Comments on: American Express Zync Card Review

By: mona

mona — Tue, 27 Jul 2010 04:38:18 +0000

im supposed to get my new zync card in a few days and im very excited , ive had my capital one credit card for almost a year , but the interest rate if i happened to miss a payment is ridiculous , and its been months and my credit limit hasnt increased , the zync however has the prestige of american express telling u we dont put limits on ur spending , thats silly , but we will require that whatever u want to spend has to be paid in full every month. i think thats fair , its good to know u have almost an unlimited credit amount but at the same time , its a good way to remind u to only spend what u can pay for. i think the zync card is a great idea.

By: Matt

Matt — Wed, 21 Jul 2010 05:35:49 +0000

I’m in the same boat as Jon. I have had an Amex Blue Card since 2005. I always pay the balance.

I am looking at the Green Card. This Zync card has me intrigued.

By: Jon

Jon — Sun, 11 Jul 2010 04:57:05 +0000

I have a Amex Blue Card and I’m wondering if this card would be a good move. I’ve been with Amex a long time, I already have a good credit history and pay my balance off every month in full, always!

I guess Im interested in the double points, extended warranties and all the other little things they add that appears to not be on my Blue card but dot want to pay the high annual fees with other Amex cards.

By: Carlos

Carlos — Mon, 05 Jul 2010 20:32:56 +0000

I’ve always wanted to have an American Express and this is my first month using the Zync card. I still do not know how good/bad it is to use a charge card because I am always thinking I might go over my limit. The Zync card, the green and the gold are the ones that I was pre-approved for but I the one that I really really wanted was the Blue Cash, so I am just hoping to build a good relationship with AMEX and get the blue cash later so I won’t have to worry about going over my limit.

By: Greg M.

Greg M. — Wed, 30 Jun 2010 15:56:00 +0000

I love my zync card!! I’ve had it for 3 months now and had no problems. The only thing I don’t like is that you have to wait until the billing cycle is over and paid to access the membership reward point from the cycle before that. The most expensice charge I made was about $1,500 at one time without a problem. I am now starting to spend more now because I’m starting to travel. The customer service is ok and people tend to think your in some exclusive club when you use it! In all I think the card is good for someone that has bad credit or someone who needs to build there credit. I had a capital one card for almost a year now and my score has only gone up 9 points and my limit is the same even though I use less than half of the credit available. I would recommend this card to people but be careful because what you spend is what you have to pay back at the end of the billing cycle. So, you might end up in a situation that will mess you up!

By: Josh

Josh — Sat, 26 Jun 2010 17:40:23 +0000

One other thing to put the spending limits in perspective. My household income after taxes is about $60,000 a year. I spend on average about $2500.00 a month on my AMEX. When I first got the card and I had no credit history with them I was limited to about $1500.00 a month for the first six months. I have charged as much as $10,000.00 on a single charge with my monthly bill being around $12,000.00 and had no problem. I did however notify them that I was going to make the purchase before I did it.

By: Josh

Josh — Sat, 26 Jun 2010 17:31:03 +0000

I am a firm supporter of AMEX and the use of charge cards. I think that the Zync card is great for young adults trying to establish their credit. Using a charge card does two things, It allows individuals to manage their monthly budget easier, and AMEX is one of the best companies to use to increase your credit score. I am not a Zync card member however, I have been a green card member for a long time. The other benefits that come along with AMEX is their travel insurance as well as their customer service. I had a layover in Chicago on a trip I took from Denver to Columbus. I subsequently became ill in Chicago and was taken to the Emergency room. AMEX paid the hospital bill in full with no cost to me because I purchased my entire trip with my AMEX card. As far as customer service goes Amex can’t be beat. They have the best customer service of any credit card company out there, and they are based out of the continental North America (I have been connected to Canada once). Obviously as in Serb’s case if you don’t pay your bill they will cut your card off. I don’t see how a person can be upset with that. Another point I would like to make is that I have never had a problem making large purchases with my AMEX. However, I always give them a heads up when I’m going to make a large purchase. You can do this either on line or over the phone. Another thing to keep in mind with AMEX is that they are very proactive on their fraud prevention. I recomend that you always give them a heads up if you are going to be traveling, especially if you are traveling outside the country. The cards are well worth the annual fee however, I would not upgrade past the Green card unless you travel a lot. If that is the case I would skip the Gold card and go strait to the Platinum Card. The Gold card’s benefits are too similar to the Green card to justify the additional cost. The Platinum card gets you free room upgrades and ticket upgrades at shows and stuff like that, but it costs 495 dollars a year.

By: Anthony

Anthony — Fri, 11 Jun 2010 06:17:38 +0000

I filed Chapter 7 earlier this year and need to start rebuilding my credit. Seems like the Zync is designed for young adults looking to establish credit. Does anyone know if they accept individuals with a recent BK? If not, do you have a recommendation of a creditor that will with reasonable fees?

By: Drew In Philly

Drew In Philly — Sun, 06 Jun 2010 09:11:20 +0000

I love my GREEN card so far… From my second month of using it my credit score jumped 30-40 points….Dont really know why..

By: Jenn

Jenn — Tue, 04 May 2010 22:53:24 +0000

Hey Seb,

If you don’t pay your electricty bill- guess what- your electricity gets shut off. That is how it works. My advice, pay your bills, dufus!