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Average age of accounts

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antdave93
Regular Contributor

Average age of accounts

Hate to sound dumb here, but how is aaoa calulated differently  when you apply for 3 credit cards in one day compared to 3 in a month?

Message 1 of 6
5 REPLIES 5
Bman70
Established Contributor

Re: Average age of accounts

It wouldn't be different in any scoreable way...? Unless there's an AAoA wizard who can correct me. Those cards would still be 3 new cards opened that month of that year.


EX 822
TU 834
EQ 820


Message 2 of 6
antdave93
Regular Contributor

Re: Average age of accounts

Thanks for the reply bman

Message 3 of 6
gdale6
Moderator Emeritus

Re: Average age of accounts


@Bman70 wrote:

It wouldn't be different in any scoreable way...? Unless there's an AAoA wizard who can correct me. Those cards would still be 3 new cards opened that month of that year.


+1  AAoA is calculated by month not by days.

Message 4 of 6
myjourney
Super Contributor

Re: Average age of accounts


@antdave93 wrote:

Hate to sound dumb here, but how is aaoa calulated differently  when you apply for 3 credit cards in one day compared to 3 in a month?


http://seemly.com/aaoa-calculator/

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 5 of 6
takeshi74
Senior Contributor

Re: Average age of accounts


@antdave93 wrote:

Hate to sound dumb here, but how is aaoa calulated differently  when you apply for 3 credit cards in one day compared to 3 in a month?


It's not.  AAoA is always calculated the same way.  Now, the result will be different before and after the accounts are opened and reporting (appyling itself doesn't impact AAoA) but days aren't going to make the difference.

Message 6 of 6
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