05-01-2007 11:20 AM
05-01-2007 11:51 AM
05-01-2007 12:16 PM
05-01-2007 04:45 PM
KDM wrote:I plan to use mine monthly for a small charge. Although, with no cl, I'm not sure how it's going to benefit my credit score as there will be no way to gauge my ut.My plan was to establish a relationship with AMEX and in the future get a credit card with them, but now I'm wondering if Citibank would be the better card. I have read that they are generous with the CLI.
05-01-2007 07:03 PM
Over on creditinfocenter, there's a monster AMEX thread. It's a thoroughly disgusting display of customers butt kissing a creditor. [There's more than a bit of satire in the previous sentence.]
In all seriousness, I do not know of a single creditor held in such high regard. If you stay current, I have yet to hear of AMEX doing arbitrary and unannounced CLDs, and they seem more generous than most OCs with CLIs.
Anecdotally, AMEX seems to serve as spit shine on a CR. One could be led to believe there's a hidden algorithm in FICO scoring that gives one a higher score with an AMEX card over VISA or MC. Given the era when FICO scoring was developed, it's not unreasonable to believe--but I've never heard anything credible to support this. Just supposition and speculation.
Disclamer: I am NOT an AMEX cardholder.
05-01-2007 08:09 PM
05-01-2007 08:30 PM
Umm, I may have strung together a few too many double and triple negatives. I do not have disdain for AMEX.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† 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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.