topic Amex Member Start Date Benefit of AAOA Enhancement in Credit Cards

Amex Member Start Date Benefit of AAOA Enhancement

SOGGIE — Fri, 08 Aug 2014 19:12:47 GMT

For those who don't mind sharing, if you were approved for an Amex card and benefited from the Member Start Date (backdating), how many points did your scores increase? And what were both your former and current AAOA before the benefit?

Re: Amex Member Start Date Benefit of AAOA Enhancement

heyarrnold — Fri, 08 Aug 2014 19:19:51 GMT

Before:

Score: 716

Available Credit: 38k

AAOA 1.8 years

After:

Score: 788

Available Credit: 80.5k

AAOA: 3.9 years

Re: Amex Member Start Date Benefit of AAOA Enhancement

SOGGIE — Fri, 08 Aug 2014 19:26:31 GMT

@heyarrnold wrote:
Before:
Score: 716
Available Credit: 38k
AAOA 1.8 years

After:
Score: 788
Available Credit: 80.5k
AAOA: 3.9 years

Thanks for your response heyArrnold? Not bad: 72-point increase for 2.1-years increase in AAOA.

Re: Amex Member Start Date Benefit of AAOA Enhancement

heyarrnold — Fri, 08 Aug 2014 19:27:23 GMT

@SOGGIE wrote:
@heyarrnold wrote:
Before:
Score: 716
Available Credit: 38k
AAOA 1.8 years

After:
Score: 788
Available Credit: 80.5k
AAOA: 3.9 years
Thanks for your response heyArrnold? Not bad: 72-point increase for 2.1-years increase in AAOA.

No problem.

Well, inquiries fell off and my limits increased. So that also helped lol.

Re: Amex Member Start Date Benefit of AAOA Enhancement

SOGGIE — Fri, 08 Aug 2014 20:41:17 GMT

Would any others care to share?

Re: Amex Member Start Date Benefit of AAOA Enhancement

Anonymous — Fri, 08 Aug 2014 20:49:45 GMT

@SOGGIE wrote:
Would any others care to share?

There are so many variables not sure what could be learned! I don't have mine before and after scores from when I got my second card in Dec, but it backdated 26 years (yeah), but with a think file of around 50 closed and open lines, that adds only 6 months AAoA. And at the same time, inqs aged off. So it is hard to tell the actual impact on score.

Re: Amex Member Start Date Benefit of AAOA Enhancement

Anonymous — Fri, 08 Aug 2014 20:57:08 GMT

heyarrnold:

How do you have such an old backdate? If thats the case you would have had an Amex when you were just born (assuming you are 23 as stated)? Very confused and would like to know how you did it.

Re: Amex Member Start Date Benefit of AAOA Enhancement

heyarrnold — Fri, 08 Aug 2014 21:03:41 GMT

@Anonymous wrote:
heyarrnold:
How do you have such an old backdate? If thats the case you would have had an Amex when you were just born (assuming you are 23 as stated)? Very confused and would like to know how you did it.

I am 21 lol.

I was an AU and was backdated to the original MSD of the account holder.

EDIT:

To elaborate, ACM's, prior to 2011, were backdated to the original MSD of the account holder.

Re: Amex Member Start Date Benefit of AAOA Enhancement

SOGGIE — Fri, 08 Aug 2014 20:59:38 GMT

Thanks for sharing!

@Anonymous wrote:
@SOGGIE wrote:
Would any others care to share?
There are so many variables not sure what could be learned! I don't have mine before and after scores from when I got my second card in Dec, but it backdated 26 years (yeah), but with a think file of around 50 closed and open lines, that adds only 6 months AAoA. And at the same time, inqs aged off. So it is hard to tell the actual impact on score.

Re: Amex Member Start Date Benefit of AAOA Enhancement

SOGGIE — Fri, 08 Aug 2014 21:03:33 GMT

@heyarrnold wrote:
@Anonymous wrote:
heyarrnold:
How do you have such an old backdate? If thats the case you would have had an Amex when you were just born (assuming you are 23 as stated)? Very confused and would like to know how you did it.
I am 21 lol.

I was an AU and was backdated to the original MSD of the account holder.

I believe esb may have mistakenly referred to longtimelurker's backdate of 26 years.

Re: Amex Member Start Date Benefit of AAOA Enhancement

heyarrnold — Fri, 08 Aug 2014 21:06:02 GMT

@SOGGIE wrote:
@heyarrnold wrote:
@Anonymous wrote:
heyarrnold:
How do you have such an old backdate? If thats the case you would have had an Amex when you were just born (assuming you are 23 as stated)? Very confused and would like to know how you did it.
I am 21 lol.

I was an AU and was backdated to the original MSD of the account holder.
I believe esb may have mistakenly referred to longtimelurker's backdate of 26 years.

Perhaps. But I think he hovered over my cards. My backdate is to 1993. That's probably why he asked.

Re: Amex Member Start Date Benefit of AAOA Enhancement

Anonymous — Fri, 08 Aug 2014 21:27:52 GMT

@heyarrnold wrote:

EDIT:
To elaborate, ACM's, prior to 2011, were backdated to the original MSD of the account holder.

And while I find Amex's current backdating policy hard to justify, this was obviously very strange! Person A got the card in 1980, their child B gets this MSD when added as an ACM, and when B's child is added to B's card, they inherit B's MSD, which was A's MSD, and is now possibly many years before birth!

Re: Amex Member Start Date Benefit of AAOA Enhancement

heyarrnold — Fri, 08 Aug 2014 21:34:51 GMT

@Anonymous wrote:
@heyarrnold wrote:
EDIT:
To elaborate, ACM's, prior to 2011, were backdated to the original MSD of the account holder.
And while I find Amex's current backdating policy hard to justify, this was obviously very strange! Person A got the card in 1980, their child B gets this MSD when added as an ACM, and when B's child is added to B's card, they inherit B's MSD, which was A's MSD, and is now possibly many years before birth!

It's a great way to play the system for automatic approvals. But of course things have now changed. But nonetheless, yes, there are people with backdated cards prior to being 18 or being born.

Re: Amex Member Start Date Benefit of AAOA Enhancement

slap_happy — Fri, 08 Aug 2014 21:35:12 GMT

when I started building credit 5 years ago, I started with a wells fargo secured and then got a chase freedom, my scores were 650

I got a amex zync that backdated to 1997. my AAoA went from 10 months to 7 years!!! scores shot up to 735, this was about 5 years ago. im at 750 now with a AAoA of 6.9 years and alot has to do with the help of this great forum

Re: Amex Member Start Date Benefit of AAOA Enhancement

SOGGIE — Sat, 09 Aug 2014 01:23:31 GMT

@slap_happy wrote:
when I started building credit 5 years ago, I started with a wells fargo secured and then got a chase freedom, my scores were 650
I got a amex zync that backdated to 1997. my AAoA went from 10 months to 7 years!!! scores shot up to 735, this was about 5 years ago. im at 750 now with a AAoA of 6.9 years and alot has to do with the help of this great forum

Very nice! Great increase in score and AAOA.

Re: Amex Member Start Date Benefit of AAOA Enhancement

SOGGIE — Sat, 09 Aug 2014 01:28:03 GMT

@heyarrnold wrote:
@Anonymous wrote:
@heyarrnold wrote:
EDIT:
To elaborate, ACM's, prior to 2011, were backdated to the original MSD of the account holder.
And while I find Amex's current backdating policy hard to justify, this was obviously very strange! Person A got the card in 1980, their child B gets this MSD when added as an ACM, and when B's child is added to B's card, they inherit B's MSD, which was A's MSD, and is now possibly many years before birth!
It's a great way to play the system for automatic approvals. But of course things have now changed. But nonetheless, yes, there are people with backdated cards prior to being 18 or being born.

Good deal! I'm glad you successfully benefited.