DW recieved a "you're upgraded" offer from C&B for the MC after having a store card. Out of curiousity, would this show up as a new account for her or keep the age of the store card? I would assume it would keep the account age, but I've never really upgraded a store card (or held a store card for that matter that wasn't already a Visa/MC/Amex). Anyone with experience with this?
IIRC, this is managed by SYNCB. If she accepts the upgrade it will be coded as a new account and the store version of the account will be closed.
The closed account will preserve the history, but the new MC account will impact AAoA.
Yuck. That seems unnecssary for something we don't care all that much about, if true. Losing AAoA and AoYA is a much bigger loss for something that just seemed "nice." Rather she lose that from getting better cards that actually meet her spending.
Ive had 2 Synchrony store cards promote to M/C. Ican assure you there is life after upgrade. Synchrony is one of the more friendly banks for CLIs then lets say Barclays, Citi or Chase. If you do upgrade, call credit solutions and get a CLI before you upgrade.