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Established Contributor
Posts: 672
Registered: ‎07-05-2008
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Question about converting a fuel card to a credit card...

I currently have the Sunoco fuel card issued by Citibank. When I was filling up at the gas station I noticed an advert for the Sunoco Mastercard credit card. My questions are:

 

1. Can I convert the fuel card to the credit card? I'm almost positive I can, but does anyone know for sure?

 

2. By converting my fuel card to a credit card, will it change it's classification on my credit report? It's my only retail/fuel card so I'd like to know since converting would give me less of a credit mix.

 

Thanks.

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Posts: 28,098
Registered: ‎04-01-2007
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Re: Question about converting a fuel card to a credit card...


jaybird201 wrote:

1. Can I convert the fuel card to the credit card? I'm almost positive I can, but does anyone know for sure?
Sorry; don't know this one.


jaybird201 wrote:

2. By converting my fuel card to a credit card, will it change it's classification on my credit report? It's my only retail/fuel card so I'd like to know since converting would give me less of a credit mix.

 

Thanks.



It will NOT be counted as a gas/retail card for credit mix. The only cards that count for this are the ones that only have the logo of the store or oil company, and not a logo for Visa/ MC/ Discover/ AmEx.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Established Contributor
Posts: 672
Registered: ‎07-05-2008
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Re: Question about converting a fuel card to a credit card...

Coolio, thanks HTSU! :smileyhappy:
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