Credit Cards

turn on suggestions Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Reply
Topic Options
Established Member
bobomb01
Posts: 40
Registered: ‎08-26-2012

Do product changes affect your AAoA?

Options

‎08-31-2012 05:43 PM

Do product changes affect your average age of accounts?

 

I'm thinking as long as the account number stays the same, it should be the same open date as the previous card, correct?

FICO: 750, (Walmart TU, 5/13/13)
Wallet: AMEX Gold, and cash.
Gardening until 8/30/13: Chase Freedom (5000), Capital One Venture1 (4750), CU Visa (5000), Discover More (5500), Walmart Discover (7500), Barclays Visa (2000)

Message 1 of 4 (257 Views)
 
Reply
Frequent Contributor
aamex
Posts: 266
Registered: ‎04-28-2011

Re: Do product changes affect your AAoA?

Options

‎08-31-2012 05:47 PM

I did a product change with Barclays in Feb, and recently noticed they added a new account to my report. I had to dispute it with equifax, and they removed it. But, i think it's bank specific and you should always ask before accepting their terms and conditions. I asked multiple times and they still created a new account, which in that case did temporarily affect my AAOA

Wallet: Amex Platinum | BOA Travel Rewards | Chase Sapphire Preferred| Discover More
Message 2 of 4 (252 Views)
 
Reply
Valued Contributor
Crashem
Posts: 2,351
Registered: ‎01-26-2012

Re: Do product changes affect your AAoA?

Options

‎08-31-2012 05:55 PM

Depends oN issuer.  Many issuers don't change anything including card number and basically you can't tell anything is different from credit report.  Other issuers are less sensitive about it.   Walmart to Walmart discover comes to mind.

Amex Plat, Amex BCP 8k->24k (5/23/12), Amex TE 15k, CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k (8/20/12), HSBC 15k, JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k
Message 3 of 4 (242 Views)
 
Reply
Established Member
bobomb01
Posts: 40
Registered: ‎08-26-2012

Re: Do product changes affect your AAoA?

Options

‎08-31-2012 06:13 PM

Good to know.

 

Thanks guys.

 

I guess I'll find out.

FICO: 750, (Walmart TU, 5/13/13)
Wallet: AMEX Gold, and cash.
Gardening until 8/30/13: Chase Freedom (5000), Capital One Venture1 (4750), CU Visa (5000), Discover More (5500), Walmart Discover (7500), Barclays Visa (2000)

Message 4 of 4 (228 Views)
 
Reply

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
www.myfico.com is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+