@CreditScholar wrote:+1. The Zync will be around for awhile, and then after that the decently profitable Zync cardholders may be transitioned to another product. People with $200/$500 hard limits will probably be dropped altogether, since the discontinuation gives Amex the perfect excuse to dump their garbage cardholders who aren't worth their time.
@shakalaka wrote:Well I guess there is something in their card agreements, which would enable them to cancel the cards. But at the end of the day, they also want to do business. So at least if you use the card, they will offer us something (I hope).
But on the other side, if someone has a $500 limit and only spends about $100/months or so, they may not be interested in keeping this business ...
"Creditscholar" is there a particular reason why all of your posts are so condescending? 
We get it. You have never had bad credit and everything is easy for you. Wonderful!
Some people here were irresponsible in the past with their credit. Others tried their best but got hit by life. This being a forum about FICO scores...I would expect there to be a lot of posters who care about their credit score and either want to improve it or monitor it.
I dont understand your need to quickly chime in and let people know how easy it is to get an AMEX or Chase Saphirre/JPM Select card if you have never screwed your credit up on a board where obviously a lot of people are rebuilding from past issues.
Sometimes I get annoyed at posters on this forum who aren't patient enough to let baddies or new accounts age. I also hate it when posters ruin a good thing (Cap One Exec Office, PSECU) or when people who just filed for BK are desperate to get large limits again right away like nothing happened. However, what I love about this board is how supportive and knowledgeable people are. So I tend to find your posts rather out of place.
I'm sure you think you're providing wonderful insight and a needed dose of reality. To me, however, it comes across as little more than credit elitism.
AMEX is a smart company and one of the world's most admired brands. I doubt they would ever knowingly take in "garbage cardholders" as you so eloquently put it. I'm sure there are Centurion "garbage cardholders" with large bank accounts and wonderful credit profiles that they end up having to dump (like Courtney Love, "Garbage" literally and figuratively).
Zync was meant to bring in a new generation of AMEX card members, mostly college age (and in college), it didn't do that up to percentage like they expected during it's run. Instead they no doubt noticed a higher percentage of applicants for Z doing so for rebuilding reasons instead. It was going to bring in long term "replacements" for card members they were losing (fresh blood, not recycled).
I have to add a bit of info. Being I was just on my account page this morning, I realized something while reading this thread, my Z was a year old in Sept, there's no charge for the AF so far on my account...... Anyone else notice this or know when the AF is charged, the month of approval or the following?
Checking my old (first statement for Z) my AF was originally billed on the statement closing date (I prepaid it so it never reported that balance). Maybe I have to wait until mid OCT to see that charge?
[EDIT]: Considering there's concern surrounding issues about if an account is a hard limit or NPSL, I should add that my Z was NPSL out of the gate. A friend has a 250 HL and I hope this doesn't affect him somehow (I recommended the Z to him but he has yet to be able to get it BD'd in 10 months).
@charyot77 wrote:
@CreditScholar wrote:+1. The Zync will be around for awhile, and then after that the decently profitable Zync cardholders may be transitioned to another product. People with $200/$500 hard limits will probably be dropped altogether, since the discontinuation gives Amex the perfect excuse to dump their garbage cardholders who aren't worth their time.
@shakalaka wrote:Well I guess there is something in their card agreements, which would enable them to cancel the cards. But at the end of the day, they also want to do business. So at least if you use the card, they will offer us something (I hope).
But on the other side, if someone has a $500 limit and only spends about $100/months or so, they may not be interested in keeping this business ...
"Creditscholar" is there a particular reason why all of your posts are so condescending?
We get it. You have never had bad credit and everything is easy for you. Wonderful!
Some people here were irresponsible in the past with their credit. Others tried their best but got hit by life. This being a forum about FICO scores...I would expect there to be a lot of posters who care about their credit score and either want to improve it or monitor it.
I don't understand your need to quickly chime in and let people know how easy it is to get an AMEX or Chase Saphirre/JPM Select card if you have never screwed your credit up on a board where obviously a lot of people are rebuilding from past issues.
Sometimes I get annoyed at posters on this forum who aren't patient enough to let baddies or new accounts age. I also hate it when posters ruin a good thing (Cap One Exec Office, PSECU) or when people who just filed for BK are desperate to get large limits again right away like nothing happened. However, what I love about this board is how supportive and knowledgeable people are. So I tend to find your posts rather out of place.
I'm sure you think you're providing wonderful insight and a needed dose of reality. To me, however, it comes across as little more than credit elitism.
AMEX is a smart company and one of the world's most admired brands. I doubt they would ever knowingly take in "garbage cardholders" as you so eloquently put it. I'm sure there are Centurion "garbage cardholders" with large bank accounts and wonderful credit profiles that they end up having to dump (like Courtney Love, "Garbage" literally and figuratively).
+1
Like many other Zync cardholders, I am very curious to see what is done with the card. Creditscholar, your point that Amex may decide us hard limit holders are not worth their time is a valid supposition, as are the other suppositions that they will keep it open, product change us all, etc. However your post is threaded with condescension regarding the hard limit cards, as are a few other posts I have seen in the Zync threads lately, and that is really disheartening. If we were all garbage, Amex wouldn't have taken us. If it was a garbage card, they would hand it out to the raccoons playing in the dumpsters. I don't see where being offered the chance to be a part of the Amex family and being responsible with it is' tarnishing their image' (as another poster in a different thread stated)
I enjoy my Zync, and personally don't care if the hard limit is ever removed. If I want a higher line from Amex, I will simply apply for a different card when I feel the time is right, my utilization is appropriate, and my scores meet Amex's criteria. If in the meantime Amex dumps the hard limit crowd, so be it. Other fish in the sea and I've got other tradelines to tend to and garden.
While the Amex threads are very informative and yes, the possibility of the hard limit crowd getting the boot (and where to go from there if that happens) DOES need to be considered, can we do it without the looking down of noses and condescension, please? It isn't only you, so please don't feel that you're being singled out. This post just happened to shove me over the edge of saying something. We all had to start somewhere in rebuilding. If we didn't, we wouldn't be here. A hard limit Zync is part of that for many of us. Good advice and tough love (I'm looking at you, Appbar threads) is part of this forum, deriding cardholders isn't.
Off the soapbox and back to lurking.
Ryvision,
I too hit my 1 year in Sept with Zync, however, they did charge the annual fee and my restaraunt pack fee!
In full gardening/ debt annihilation mode! (4/15/13)