- Centurion Member
- Posts: 474
- Joined: Sat Apr 13, 2013 7:49 pm
- Location: Colorado, USA
Regarding the original question about an AMEX charge card being worth it, it's very subjective and each person would need to determine what "worth" means to them. To some here, obviously it's not worth it to have one. Others find their own worth in a charge card. I originally got my Zync card as my first (rebuilder) AMEX, since the $25AF was a pittance compared with other AF. That it would backdate to when they could find my earlier records (1991 vs 1976) was an added benefit; I wish they could have found my records back to '76 though! I'll keep my Zync card for as long as I can...because I can. Some don't see the "worth" in it, and that's fine. It's "worth it" to me and that's really all that matters.
The backdating does add to the AAofA, but that in and of itself is not what makes it worthwhile, under a manual review. It's the SCORE that it helps generate that's beneficial. Yes, under a manual review, an underwriter may see that the card(s) don't in fact go back to the MSD. But that doesn't change the SCORE and that's what can make a difference between one mortgage rate and another, higher rate. The details matter to some UW, not so much to others. With everything credit-wise, YMMV.
Regarding the level of service and where a call ends up on initial call in, there's a very simple solution. When calling inbound to a center, if it's unclear where they are located, simply ask "Where are you located?" If their answer is off shore, and you want to speak to a USA based call center, simply ask to be transferred to a stateside call center. Problem solved, as far as speaking with a fellow American. I'm not going to get in to the merits or demerits of reaching a foreign call center. Obviously, this wouldn't necessarily apply to our friends and neighbours in Canada, the UK, and elsewhere here at the forum where we have member/posters.
Retired, and in the process of retiring cards!
EQ = 846 EX=828 TU = 836 as of 02/2016