Thread: Zync or Green, for student

I would have her wait until she brings down the balance on that BOA card. That's maxed out (lenders view a card as maxed out if >90% of the CL is in use), and is bringing her score down big time.

Echoing everyone else- pay down the balances and go for the Green card.

Just from observation, I'd say American Express is a company a LOT of people certainly grow into, not just having another Visa/Mastercard distributor. By that, I mean it's neat to see older ladies/gentlemen with cards since '72 for example- they're in there for the long haul.

As for the Zync and its current terms, you will not be able to upgrade the card into its 'elders'. If your student isn't primarily concerned w/ rewards Amex offers, it wouldn't be the worst move to get a Zync, even just to have it for its protection/customer service benefits.

However, to fully get the best rewards use of the charge cards in my opinion, you would want to use your Membership Rewards points for transferring points to miles to get the most bang for your buck, which many agree (if she anticipates traveling). Other great ways are to use the Amex Shopping Mall to get 2x-10x pts for going through them.

If traveling/annual fees aren't elements she wants to go into, then I'd recommend elsewhere.

The Zync or the Clear card (credit card) are possible to get her foot in the door with those particular scores anyway.