Published on January 17th, 2020 | by William Charles54
American Express Zync Cards To All Be Closed On 3/30
Back in 2010 American Express launched the American Express Zync card, the card has not been available for new sign ups for some time. American Express has sent out letters to existing cardholders with a preset spending limit informing them that these cards will be closed on 3/30, this is frustrating for some as this is their oldest card (a factor in determining your FICO score). Normally when a card issuer closes cards like this they are product changed into a different card and cardholders keep their account history but for some reason American Express doesn’t seem to be doing that in this case.
The Zync card did come with a distinctive design (pictured below) and I’ve seen some speculation that American Express might use this design for the new card in between Platinum & Centurion (code name ‘Optio’). At this stage that is nothing more than speculation but I think it could work.