Current Zync users can now upgrade charge cards?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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Z06Biker
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Postby Z06Biker » Wed May 15, 2013 4:44 pm

PlatinumAMEX94 wrote:You should strike while the fire is hot and go for the platinum. You won't be sorry.


I agree. Until this thread, I didn't even realize one could upgrade from Zync to Plat. I thought Zync was it's own entity, and the upgrade chain only began with the Green...
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard


PopiLopi
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Postby PopiLopi » Wed May 15, 2013 7:52 pm

The Zync just became upgradable on April 16th, sucks I cancelled mine in march thinking it was worthless with no packs and no upgrades
Amex: Business Platinum (09/12) BCP $10,500 (03/13)
Visa: Capital One Journey $750 (04/11) Chase Freedom $1,800 (04/12)
MasterCard Citi AAdvantage Platinum Select $8,500 (05/13)
Discover: Discover It $2500 (07/11)
Store Cards: Amazon $3900 (12/11) Macy's $500 (04/11) Kohl's $500 (05/12) Victoria's Secret $750 (11/12)

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Z06Biker
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Postby Z06Biker » Wed May 15, 2013 9:10 pm

That's interesting. Seems like it would be cannibalizing their own tiers then, since the requirements for Zync were generally tailored for younger customers just getting into credit. If those same customers can ubiquitously upgrade to anything, that sort of defeats the purpose of creating different cards for different markets, no?
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard

pewpew
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Postby pewpew » Thu May 16, 2013 12:27 am

this doesn't change anything. AmEx has been handing out charge cards left, right and purple over the last few years anyway. i've seen 19 and 20 year olds with little credit history getting green and gold cards. my 20 year old brother has a gold business card that he uses for his tiny ebay business (to the tune of 10k in sales a year). people on here as young as 20 claimed to have received platinum cards too.

any "exclusivity" AmEx was once shooting for flew right out the window when they started handing platinum cards to college students and people making under 50k a year.

besides, i'm sure that not all zync members can upgrade straight to platinum. i know that Chase has upgrade restrictions for people with less than stellar credit history and it would make sense that AmEx would do the same.
Junk I use:
AmEx Platinum for Mercedes Benz from, 75k spending ability
AmEx Everyday 8.99% + Prime, 44k CL
Chase Ink Bold, 35k
Chase Freedom (Converted from WaMu VISA) from '07, 5.99% + Prime, 30k CL

Junk I don't use
BoA Susan G. Komen Cash Rewards (converted from World Points MC) from '07, 7.9% Fixed APR, 30k CL
Discover IT (Converted from Discover More) from '08, 5.74% + Prime, 20k CL
AmEx Clear from '07, 4.99% + Prime, 10k CL
All 3 credit scores are over 800.

ivotedale
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Postby ivotedale » Fri May 17, 2013 12:58 am

Good stuff in this thread so far.

Even if it were never upgradeable, I would have kept it still in combination with Amex's "Small Business Saturdays," in which you get a $25 free statement credit for each Amex card you own, if you spend $25+ at a qualifying small business- that said, it's similar to obtaining a "free Zync" if you will.

As far as my personal story goes, I'd love to reach for the platinum, but my lifestyle and spending patterns don't lineup with its great benefits for me right now. My true score is around 770 EX, etc- so I know I could be approved for most cards, but my current income is probably the biggest barrier. I'm not sure what Chase's income requirements are for the Chase Sapphire standard, but I was declined strictly because of that.

And you're all right; it is comical- Green and Gold are certainly easier charge cards to get these days, even for folks who make less than $15,000/ year so I've heard.

Again though, if we're having an "exclusivity contest here," I think the Zync still wins. I still get "ooohs" and "ahhhhs" with it, because it was only a card that lasted 3+ years. You can see Platinum, Gold, Greens all day- but when you go to bed each night, you'll have to know it's equivalent to a <1% cashback card as far as "rewards" go for it. That's the only bummer.
Currently: American Express Blue Sky, American Express Zync, Chase Freedom Visa, Capital One Newcomers--->converted to Capital One Quicksilver Mastercard NO AF

Robrus1
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Postby Robrus1 » Fri May 17, 2013 8:55 am

The way I understood it was that all of the charge cards had the same approval requirements, so if you got approved for Green, you could upgrade to Platinum or PRG or whatever you want later. I think Amex has counted on the steep annual fees of the charge cards to maintain some exclusivity (esp Plat), but I don't think it's any harder to get than a Green, I think they just count on the annual fee to deter people who want the card but don't really fit the criteria for which the card was intended.

I saw a girl at my local coffee shop use a Zync to pay for her coffee a couple weeks ago and I almost asked her if I could see it but that'd be a weird thing to do so obviously I didn't. It sure does look cool though. I wish I had had one at some point. 10-15 years from now that card will be super rare.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

Sevenfeet
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Postby Sevenfeet » Fri May 17, 2013 10:52 am

pewpew wrote:this doesn't change anything. AmEx has been handing out charge cards left, right and purple over the last few years anyway. i've seen 19 and 20 year olds with little credit history getting green and gold cards. my 20 year old brother has a gold business card that he uses for his tiny ebay business (to the tune of 10k in sales a year). people on here as young as 20 claimed to have received platinum cards too.

any "exclusivity" AmEx was once shooting for flew right out the window when they started handing platinum cards to college students and people making under 50k a year.


Getting Green and Gold cards at a young age isn't new. I got my first Green card while still in college back in 1988, and changed to Gold after getting my first job in 1989. Still, I agree that it's not quite the same. Platinum card holders at the same young age is a little mystifying to me. All it tells me that Amex is more interested in the $450 annual fee than making it a truly difficult product to qualify for.
Cards:
American Express Platinum (NPSL)
Penfed Platinum Reward Visa ($28K)
Chase Freedom Visa ($25K)
Fidelity American Express ($20K)
American Express Blue Cash Preferred ($20K)
Bank of America Cash Rewards MasterCard ($20K)
Citi Thank You Preferred Visa ($9.5K)
Chase Sapphire Preferred ($7.5K)
US Bank Cash + Visa Signature ($7K)
Discover IT ($4K)

Moneytalks
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Postby Moneytalks » Fri May 17, 2013 7:12 pm

Sevenfeet wrote:Getting Green and Gold cards at a young age isn't new. I got my first Green card while still in college back in 1988, and changed to Gold after getting my first job in 1989. Still, I agree that it's not quite the same. Platinum card holders at the same young age is a little mystifying to me. All it tells me that Amex is more interested in the $450 annual fee than making it a truly difficult product to qualify for.


True, that and when a college student puts his/her $40,000 tuition on the charge card, Amex is certainly not complaining!!
Wallet: Amex BCE & Chase Freedom. (Credit Card dieting since 2014)

irvine801
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Postby irvine801 » Fri May 31, 2013 10:39 am

Going back to my question with my hard limit. Amex said I can't PC because of my hard limit. It's very frustrating because a 500$ LOC is a Joke considering I spend triple even quadruple that in a month. Ugh...
-American Express Zync.
-Discover IT. 4.5k limit 7.99%
-MC Citi diamond preferred. 1500 limit
-Visa Chase freedom. 2k limit.(23.24%, NOT IN USE)
-Miles by discover 1.5k limit.7.99%
-Best buy store card. 1500 limit
-Mt. America visa 1k limit

MemberSince99
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Postby MemberSince99 » Fri May 31, 2013 10:50 am

Hi Irvine good to see you back man it's been a while since I read one of your posts.

I read on the FICO forum where people were questioning this as well - could you PC the hard limit Zync. Apparently it is a YMMV situation, as some on there claimed they called and were able to do it.

So my suggestion is, call back, or use the online chat, and request it. Sometimes you might get a rep who doesn't know this can be done but if they aren't fibbing, it CAN be done. It may be just not all reps know it, or YMMV.



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