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@takeshi74 wrote:Doesn't matter when AmEx introduced the card. It will be backdated to the year of your MSD. The original Blue wasn't introduced until 1999. My MSD is 1998. My BCP is backdated to 1998.
I had a corporate card back in 95. Not sure what product it was but it was green. I was the ceo and carpet layer. Had no issue in getting all my current personal cards backdated.
@Fico2Go wrote:
@takeshi74 wrote:Doesn't matter when AmEx introduced the card. It will be backdated to the year of your MSD. The original Blue wasn't introduced until 1999. My MSD is 1998. My BCP is backdated to 1998.
I had a corporate card back in 95. Not sure what product it was but it was green. I was the ceo and carpet layer. Had no issue in getting all my current personal cards backdated.
Wow, this is unreal. So in theory, if I apply for 2 more amex cards and get accepted, I would gave 3 cards (including the card I just got) show up next month on my credit report showing an age of 20 years old -- should give a big boost to my score with the only negative being an inquiry or two? I think the only thing holding me back from the 800 club is my AAOA. My current scores from are all around 765-790, so this "trick" should help greatly!
@jasonkm1 wrote:
@Fico2Go wrote:
@takeshi74 wrote:Doesn't matter when AmEx introduced the card. It will be backdated to the year of your MSD. The original Blue wasn't introduced until 1999. My MSD is 1998. My BCP is backdated to 1998.
I had a corporate card back in 95. Not sure what product it was but it was green. I was the ceo and carpet layer. Had no issue in getting all my current personal cards backdated.
Wow, this is unreal. So in theory, if I apply for 2 more amex cards and get accepted, I would gave 3 cards (including the card I just got) show up next month on my credit report showing an age of 20 years old -- should give a big boost to my score with the only negative being an inquiry or two? I think the only thing holding me back from the 800 club is my AAOA. My current scores from are all around 765-790, so this "trick" should help greatly!
YEP. Happened to me just last week. My AAoA was 2-3 years.. this week it jumped to 6-7 years. I still have one more AMEX account that hasn't reported this month.
I would prefer not to think fo this as a trick but a membership advantage. But hurry while supplies last.
I honestly don't believe having AAoA over 5 years will do much for most. I've been tracking my scores with each change for the past several months and will find out what an extra 18.5 years TL will do by this time next week. One thing I do know now is that when AAoA is below five years I'll be sure to add a new AMEX account.
As you get more and more tradelines (open or closed) the impact of backdating reduces. So when my Blue Cash backdated to 1987 it increased AAoA by about 4 months, with no great impact on score. But it can certainly help early on, or as Fico2Go suggests, to "reset" AAoA when getting a lot of new cards. (In the latter case with thick files, even though the impact of backdating is diluted, so is the impact of the new cards!).