Originally Posted by Dieuwer
(Post 32931840)
Not quite sure what the AXMEX Gold wants to be: A dining/grocery card or a travel card. The Uber credit seems to imply the latter, but then why no extra airfare points?
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Originally Posted by nexusCFX
(Post 32931846)
It does have extra airfare, it earns 3x.
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I think it is pretty clear the Gold is meant to an everyday use card, not a travel card. The 3x airfare is about the only thing travel related on the card, excluding the airline fee credit that's going away. Amex is positioning the Gold as the foodie, everyday kind of spend card. And that's fine. It doesn't need to be a travel card. The Green gives 3x on far broader travel and the Platinum 5x on airfare. If anything the 3x airfare on Gold is redundant for anyone who has a Green and/or Platinum and would be nice if the 3x airfare were replaced with 3x online shopping or something else "everyday" use. Just my opinion
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Originally Posted by kdm31091
(Post 32932126)
I think it is pretty clear the Gold is meant to an everyday use card, not a travel card.
This is my oldest Amex card - any idea whether my "member since" date will remain the same for credit rating purposes if I cancel? |
Originally Posted by Kacee
(Post 32932403)
It's too expensive at $250 to be an everyday use card. IMO Amex needs to offer more meaningful perks for it to be worth the price.
This is my oldest Amex card - any idea whether my "member since" date will remain the same for credit rating purposes if I cancel? |
I thought the "AMEX Everyday Preferred" was for the "Everyday" crowds. Can't have it both ways.
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Originally Posted by Kacee
(Post 32932403)
It's too expensive at $250 to be an everyday use card. IMO Amex needs to offer more meaningful perks for it to be worth the price.
This is my oldest Amex card - any idea whether my "member since" date will remain the same for credit rating purposes if I cancel? When I canceled my oldest AMEX card a few years ago, I noticed in credit reports that the next-oldest AMEX card I had at the time suddenly had its account age changed to the date of the card I'd canceled. My "member since" also hasn't changed. |
Originally Posted by Dieuwer
(Post 32932451)
Can't have it both ways.
The internal Member Since date remains the same, but is now disconnected from the date reported to credit bureaus, see this thread from 2015: https://www.flyertalk.com/forum/amer...t-bureaus.html |
Originally Posted by gengar
(Post 32932548)
When I canceled my oldest AMEX card a few years ago, I noticed in credit reports that the next-oldest AMEX card I had at the time suddenly had its account age changed to the date of the card I'd canceled. My "member since" also hasn't changed.
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Originally Posted by mia
(Post 32932551)
The internal Member Since date remains the same, but is now disconnected from the date reported to credit bureaus, see this thread from 2015:
https://www.flyertalk.com/forum/amer...t-bureaus.html
Originally Posted by Visconti
(Post 32932566)
Oh, this is very interesting. Since the lost of the backdating feature, I've been reticent to cancel my oldest Amex account. Has anyone had a similar experience when cancelling his/her oldest Amex tradeline?
What's odd is I just checked my Chase Credit Journey (not sure which bureau that is) and my PRG (which I canceled last year) shows the backdate. I'm certain it did not show the backdate when I first received it. So there seems to be something fishy about the way AMEX is reporting to bureaus, or how the bureaus are showing the information. (My canceled HH Aspire also shows the backdate and that product wasn't introduced until well after 2015, but I may have converted it.) |
Originally Posted by gengar
(Post 32932582)
What's odd is I just checked my Chase Credit Journey (not sure which bureau that is) and my PRG (which I canceled last year) shows the backdate. I'm certain it did not show the backdate when I first received it. So there seems to be something fishy about the way AMEX is reporting to bureaus, or how the bureaus are showing the information. (My canceled HH Aspire also shows the backdate and that product wasn't introduced until well after 2015, but I may have converted it.)
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Originally Posted by Visconti
(Post 32932913)
Even more interesting. So, in your case, it would appear an Amex during the post backdating era once cancelled reverts to your original member date on the closed tradeline?
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Originally Posted by gengar
(Post 32933055)
It seems that way but difficult to know for sure, plus there's always the chance I'm remembering incorrectly. It'd be interesting to get more data points on this. As I mentioned before, a big question is how AMEX is reporting the information or even how the credit bureaus are presenting the information. For example, I've always found it curious that the AMEX backdating isn't even to the same date (at least in my case). All my AMEX that are backdated show the same year, but none of them have the exact same date.
Regarding dates during the backdating era, Amex used whatever date you had app'ed or were approved with your original membership year. So, I'd imagine many of us would app for our new bonus Amex cards during Jan, to maximize the backdating and use as a ballast for account average age during our bonus sprees. |
Originally Posted by gengar
(Post 32933055)
.... All my AMEX that are backdated show the same year, but none of them have the exact same date.
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I guess that's a good thing? I've kept my original SPG card which I've had since college mostly because I didn't want to cause a huge drop in the length of my credit history. If Amex backdates the second oldest Amex card, doesn't that mean we can cancel the oldest card without much impact on credit score?
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