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4 posts
Benny
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Location: Los Angeles

AMEX Global Transfer Question

Postby Benny » Tue Jun 22, 2010 8:34 pm

Hi,

I moved to the US about 18 months ago and I'm now interested in transferring my Australian Amex (which I've had for over 10 years) to the US to help build my credit score. However, a few months ago I had 60-day late because of a charge that I forgot about as I've been using my US Visa card to help build my score.

If I transfer my Amex Card to the US will the 60-day late (and the rest of my 10 year history) come with it? Or do you start again with only US credit history?

Any help or advice will be very much appreciated.

Cheers,
Benny


Floppster
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Postby Floppster » Sun Jun 27, 2010 8:34 pm

Benny wrote:Hi,

I moved to the US about 18 months ago and I'm now interested in transferring my Australian Amex (which I've had for over 10 years) to the US to help build my credit score. However, a few months ago I had 60-day late because of a charge that I forgot about as I've been using my US Visa card to help build my score.

If I transfer my Amex Card to the US will the 60-day late (and the rest of my 10 year history) come with it? Or do you start again with only US credit history?

Any help or advice will be very much appreciated.

Cheers,
Benny


Hi Benny,

do not transfer your Australian Amex to the US. This will not help your score since your Australian Credit History will not appear on you US credit score. You are better off getting a US card and build your credit score this way. Get a charge card here in the US. If you have the income they don't care about the fact that you are here since only 18 month.
Intellectuals solve problems. Geniuses prevent them.
- Albert Einstein 1879-1955

Benny
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Location: Los Angeles

Postby Benny » Tue Jun 29, 2010 1:50 am

Thanks for your reply.

I want to transfer my Australian card because I'm no longer using it but I don't want to cancel it. I'm interested in getting a US Amex but I don't want to end up paying 2 annual fees.

Good news on the history. Having 2 low limit "starter" cards is really killing me - I just want a US charge card that I can use and pay off monthly.

Benny

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Mogul of Pineapples
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Postby Mogul of Pineapples » Sun Jul 11, 2010 12:05 am

If you dig back a couple pages on the American Express forum on here you will find another thread about the Global Transfer program- as Floppster pointed out it doesn't seem to be a system that's all that can help everyone.
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