@rob022574 wrote:Quick question. If one applies for multiple Amex cards and gets approved but for example has been a member since 1996 and that backdate gets applied to the credit report, does Chase still technically see this as a new account and will flag it for 5/24?
Thoughts?
if only -
No, the report will reflect the open date accurately on your report and will count against Chase's 5/24 rule.
If you open Amex business cards, they won't appear on your report (unless you're late or you default), and thus won't impact 5/24.
@rob022574 wrote:
member since 1996 and that backdate gets applied to the credit report
American Express began reporting the actual date cards were opened if they were opened after the 21st of March, 2015, rather than the [current month]/[member since year] format they used prior to that. Backdating has been gone for a long time, and for authorized users the account opening date shown on their reports will actually be the date they were added to the account, rather than inheriting the primary cardholder's account history.
@rob022574 wrote:Quick question. If one applies for multiple Amex cards and gets approved but for example has been a member since 1996 and that backdate gets applied to the credit report, does Chase still technically see this as a new account and will flag it for 5/24?
Thoughts?
Amex doesn't backdate it any more. It will show up as a new card.
