green card back in 1993 but havent had an AMEX since. My Delta was also approved on 9/12 and it has a 2k limit. So go figure. I do make 6 figures income.

Re: Internal Limit AMEX Zync

webhopper — Wed, 17 Oct 2012 16:58:48 GMT

Great news then! I think amex likes high earners. They seem to really be generous on the internal limits.

Re: Internal Limit AMEX Zync

Anonymous — Wed, 17 Oct 2012 17:08:01 GMT

I just got approved for the Green Card last friday, how long did it take you to recieve your card?

Re: Internal Limit AMEX Zync

j_casteel — Wed, 17 Oct 2012 17:22:04 GMT

i was just making a joke on my $500 hard limit. I've averaged $1,800-$2,000 through it per month for the past 4 months, but have to make continual payments to do that.

I think i may have just app'd too early for the Zync. I was approved for it with ~580 EX FICO and was really excited, but then I was finally able to get some stuff removed, etc then a month or so later my scored jumped up to 647. I also have a 6 figure salary and i think with the salary and having the 647 EX FICO then I may have gotten the NPSL.

Re: Internal Limit AMEX Zync

webhopper — Wed, 17 Oct 2012 18:04:41 GMT

@j_casteel wrote:
i was just making a joke on my $500 hard limit. I've averaged $1,800-$2,000 through it per month for the past 4 months, but have to make continual payments to do that.

I think i may have just app'd too early for the Zync. I was approved for it with ~580 EX FICO and was really excited, but then I was finally able to get some stuff removed, etc then a month or so later my scored jumped up to 647. I also have a 6 figure salary and i think with the salary and having the 647 EX FICO then I may have gotten the NPSL.

Have you considered closing Zync and apping for a new charge card in January? I'm sure you will be approved with NPSL on the next one.

Re: Internal Limit AMEX Zync

Duncanrr — Wed, 17 Oct 2012 18:20:13 GMT

I've thought about it. Thought about keeping open and linking to higher tier charge card. If I close card ill lose existing pts which would be about same pts I would get from sign up bonus on new charge card. With my cards being backdated to 1993 I may keep zync open for AAoA gain and app for better charge after refi.

Re: Internal Limit AMEX Zync

webhopper — Wed, 17 Oct 2012 18:25:23 GMT

@Duncanrr wrote:
I've thought about it. Thought about keeping open and linking to higher tier charge card. If I close card ill lose existing pts which would be about same pts I would get from sign up bonus on new charge card. With my cards being backdated to 1993 I may keep zync open for AAoA gain and app for better charge after refi.

Are you refi-ing a house or car?

You could always cash in the MRE points before you re-apply. I think what I'll do is get the PR Gold when it makes sense for my needs, and keep the zync card open as long as they support the connect pack, which is great for all of my phone bills, internet bills, etc.

Now is a great time to refi

Re: Internal Limit AMEX Zync

Duncanrr — Wed, 17 Oct 2012 18:31:55 GMT

Ill run about 10-15k though card this month. With existing pts and sign-up bonus for zync it will be about 27k MRE pts. If I link to gold card I can convert the pts so I wouldn't lose any and I would be able to keep the "exclusive" zync card.

I'm going to refi home in June.

Re: Internal Limit AMEX Zync

Anonymous — Wed, 17 Oct 2012 18:42:14 GMT

i applied for green with a 660 and 50k salary and was instant approved... i have one CO from 2005 on my report but 7-8 CCs and 2 Car loans with 100% on time

Re: Internal Limit AMEX Zync

webhopper — Wed, 17 Oct 2012 18:48:36 GMT

@Anonymous wrote:
i applied for green with a 660 and 50k salary and was instant approved... i have one CO from 2005 on my report but 7-8 CCs and 2 Car loans with 100% on time

congrats... I think a lot of folks who went with zync were looking at it as a way to determine if a charge card was a good fit for them, while paying a pretty small AF. We could have probably picked up gold or pr gold right off the bat, but didn't really see the point of doing so since we didn't know if we would even like the charge card concept

Re: Internal Limit AMEX Zync

Anonymous — Wed, 17 Oct 2012 18:50:33 GMT

i've heard that you can't get approved for any other AMEX card if you have the zync with hard limit... you will have to close it before you can get any other card

Re: Internal Limit AMEX Zync

Anonymous — Wed, 17 Oct 2012 18:51:58 GMT

@webhopper wrote:
@Anonymous wrote:
i applied for green with a 660 and 50k salary and was instant approved... i have one CO from 2005 on my report but 7-8 CCs and 2 Car loans with 100% on time
congrats... I think a lot of folks who went with zync were looking at it as a way to determine if a charge card was a good fit for them, while paying a pretty small AF. We could have probably picked up gold or pr gold right off the bat, but didn't really see the point of doing so since we didn't know if we would even like the charge card concept

I agree, I don't think a charge card really fits me either... except when i spend for work and ger reimbursed, which isn't very often. I just wanted to get my foot in the door with AMEX and 95/years isn't too awfully steep!

Re: Internal Limit AMEX Zync

webhopper — Wed, 17 Oct 2012 18:53:45 GMT

@Anonymous wrote:
i've heard that you can't get approved for any other AMEX card if you have the zync with hard limit... you will have to close it before you can get any other card

Duncanrr or myself do not have a HL Zync.

$95 isn't too bad unless you're a cheapo.

;$25 is much better

Re: Internal Limit AMEX Zync

j_casteel — Wed, 17 Oct 2012 18:59:11 GMT

@webhopper wrote:
@j_casteel wrote:
i was just making a joke on my $500 hard limit. I've averaged $1,800-$2,000 through it per month for the past 4 months, but have to make continual payments to do that.

I think i may have just app'd too early for the Zync. I was approved for it with ~580 EX FICO and was really excited, but then I was finally able to get some stuff removed, etc then a month or so later my scored jumped up to 647. I also have a 6 figure salary and i think with the salary and having the 647 EX FICO then I may have gotten the NPSL.
Have you considered closing Zync and apping for a new charge card in January? I'm sure you will be approved with NPSL on the next one.

Yes I have....depending on my scores I may app in January or March. I had a really long convo with a lady at the EO and she suggested apping for the Blue card in March and I should be approved, and if not then to call her back and she will get something worked out for me. Then most likely close the Zync and get the PRG...I like the Zync and the great benefits of being a AMEX cardmember, but I need something better than that.

Re: Internal Limit AMEX Zync

Anonymous — Wed, 17 Oct 2012 19:14:11 GMT

sorry i had you confused for someone that posted earlier!! and i'm all for saving money!!

@webhopper wrote:
@Anonymous wrote:
i've heard that you can't get approved for any other AMEX card if you have the zync with hard limit... you will have to close it before you can get any other card
Duncanrr or myself do not have a HL Zync.
$95 isn't too bad unless you're a cheapo.

;$25 is much better