New AMEX card but no score ding

[Imhotrodcrazy]

Well my new AMEX BCE card is finally showing up on all of my reports and there is no damage to my scores.  My TU score actually went up 1 point  to 729 and EQ is the same at 709, which is where it has been for about a year.  Anyway, I thought it was strange that I didn't take a hit for the new card.  Just thought I would share this with all of the number crunchers out there. 

[CS800]

Is that your first AMEX?

No backdating?

[Imhotrodcrazy]

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@CS800 wrote:

Is that your first AMEX?

No backdating?

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Yes, this is my first AMEX. 

[CS800]

You might get ding if your AAoA goes down, your Util goes up.

So even with it reporting (reduce util , lower AAoA) no change huh?

How many inqs do you have on EX?

[BobbyJ]

How long did it take for your BCE to report to the CRAs?  I opened my Amex PR Gold and Zync on 1/6/12 and they are still not reporting.  Just curious of the time frame for reporting.

[nada9188]

Same here.. My reported with an open date of 12/1/11 last month and my scores did not change at all!

I thought this was slightly weird. First amex card, no backdating. 

[tntexans72]

I would wait a couple of months before celebrating. I apped for a Bcp 11/2011. When my report hit in Jan 2012, Bammed...dropped about 20pts cause Length of credit history  (AAoA) and New Credit = 25% of your score total.

[nada9188]

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@tntexans72 wrote:

I would wait a couple of months before celebrating. I apped for a Bcp 11/2011. When my report hit in Jan 2012, Bammed...dropped about 20pts cause Length of credit history  (AAoA) and New Credit = 25% of your score total.

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I see where you are coming from, but since ours have already reported as well why didn't our scores drop?

Do you have any other new accounts tnt? My AAoA was only 1.5 yrs when getting this card so perhaps mine didn't have much room to go down?

[tntexans72]

I am no expert in Fico scoring formula but the % #s are there.

My AAoA is 5.5yrs...I went from 747 -----> 718 is the exact figure today.

[pkhuu78]

I was approved for the PRG on the 13th and Costco on the 23th and both were back dated to 1998.  Amex reported both on EQ and TU this morning but not EX yet.  No ding on EQ and 4 points increased on TU now at 700..I am very happy, finally at the 700 mark.  Hopefully I won't get ding when Chase reports the Disney card..

See you guys at the garden....