irvine801 wrote:Thats not true. Someone on this forum went from zync to gold. NOT via upgrade , but they applied and got the gold. Upsgreg possibly?
denny33142 wrote:As you know some of us have the Zync card with a $500 limit, A few months ago I found out that this limit is permanent and cannot be removed, meaning that if you ever want a higher limit card you would have to apply for something else.
Long story short, I got the Zync to get my foot in the door with amex, but it looks like it is actually worse to have your foot in the door if you have this particular card.
CC Deville wrote:Don't look at it this way. Because you have established your Member Since year with AMEX, you did get your foot in the door with them. You will need to close your Zync before you can apply for other AMEX cards, but any subsequent AMEX card you are approved for will report to the bureaus as opened in 2012 (I assume you opened your Zync this year-if you opened it last year even better).
My advice would be to close your Zync and apply for the Gold Delta Skymiles in January of 2013. If approved, it will report as opened 1/12. Therefore, it is not a total waste. Just be sure that before you go this route that your credit would warrant AMEX approving you for a revolver. One caveat: the Zync is no longer avaialble; so once it's closed there is no way to obtain an other. But it sounds like you only wanted it for an "in" with AMEX and will not miss your Zync.
websteth wrote:I would keep ZYNC open until you got the new card personally. I don't know how American Express would backdate witht he gap in service.
CC Deville wrote:Again....you CANNOT open another AMEX card when your current Zync card with a HARD LIMIT is OPEN-it has to be CLOSED. If you have a normal Zync card with a no preset spending limit, you CAN apply and be approved for other AMEX cards. The OP has the Zync with a hard limit. So he has to chose what is more important...taking the chance by closing Zync and going for Gold Delta Skymiles or leaving it the way it is for now. Also, once you establish your Member Since year, it follows you throughout your life unless you screw AMEX over or they no longer have record of your original account because its been multiple eons since you closed it. I closed my Gold card in 2005 and opened a Blue in 2008 and it was backdated. So that was a 3 year "gap in service." I doubt that they would give him trouble for a month or two "gap."
I provided ample caution in my posting: 1) to be sure his credit is worthy of an AMEX revolver before closing Zync and 2) warned him that Zync is no longer available so if he closes his Zync, its gone.
The main point of my response is that with backdating, he really has nothing to lose in the long run.