08-27-2010 05:42 PM
08-27-2010 07:20 PM
I've heard of many people successfuly getting one of their revolving credit cards after 6 months of a charge card.
What is your target card? For higher end cards like Blue & Clear I would wait another 6 months.
08-27-2010 08:26 PM
mjbfan, did you get your AmEx this year? (in 2010)
If so, wait until January 2011 or later.
The subsequent card will have the month that you open it + the year in which you opened your first AmEx.
If you get a second card this year, it will show up as a new card. For instance, if you get one next week, it will show September 2010 for the opening date.
But if you wait until January, the new card will show an opening date of January 2010, so you'll have instant age, and you won't get a new card ding.
If you got your current card in December, say, of last year, then getting a second card next week will have an opening date of September 2009.
Might as well make the AmEx backdating work for you!
For anyone else reading this who doesn't have an AmEx yet, think about getting one in October-November-December, so that you can work the backdating to your advantage with subsequent cards. If you get your first card in January or February, you'll have to wait a year to get that instant age working for you.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.