So, DH and I just got our cards in the mail yesterday. We activated them and what not. I called customer service today to ask when they report to the CRAs and I was told that it was every 35 days. I also asked when they would start reporting this TL, since it's new and she said within 35 days, and we would need to have some transactions on it first before it would report? Is this true? I was under the impression that it would report regardless since it's a new tradeline.
Starting Score: 588
It should report regardless of whether there have been any transactions. But it might take some time. Some lenders are quick to report. I believe Citi reports pretty quickly. Others take a statement cycle or two, e.g., Amex.
Starting Score: ~500 (12/01/2008)