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Does an Amex Charge card like the Premier Rewards Gold Card effect the 5/24 rule with Chase? ..... Friend Prequalified at Amex and he is waiting on next statement cut for Chase Sapphire ..... Advice for him?
Why would it not? It is an account whether it be a charge or credit.
I'm not familiar with how a charge card reports etc hence the question. Everything he read said "credit card accounts". He will have to wait for Chase Sapphire application then.
Thank you guys!
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |