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Account backdating

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Account backdating

I have seen several posts about AMEX backdating the opening of a new account to the date open of a previous account opening date. Has anyone had any other creditor do this for them besides AMEX?

08/2018 Cap 1 FICO 813 TUC FICO 8 804 as of 08/29/2018
Message 1 of 11
10 REPLIES 10
Senior Contributor

Re: Account backdating


@AndySoCal wrote:

I have seen several posts about AMEX backdating the opening of a new account to the date open of a previous account opening date. Has anyone had any other creditor do this for them besides AMEX?


I couldn't say with absolute certainty, but I sincerely doubt it.  This is a unique Amex policy.


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Message 2 of 11
Valued Contributor

Re: Account backdating


@Walt_K wrote:
I couldn't say with absolute certainty, but I sincerely doubt it.  This is a unique Amex policy

+1

 

I've asked Cap1 if I apped for the Venture Card if they would use the opening date of my first card with them, and was told nope.


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Message 3 of 11
Moderator Emerita

Re: Account backdating

The way that AmEx gets to do this is that they call their cardholders "members."

 

The cards say "member since", so if you first joined in 1989 (in diapers, while waiting for your strained apricots Smiley Wink), that year gets used on any following cards.

 

But since we aren't "members" of BofA, Chase, Citi, CapOne, and so forth, this doesn't happen.

 

Hmmm, I'm a member of USAA, and they don't do this... Smiley Very Happy

 

Anyway, it's a nice use of semantics by American Express to extend a perk to their members, 99.9% of whom are probably not aware of its significance for their credit profiles.

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Message 4 of 11
Super Contributor

Re: Account backdating


@haulingthescoreup wrote:

The way that AmEx gets to do this is that they call their cardholders "members."

 

The cards say "member since", so if you first joined in 1989 (in diapers, while waiting for your strained apricots Smiley Wink), that year gets used on any following cards.

 

But since we aren't "members" of BofA, Chase, Citi, CapOne, and so forth, this doesn't happen.

 

Hmmm, I'm a member of USAA, and they don't do this... Smiley Very Happy

 

Anyway, it's a nice use of semantics by American Express to extend a perk to their members, 99.9% of whom are probably not aware of its significance for their credit profiles.


My BOA AMEX card says member since 08.  My Citi Platinum says member since 09.    PenFed uses member since, too.  I posted an explanation about how AMEX is able to back date accounts.  The member since date is when one first entered  AMEX's system. 

Message 5 of 11
Valued Contributor

Re: Account backdating

I just looked thru my CC's and my Discover More says "Member Since 11" BoA CC says "Cardholder Since 11"


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Message 6 of 11
Super Contributor

Re: Account backdating


@Mustanglvr2006 wrote:

I just looked thru my CC's and my Discover More says "Member Since 11" BoA CC says "Cardholder Since 11"



Cards that says member since are prime cards.  Cards that says cardholder since are suprime cards.  Smiley Very Happy

Message 7 of 11
Moderator Emeritus

Re: Account backdating


@DI wrote:

@Mustanglvr2006 wrote:

I just looked thru my CC's and my Discover More says "Member Since 11" BoA CC says "Cardholder Since 11"



Cards that says member since are prime cards.  Cards that says cardholder since are suprime cards.  Smiley Very Happy


 

Hmm... I just looked at my Dillard's Amex. It says "Member Since 11" -- and yet I know that many people don't consider GEMB backed cards to be prime. Maybe not, but with a $1700 CL and no AF, it's "prime" enough for me at this point in time. Smiley Wink

 

Seriously though, I don't think that you're implying that BoA is subprime, are you?


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Message 8 of 11
Super Contributor

Re: Account backdating


@tinuviel wrote:

@DI wrote:

@Mustanglvr2006 wrote:

I just looked thru my CC's and my Discover More says "Member Since 11" BoA CC says "Cardholder Since 11"



Cards that says member since are prime cards.  Cards that says cardholder since are suprime cards.  Smiley Very Happy


 

Hmm... I just looked at my Dillard's Amex. It says "Member Since 11" -- and yet I know that many people don't consider GEMB backed cards to be prime. Maybe not, but with a $1700 CL and no AF, it's "prime" enough for me at this point in time. Smiley Wink

 

Seriously though, I don't think that you're implying that BoA is subprime, are you?


No, not all.  I was referring to certain cards.  But that post was just a joke. 

Message 9 of 11
Moderator Emeritus

Re: Account backdating


@DI wrote:

@tinuviel wrote:

@DI wrote:

@Mustanglvr2006 wrote:

I just looked thru my CC's and my Discover More says "Member Since 11" BoA CC says "Cardholder Since 11"



Cards that says member since are prime cards.  Cards that says cardholder since are suprime cards.  Smiley Very Happy


 

Hmm... I just looked at my Dillard's Amex. It says "Member Since 11" -- and yet I know that many people don't consider GEMB backed cards to be prime. Maybe not, but with a $1700 CL and no AF, it's "prime" enough for me at this point in time. Smiley Wink

 

Seriously though, I don't think that you're implying that BoA is subprime, are you?


No, not all.  I was referring to certain cards.  But that post was just a joke. 


 

I kind of thought so. Smiley Happy


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Message 10 of 11
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