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Can an simple Upgrade hurt credit?

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Established Member

Can an simple Upgrade hurt credit?

Hello all, Quick question for you bright people on here. So I recently upgraded my non rewards Cap1 platinum to the no af QS card which earns cash back. My question is, in doing this did i shoot myself in the foot by causing the age and payment history of my platinum to close due to the change? Or would it continue as normal on the credit bureaus?

The rep advised me nothing about my account has changed, same card # and same account number just simply a product change.

I thought maybe some of you have gone through this and maybe be able to shed some light on this.

Does a product change cause any changes with you credit profile?

P.s the prodyct change was a SOFT inquiry.

Thanks guys.
5 REPLIES 5
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Moderator

Re: Can an simple Upgrade hurt credit?

There will be no change, same TL, same opening date. Everything stays the same as far as CR. The only difference is you get some cash back. 

07/09/2020 Reason 97 why paying tuition hurts so bad, anesthesia might be required. My son:" You told me humans have advanced digestive system, and there you are, defeated by a single cheese stick".

Two more years. I can do this. Maybe. We'll see.
Message 2 of 6
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Established Member

Re: Can an simple Upgrade hurt credit?

PC with cap one is generally same account number. The credit burros wont even know the difference. I PC capital one twice in one month, no harm done.

 


Message 3 of 6
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Established Member

Re: Can an simple Upgrade hurt credit?

You will probably be in the craptastic cap one bucket, so CLIs will be difficult. 


Message 4 of 6
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Super Contributor

Re: Can an simple Upgrade hurt credit?


@luna_scout123 wrote:
Hello all, Quick question for you bright people on here. So I recently upgraded my non rewards Cap1 platinum to the no af QS card which earns cash back. My question is, in doing this did i shoot myself in the foot by causing the age and payment history of my platinum to close due to the change? Or would it continue as normal on the credit bureaus?

The rep advised me nothing about my account has changed, same card # and same account number just simply a product change.

I thought maybe some of you have gone through this and maybe be able to shed some light on this.

Does a product change cause any changes with you credit profile?

P.s the prodyct change was a SOFT inquiry.

Thanks guys.

Nope. You're good.

 

Congratulations on the upgrade.


Total revolving limits 648500 (572500 reporting) FICO 8 EQ 725 TU 752 EX 732

Message 5 of 6
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Moderator

Re: Can an simple Upgrade hurt credit?


@i-like-pizza wrote:

You will probably be in the craptastic cap one bucket, so CLIs will be difficult. 


This card obviously means something to OP, "bucket" or not. They will cross that bridge when they get there. 

 No need to rain on their parade. 

07/09/2020 Reason 97 why paying tuition hurts so bad, anesthesia might be required. My son:" You told me humans have advanced digestive system, and there you are, defeated by a single cheese stick".

Two more years. I can do this. Maybe. We'll see.
Message 6 of 6
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