topic Re: Amex reporting in General Credit Topics

Amex reporting

Eighthundredbound — Sun, 24 May 2020 04:41:56 GMT

I'm not complaining but I was approved for the Amex Blue and Blue Cash Preferred on April 18th last month. These new accounts have not been reported on my credit reports yet. I've used both cards with no issues.

The question is, has anyone had a similar experience? Seems odd. I thought the accounts would be listed on my credit reports.

Re: Amex reporting

Anonymous — Sun, 24 May 2020 04:53:32 GMT

@Eighthundredbound wrote:
I'm not complaining but I was approved for the Amex Blue and Blue Cash Preferred on April 18th last month. These new accounts have not been reported on my credit reports yet. I've used both cards with no issues.

The question is, has anyone had a similar experience? Seems odd. I thought the accounts would be listed on my credit reports.

@Eighthundredbound American Express accounts do not report to the credit bureaus until the second Statement Closing date.

Re: Amex reporting

Eighthundredbound — Sun, 24 May 2020 05:04:02 GMT

Ahhh, got it. Thanks @Anonymous so much.

Re: Amex reporting

Anonymous — Sun, 24 May 2020 06:00:30 GMT

It's actually a really useful policy, because it means you don't take the 3 month score hit you get with a brand new account. When they report, it's already past the worst phase of a new account.