I just got the "you've been selected" for the green card in the mail yesterday. But I'm not sure if I should take the offer. I too was in default with them in the 90's.
Would it be possibly for you to update us to see if you are back dated? It seem a few are lucky in that happening. I'm hopeful I will be one of those people but I didn't take the offer yet.
Please keep us posted. thanks
I received my first Amex card back in 1990. I was young, in the entertainment industry, and feeling good that I had an Amex Gold card. I overextended myself trying to provide for family and ended up not being able to pay off a huge Amex bill. It was charged off and my credit was ruined. I received financially in 2000 but that recovery was short lived. I finally took control of my financial life in 2007 and ordered my credit reports. I went thru every item. I paid off every debt and took my score from 501 to 640. For the last 4 years, I haven't been late with a payment. Now, I pay serious attention to my report. A few months ago, my score dropped to 595 after the company I finance my car thru reported in error that I was late. Thanks to credit alerts, I was able to jump on top of it immediately. I called the car finance company daily for a month until they corrected it.
Now, for the 1st time in my life, 2 agencies rate me over 700 and the 3rd agency rated me at 692. I applied for an Amex earlier this week and was denied. They said it was because I'm over 120 days late with a payment. No way!!! I pulled my report and noticed that BofA never updated my report from 2007. I got on the phone with BofA and explained my issue. The next morning, I received a credit alert that a major change hit my account. BofA removed the negative info. I applied again for an Amex card and was approved. This was a happy moment for me. I finally started to understand finances a few years back and took control.
I'm surprised that they approved me because the AMEX bill from 1990 was the only bill I never paid off. It wasn't on my credit report. I don't care if I'm not backdated. Im just excited to be in the club again 21 years later.
Wow! Your experience is very similar to mine. Maybe Amex has quietly instituted a 20 year limit to their unpaid CO blacklist. Congrats on the approval!
I just received my Amex Green card. Wow. I've come a long way.
Congratulations--and wow, indeed. I'm another 90s ex-Green Card holder. Maybe there's hope for me, too. Very tight finances are forcing me to dig out of some scary-high UTILs at the moment, but another month or two of austerity should set it right again. You go, Bronx!