topic Re: Help! Replacement Discover Card in General Credit Topics

Help! Replacement Discover Card

Anonymous — Sat, 30 Oct 2021 21:21:36 GMT

My spouse lost his discover card (he is an authorized user on my account). We reported it lost and discover said they're sending new cards with a new account number. We have only had this card for 8 months. My concern is how will the new account report yo our credit? Will it cause two accounts to report (old and new) and therefore lower our average account age?

we are trying to buy a house in the next six months so a little worried

Re: Help! Replacement Discover Card

Shooting-For-800 — Sat, 30 Oct 2021 21:24:31 GMT

It will not affect the age of your account.

Congrats!

Re: Help! Replacement Discover Card

Anonymous — Sat, 30 Oct 2021 21:41:26 GMT

@Shooting-For-800 wrote:
It will not affect the age of your account.

Congrats!

Do you know how it will report? Will it show two accounts?

Re: Help! Replacement Discover Card

ChargedUp — Sat, 30 Oct 2021 21:58:02 GMT

Replacement cards are not reported to any bureaus. Your reports will not know the difference.

Re: Help! Replacement Discover Card

Anonymous — Sat, 30 Oct 2021 22:06:45 GMT

@ChargedUp wrote:
Replacement cards are not reported to any bureaus. Your reports will not know the difference.

Is that true even though they are giving a new account # ?

Re: Help! Replacement Discover Card

FinStar — Sat, 30 Oct 2021 22:54:38 GMT

@Anonymous wrote:
@ChargedUp wrote:
Replacement cards are not reported to any bureaus. Your reports will not know the difference.
Is that true even though they are giving a new account # ?

Yes.

Re: Help! Replacement Discover Card

Anonymous — Sun, 31 Oct 2021 00:22:57 GMT

Lost my Discover Card and had to obtain a replacement. They sent it with a new account number but the bureaus did not seem to even notice (no affect) for me.

Re: Help! Replacement Discover Card

SoCalGardener — Sun, 31 Oct 2021 00:34:25 GMT

@Anonymous wrote:
My spouse lost his discover card (he is an authorized user on my account). We reported it lost and discover said they're sending new cards with a new account number. We have only had this card for 8 months. My concern is how will the new account report yo our credit? Will it cause two accounts to report (old and new) and therefore lower our average account age?

we are trying to buy a house in the next six months so a little worried

Nothing to worry about! As others have said, this will not report as a new account--and even if it did, you're only looking at an 8-month history! So, really, no worries here at all.

BTW, I've had multiple cards replaced with new account numbers (fraud, suspected fraud) and they NEVER got reported as new accounts.

Re: Help! Replacement Discover Card

Iusedtolurk — Sun, 31 Oct 2021 12:32:37 GMT

@Anonymous wrote:
My spouse lost his discover card (he is an authorized user on my account). We reported it lost and discover said they're sending new cards with a new account number. We have only had this card for 8 months. My concern is how will the new account report yo our credit? Will it cause two accounts to report (old and new) and therefore lower our average account age?

we are trying to buy a house in the next six months so a little worried

I have had 3 cards replaced due to unauthorized charges and all that happened on my credit reports was that the account numbers were changed. Everything else remained the same.

The last one was Disco about 3 months ago. Got the replacement card the next day after account closed and everything was smooth transition. No old account/new account double reporting.

Re: Help! Replacement Discover Card

EAJuggalo — Sun, 31 Oct 2021 13:05:57 GMT

I've had a few cards replaced due to loss or fraud. The only time it's ever shown up as a new account was a Sync/Walmart/Mastercard. I lost that card in the first 4 months, it was re-issued and I now have a closed and an open card on my report.