Reply
Moderator Emeritus
Posts: 5,267
Registered: ‎03-18-2008
0

Question about Macy's Visa double-reporting tradelines

I have a Macy's Visa card that has a split tradeline personality.  My credit report has always shown two separate Macy's accounts with the same open date, but with different credit limits and balance history.  For example, this card has been used almost exclusively at Macy's, and I can see the balance change each month on the credit report entry that I call the "Macy's store" account.  On the other hand, I've only used the "Macy's Visa" tradeline once, about 2 years ago, when I bought gas, and the Visa tradeline reports a bunch of zeros in the balance history.

 

Recently I had a B of A credit card with a $9500 CL closed involuntarily due to inactivity.  I don't want this to happen to any of my other cards.  So, I'm making sure that I use them each at least once every couple months.

 

My question is this: if I continue to use the "Macy's store" account as usual - charges at Macy's about every other month - will this count as usage of the "Macy's Visa" account?  Does anyone think that Macy's would cancel the Visa half of the card if I never use it buy gas or groceries?

Highlighted
Epic Contributor
Posts: 25,591
Registered: ‎10-23-2007
0

Re: Question about Macy's Visa double-reporting tradelines

Macy's probably won't cancel the visa, but since creditors are canceling accounts for non activity, why not just buy gas once a month with the macys visa and then there won't be any question of it closing like your bofa card.
Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
95 Cards and Counting Smiley Tongue
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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.