I have the Saks Fifth Store Card which recently changed to CapOne. I got it about a year ago for something I purchased but never used it. Two weeks ago, Saks sent me a new card for CapOne. I've never used it. It isn't reporting on my CR... should I ignore this or try to get it to report (it would of been open for 1 year now).
My credit profile:
AAoA: 7 years
Cards: NFCU ($10K), SDFCU ($20K)
Loans: Student loans, lots and make up the bulk of my long credit history
Inquiries: 1 on EX, 3 on TU, 1 on EQ
If you use the card it will report. If you don't use the card you run the risk of it being cancelled due to inactivity.
Would it be in my interest to start having it report given my credit profile? An extra card, hit on AAoA.
Does this help my mix of credit?
what is the CL on the card. you have 2 very nice CL there with the 2 cards you have. i don't know if store cards are rated differently in the account mix then CC. either way I think some depends on the CL of the card. a low 500 isn't going to be a big deal with your other 2 CL's. But that is just my opinion.