I received the automatic upgrade Walmart Discover card in the mail yesterday. My previous CL was $900 (on the GE Card). When I activated the Discover it stated new line was $3K. The card looks awesome....It states that the new Credit Line will replace the old. When I log in to Walmart. I can see two separate accounts. Can anyone confirm that the original account balance gets merged with the new Discover line?
Starting Score: <600 & No Score 2/2011
Starting Score: 560
buildingitbackup wrote:I received the automatic upgrade Walmart Discover card in the mail yesterday. My previous CL was $900 (on the GE Card). When I activated the Discover it stated new line was $3K. The card looks awesome....It states that the new Credit Line will replace the old. When I log in to Walmart. I can see two separate accounts. Can anyone confirm that the original account balance gets merged with the new Discover line?
After a while you'll see the old account as "Closed" with a Zero balance, the new account will show the balance (and any new additional charges).
When it shows up on your CR, the old account will show "closed, moved to another dept" (or something along that line).
But yes, you'll see the 2 separate accounts for a long time even though the old one is closed.
Congrats on the Upgrade btw! 
RyVision wrote:
buildingitbackup wrote:I received the automatic upgrade Walmart Discover card in the mail yesterday. My previous CL was $900 (on the GE Card). When I activated the Discover it stated new line was $3K. The card looks awesome....It states that the new Credit Line will replace the old. When I log in to Walmart. I can see two separate accounts. Can anyone confirm that the original account balance gets merged with the new Discover line?
After a while you'll see the old account as "Closed" with a Zero balance, the new account will show the balance (and any new additional charges).
When it shows up on your CR, the old account will show "closed, moved to another dept" (or something along that line).
But yes, you'll see the 2 separate accounts for a long time even though the old one is closed.
Congrats on the Upgrade btw!
its going two seperate trade line put on credit report ????? well this going to low AAOA for sure ;-(
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
