topic Re: AU question in Credit Cards

AU question

b1gr3dmachin3 — Tue, 09 Jul 2013 01:51:49 GMT

My wife and I both have our own credit card. If I put here as an AU on my card and she does the same with me, will that help build our credit score? We both have a BoA Cash Rewards card.

Re: AU question

09Lexie — Tue, 09 Jul 2013 01:53:12 GMT

Yes as long as you both keep your util low and pyts are made on time.

Re: AU question

Anonymous — Tue, 09 Jul 2013 01:58:20 GMT

It depends. Is your card older than her oldest one and vice versa? If they aren't it could cause your AAoA to drop.

Re: AU question

09Lexie — Tue, 09 Jul 2013 02:00:06 GMT

True, guess I shouldn't assume they were the same age.

Re: AU question

b1gr3dmachin3 — Tue, 09 Jul 2013 02:02:26 GMT

Yes, we both make payments in full and on time. They are also the same age, as we got them at the same time.

Re: AU question

Anonymous — Tue, 09 Jul 2013 02:16:18 GMT

But are they your oldest accounts? If they aren't it will cause your AAoA to drop and you will lose points. Can't say how much.

Re: AU question

09Lexie — Tue, 09 Jul 2013 02:18:16 GMT

I believe OP only has 1 cc; correct?

Re: AU question

GatorGuy — Tue, 09 Jul 2013 02:21:33 GMT

They don't need to be your oldest accounts but rather atleast the same age as their AAoA.

Re: AU question

b1gr3dmachin3 — Tue, 09 Jul 2013 02:34:51 GMT

Yes, I only have 1 CC which is the one in my signature.