topic Re: How long before a card is not considered new? in Credit Cards

How long before a card is not considered new?

Niki9 — Thu, 01 Nov 2007 01:10:29 GMT

Anybody have any Idea how long you have to have a card before fico does not recognize it as a new card?

What is considered a recently opened account? less than 1 year? less than 5 years?

Anyone know?

Re: How long before a card is not considered new?

MidnightVoice — Thu, 01 Nov 2007 01:34:57 GMT

my guess is 6 months is newish and 12 months is not new

Re: How long before a card is not considered new?

Anonymous — Tue, 06 Nov 2007 20:34:02 GMT

When that new card smell goes away it is no longer new.

Re: How long before a card is not considered new?

Anonymous — Tue, 06 Nov 2007 20:57:41 GMT

Noah_Bodie wrote:
When that new card smell goes away it is no longer new.

Post of the day.

Re: How long before a card is not considered new?

Anonymous — Tue, 06 Nov 2007 23:31:35 GMT

Niki9 wrote:
Anybody have any Idea how long you have to have a card before fico does not recognize it as a new card?

What is considered a recently opened account? less than 1 year? less than 5 years?
Anyone know?

I opened a Citibank account in June, 2006. Equifax considered this "recently opened" credit until June, 2007. Experian and TransUnion seemed to forgive me for applying for new credit after about 6 months.

Re: How long before a card is not considered new?

Anonymous — Tue, 06 Nov 2007 23:35:45 GMT

When your eyes don't glaze over while the thought of how proud of yourself you are that you have "this" card.

Re: How long before a card is not considered new?

Anonymous — Wed, 07 Nov 2007 01:52:43 GMT

I can't wait for these **bleep** new cards to age! Hurry up hourglass!

Re: How long before a card is not considered new?

fused — Fri, 09 Nov 2007 02:59:13 GMT

Niki9 wrote:

Anybody have any Idea how long you have to have a card before fico does not recognize it as a new card?

What is considered a recently opened account? less than 1 year? less than 5 years?

Anyone know?

It depends but usually 6-12 months.

Re: How long before a card is not considered new?

smallfry — Fri, 09 Nov 2007 07:01:13 GMT

Barry correct me if I am wrong but you really start to gain point benefits after 24-27 months of age on our new accounts. Older than 12 months is no longer new and I think it stops hurting after 6 months. Sadly I start looking for the next one after I activate the new one.

Re: How long before a card is not considered new?

Anonymous — Tue, 10 Mar 2009 04:00:14 GMT

I have a card that was opened 1 year a two months ago, and Equifax is still considering that a new account. I have no idea when that annoying thing will disappear.