cancel
Showing results for 
Search instead for 
Did you mean: 

Amex Optima - One off scenario but might help others

tag
Anonymous
Not applicable

Amex Optima - One off scenario but might help others

So this is probably a One Off situation but I know I was looking it up on these forums and thought I'd share if someone was ever in the same boat as me.  Search Function on these boards is awesome...if you are curious about a topic, use it!

 

So I had a charge off Amex probably a decade ago, paid in full and got an Optima rebuilder card with them.  Well I still was irresponsible with my credit and let the Optima Charge off as well back in 2015.  Got serious about my debt last year and knew I wanted a future relationship with Amex so I paid in full back in August 2020 I think it was?  

 

Well my account was still showing open, reporting positively and I was receiving letters about the terms of the Optima card.  Odd thing about paying the charge off, like all of my negative history from the CO was removed from my report.  This was a such a good thing, I didnt want to contact Amex in case they were like, hey, thanks for letting us know...lets go ahead and put all the CO and lates back on your report.

 

Today I got a bill from Amex for my old Optima with $0.00 balance and letting me know my annual fee was going to be due next month.  Call Amex Customer Service and asked if the account was still open...woman said the account was still open, reporting positively and that the new card they were sending me had my original Member Since Date...think it was 09.

 

So I guess the short story is...I let my rebuilder Optima Charge Off and once I paid it off in full, 6 months later, I got my Optima back.  So that is a possibility.

 

 

Message 1 of 5
4 REPLIES 4
AllZero
Mega Contributor

Re: Amex Optima - One off scenario but might help others

That's fantastic news. Thank you for sharing your story. Congratulations on your Optima success.

 

Yes, the search bar is an awesome tool. I use it all the time.

Message 2 of 5
Anonymous
Not applicable

Re: Amex Optima - One off scenario but might help others

Congrats, that's definitely a win. Nurture this and they likely will eventually open up to other cards as well.

Message 3 of 5
rostrow416
Established Contributor

Re: Amex Optima - One off scenario but might help others

Thats an awesome deal right there.  Congrats on keeping that Amex card open.

AMEX Gold | Purdue FCU $20,000 | FNBO Evergreen $15,000 | TFCU Plat Visa $15,000 | PenFed Platinum Rewards $15,000 | PenFed Pathfinder $15,000 | Citizen's Bank Cash Back+ $15,000 | Synchrony Premier MC $10,000 | SG Visa $10,000 | NFCU MoreRewards $7,000 | NFCU cashRewards $17,000 | Discover IT $6,000 | Capital One BuyPower $950 | AMEX BCP $5,000 | AMEX Amazon Prime Business $3,000

B&H Payboo Card $15,000 | Amazon Prime Card $10,000 | PC Richard Card $15,000 | Target RedCard $2,000 | Walmart Store Card $1,400 | Shell Gas Card $1,200 | Overstock Store Card $7,000 | Kohl's Store Card $3,000


Spring Cleaning:
C̶a̶p̶i̶t̶a̶l̶ ̶O̶n̶e̶ ̶Q̶u̶i̶c̶k̶S̶i̶l̶v̶e̶r̶ ̶$̶1̶,̶0̶0̶0̶ | C̶r̶e̶d̶i̶t̶ ̶O̶n̶e̶ ̶V̶i̶s̶a̶ ̶$̶1̶,̶2̶0̶0̶ | M̶e̶r̶r̶i̶c̶k̶ ̶B̶a̶n̶k̶ ̶$̶2̶,̶7̶0̶0̶ | M̶a̶r̶v̶e̶l̶ ̶M̶a̶s̶t̶e̶r̶c̶a̶r̶d̶ ̶$̶1̶,̶̶2̶0̶0̶ | C̶o̶m̶e̶n̶i̶t̶y̶ ̶M̶a̶s̶t̶e̶r̶C̶a̶r̶d̶ ̶$̶1̶,̶1̶8̶0̶
Message 4 of 5
OmarGB9
Community Leader
Super Contributor

Re: Amex Optima - One off scenario but might help others

Great job on getting back on track and doing things the right way now. It's a plus that they removed the CO and kept the account open.


Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.