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American Express - Optima Oasis Program

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Has anyone paid-off their old AMEX debt and then given the Optima Card? I've read that they use your original membership date, but does they date appear on your credit report as well as your charge card? If it does appear on your credit, what dollar amounts appear for the years you weren't paying on your debt?

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In the Oasis Program you must settle in full your debt to american express. They will issue a new card with the same credit limit as the one you had before. I believe you cant get a credit line increase on that card.

The new card has its own start day which will be the new date of the card. The old account which you paid off will be listed as paid as agreed. It will show the long history but that account will be closed.

THE NEW CARD WILL NOT HAVE THE OLD OPEN DATE. you will have the history as in overall age of credit.

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